The Assemblage/ 25th Street
2016 Un Proyecto de
The Assemblage/ 25 th Street Un Proyecto de 2016 The Assemblage | - - PowerPoint PPT Presentation
The Assemblage/ 25 th Street Un Proyecto de 2016 The Assemblage | 25 Street Un proyecto de Prodigy Network P - 2 The Assemblage | 25 Street Un proyecto de Prodigy Network P - 3 Prodigy Network DEMOCRATIZANDO LOS ACTIVOS MS DE US$ 350
2016 Un Proyecto de
La plataforma líder en crowdfunding inmobiliario
The securities offered by the issuers on Prodigy Network (the “Securities”) may be sold only to (A) investors who are (i) “accredited investors” as defjned in Rule 501 under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or (B) certain eligible investors who are not “U.S. persons” as defjned in Rule 902 under the Securities Act. The issuers on Prodigy Network offer the Securities in reliance on Rule 506 and Regulation S under the Securities Act, which are exemptions from the registration and disclosure requirements that apply to offerings registered under the Securities Act. None of the issuers offering Securities through Prodigy Network have been registered, or are required to register, as an investment company under the Investment Company Act of 1940, as amended. Therefore, investors will not benefjt from the protection of those acts. The Securities and Exchange Commission has not passed on the merits of or approved the Securities, the offering or the accuracy or completeness of any offering materials. The Securities are subject to legal restrictions on transfer and resale, and investors should not assume they will be able to resell their Securities. Risk factors disclosed in the offering materials for each investment should be carefully reviewed prior to making any investment decision and investors should be able to bear the entire loss of any investment. The material contained in this presentation may include forward looking fjnancial statements and/or representations. Neither Prodigy Network nor its affjliates make any representation or warranty, express or implied, as to the accuracy or completeness of this information, and nothing contained herein shall be relied upon as a promise or representation that past performance will be indicative of future performance. The information presented in this presentation may not be up to date and although images and concepts reflect good faith beliefs, expectations, estimates and/or projections of Prodigy Network, they are not guarantees and are subject to change. Prodigy Network undertakes no obligation to update any outdated information. The investments and/or services offered through Prodigy Network do not constitute “Crowdfunding” as described in Title III of the Jumpstart Our Business Startups Act (“JOBS Act”).Fundada en 2003, Prodigy Ne- twork es una empresa de FinTech1 especializada en crowdfunding in-
mundial con oportunidades de inver- sión en proyectos inmobiliarios de calidad institucional en mercados principales como Nueva York. Con su innovador modelo, Prodi- gy Network ofrece la oportunidad de invertir en el sector inmobiliario de gran escala, que anteriormente solo estaba disponible para inversio- nistas con alto poder adquisitivo o a grandes instituciones fjnancieras. Con sede en Nueva York, Prodi- gy Network es la plataforma líder de crowdfunding inmobiliario en los Es- tados Unidos, habiendo recaudado más de US $350 millones de dólares de capital, de más de 6.400 inver- sionistas provenientes de 22 países, con el fjn de invertir en 8 proyectos.
caudados para 4 proyectos ubi- cados en Nueva York.
caudados para 4 proyectos ubi- cados en Bogotá.2 Con esta participación del público, así como con fjnanciación tradicio- nal proporcionada por instituciones fjnancieras de talla mundial, como Deutsche Bank, Bank of America, CIBC y Vanbarton Group, Prodigy Network ha fjnanciado el desarrollo de sus proyectos.
proporcionar servicios fjnancieros. Las empresas de FinTech, como por ejemplo Paypal, son startups que están irrumpiendo la tradicional industria fjnanciera con el fjn de facilitar y benefjciar las transacciones fjnancieras de consumidores fjnales.
queremos exponer a inversionistas extranjeros al riesgo de país o de moneda.
DEMOCRATIZANDO LOS ACTIVOS INMOBILIARIOS MÁS DE US$ 350 MILLONES RECAUDADOS INSTITUCIONES FINANCIERAS DE TALLA MUNDIAL
A la fecha, nuestros cuatro proyectos en Bogotá, tienen un valor proyectado de mercado de $400MM, con $224MM recaudados de inversionistas individuales.
Bogotá - Colombia Costo: US $245MM Capital Promotores: US $55MM Crowdfunding: US $190MM (Fondeado) Uso: Uso Mixto + Hotel
01.
BD Bacata1
Bogotá - Colombia Costo: US $24MM Capital Promotores: US $5MM Crowdfunding: US $19MM (Fondeado) Uso: Hotel
02.
EXE Bacata
03.
Airport Business HUB
Bogotá - Colombia Costo: US $35MM Capital Promotores: US $20MM Crowdfunding: US $15MM (Fondeado) Uso: Ofjcinas
04.
