QuickLiquidity has announced it’s desire to provide liquidity for investors in real estate crowdfunding assets that are seeking an exit. QuickLiquidity Principle / Chief Marketing Officer, A Yoni Miller explained in a company release;
“Real estate crowdfunding investments are like marriages. While the couple is walking down the aisle, they are deeply in love. But over time, diversion of interests can occur and the marriage can turn sour, leaving one individual wishing to end the marriage. Real estate crowdfunding investments are not immune from diversions of interests between investors and that’s where QuickLiquidity offers to provide a reliable exit strategy to those wishing to divorce their real estate crowdfunding investments.”
The company is said to target stabilized and cash flowing crowdfunding investments with office, multifamily, retail, warehouse, industrial, hospitality, mixed-use, single-tenant, and credit tenant properties. QuickLiquidity states it has no minimum or maximum acquisition amount. And the entities QuickLiquidity acquires positions in are Limited Liability Company (LLC), Limited Partnership (LP), Tenant-In-Common (TIC), and Delaware Statutory Trust (DST). Their evaluation process will typically take 2 to 3 days to evaluate the asset and, perhaps, forward a written offer.
An article in Times Realty News from earlier thisyear, stated that QuickLiquidity was determined to expand its purchases of minority interest positions in HUD Section 8 affordable housing projects such as apartment buildings, senior housing and assisted living facilities across the country, mainly focusing on properties in California, New York, Ohio, Texas, Georgia, Pennsylvania and Florida.