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Abode Stays, Inc. has launched its first fractional ownership NFT associated with the Infinity View Villas project in the Dominican Republic. The pre-launch occurred on September 15, 2022, with a full launch slated for November 22, 2022. Each NFT offers fractional ownership, enabling investors to benefit from rental income and property appreciation. The Dominican Republic is emerging as a popular vacation destination, attracting over 3.5 million tourists in 2022, which supports the appeal of this investment. Abode aims for a target internal rate of return of 21%.
Metrospaces (OTC: MSPC) announced a shareholder update from CEO Oscar Brito, addressing its performance amid challenging economic conditions. The company successfully closed on new properties, signed letters of intent for further acquisitions, and progressed with its MetroHouse service. Key achievements include acquiring six properties in Indianapolis, advancing the MetroHouse app, and planning future features. Notably, the company will launch its first luxury vacation properties in the Dominican Republic by Fall 2022 and plans to file audited financials shortly, enhancing transparency.
Metrospaces, Inc. (OTC Pink: MSPC) has announced the acquisition of a construction lot in Philadelphia, intending to build a three-story townhouse by Fall 2022. The company is also entering an option to purchase another lot, with plans for similar construction. These properties will enhance the Metrohouse™ platform, focusing on co-living spaces targeted at students and digital nomads. CEO Oscar Brito highlighted millennials as a driving force in the housing market, with rental properties becoming a viable investment strategy amid rising rents. The company's innovative technology platform aims to improve property management.
MetroSpaces, Inc. (OTC Pink: MSPC) announced the acquisition of ten single-family homes in Indianapolis, expanding its real estate portfolio. This purchase complements two properties acquired in November 2021, aimed at developing co-living spaces with a focus on tenant experience. The company plans to launch 30 rental units in Q2 2022, with future expansions targeting a total of 120 to 150 units. The Metrohouse platform combines AI and blockchain technologies for enhanced property management, transparency, and security, aiming to reshape the real estate industry.
Metrospaces, Inc. (OTC Pink: MSPC) released a shareholder letter detailing Year End 2021 results and outlining its strategic growth roadmap. Key achievements include advancements in Metrohouse and Metrocrowd beta testing, near completion of luxury property construction in the Dominican Republic, and increased occupancy in Houston office properties. Financially, the company reported a 2,322% increase in assets to over $5.1 million and a net income of $8.9 million. Plans for SEC relisting are underway, with audits for 2021 starting April 15, 2022.
Metrospaces, Inc. (OTC PINK:MSPC) has officially launched the beta version of its MetroCrowd platform, which focuses on real estate tokenization. This innovative platform aims to democratize real estate investments by lowering entry barriers and enhancing operational efficiency through smart contracts. CEO Oscar Brito highlights the platform's potential to reshape the real estate market. With beta testing involving 200-300 users, feedback will be gathered to refine the platform. The offering statement filed with the SEC is currently unqualified, indicating no immediate investment opportunities.
Metrospaces, Inc. (OTC PINK:MSPC) issued a letter to shareholders detailing recent achievements and strategic developments. Key highlights include:
- Partnership with blockchain innovator Thomas Carter.
- Launch of the beta version of the co-living platform, MetroHouse.
- Progress on the MetroCrowd tokenization platform.
- Acquisition of properties in Indianapolis, Houston, and the Dominican Republic.
- Significant financial improvements, including an increase in assets to $4.8M in Q3 2021.
The company aims to enhance communication and transparency with shareholders.
Metrospaces, Inc. (OTC:MSPC) has appointed Thomas Carter to its Advisory Board. With over 25 years in entrepreneurship, Carter's experience spans new product innovation and corporate finance. He leads Deal Box, a blockchain-enabled funding platform. Carter expressed enthusiasm about the synergy between blockchain and real estate within Metrospaces' operations. CEO Oscar Brito noted Carter's expertise in blockchain and finance will greatly benefit the company.
Metrospaces is transitioning into the PropTech space, aiming to enhance shareholder growth.
Metrospaces, Inc. (OTC PINK: MSPC) has launched a beta version of its MetroHouse platform, designed to redefine the co-living model for digital nomads. CEO Oscar Brito expressed enthusiasm for the beta test, which utilizes mocked data to allow testers to experience the platform's functionality. MetroHouse offers a comprehensive living solution, including rent, furnishings, WiFi, utilities, and cleaning services. The closed beta will involve 200-300 users providing feedback to improve the platform prior to its official launch.
Metrospaces, Inc. (OTC PINK:MSPC) has acquired two renovated residential properties in Indianapolis to launch its co-living platform, MetroHouse. Each property features three bedrooms and two baths, soon to be furnished and equipped for six occupants. The Indianapolis market, noted for its growth and high leasing demand, aligns with Metrospaces' strategy for co-living solutions. MetroHouse aims to provide luxury, all-inclusive living for digital nomads, promoting community and convenience. The platform is currently in beta testing, targeting underserved rental neighborhoods.
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