BuildingBITs, a proprietary online real estate investment platform that enables non-accredited investors to purchase shares, known as “BITs,” in companies that own commercial buildings, launched today.
BuildingBITs is the first company to have received the Securities and Exchange Commission’s qualification under Regulation A+ for individual properties to be available to non-accredited investors.
“Up until recently federal regulations prohibited smaller, everyday investors from access to large-scale commercial real estate projects, which left them few options to grow their wealth and widened the income gap,” BuildingBITs founder Alexander Aginsky said. “New regulations in 2015 helped create a whole new playbook for nonaccredited investors, and that’s where BuildingBITs comes in.”
For an investment as small as $1,000, an individual can buy a “BIT.” There is no limit to individual investment prior to a building’s full funding.
Using a proprietary online marketplace, BuildingBITs empowers all investors to access a new class of investments designed to complement any portfolio type. BuildingBITs’ strategy emphasizes new construction, quality tenants, long-term leases, reduced fees, with conservative returns.
BuildingBITs offers a simple investment process:
STEP 1: Investors browse buildings that appeal to them;
STEP 2: Investors buy as many BITs as they want;
STEP 3: Once the building is fully funded, recurring income and potential for appreciation kicks in;
STEP 4: Investors can diversify their real estate portfolio by buying different BITs.
“We are democratizing real estate investment with complete transparency,” Aginsky said. “Traditional REITs are handled by investment managers at their discretion or whim. We allow investors to pick their own properties and invest as much as they want.”
Current buildings are located in Pennsylvania, South Carolina, Oregon, and Minnesota. The company is in aggressive expansion mode and plans to grow its portfolio throughout North America and abroad.
Headquartered in Portland, Oregon, BuildingBITs' mission is to provide equal access to opportunities in commercial real estate for all investors, accredited and non-accredited, institutional and individual, foreign and domestic. The company’s objective is to become a leading global real estate platform, geared to individual non-accredited investors. Visit BuildingBits.com or email firstname.lastname@example.org.