REXBURG,
Idaho, April 23, 2024 /PRNewswire/ -- Casa
Shares, an SEC qualified real estate investing platform making
real estate available to everyone starting at just $100, has raised $1.5
million in funding at a $10
million valuation.
Casa Shares unlocks access for everyone to
invest in real estate properties.
Founded by former Oracle employee Mirza Beg and real
estate developer McKay Francis, Casa
Shares simplifies the investment process, enabling users to acquire
shares in prime income properties within minutes. Beyond providing
a platform, Casa Shares takes the helm in managing properties,
offering investors the chance to earn passive income and benefit
from property appreciation, all while sidestepping the typical
hurdles of real estate investment.
Casa Shares debuts amid a booming market—projected to surge from
$10.7 billion in 2024 to $300.7 billion by 2032, with a staggering
44.9% CAGR (DataHorizzon Research)—this rapid expansion is
propelled by a societal shift towards convenience, diversified
assets, and location freedom.
Mirza Beg, CEO and co-founder, highlights a significant problem:
the exclusion of younger generations from real estate
wealth-building due to skyrocketing property prices. Casa Shares
aims to dismantle these barriers, offering an inclusive investment
experience that is both accessible and engaging for all.
The quest for stable, inflation-resistant investment options has
become more pronounced in the face of recent fluctuations in
the crypto and equity markets. Real estate stands out
as a coveted alternative, yet high entry costs remain a significant
deterrent for many, especially first-time investors.
Casa Shares is dedicated to democratizing real estate
investment, making it feasible for millions without the requisite
funds, time, or knowledge to venture into property investment
independently.
To date, Casa Shares has released their first
offering, The Lorene, a premium condominium in
Rexburg, Idaho—a fast growing
college town and home to Brigham Young
University - Idaho. Looking ahead, the company is set to
broaden its portfolio with diverse properties and locations and is
also developing an iOS app to refine the investment experience.
The round was raised by a group of private investors with a
shared vision for ensuring an inclusive real estate investing
ecosystem exists for future generations.
Contact: press@casashares.com
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SOURCE Casa Shares