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Parvis Announces The Launch of its Secondary Market For Real Estate
Parvis Announces The Launch of its Secondary Market For Real Estate Canada NewsWire ...
About this update from Parvis Invest Inc
[{"type":"text","content":"\n \n \n \n Parvis Announces The Launch of its Secondary Market For Real Estate\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n Bringing Investors Liquidity, Parvis Secondary Market Continues to Modernize Real\n \n Estate Investing\n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n July 5, 2023\n \n \n /CNW/ - Parvis Invest Inc. (TSXV: PVIS)  (\"Parvis'' or \"the Company''), a technology-driven real estate company focused on broadening access to institutional quality real estate investment opportunities, announces today the launch of its Secondary Market to Parvis investors.\n \n \n \n \n \n \n \n \n \n The creation of the Secondary Market brings unprecedented freedom to investors who hold private market real estate investments. They will now have the ability to trade their investment in a stock-like manner. Gone are the days of capital being tied up for five to 10 years. With Parvis Secondary Market, investors can now consider selling their positions within the first year of the initial investment. The Secondary Market provides the ability to buy and sell Parvis closed-end investments before maturation date, giving investors the ability to meet long term goals while having flexibility and reducing liquidity risk. Meanwhile, for issuers, the Parvis Secondary Market serves as an unparalleled tool to attract more capital by mitigating liquidity risk.\n \n \n \"Real estate has historically been a high-performing asset to invest in, however a significant barrier for investors has been the lack of liquidity in the space,\" Parvis CEO and Founder\n \n David Michaud\n \n said  \"The Parvis Secondary Market gives people more flexibility to buy and sell their position when the need arises. This is an important part of our business, enabling our platform to go beyond bringing access and control to investors by also making investing in our assets as easy and approachable as buying and selling stocks.\"\n \n \n Accredited and eligible investors will be able to transact in the Parvis Secondary Marke...