72 HUB
Bogotá - Colombia Costo: US $85MM Fondeado Institucionalmente (Fondeado) Uso: Uso Mixto
Network no se ha involucrado en la construcción.
Internacional
Nueva York
A la fecha, nuestros cuatro proyectos en Nueva York, tienen un valor proyectado de mercado de US $700MM, con más de US $125MM recaudados de inversionistas individuales.
Nueva York - EE.UU Costo: US $135MM Crowdfunding: US $42MM (Fondeado) Sponsors: US $4MM Deuda: US $89MM, asegurada por CIBC / Vanbarton Group
02.
Aka Wall Street
En Construcción - Inauguración 2ndo trimestre 2016
Nueva York - EE.UU Costo: US $220MM Crowdfunding - Adquisición: US $38MM (Fondeado) Crowdfunding - Desarrollo: US $14MM (Fondeado) Deuda: US $168MM, asegurada por Deutsche Bank / Vanbarton Group
03.
The Assemblage/17 John
En Construcción - Inauguración 3er trimestre 2018
Nueva York - EE.UU Total proyecto: US $87.1MM Crowdfunding a la fecha: US $20MM Objetivo de Crowdfunding: US $47.1MM Deuda: US $40MM
Oferta Abierta
The Assemblage/25th Street
04.
Nueva York - EE.UU Costo: US $99MM Crowdfunding: US $12MM (Fondeado) Sponsors: US $9MM Deuda: US $78MM, asegurada por Vanbarton Group / Bank of America
01.
Aka United Nations
Retornos entregados - Enero 2016
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La oportunidad consiste en invertir en la adquisición y el desarrollo del edifjcio ubicado en 114 East 25th Street, para así benefjciarse de los retornos del desarrollo del proyecto. La estrategia de Prodigy Network consiste en adquirir propiedades en Manhattan, con ubicaciones privilegiadas, para luego desarrollar un concepto atractivo y generar valor en la propiedad, lo cual justifjca una venta futura que provee retornos atractivos para los inversionistas.
Generadores de Valor
piedad de residencial a comer- cial, lo cual aumenta el precio de manera intrinsica.
butos de alto valor como una ubicación deseable, un barrio atrac- tivo y un mercado subatendido.
espacios de trabajo colaborativos, tendencia en crecimiento, dise- ñado por la reconocida boutique de diseño con base en Nueva York “Meyer Davis”.1
Flatiron Building Madison Square Park Eleven Madison Park Assemblage/25th Street
114 East 25th Street
Eataly
NoMad, Manhattan
Fuente: Google Earth
The Assemblage / 25th Street, está ubicado en el corazón de NoMad, llamado así por su ubicación al norte de Madison Square Park. Esta conveniente ubicación, se encuentra muy cerca de Flatiron, Union Square, Soho y Midtown East. El edifjcio está bien localizado, como parte de los distritos residenciales y de ofjcinas de Midtown South, cerca de estaciones de tránsito como la de 23rd Street y amenidades de alta calidad de vida, como el Madison Square Park. Durante los últimos años, este barrio se ha convertido en un lugar de moda, al ser el destino predilecto de diversos hoteles boutique y restaurantes de primera categoría, como Gramercy Tavern, 11 Madison o Eataly.
The Assemblage / 25th Street tendrá 48,000 pies2 destinados a este único e innovador concepto de espacios de trabajo colaborativo.
The securities offered by the issuers on Prodigy Network (the “Securities”) may be sold only to (A) investors who are (i) “accredited investors” as defjned in Rule 501 under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or (B) certain eligible investors who are not “U.S. persons” as defjned in Rule 902 under the Securities Act. The issuers on Prodigy Network offer the Securities in reliance on Rule 506 and Regulation S under the Securities Act, which are exemptions from the registration and disclosure requirements that apply to offerings registered under the Securities Act. None of the issuers offering Securities through Prodigy Network have been registered, or are required to register, as an investment company under the Investment Company Act of 1940, as amended. Therefore, investors will not benefjt from the protection of those acts. The Securities and Exchange Commission has not passed on the merits of or approved the Securities, the offering or the accuracy or completeness of any offering materials. The Securities are subject to legal restrictions on transfer and resale, and investors should not assume they will be able to resell their Securities. Risk factors disclosed in the offering materials for each investment should be carefully reviewed prior to making any investment decision and investors should be able to bear the entire loss of any investment. The material contained in this presentation may include forward looking fjnancial statements and/or representations. Neither Prodigy Network nor its affjliates make any representation or warranty, express or implied, as to the accuracy or completeness of this information, and nothing contained herein shall be relied upon as a promise or representation that past performance will be indicative of future performance. The information presented in this presentation may not be up to date and although images and concepts reflect good faith beliefs, expectations, estimates and/or projections of Prodigy Network, they are not guarantees and are subject to change. Prodigy Network undertakes no obligation to update any outdated information. The investments and/or services offered through Prodigy Network do not constitute “Crowdfunding” as described in Title III of the Jumpstart Our Business Startups Act (“JOBS Act”).P-9
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01.
