Property Coin (PCX) is the first security token backed by a professionally managed portfolio of fix and flip real estate and loans. PCX is managed by Aperture, a California-based real estate technology and investment company. 100% of profits from investing in real estate assets will be reinvested, buying additional real estate assets for tokenholders, which should increase the market value of PCX.
Property Coin merges traditional securitization technology into the coin format, and is being created in conjunction with one of the most respected law firms in structured finance.
They have been beta testing our systems and methods since 2016, making real world property investments with our own capital. This testing has resulted in the rejection of approximately 99.8% of available investment opportunities and we select only 0.2% of opportunities viewed. To date we have produced over 50% unlevered IRRs on our investments.
Property Coin is your exclusive key to participate in a token backed by a diversified and professionally managed portfolio of real estate and loans uncovered using Aperture’s proprietary technology platform.
Property Coin is managed by Aperture, a California-based real estate technology and investment company that seeks to innovate the way technology is used in the acquisition, rehabilitation and disposition of residential real estate. They have systematized the process of acquiring, repairing and re-selling properties with over 50% unlevered IRRs produced to date.
Aperture operates in two primary business areas:
the trading of residential properties (“flips”)
providing loans to other property investors (“investor loans”)
Their business revitalizes neighborhoods, creates jobs and improves communities, all while making money.
Their team estimates that during their careers they have been involved in the closing of over $150B of real estate financing transactions, the flipping of over 3,000 properties, the origination of over $10B of mortgage loans and they have created proprietary technology systems for some of the largest investment banks in the world.
They have invested our own money and spent more than a year designing, developing and implementing a sophisticated, data driven and proprietary technology platform that identifies potential assets for acquisition.
Aperture will invest 100% of the net proceeds from the Property Coin ICO in real estate and loans owned through the Property Coin purchasing entity (PCX, LLC and affiliates).
Each coin holder will own a fractional percentage of all assets owned by Property Coin. Coin holders will also be entitled to 50% of the net profits from these property and loan investments. Aperture will re-invest those profits in new real estate related investments, with the intent of creating a natural price appreciation effect for coin holders.
Their system identifies, analyzes and scores an estimated 1,000 properties per day (on average), looking for attractive investment properties. At this volume, we see far more opportunities than we currently have capital to invest.
While we could put $100 million of capital to work very quickly, we seek to raise $50+ million via our ICO, with plans to raise more as we grow our platform.
The proceeds from the sale of Property Coin will enable us to expand our existing business and in return, we will reinvest retained profits, as well as provide transparency and a high quality coin project to our investors.
|“||January 2018: Property Coin pre-sale begins.
February 2018: Continue ICO marketing. Aperture team to host regular Q&A and marketing outreach.
March 2018: Begin purchase of properties and the underwriting of loans using net proceeds from pre-sale.
April 2018: Conclusion of the ICO. Hire additional staff. Growth acceleration with net proceeds from ICO.
Quarter 2, 2018: Begin liquidations of first properties acquired with pre-sale and ICO proceeds. Reinvestment of retained profits into new properties and loans.
Quarter 3, 2018: Assess market demand for second coin offering to continue growth.
Quarter 4, 2018: Continue growth and the reinvestment of proceeds from property and loan liquidations.
|Rudy Cortes||Head of Flips Operations||https://www.linkedin.com/in/rudy-cortes-803b775/||Team||4.3|
|Dan Goldman||Head of Loan Operations||https://www.linkedin.com/in/dan-goldman-5679b86/||Team||6.3|
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