Medipower is considering a $ 11 million investment in an American real estate company

Medipower is considering a $ 11 million investment in an American real estate company
Medipower is considering a $ 11 million investment in an American real estate company

The income-producing real estate company


Medipower
+1.39%



Base:605.6

opening:605.6

Tall:614

low:613.4

change:46,048
Page Quote News Graphs Company Profile Recommendations

More articles on the subject:

Negotiates an investment of about $ 6 million (at a value of about $ 150 million after the money) in an American technology company that gives short-term loans (18 months) backed by a first mortgage, to developers and contractors in the field of residential real estate in the US, in a model Crowdfunding.

According to the company, 110,000 investors are listed in the databases of the American technology company, who can split their investment over a number of loans to reduce the risk.

At the same time, Medipower is considering the establishment of an investment fund of at least $ 30 million (with Medipower’s share in the fund at least $ 5 million) which will provide real estate-backed loans as part of the technology company’s platform.

If you want to specialize in the capital market and have a big head and motivation, you can suit us.

The job can be part-time; Flexibility in working hours; Work from home too

Priority (optional) for writing experience and basic knowledge of the capital market.

Leave details and we will get back to you

Thank you for leaving details, we will try to get back to you soon

In its reports for the second quarter of the year, MedPower reported a 2.3% decline in NOI in the second quarter to $ 4.2 million and a 1.1% decline in identical assets compared to the same quarter last year. The FFO fell by a higher rate of about 13% and amounted to $ 1.65 million compared to 1.9 million a year earlier.

Profit for the period attributable to shareholders fell from $ 685,000 in the second quarter of 2020 to $ 483,000 now. Equity at the end of the period was $ 89.3 million compared to $ 73.8 million at the end of the same period.

Comments on the article(0):

Your response has been received and will be published subject to system policies.
Thanks.

For a new response

Your response was not sent due to a communication problem, please try again.

Return to comment

Source

Medipower million investment American real estate company

 
For Latest Updates Follow us on Google News
 

PREV He wanted to expel snakes.. He turned his luxurious house into a heap of ashes
NEXT Watch: 110: 112 Dramatic for Brooklyn over the Knicks