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Skywide Real Estate - Class D
Philadelphia, Pennsylvania
Real Estate
$32,400
of target $30,000 - $90,000
108% funded
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Offering Highlights:
- Investment opportunity in a Property in Philadelphia
- Buy-Renovation-Sale
- Expected Return: at 12.09% in 8-11 months
About Skywide Real Estate International
Skywide Real Estate International, LLC is a Pennsylvania-based real estate investment and development company to explore real estate investment opportunities in the Pennsylvania region. Skywide’s principal activities encompass property development, investment, serviced suite operation, property and project management. In the long run, we aim to acquire a portfolio of diversified properties, which includes properties strategically located in newly urbanized areas and suburban areas of large cities, and the center of medium-sized cities in Pennsylvania and other states of America.
Properties Summary In this offering we are going to acquire a property in McKean St Philadelphia, PA
* The above figures are estimates only, which are not based on actual investment results and are not guaranteed of future results. The above information provided is a summary only. Please review the full offering documents (Form C) for a full description of the offering, valuations and risk factors.
Property Location
Reason to Invest
In the past, investors often had to buy properties directly if they wanted to invest in real estate. However, direct investment in real estate investment not only needs a larger amount of capital, but also needs to involve in daily property management affairs which could be cumbersome. The investment threshold for this real estate crowdfunding project is relatively low and is managed by a professional team. The profit of this project is from the acquisition, renovation and reselling of a property located at McKean St Philadelphia, PA. Upon sale, 100% of the profit will be distributed to shareholders.
- This offering opens up to investor a chance to invest in a property-redevelopment project
- Reconstruct, renovate and re-sell in 8-11 months
- Expected return in 8-11 months is 12.09%
Business Strategies
Skywide Real Estate is steadfast in its aim to maximize shareholders’ value through the long-term sustainable growth of its property business as its core operations, we will implement the following business strategies to exploit its potential and create new growth:
- Focus on the core markets: Skywide Real Estate will continue to focus on its core markets and seek to further solidify its business continuity in Pennsylvania and USA real estate markets, taking into account the operating conditions and tailoring the schedules of business development accordingly.
- Enhance recurring income from investment properties: Skywide Real Estate will evaluate and strategically adjust its mix of properties for sale and investment from time to time. It will continue to expand and enhance its existing investment property portfolio to complement the cash flow from sales of properties, while optimizing its tenant base to improve recurring income and capture the long-term capital appreciation potential of its properties.
- Maintain a disciplined financial policy: We will seek to maintain strong liquidity to capitalize on acquisition and investment opportunities as they arise through adhering to a disciplined financial management policy of maintaining a healthy debt ratio. Skywide will exercise financial prudence in its capital commitments and deploy its capital resources efficiently to position itself for future growth.
*Assume $36,000 is raised
The Philadelphia Real Estate Market Landscape
Philadelphia has been one of the top choices for investing in real estate and rental properties. Philadelphia is the fifth most populous city in the US, and its vibrant economy focused primarily on IT, services, and education makes millennials consider it a great place to jump-start their career. Philadelphia house prices grew 39% in the past 5 years (2015 - 2020) and without any major corrections.
Source: zillow.com
The Philadelphia House Prices Outperform U.S. Average Philadelphia house prices outperform U.S. nationwide average house prices. From 2000 to 2020, Philadelphia investment property has appreciated a total of 157% while U.S. National home prices grew 112%.
Source: Drexel University, Lindy Institute for Urban Innovation
Period |
Philadelphia |
USA |
5-Year |
39% |
27% |
10-Year |
157% |
50% |
20-Year |
157% |
112% |
Source: Federal Reserve Bank of St. Louis
Track Record
2019 Before the organization of Skywide Real Estate International, our team have acquired and develop a real estate project located at 431 Mifflin St, Philadelphia, PA.
Property Price |
$180,000 |
Renovation & Construction |
$90,000 |
Other Costs |
$30,000 |
Total Cost |
$300,000 |
|
|
Price Sold after 9 months |
$362,500 |
Net Profit |
$62,500 |
Rate of Return |
20.83% |
Before Renovation:
After Renovation:
2020 We successfully raised $57,000 in our offering our Class B Units and we are in the process of acquiring a real estate project in Philadelphia, PA. We expect our first dividend will be paid in the first quarter of 2021 with a expected yearly yield of 10%. Investors' participation highlights their confidence in US Real Estates and sets the benchmark for the investor community in real estates crowdfunding.
