NEW YORK--(BUSINESS WIRE)--Hello Living LLC (“Hello Living”), a full-service real estate development firm based in Brooklyn, announced today the launch and establishment of Hello Living’s investment platform, “Hello Vision”. The Hello Vision investment platform will provide financing for ground-up and renovation development projects, currently located in New York City, and will strategically invest in several real estate asset types, including multi-family, mixed use, medical and office.
“Hello Vision offers accredited* investors a unique opportunity to partake in a vital part of cutting-edge real estate development. By participating through Hello Vision, investors are spared the usual complications innate to investing in real estate—especially with respect to New York City developments. Hello Vision investors will obtain the benefit of Hello Living’s expertise and established track record, spanning almost two decades, along with the critical ability to successfully manage every detail from planning to execution,” said Eli Karp, CEO and Founder of Hello Living.
The recently-acquired Hello W development, located at 1049 Washington Avenue in the Morrisania section of the South Bronx, is the first opportunity for investors to utilize the Hello Vision platform. Hello W will be reintroduced as a 103-unit condominium building, featuring 74,896 square feet of residential space, 48,364 square feet of community facilities, and 27,134 square feet for retail space. The architect of record is ND Architecture & Design, a full-service architectural firm founded in 2004 by Nataliya Donskoy.
About Hello Vision: Hello Living, through Hello Vision, is offering interests pursuant to Rule 506(c) of Regulation D of the Securities Act, which allows issuers to raise capital through general solicitation or general advertising, provided that: (1) all purchasers of the securities are accredited investors, and; (2) the issuer takes reasonable steps to verify that such purchasers are accredited investors.
Through participation in Hello Vision, the *accredited investor becomes an Equity Investor in the LLC that owns the property. If you would like to invest in Hello W under the Hello Vision platform, you should request and review the full Offering Documents. After completion and submission of the Offering Documents, Hello Living will review and grant approval accordingly.
About HELLO LIVING: Founded in 2005 by entrepreneur and Brooklyn native Eli Karp, Hello Living is a full-service locally based real estate development group with a bold vision, focused on building structures and communities that transcend geography, and bridge the gap between old and new neighbors alike. Under Eli’s leadership, Hello Living has developed 15 projects to date throughout Brooklyn, with additional developments in the pipeline throughout New York City. Hello Living’s vision is to honor the foundation of the past while transforming new dreams into thriving realities, by contributing beautiful and unique properties to New York City’s architectural history and landscape. Hello Living’s properties are energy-efficient and designed to maximize the price per square foot, while remaining affordable and attractive to residents. For more information about Hello Living, please visit: https://www.helloliving.com/