ProHatch, the alternative capital formation and advisory services platform, has added regulated securities issues to the platform, expanding their online marketplace to Accredited Investors and Issuers focused on financial investing in growth oriented businesses, real estate as well as nonprofit programs.
“We are differentiating ourselves in the burgeoning market of crowdfunding by offering a platform where contribution crowdfunding and regulated crowdfinance can work side by side,” says Elizabeth Smith Kulik, Senior Managing Partner. “Through the introduction of regulated issues on ProHatch, Sponsors and Accredited Investors can now come together to pool their interests and collectively participate in ProHatch’s marketplace of high yield single asset, portfolio and institutional quality real estate.”
On the regulated side, one of ProHatch’s featured Sponsors is GRJ, LLC. This Manhattan-based owner/developer/operator acquires and repositions underperforming multi-family and mixed-use assets. GRJ currently owns and operates an apartment portfolio consisting of over 505 apartments and 422,000 square feet of real estate in Manhattan, Brooklyn, Philadelphia, PA & Englishtown, NJ. GRJ recently purchased a JV interest in three multi-family assets in Pennsylvania & New Jersey. The acquisition is comprised of 380 residential units located in Philadelphia, PA, Fairless Hills, PA, & Englishtown, NJ. The portfolio is currently 94% occupied with stable performance. The business plan for the portfolio includes a coordinated program of rent increases, operating expense optimization, capital improvements, amenities and the introduction of professional property management services. Such opportunities are offered only to Accredited Investors who have evaluated the risks and merits of the offerings.
Additionally, one of the 501(c)3 donation-based campaigns featured on ProHatch is a raise currently taking place for Herzog Hospital in Israel to fulfill a major respiratory care and research program initiative. Herzog Hospital is Israel’s foremost center for geriatric, respiratory, mental health and psychotrauma care, treatment, research and does some of the world's most exciting work in these fields. With 330 beds, it is the third largest hospital in Jerusalem. Due to the dramatic growth of Herzog Hospital, a new wing is being constructed to add 270 much needed beds.
ProHatch turns the tables to bridge the traditional gap between giving and investing. They recognise that the real difference between the two is how stakeholders value their soft and hard returns when they decide to deploy investment and giving dollars.
