Neighborhood Ventures plans retail development acquisition

By Corina Vanek | Phoenix Business Journal

Neighborhood Ventures, a Phoenix-based crowdfunding platform for real estate, is raising funds to purchase the firm’s first retail property, a multitenant site in Tempe near Mill Avenue and Broadway Road.

The group is aiming to raise $1 million and has so far raised $828,000 from 137 investors. The minimum investment an investor can make is $1,000.

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