Jointer can tokenize an unlimited number of properties at once while giving everyone access to the commercial real estate market by generating profits from purchasing and selling property performance. WeWork gives access to premier office spaces while generating profits from the spread between master leases and subleases.
Jointer has raised $2.5 million and won an award for the best startup in the world from Jay Patel’s Edge196 competition which crowned them champion amongst 4,000 startups across 196 countries. They have put those funds towards development, creating a platform powerful enough to support a $1.5 billion offer on the Chrysler building.
The technology directly addresses the restrictive access currently surrounding real estate tokenization. Currently, only investors that can afford $500,000 minimums and are accredited investors can participate in the lucrative tokenization opportunities produced by real estate assets.
Current high minimums are a result of regulations and how current companies structure utilizing blockchain to tokenize real estate assets. Regulations limit the number of investors that can participate, therefore, token prices are high and unattainable to main street investors, only Wall Street.
In comparison, Jointer tokens will be available to all investors, not just accredited investors, opening main street investors to commercial real estate opportunities. By working with regulations to become a public company, Jointer tokens will be $1. This means for the first time ever, any type of investor will be able to own lucrative commercial real estate assets for as little as $1.
By reducing minimums, providing access to main street investors, and removing investor limitations, Jointer is improving access to tokenized assets through issuing debt tokens. These debt tokens allow Jointer to instantly provide owners cash in return for tokenizing free equity in their property.
Jointer’s process is simple and scalable:
- Jointer identifies lucrative properties using an AI and deep underwriting approval process conducted by CCIM underwriters
- Jointer purchases some of the free equity from those properties but keeps the current sponsor in place
- At the same time, Jointer issues digital debt notes (via security tokens) to borrow funds from lenders
- Lenders receive cross-collateral from all the income streams of all the properties (including the equities themselves) and Jointer as a company
Jointer (JNTR) tokens are venture debt tokens backed by cross collateral which generate an interest rate pegged to national commercial real estate market performance. This means investors receive cross collateral in the form of company shares, tokenized property equity, and the income reserves of those properties.
Compared to current solutions, Jointer provides investors better returns, instant investment, and less risk. Further, Jointer business model and ability to scale mirrors how WeWork was able to become a billion dollar company, quickly.
Jointer’s team includes the Former Chair of the SEC, Found of Visa, Father of the JOBS Act and Vice Chairman of the Nasdaq, Nobel Prize Winners, and the former CFO of Yahoo. You can learn more about the future of commercial real estate investing at jointer.io