RAD Diversified REIT
Early Stage
Real Estate Investing Done Right & For You
Overview
Platform
Entoro Securities
Start Date
01/19/2022
Close Date
11/01/2022
Min. Goal
$1,000,000
Max. Goal
$75,000,000
Min. Investment
$1,000
Security Type
Equity - Common
SEC Filing Type
RegA+
Price Per Share
$18.52
Year Founded
2017
Industry
Real Estate & Construction
Tech Sector
Fintech
Location
Tampa, Florida
RAD Diversified REIT is raising funds through Reg A+ crowdfunding with Entoro Securities as the Broker-Dealer. The company intends to acquire real estate in Texas, California, Pennsylvania, and Florida and reposition, renovate, lease, and manage them. RAD Diversified REIT offers investors the opportunity to invest in a portfolio of properties, including farms, residential properties, and multi-family properties. Dutch Mendenhall founded RAD Diversified REIT in 2017. The current crowdfunding campaign has a minimum target of $1 million and a maximum target of $75 million. The campaign proceeds will be used to invest in and manage a diverse portfolio of properties.
Balance Sheet
|
Cash and Cash Equivalents |
$299,169 |
|
Accounts and Notes Receivable |
$9,017,053 |
|
Property, Plant and Equipment (PP&E) |
$3,389,835 |
| Total Assets |
$12,706,057 |
|
Accounts Payable & Accrued Liabilities |
$2,327,874 |
|
Long Term Debt |
$822,222 |
|
Total Liabilities |
$3,150,097 |
|
Total Stockholders' Equity |
$9,555,960 |
| Total Liabilities and Equity |
$12,706,057 |
Statement of Comprehensive Income Information
|
Total Revenues |
$753,821 |
|
Costs & Expenses Applicable to Rev |
$1,869,192 |
| Net Income |
$-1,115,371 |
|
Earnings Per Share - Basic |
$0.00 |
|
Earnings Per Share - Diluted |
$0.00 |
Auditor: Kho & Patel, PC
Financials as of: 01/19/2022
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Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| RAD Diversified REIT | 05/17/2023 | Self Managed | - | - | Equity - Common | Funded | RegD 506(c) |
| RAD Diversified REIT | 11/01/2022 | Entoro Securities | - | - | Equity - Common | Funded | RegA+ |
| RAD Diversified REIT | 11/01/2020 | Self Managed | - | - | Equity - Common | Funded | RegA+ |
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