AZBigMedia
On the heels of its first successfully funded project, Arizona-based real estate crowdfunding company Neighborhood Ventures has announced its second investment opportunity. Thanks to new laws that have opened up commercial real estate investment to non- accredited investors, Arizona residents can now invest a minimum of $1,000 in projects once available to only the wealthy.
Neighborhood Ventures is the first Arizona company to offer commercial real estate investment opportunities to non-accredited investors. The company’s new project, Venture on Marlette, is a 12-unit apartment complex with two and three-bedroom units located at 813 E Marlette in the popular Midtown Phoenix neighborhood in North Central Phoenix, on Marlette Avenue, west of 7th Street.