Forbes Farmhouse Development
About this raise
Forbes Farmhouse Development is raising funds on Secure Living. It is a real estate company building a multi-phase project in Florida. Forbes Farmhouse Development’s project will be a mixed-use residential community in Miccosukee, Florida, and will be used for vacation rentals and event venue rentals. The company will be involved in the construction, operation, and maintenance of the farmhouse project. Kelvin Harris founded Forbes Farmhouse Development in November 2023. The current crowdfunding campaign has a minimum target of $200,000 and a maximum target of $535,000. The campaign proceeds will be used for site preparation, general site demolition, storm sewer piping, utility, landscape, and other construction-related expenses.
Investment Overview
Invested : $101,383
Deal Terms
Total Commitments
- Platform
- RealRise Capital
- Start Date
- 01/29/2024
- Close Date
- 08/31/2024
$100,000
$535,000
$500
Debt
Annually
RegCF
12.00%
5.0 years
Company & Team
Company
- Year Founded
- 2023
- Industry
- Real Estate & Construction
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- High
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 08/31/2024 | RealRise Capital | - | $101,383 | Debt | Funded | RegCF |