Outlook
The US residential property market continued to consolidate as a result of coronavirus. Buyer’s sentiment and property activities are expected to improve following the reopening of the economy and on hopes for the development of vaccines against coronavirus. We place a major focus on the property business which accounts for a large proportion of our operations, and consider New Jersey and Pennsylvania as our key markets. Skywide strives to expand by seizing suitable business opportunities with good potential, capitalizing our experience in different business areas including investment, operation, finance and risk management. Investments are made in the interests of our shareholders as a whole who will ultimately benefit from the profit gained from our investments by way of dividend distribution. Given the rapidly changing economic landscape, which is filled with uncertainties, we will be mindful of evolving trends in economic developments and will continue to manage our businesses with prudence.
MEET OUR TEAM
Tianyuan Gu (Tim) - Chairman
Tianyuan Gu was born in China, and moved to the US when he was 15 years old. He has been an entrepreneur since starting his own copywriting company at the age of 18. Tim successfully sold the company during his 2nd year of college at the age of 20. During his third year, he founded his own digital marketing company, OP Commerce which as of today, still continues to generate 6 figure yearly income. At age 22, Tim dropped out of college, and founded Education Insider, an educational consulting company targeted at Chinese international students looking to study in the U.S. Over the years, Education Insider has grown a client base in Washington, California, Pennsylvania, New York and Arizona; during which he began working with Jenkins in the Los Angeles area, hiring Jenkins to be his Branding officer. Today, Tim is the Co-Founder and CEO of another real estate company of property trading, development and property management. Tim has continued on to expand his own business experiences to now managing over a million dollar’s worth of transactions during the past year in real estate. Tim enjoys creating large projects and bringing them to the market. He is always excited about building various product and service lines, conditioning them to meet market demands, promoting the product or service through a variety of platforms, and making needed adjustments for them to evolve within the market.
Jenna Anderson - CEO
Before starting Skywide Real Estate International, Jenna Anderson was a Leasing Specialist Team Lead for Post Brothers Apartments, representing multiple apartment communities throughout Philadelphia, PA including Presidential City (during a lease up), Rittenhouse Hill, Delmar Morris, Hamilton Court (student housing), the Piazza Apartments, Garden Court Apartments, Goldtex Apartments and the Duchess Apartments (North Jersey). Post Brothers is one of the most inspirational companies to call family. Post Brothers Apartments is Philadelphia’s most active vertically integrated ownership, management, and real estate development firm, offering contemporary luxury residences throughout the metropolitan area. With modern loft spaces and high-rise apartments available in scenic Center City, historic Germantown, and Philadelphia’s most desirable neighborhoods. During her time at the company, Jenna led the leasing team in breaking records in leasing metrics for the company while outleasing the competition as she understands that leasing is the number one income generator for investors. At the same time, Jenna accumulated valuable experience in lease management strategy. Jenna graduated from Temple University School of Tourism and Hospitality Management.
Advisors
Mathu Davis - Structural Engineering, Design & Project Management
Son of a carpenter, Mathu Davis upscaled the family business by acquiring a Master of Structural Engineering degree through his studies at the prestigious Howard University in Washington, D.C. and Lehigh University in Bethlehem, PA. After graduation, Mathu began to acquire design and project management experience while working for an industry leading structural engineering firm focusing on privately funded projects in the Greater Philadelphia area and afar. His diverse portfolio of completed projects ranges from 1000 SF to 280,000 SF in size, and serves many uses such as mixed-use, residential, senior living, commercial office, healthcare, higher education, entertainment, storage, and warehouse. The structures feature building system types such as conventional lumber, mass timber, modular building construction, composite steel structures and podiums, one & two-way flat plate podiums, and more. His restoration and rehabilitation of existing structure experiences gives him the necessary background to approach revitalization efforts with a critical understanding of structural behavior. Mr. Davis is now a licensed professional engineer and is well informed of code requirements & amendments in various jurisdictions across the country. Some of the designed projects completed to date are in different markets and states like PA, NY, NJ, TX, CO, MD, and FL to name a few. Some local highlighted projects are the View at Old City apartments and The Link apartments in Philadelphia, PA with some other projects currently under construction.
Note:
The information provided is a summary only. Please review the full offering documents (Form C) for a full description of the company and offering.
You can cancel an investment commitment until 48 hours prior to the offering deadline. | | | |