Las restricciones de espacio (el tiempo de espera promedio para un espacio de 300 pies cuadrados es de 3-5 meses).
03.
La inflexibilidad de los contratos de arrendamiento (la duración mínima de un contrato suele ser de 1 año).
04.
Las sinergias desarrolladas entre los diferentes usuarios (profesionales inde- pendientes, emprendedores, y pymes, principalmente) provenientes de dife- rentes industrias, quienes no solo se benefjcian de tener un espacio en donde trabajar, sino que se benefjcian de tra- bajar de forma colaborativa.
02.
Las altas rentas y sus constantes incrementos. Los usuarios desarrollan un sentido de comunidad.
Estos son espacios de trabajo con diferentes confjguraciones, que pueden ser arrendados por días, semanas o meses, donde sus miembros comparten un espacio físico y virtual, así como los equipamientos y servicios típicos de una ofjcina.
Los espacios de trabajo colaborativos se han vuelto populares en Nueva York por 5 principales motivos:
The securities offered by the issuers on Prodigy Network (the “Securities”) may be sold only to (A) investors who are (i) “accredited investors” as defjned in Rule 501 under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or (B) certain eligible investors who are not “U.S. persons” as defjned in Rule 902 under the Securities Act. The issuers on Prodigy Network offer the Securities in reliance on Rule 506 and Regulation S under the Securities Act, which are exemptions from the registration and disclosure requirements that apply to offerings registered under the Securities Act. None of the issuers offering Securities through Prodigy Network have been registered, or are required to register, as an investment company under the Investment Company Act of 1940, as amended. Therefore, investors will not benefjt from the protection of those acts. The Securities and Exchange Commission has not passed on the merits of or approved the Securities, the offering or the accuracy or completeness of any offering materials. The Securities are subject to legal restrictions on transfer and resale, and investors should not assume they will be able to resell their Securities. Risk factors disclosed in the offering materials for each investment should be carefully reviewed prior to making any investment decision and investors should be able to bear the entire loss of any investment. The material contained in this presentation may include forward looking fjnancial statements and/or representations. Neither Prodigy Network nor its affjliates make any representation or warranty, express or implied, as to the accuracy or completeness of this information, and nothing contained herein shall be relied upon as a promise or representation that past performance will be indicative of future performance. The information presented in this presentation may not be up to date and although images and concepts reflect good faith beliefs, expectations, estimates and/or projections of Prodigy Network, they are not guarantees and are subject to change. Prodigy Network undertakes no obligation to update any outdated information. The investments and/or services offered through Prodigy Network do not constitute “Crowdfunding” as described in Title III of the Jumpstart Our Business Startups Act (“JOBS Act”).05.
La forma de trabajar a nivel mundial está moviéndose hacia esta modalidad, lo cual se evidencia por el rápido crecimiento de esta industria en los últimos 4 años. De 2011 a 2015 la tasa de crecimiento anual del número de locales dedicados a esta actividad ha sido del 62%. Esto va de la mano con el crecimiento anual del 85% en el número de usuarios, los cuales pasaron de 151,000 en 2011 a 510,000 en 2015.1 Grandes empresas como General Electric, KPMG y The Guardian recurren con regularidad a complementar sus ofjcinas tradicionales con espacios subarrendados en estas ofjcinas flexibles.2
Número de usuarios en espacios de trabajo colaborativo a nivel mundial
The securities offered by the issuers on Prodigy Network (the “Securities”) may be sold only to (A) investors who are (i) “accredited investors” as defjned in Rule 501 under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or (B) certain eligible investors who are not “U.S. persons” as defjned in Rule 902 under the Securities Act. The issuers on Prodigy Network offer the Securities in reliance on Rule 506 and Regulation S under the Securities Act, which are exemptions from the registration and disclosure requirements that apply to offerings registered under the Securities Act. None of the issuers offering Securities through Prodigy Network have been registered, or are required to register, as an investment company under the Investment Company Act of 1940, as amended. Therefore, investors will not benefjt from the protection of those acts. The Securities and Exchange Commission has not passed on the merits of or approved the Securities, the offering or the accuracy or completeness of any offering materials. The Securities are subject to legal restrictions on transfer and resale, and investors should not assume they will be able to resell their Securities. Risk factors disclosed in the offering materials for each investment should be carefully reviewed prior to making any investment decision and investors should be able to bear the entire loss of any investment. The material contained in this presentation may include forward looking fjnancial statements and/or representations. Neither Prodigy Network nor its affjliates make any representation or warranty, express or implied, as to the accuracy or completeness of this information, and nothing contained herein shall be relied upon as a promise or representation that past performance will be indicative of future performance. The information presented in this presentation may not be up to date and although images and concepts reflect good faith beliefs, expectations, estimates and/or projections of Prodigy Network, they are not guarantees and are subject to change. Prodigy Network undertakes no obligation to update any outdated information. The investments and/or services offered through Prodigy Network do not constitute “Crowdfunding” as described in Title III of the Jumpstart Our Business Startups Act (“JOBS Act”).2012 500,000 300,000 100,000 400,000 200,000 0.00 2014 2015
85%
Tasa de crecimiento anual de número de usuarios en los últimos 4 años.
