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Parvis Launches the Parvis Direct Access Fund to Broaden Real Estate Investment Opportunities
Targeting $60 Million, the Fund Provides Investors Diversified Access to High-Growth Canadian Mar...
About this update from Parvis Invest Inc
[{"type":"text","content":"Parvis Launches the Parvis Direct Access Fund to Broaden Real Estate Investment OpportunitiesTargeting $60 Million, the Fund Provides Investors Diversified Access to High-Growth Canadian MarketsVancouver, British Columbia--(Newsfile Corp. - January 21, 2025) - Parvis Invest Inc. (TSXV: PVIS) (\"Parvis\" or \"the Company''), a technology-driven private investment platform dedicated to democratizing access to institutional-quality private investments, announces the launch of the Parvis Direct Access Fund (PDAF). Targeting a $60 million fundraise, this innovative vehicle provides investors with diversified exposure to institutional-grade real estate opportunities, breaking down traditional barriers to entry.Historically, access to private real estate investing has been limited to institutional players or high-net-worth individuals with significant capital. The Parvis Direct Access Fund disrupts this model by enabling eligible and accredited investors to access top-performing real estate projects led by marquee developers. With a portfolio spanning multifamily housing, mixed-use developments, and hospitality the fund allows investors to benefit from long-term growth potential while enjoying the strategic diversification-an approach traditionally reserved for institutional investors.\"Real estate is a cornerstone of wealth creation, yet the best opportunities have often been out of reach for most Canadians,\" said David Michaud, CEO of Parvis. \"The Parvis Direct Access Fund is designed to change that. By delivering institutional-grade opportunities through a streamlined and inclusive structure, we're giving more investors the ability to build diversified portfolios and access the potential of Canada's real estate market.\" The PDAF follows a clear and strategic allocation plan, targeting value-add opportunities in high-demand markets. The fund targets 60% Multi-family, 20% Hospitality, 15% Mixed Use, and 5% Industrial projects, ensuring exposure to diverse real estate sectors that align with market trends and investor demand. Geographically, the fund is concentrated in Canada's high-growth regions, with 40% in Ontario, 20% in British Columbia, 20% in Quebec, and 10% in other provinces, reflecting a balanced approach to maximizing growth potential while mitigating risk.Reimagining Real Estate Investing for Modern InvestorsParvis brin...