Casa Shares, a company based in Rexburg, Idaho, specializing in a SEC qualified real estate investing platform, recently completed a successful round of Pre-Seed funding, raising $1.5M at a valuation of $10M. This funding round was led by a consortium of private investors.
The primary objective behind this funding infusion is to fuel the expansion of Casa Shares’ operational capacity and further bolster its development endeavors.
Founded by Mirza Beg and McKay Francis, Casa Shares aims to streamline the intricacies associated with real estate investment, providing users with the opportunity to acquire shares in high-value income properties within a matter of minutes. In addition to facilitating investment transactions, Casa Shares undertakes property management responsibilities, allowing investors to accrue passive income and capitalize on property appreciation, while concurrently addressing common challenges encountered in real estate investment ventures.
Thus far, Casa Shares has successfully launched its inaugural offering, The Lorene, an upscale condominium located in Rexburg, Idaho—a town renowned for being home to Brigham Young University – Idaho. Looking ahead, the company is committed to diversifying its property portfolio by incorporating a range of properties across various locations. Additionally, Casa Shares is actively developing an iOS application to enhance the overall investment experience for its users.
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By Proptechbuzz
By Ravi Kumar