2011 2013 600,000
(membresías básicas, mesas comunales, puestos reservados y ofjcinas privadas).
entre otros.
conectados.
marca en NYC. (The Assemblage / 17 John ubicado en el Distrito Financiero de Manhattan es otra de las ubicaciones ya confjrmadas).
The securities offered by the issuers on Prodigy Network (the “Securities”) may be sold only to (A) investors who are (i) “accredited investors” as defjned in Rule 501 under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or (B) certain eligible investors who are not “U.S. persons” as defjned in Rule 902 under the Securities Act. The issuers on Prodigy Network offer the Securities in reliance on Rule 506 and Regulation S under the Securities Act, which are exemptions from the registration and disclosure requirements that apply to offerings registered under the Securities Act. None of the issuers offering Securities through Prodigy Network have been registered, or are required to register, as an investment company under the Investment Company Act of 1940, as amended. Therefore, investors will not benefjt from the protection of those acts. The Securities and Exchange Commission has not passed on the merits of or approved the Securities, the offering or the accuracy or completeness of any offering materials. The Securities are subject to legal restrictions on transfer and resale, and investors should not assume they will be able to resell their Securities. Risk factors disclosed in the offering materials for each investment should be carefully reviewed prior to making any investment decision and investors should be able to bear the entire loss of any investment. The material contained in this presentation may include forward looking fjnancial statements and/or representations. Neither Prodigy Network nor its affjliates make any representation or warranty, express or implied, as to the accuracy or completeness of this information, and nothing contained herein shall be relied upon as a promise or representation that past performance will be indicative of future performance. The information presented in this presentation may not be up to date and although images and concepts reflect good faith beliefs, expectations, estimates and/or projections of Prodigy Network, they are not guarantees and are subject to change. Prodigy Network undertakes no obligation to update any outdated information. The investments and/or services offered through Prodigy Network do not constitute “Crowdfunding” as described in Title III of the Jumpstart Our Business Startups Act (“JOBS Act”).P-13
Espacios colaborativos Espacios colaborativos
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Espacios colaborativos
P-15
Espacios colaborativos
P-16
Bar en la azotea
P-17
US $100,0002 US $150,000 - $180,000 1.5x - 1.8x Múltiplo estimado
Retorno fjnal
01. 02. 03.
6% 12% - 16%
Retorno anual preferencial3 TIR estimada
The securities offered by the issuers on Prodigy Network (the “Securities”) may be sold only to (A) investors who are (i) “accredited investors” as defjned in Rule 501 under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or (B) certain eligible investors who are not “U.S. persons” as defjned in Rule 902 under the Securities Act. The issuers on Prodigy Network offer the Securities in reliance on Rule 506 and Regulation S under the Securities Act, which are exemptions from the registration and disclosure requirements that apply to offerings registered under the Securities Act. None of the issuers offering Securities through Prodigy Network have been registered, or are required to register, as an investment company under the Investment Company Act of 1940, as amended. Therefore, investors will not benefjt from the protection of those acts. The Securities and Exchange Commission has not passed on the merits of or approved the Securities, the offering or the accuracy or completeness of any offering materials. The Securities are subject to legal restrictions on transfer and resale, and investors should not assume they will be able to resell their Securities. Risk factors disclosed in the offering materials for each investment should be carefully reviewed prior to making any investment decision and investors should be able to bear the entire loss of any investment. The material contained in this presentation may include forward looking fjnancial statements and/or representations. Neither Prodigy Network nor its affjliates make any representation or warranty, express or implied, as to the accuracy or completeness of this information, and nothing contained herein shall be relied upon as a promise or representation that past performance will be indicative of future performance. The information presented in this presentation may not be up to date and although images and concepts reflect good faith beliefs, expectations, estimates and/or projections of Prodigy Network, they are not guarantees and are subject to change. Prodigy Network undertakes no obligation to update any outdated information. The investments and/or services offered through Prodigy Network do not constitute “Crowdfunding” as described in Title III of the Jumpstart Our Business Startups Act (“JOBS Act”).Supuestos de operación:
$9001
Supuestos de liquidación:
aproxima a US$ 2000/pie2 (supuesto
conservador).
de 3-4 años de operación.
