Temple I

Temple I

Early Stage

Invest in a smart-tech student housing development next to Temple University

Invest in a smart-tech student housing development next to Temple University

Overview

Raised to Date: Raised: $360,000

Total Commitments ($USD)

Platform

Republic

Start Date

08/19/2020

Close Date

11/23/2020

Min. Goal
$100,000
Max. Goal
$360,000
Min. Investment

$79

Security Type

Convertible Note

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Rolling Commitments ($USD)

Status
Funded
Reporting Date

11/29/2020

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$3,750

# of Investors

1,324

Momentum
Funded
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Year Founded

2020

Industry

Real Estate & Construction

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Location

New York, New York

Business Type

Life Style

Temple I, a student housing development by Temple University, is raising crowdfunding on Republic. It is Phase 1 of a 100-bed tech-powered student housing development being developed by NYCE Companies. The development covers 10,000 square foot, 17-bedrooms units, directly across Temple University. Philip Michael and Martin Braithwaite of NYCE founded Temple I in June 2020. The proceeds of the current crowdfunding round, with a minimum goal of $100,000 and a maximum goal of $360,000, will be used for the development of the property. Temple I was acquired by NYCE in 2018, and the development is expected to be completed in the fourth quarter of 2020.

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

Financials as of: 08/19/2020
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Temple I 11/29/2022 Wefunder $1,177,750 $217,985 Equity - Common Funded RegCF
Temple I 11/23/2020 Republic - $360,000 Convertible Note Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Temple I on Republic
Platform: Republic
Security Type: Convertible Note
Price per Share: $1.00

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