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Phoenix & Southwest  + Phoenix  + Apartments  | 
AZ Apartment REIT goes national

Arizona-Only Crowdfunding Apartment REIT Goes National

You don’t have to have bags of money to invest in apartment communities.

Neighborhood Ventures is launching NV REIT, its first nationwide offering which provides investment opportunity to accredited and non-accredited, individual investors of all income levels. Previously, participation in Neighborhood Venture projects had been limited to Arizona residents.

Neighborhood Ventures plans to purchase a mix of developing and cash-flowing Multifamily dwellings in the Sun Belt and Mountainwest, with the intent to hold for 10 years while value rises. Shareholders benefit from monthly rents, and profits made from the sale of the properties. The NV REIT has set a target amount of $50 million based on a minimum investment of $1,000 with an expected return of 10-15% annually including cash distributions of 5-7% deposited in investor accounts monthly. Neighborhood Ventures will focus on securing Multifamily properties that the company feels are undervalued with a goal of unlocking their market potential.

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About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

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