Costos del proyecto
Adquisición $ 49.5 M Costos directos e indirectos $ 37.6 M Total proyecto $ 87.1 M
Costos por pie cuadrado
Área total (48,000 pies cuadrados) Adquisición $ 1.031.25 Costos directos e indirectos $ 783.33 Total proyecto $ 1,814.58 Deuda $ 40.0 M Monto capital objetivo $ 47.1 M Costos del proyecto $ 87.1 M
Presupuesto Estructura de Capital
The securities offered by the issuers on Prodigy Network (the “Securities”) may be sold only to (A) investors who are (i) “accredited investors” as defjned in Rule 501 under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or (B) certain eligible investors who are not “U.S. persons” as defjned in Rule 902 under the Securities Act. The issuers on Prodigy Network offer the Securities in reliance on Rule 506 and Regulation S under the Securities Act, which are exemptions from the registration and disclosure requirements that apply to offerings registered under the Securities Act. None of the issuers offering Securities through Prodigy Network have been registered, or are required to register, as an investment company under the Investment Company Act of 1940, as amended. Therefore, investors will not benefjt from the protection of those acts. The Securities and Exchange Commission has not passed on the merits of or approved the Securities, the offering or the accuracy or completeness of any offering materials. The Securities are subject to legal restrictions on transfer and resale, and investors should not assume they will be able to resell their Securities. Risk factors disclosed in the offering materials for each investment should be carefully reviewed prior to making any investment decision and investors should be able to bear the entire loss of any investment. The material contained in this presentation may include forward looking fjnancial statements and/or representations. Neither Prodigy Network nor its affjliates make any representation or warranty, express or implied, as to the accuracy or completeness of this information, and nothing contained herein shall be relied upon as a promise or representation that past performance will be indicative of future performance. The information presented in this presentation may not be up to date and although images and concepts reflect good faith beliefs, expectations, estimates and/or projections of Prodigy Network, they are not guarantees and are subject to change. Prodigy Network undertakes no obligation to update any outdated information. The investments and/or services offered through Prodigy Network do not constitute “Crowdfunding” as described in Title III of the Jumpstart Our Business Startups Act (“JOBS Act”).Q2 2015
Prodigy Network Firmo opción de compra Liquidación de la Inversión Comenzó de la campaña de Crowdfunding Comienzo del pre-desarrollo Comienzo de la operación
Q3 2015 Q4 2015
Q1 2017
Q1-Q2 2020 Q2 2016
Termina la Campaña de Crowdfunding
Meyer Davis Studio estará encargado del diseño interior del edificio. Esta boutique de diseño con sede en Nueva York, es reconocida a nivel mundial y se encuentra a la vanguardia de los entornos de hospita- lidad, residenciales, comerciales y de trabajo de alta gama, tanto en los EE.UU como a nivel internacional. Algunos de sus clientes comer- ciales más importantes incluyen el Four Seasons, Le Meridian, Ritz Carlton, W Hotels, los boutiques de Oscar de la Renta, John Varvatos y numerosos entornos de oficina de marcas de lujo.
http://www.meyerdavis.com
NES Financial, es una compañía privada que provee soluciones para simplificar y monitorear transacciones financieras complejas. La compañía se especializa en la administración de fondos y cuentas de escrow, y es por esto que es el administrador externo de Prodigy Network; actuando como un ente tercero que esta en permanente monitoreo de las finan- zas y desarrollos de los proyectos, para así garantizar la transparencia y legitimidad de cada oportunidad. Entre los clientes de NEW Financials se encuentran diversas compañías de Fortune 500.
http://www.nesfjnancial.com
Shorewood es una plataforma de inversión inmobiliaria de multi-es- trategia que se especializa en estructurar la adquisición, financiación y desarrollo de activos inmobiliarios de calidad institucional. Sho- rewood invierte capital de los inversionistas que participan en la pla- taforma Prodigy Network. Hasta la fecha Shorewood ha estructurado las inversiones con una base de costo de más de $ 500 millones. La firma cuenta con una amplia experiencia en todos los aspectos del campo de la inversión de bienes raíces y ofrece soluciones integra- das e innovadoras para maximizar el valor a largo plazo de los acti- vos inmobiliarios.
