Paradigm Development Fund I

Paradigm Development Fund I

Closed: Oct. 2024

About this raise: Paradigm Development Fund I is raising funds on Rialto Markets. It is a social enterprise company focused on developing inclusive residential communities for neurotypical individuals. Paradigm Development Fund I offers affordable housing options and long-term solutions for people with intellectual and developmental disabilities and their families. The business also works with disability service providers to enable residents to access the services they need to live independent lives. David Leurck, Zachary Douglas, Richard Michaelis, Jr., and Theodore J. Karras founded Paradigm Development Fund I in December 2023. The current crowdfunding campaign has a minimum target of $500,000 and a maximum target of $5 million. The campaign proceeds will be used for land costs, hard costs, soft costs, pre-development costs, site and civil expenses, architecture, earnest money deposits, asset management, and general and administrative expenses.

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Investment Overview

Not Funded: $0

Deal Terms

Total Commitments ($USD)

Platform
Rialto Markets
Start Date
08/21/2024
Close Date
10/14/2024
Min. Goal
$500,000
Max. Goal
$5,000,000
Min. Investment

$1,000

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$100.00

Company & Team

Company

Year Founded
2023
Industry
Real Estate & Construction
Tech Sector
Non-Tech
Location
Indianapolis, Indiana
Company Website
Visit Website

Team

Funding data not publicly available

Financials

 Revenue
$0
 Cash on Hand
$0

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
10/14/2024 Rialto Markets - $0 Equity - Common Not Funded RegCF
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Paradigm Development Fund I on Rialto Markets 2024
Platform: Rialto Markets
Security Type: Equity - Common
Price per Share: $100.00

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Warning: according to the close date for this deal, Paradigm Development Fund I may no longer be accepting investments.

Paradigm Development Fund I Deal Report

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