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The Creek at Burgaw; Reg D Funding
Burgaw, North Carolina: The Creek at Burgaw announces Regulation D Rule 506© funding of $5 million. This round of funding is backed by SLICE2 units.
By: Folla Capital
"The Creek at Burgaw is a great example of the innovation that's occurring with funding real estate projects as a result of the JOBS Act of 2012. Today, more and more people can make investments like this one and, in doing so, support deserving entrepreneurs who otherwise would not have access to the funding they need to scale their businesses."
"Communities tend to stick together. There are different kinds of communities too. One is geographic, and the other is demographic. People in both kinds of communities tend to support each other. The Creek at Burgaw project is a good example of how both types of communities can support an innovative commercial real estate project by directly investing in it." Says John Panaccione, CTO and Managing Principal at Folla Capital.
"Our vision of The Creek at Burgaw is to create a family-oriented atmosphere for locals, regional, and tourists from all over to have a home-cooked meal like Grandma used to make. A place where you feel the love like you just had a meal at Grandma's table." Myra F. McDuffie, owner at The Creek at Burgaw.
The Creek at Burgaw will provide shopping and dining for visitors, including MeMa's Chick'n' & Ribs Restaurant, a manufacturing facility for their BBQ sauces and rubs, , and a retail store. Retail out parcel lease spaces will also be available.
The Creek at Burgaw is a veteran-owned and minority-owned business.
SLICE2 stands for Secured Loan Investment in my Community's Entrepreneurs and Endeavors. This type of investment allows individual investors to invest in commercial real estate without the larger investment of owning the entire property. Instead, the individual investor owns a slice of the property.
For more information on The Creek at Burgaw or SLICE2 investing, contact:
CTO, Managing Principal, Folla Capital