http://www.shorewoodgrp.com
CCM fue construido a partir de la idea de que los resultados exitosos se logran mediante la combinación de la creatividad, la artesanía y el
propiedades comerciales; un total de casi 7 millones de pies cua- drados, a más de 6.500 unidades residenciales. Como líder en este mercado, CCM ha completado con éxito algunos de los proyectos de escala más complejos a nivel de logistica y tamaño jamás llevadas a cabo en la ciudad de Nueva York, transformando muchos edificios icónicos en la mayoría de los entornos modernos, funcionales y lujo- sos de la actualidad.
http://www.ccm.nyc/
Merritt y Harris se esfuerza por ser el líder en el suministro consis- tente de excelentes servicios de consultoría relacionados con la cons- trucción para la comunidad de inversores y prestamistas de activos
colectiva para establecer, mantener, y contribuir a los más altos nive- les de profesionalismo, la integridad, la honestidad, la cooperación y la confianza en su relación con los clientes y compañeros de trabajo.
http://www.merrittandharris.com/
Diseñador de Interiores Desarrollador Administrador de Fondos de Terceros Consultora de Construcción Consultora de Gastos de Construcción
Atrasos en el desarrollo Cambios en las condiciones del mercado Creemos que el riesgo de desarrollo es mínimo dado el alcance de la construcción. Sin embargo, la pre-construcción de la propiedad ha comenzado (a pesar de que la propiedad no ha sido adquirida) y el promotor tendrá una garantía de fjnalización con el constructor. El plan es operar la propiedad como un espacio de co-working con un promedio de 900 miembros; nuestras suposiciones de
los miembros seríamos capaces de dar servicio a los costos de deuda y operación. Tenemos un nivel de deuda para la propiedad menor que el del mercado con el fjn de ser conservador. Esto permitirá a los inversionistas benefjciarse de la protección de tener un menor apalancamiento que les permite recibir flujos de caja operativos con mucha menos incertidumbre.
Riesgos Mitigantes
The securities offered by the issuers on Prodigy Network (the “Securities”) may be sold only to (A) investors who are (i) “accredited investors” as defjned in Rule 501 under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or (B) certain eligible investors who are not “U.S. persons” as defjned in Rule 902 under the Securities Act. The issuers on Prodigy Network offer the Securities in reliance on Rule 506 and Regulation S under the Securities Act, which are exemptions from the registration and disclosure requirements that apply to offerings registered under the Securities Act. None of the issuers offering Securities through Prodigy Network have been registered, or are required to register, as an investment company under the Investment Company Act of 1940, as amended. Therefore, investors will not benefjt from the protection of those acts. The Securities and Exchange Commission has not passed on the merits of or approved the Securities, the offering or the accuracy or completeness of any offering materials. The Securities are subject to legal restrictions on transfer and resale, and investors should not assume they will be able to resell their Securities. Risk factors disclosed in the offering materials for each investment should be carefully reviewed prior to making any investment decision and investors should be able to bear the entire loss of any investment. The material contained in this presentation may include forward looking fjnancial statements and/or representations. Neither Prodigy Network nor its affjliates make any representation or warranty, express or implied, as to the accuracy or completeness of this information, and nothing contained herein shall be relied upon as a promise or representation that past performance will be indicative of future performance. The information presented in this presentation may not be up to date and although images and concepts reflect good faith beliefs, expectations, estimates and/or projections of Prodigy Network, they are not guarantees and are subject to change. Prodigy Network undertakes no obligation to update any outdated information. The investments and/or services offered through Prodigy Network do not constitute “Crowdfunding” as described in Title III of the Jumpstart Our Business Startups Act (“JOBS Act”).Operación Hemos estructurado el proyecto bajo supuestos conservadores de tal manera en que en caso de que haya desaceleraciones en las condiciones de mercado seamos capaces de cubrir los costos de operación y servicio de deuda; incluso con una caída del 50% en el NOI proyectado estaríamos cubriendo el servicio de deuda y los costos de operación.
