Swank Atlanta

Swank Atlanta

Swank Atlanta is raising funds on Small Change. It is an upcoming luxury townhouse development on the Atlanta Beltline in the Reynoldstown neighborhood of Atlanta, Georgia. Swank Atlanta will include up to 14 townhomes with floor-to-ceiling windows, open-roof terraces, and spa amenities. The project has a secured construction loan term sheet and market validation and will be completed in phases. Mothusi Phometsi founded Swank Atlanta in May 2021. The current crowdfunding campaign has a minimum target of $150,000 and a maximum target of $1.2 million. The campaign proceeds will be used for the cost of construction, short-term payables, soft costs, platting, and pre-sales activities.

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Investment Overview

Raised this Round: Raised: $0

Deal Terms

Total Commitments ($USD)

Platform
Small Change
Start Date
10/22/2024
Close Date
04/30/2025
Min. Goal
$150,000
Max. Goal
$1,200,000
Min. Investment

$25,000

Security Type

Equity - Preferred

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1,000.00

Company & Team

Company

Year Founded
2021
Industry
Real Estate & Construction
Tech Sector
Non-Tech
Location
Atlanta, Georgia
Company Website
Visit Website

Team

Funding data not publicly available

Financials

as of Fiscal Year 2023
 Revenue
$34,800
 Monthly Burn
$10,319
 Runway
0.1 months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$34,800

$5,800

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-123,830

$-150,671

Summary Balance Sheet

FY 2023 FY 2022

Cash

$546

$3,015

Accounts Receivable

$0

$0

Total Assets

$1,493,657

$1,491,292

Short-Term Debt

$17,025

$11,233

Long-Term Debt

$1,158,226

$1,037,823

Total Liabilities

$1,175,251

$1,049,056

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/30/2025 Small Change - $0 Equity - Preferred Active RegCF
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Add to portfolio
Swank Atlanta on Small Change 2024
Platform: Small Change
Security Type: Equity - Preferred
Price per Share: $1.00

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