Resurgent Realty Trust
[Closed for Investment] Resurgent Realty Trust, with a valuation of $10.8 million, is raising funds on NetCapital. It is a private commercial real estate company focused on acquiring grocery-anchored retail shopping centers in the United States. Resurgent Realty Trust acquires the assets in secondary and suburban markets at low prices and high cap rates and generates returns. The business works on a proven financing model and maintains a hold period of 5-7 years to maximize depreciation and protect taxable cash flow. Jon Wheeler and Laura Nguyen founded Resurgent Realty Trust in February 2024. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1.2 million. The campaign proceeds will be used for management compensation, legal fees, escrow deposits, third-party due diligence, and general and administrative expenses.
Investment Overview
Raised: $16,435
Deal Terms
Company & Team
Company
- Year Founded
- 2024
- Industry
- Real Estate & Construction
- Tech Sector
- Location
- Virginia Beach, Virginia
- Company Website
-
Visit Website
Team
- Employees
- 2
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Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
07/26/2024 | Netcapital | $10,800,000 | $16,435 | Equity - Common | Funded | RegCF |