El contenido de este documento fue creado por Prodigy Network y/o sus personas relacionadas (colectivamente, Prodigy o nosotros) para su información y uso exclu-
cial diseñado y desarrollado para proveer información resumida, privada, preliminar y no definitiva relacionada con una opor- tunidad de inversión presentada por Pro- digy, y no puede ser utilizada para ningún
contenido de este documento sea distri- buido o reproducido sin previa autorización
con relación a la totalidad o parte de este documento, constituirá una violación de las leyes aplicables en la jurisdicción en la que este documento sea visto. La presentación ha sido preparada exclusi- vamente para fines informativos y no cons- tituye ni contiene una oferta, ni una solicitud de una oferta, de compra o suscripción de ningún valor o acción, ni podrá ser utilizada como base para la compra de valores. Cual- quier oferta para invertir en proyectos de Prodigy se hará únicamente mediante la entrega formal de todos los documentos jurídicos necesarios para tal fin, los cuales no están incluidos en este documento. Los destinatarios de esta presentación deben considerar y analizar dichos documentos jurídicos incluyendo, entre otros, un Private Placement Memorandum y un contrato de suscripción, de manera independiente y con el apoyo cualificado de sus propios aseso- res financieros, jurídicos y fiscales. Nada de lo contenido en este documento puede ser considerado como una recomendación de inversión. En caso de presentarse una contradicción entre esta presentación y los documentos jurídicos relacionados con la
cerán los documentos jurídicos. Invertir en valores implica riesgos y los inversionistas deben poder asumir la pérdida de su inver- sión. Los factores de riesgo de las oportu- nidades de inversión de Prodigy estarán detallados en esos documentos jurídicos y deberán ser cuidadosamente revisados antes de tomar la decisión de inversión. La información contenida en esta presen- tación incluye estimaciones y proyecciones de Prodigy, e importantes elementos de jui- cio y análisis subjetivo. Las imágenes, con- ceptos y declaraciones contienen estados financieros proyectados y/o declaraciones
relacionadas declaran o garantizan, expresa
de la información presentada, y ninguna parte del presente documento deberán tomarse como una promesa o declaración de desempeño pasado o futuro. Ni Prodigy ni ninguno de sus directores, funcionarios, empleados, representantes o agentes asu- men responsabilidad derivada de errores
falta de cuidado en la elaboración o distri- bución de este documento. La información presentada puede no estar actualizada y, aunque las imágenes y conceptos reflejan expectativas, estimaciones y/o proyeccio- nes de buena fe, los mismos no se garanti- zan y están sujetos a cambios. Los datos económicos y de mercado que figuran en este documento se han obtenido de fuentes consideradas fiables por Prodigy. Aunque no dudamos de su exactitud, no ofrecemos ninguna garantía respecto de los mismos. Las participaciones o valores a los que se refiere este documento y la presentación (las “Participaciones”) pueden ser comer- cializados únicamente a: (A) Los inversio- nistas dentro de los Estados Unidos que califiquen como (i) “Inversionistas Acredi- tados” (Accredited Inverstors), como dicho término se define en la Regla 501 de la Ley de Valores de los Estados Unidos (Secu- rities Act of 1933) (la “Ley de Valores”); o que cumplan con la definición de (ii) “Com- pradores Calificados”, según tal término se define en la Sección 2 (a) (51) de la Ley de Compañías de Inversión (Investment Company Act of 1940) (la “Ley de Compa- ñías de Inversión”); o (B) los inversionistas fuera de Estados Unidos que no sean “Per- sonas Estadounidenses”, tal como dicho término se define en la Regla 902 de la Ley de Valores. Antes de invertir las calidades necesarias de los inversionistas serán verificadas, y éstos deberán confirmar que aceptan los altos riesgos asociados a la inversión. Prodigy ofrecerá las Participaciones bajo exenciones de los requisitos de registro
Valores, específicamente las consagradas en las Regulaciones D y S, y las Participa- ciones estarán exentas de los requisitos específicos de publicación y reporte de la Comisión de Valores de los Estados Uni- dos (Securities Exchange Commission) (la “SEC”) obligatorios para las operaciones registradas bajo la Ley de Valores. Más aún, las Participaciones no han sido ni serán registradas en ningún otro Estado, ni con ninguna otra autoridad en cualquier
cadas ha sido registrada como un fondo, según se define tal término en la Ley de Compañías de Inversión de los Estados
gozarán de los beneficios de la protección establecida en dichas leyes. Ninguna autori- dad se ha pronunciado respecto de las Par- ticipaciones o la aprobación de las mismas, la oferta o la exactitud o integridad de la documentación de las eventuales ofertas. Las Participaciones están sujetas a restric- ciones legales de transferencia y/o reventa, y los inversionistas no deben asumir que podrán enajenarlos libremente. Las inversiones y/o servicios de Prodigy Network no constituyen “crowdfunding” como dicho término se utiliza en el Título III del Jumpstart Our Business Startups Act (“JOBS Act”).
Accredited investors now have the
the 17 John Street commercial real estate overhaul in Manhattan, a pro- ject of real estate crowdfunding pla- tform Prodigy Network. With $35 million raised from accredited inves- tors so far, Prodigy Network’s 17 John project is the largest equity-crowdfun- ded deal, according to Crowdnetic Rodrigo Nino, the Founder and CEO
States we focused only on projects in New York. We want to provide access to what we believe is the better real estate.” Harvard Business School published a case study on the real estate crow- dfunding platform Prodigy Network and its founder Rodrigo Niño. “And while other crowdfunding plat- forms merely act as an intermediary between developers and investors, Prodigy co-develops all the projects it funds… He is the most successful real estate developer using crowdfunding in the U.S.” “A recent study from Massolution reports that crowdfunding investors injected $1 billion into the U.S. real estate market last year. By the end
$2.5 billion…”
http://therealdeal.com/issues_articles/rodrigo-nino- above-the-crowd/ http://www.nytimes.com/2014/11/19/realestate/ commercial/thirty-minute-interview-rodrigo-nino. html?_r=0 http://www.cnbc.com/2015/02/04/how-to-buy-a- piece-of-manhattan-for-10000.html http://www.forbes.com/sites/ devinthorpe/2014/09/17/advertising-private-Nota: los artículos originales están en inglés, por eso el idioma de esta lámina es este.
