GATES FUNDING, a real estate investment crowdfunding service operated by GATES Inc. (Head office: Shinjuku-ku, Tokyo; Representative Director: Takeshi Sekino), will begin accepting applications for a new project, “GATES FUNDING No. 9,” on February 9, 2024 (Friday) at 10:00. The project will be launched on February 9, 2024 (Fri.) at 10:00.
Outline of the project
The 9th project will be a resort condominium in Izu Akazawa.
The project is to acquire the property, which is currently vacant, renovate it, resell it, and use the profits as the source of dividends.

Property Name： Excel Villa Izu Akazawa Room 213
Location: 184-1, Akazawa, Ito City, Shizuoka Prefecture
Total investment amount: 5,000,000 yen
Preferred equity (subscription amount): 4,500,000 yen
Projected yield: 8.0% (annual interest, before tax)
Scheduled investment period: 184 days from February 29, 2024 to August 30, 2024
(If the subject property is sold early, the investment will be terminated on the date of sale.)

Click here for membership registration and application
https://gates-funding.jp/

Point
With the spread of telework and remote work due to the coronavirus epidemic, resort condominiums are attracting attention.
The facilities are equipped with a large bath, sauna, and athletic room, and the extremely quiet living environment surrounded by nature is truly suitable for workcations, where “vacation” and “work” can coexist.
The property can be used not only as a residential condominium, but also as a vacation home or second home.

Fund Structure
We will establish a silent partnership, and investors will enter into a silent partnership agreement with us and make an investment.
Investors become preferred investors, and profits from the sale of real estate will be distributed preferentially until the expected dividend yield is reached.
Credit Enhancement
The project will be financed by a subordinated investment of 10% or more by the operator,
The project is credit enhanced so that losses within the amount of the subordinated investment will not affect the principal amount invested by the preferred investors.

Total amount of fund incorporation
5,000,000 yen

Preferred capital contribution amount (subscription amount)
4,500,000 yen

Subordinated investment
500,000 yen