Equity Apple

Unfortunately this project hasn't been funded on time!

We intend to qualify as a qualified opportunity fund, though there is no guarantee that we will so qualify or that any investor would be able to realize any particular tax results by making an investment in us. Our ability to be treated as a qualified opportunity fund is subject to considerable uncertainty.

The qualified opportunity zone rules were recently enacted, and there are no implementing regulations and only limited Internal Revenue Service guidance has been provided.

It is possible that we may fail to meet the requirements to be treated as a qualified opportunity fund, and there can be no guarantee that any investor will realize any tax advantages of investing in a qualified opportunity fund as a result of an investment in us.

 

Equity Apple, Inc is a recently organized Delaware corporation formed to originate, invest in and manage a diversified portfolio of commercial real estate properties, joint venture equity investments, and other real-estate related assets that are compelling from a risk-return perspective, particularly with a focus on multifamily rental units and office buildings located in “qualified opportunity zones” (“Opportunity Zones”), as designated by the 2017 H.R. 1, known as the Tax Cuts and Jobs Act (the “TCJA”).

Equity Apple, Inc. owns and operates an online investment platform www.EquityApple.com (the “Equity Apple Platform”) that allows investors to become equity or debt holders in real estate opportunities that may have been historically difficult to access for some investors. Through the use of the Equity Apple Platform, investors can browse and screen real estate investments, view details of an investment and sign legal documents online.

Equity Apple, Inc., has elected for the Fund to be treated as a C corporation but expects to elect for the Fund to be treated as a real estate investment trust, or REIT. We are not required to make a REIT election, however, and we may select an alternative tax classification if, for example, we determine that another classification may be more appropriate in order to comply with future Opportunity Fund guidance. Except as otherwise explicitly noted below, the discussion in this private placement memorandum (“PPM”) assumes that we will make a REIT election. You should review the discussion of “U.S. Federal Income Tax Considerations” below regarding our tax classification and certain other tax considerations relating to an investment in the Fund.

 

We are currently offering up to $10,000,000 in our common units, which represent as common units

interests in the corporation, only to “accredited investors” at $10.00 per unit in a private placement pursuant to Section 506(c) of Regulation D promulgated under the Securities Act of 1933, as amended (the “Securities Act”). We may increase the offering size at any time if we so elect. The minimum investment in our common units for initial purchases is 500 units, or $5,000 based on the $10.00 per unit price. However, in certain instances, we may revise the minimum purchase requirements in the future or elect to waive the minimum purchase requirement. The per unit purchase price for our common units in this offering is an amount that was arbitrarily determined by our Operating Agreement and will apply for the duration of the offering subject to change at the discretion of our executives as described below. Although we do not intend to list our common units for trading on a stock exchange or other trading market, we intend to adopt a redemption plan designed to provide our unitholders with limited liquidity on an ongoing basis for their investment in our units. However, due to the operational requirements to qualify as an “opportunity fund”, it is highly likely that the redemption plan will be limited in its availability. Accordingly, investors should not rely on such redemption plan being readily available in the future and should be prepared to hold their units for an indefinite period of time.

Vedran Kováts
$57,284 - RULE 506(C) OF REGULATION D
No new updates

$57,284
raised of $10,000,000

This project will only be funded if at least $10,000,000 is raised by September 30, 2020
Project sponsor
Equity Apple

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  • RULE 506(C) OF REGULATION D

    Under Rule 506(c), a company can broadly solicit and generally advertise the offering and still be deemed to be in compliance with the exemption’s requirements if: The investors in the offering are all accredited investors; and The company takes reasonable steps to verify that the investors are accredited investors, which could include reviewing documentation, such as W-2s, tax returns, bank and brokerage statements, credit reports and the like. Purchasers of securities offered pursuant to Rule 506 receive "restricted" securities, meaning that the securities cannot be sold for at least six months or a year without registering them.

  • OFFERING SUMMARY

    Filing Type:Reg D - 506C Price Per Share:$10 Min. Investment Amt: $5000 Funding Goal:$10mm

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