The securities offered by the issuers on Prodigy Network (the “Securities”) may be sold only to (A) investors who are (i) “accredited investors” as defjned in Rule 501 under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or (B) certain eligible investors who are not “U.S. persons” as defjned in Rule 902 under the Securities Act. The issuers on Prodigy Network offer the Securities in reliance on Rule 506 and Regulation S under the Securities Act, which are exemptions from the registration and disclosure requirements that apply to offerings registered under the Securities Act. None of the issuers offering Securities through Prodigy Network have been registered, or are required to register, as an investment company under the Investment Company Act of 1940, as amended. Therefore, investors will not benefjt from the protection of those acts. The Securities and Exchange Commission has not passed on the merits of or approved the Securities, the offering or the accuracy or completeness of any offering materials. The Securities are subject to legal restrictions on transfer and resale, and investors should not assume they will be able to resell their Securities. Risk factors disclosed in the offering materials for each investment should be carefully reviewed prior to making any investment decision and investors should be able to bear the entire loss of any investment. The material contained in this presentation may include forward looking fjnancial statements and/or representations. Neither Prodigy Network nor its affjliates make any representation or warranty, express or implied, as to the accuracy or completeness of this information, and nothing contained herein shall be relied upon as a promise or representation that past performance will be indicative of future performance. The information presented in this presentation may not be up to date and although images and concepts reflect good faith beliefs, expectations, estimates and/or projections of Prodigy Network, they are not guarantees and are subject to change. Prodigy Network undertakes no obligation to update any outdated information. The investments and/or services offered through Prodigy Network do not constitute “Crowdfunding” as described in Title III of the Jumpstart Our Business Startups Act (“JOBS Act”).Prodigy Network líder en la democratización de las inversiones según Harvard.
The securities offered by the issuers on Prodigy Network (the “Securities”) may be sold only to (A) investors who are (i) “accredited investors” as defjned in Rule 501 under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or (B) certain eligible investors who are not “U.S. persons” as defjned in Rule 902 under the Securities Act. The issuers on Prodigy Network offer the Securities in reliance on Rule 506 and Regulation S under the Securities Act, which are exemptions from the registration and disclosure requirements that apply to offerings registered under the Securities Act. None of the issuers offering Securities through Prodigy Network have been registered, or are required to register, as an investment company under the Investment Company Act of 1940, as amended. Therefore, investors will not benefjt from the protection of those acts. The Securities and Exchange Commission has not passed on the merits of or approved the Securities, the offering or the accuracy or completeness of any offering materials. The Securities are subject to legal restrictions on transfer and resale, and investors should not assume they will be able to resell their Securities. Risk factors disclosed in the offering materials for each investment should be carefully reviewed prior to making any investment decision and investors should be able to bear the entire loss of any investment. The material contained in this presentation may include forward looking fjnancial statements and/or representations. Neither Prodigy Network nor its affjliates make any representation or warranty, express or implied, as to the accuracy or completeness of this information, and nothing contained herein shall be relied upon as a promise or representation that past performance will be indicative of future performance. The information presented in this presentation may not be up to date and although images and concepts reflect good faith beliefs, expectations, estimates and/or projections of Prodigy Network, they are not guarantees and are subject to change. Prodigy Network undertakes no obligation to update any outdated information. The investments and/or services offered through Prodigy Network do not constitute “Crowdfunding” as described in Title III of the Jumpstart Our Business Startups Act (“JOBS Act”).Prodigy Network: Democratizing Real Estate Design and Financing
Karim R. Lakhani Katja Hutter Greta Friar
that were privy to large investors before; in emerging markets, crowdfunding enables projects that were not possible in the traditional equity fjnancing model. Crowdfunding will disrupt the status quo of traditional equity investment in real estate”
projects in Manhattan. Niño followed institutional guidelines to select promising properties.
very stringent rules. I only focus on institutional assets in the best locations, and that helps me mitigate a lot of the risks, because these guys are experts at choosing projects that generate predictable cash flow.”
estate assets in metropolitan areas in the U.S." Rev: Jan 20, 2015
Nota: El caso original de Harvard está en inglés, por eso el idioma de esta lámina es este.
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