Local company simplifies real estate investments with crowdfunding

Local company simplifies real estate investments with crowdfunding

NASSAU, BAHAMAS — Bahamian firm Akerage is using technology and industry expertise to make investing in income-producing property easier for the average investor.

Akerage CEO Carlyle Bethel

According to a press statement, the company has received provisional approval from the Securities Commission of The Bahamas and is now conducting private placements for accredited investors.

“The Bahamas saw approximately $400m worth of property sold or go under contract during the first quarter of 2021,” read a press statement.

“Unfortunately, average investors are often prevented and/or inconvenienced by the high fees and complex processes required for traditional investment in real estate. Our technology reduces fees and simplifies complex processes while increasing access and affordability for the average investor.”

It continued: “Akerage is a legally compliant company that has revolutionized the way we invest in real estate. Instead of saving thousands of dollars and dealing with the stress of buying, renovating, and managing real estate, investors can sign up with Akerage, open an account and invest as little as $1,000 into income-producing real estate.

The company underscored all properties will be fully owned by investors and held in a separate legal entity while being managed by professional third-party property managers in the best interest of the owners.

“Akerage will provide professional expertise, oversight, and guidance to ensure that all properties are managed at a high standard and ensure that all funds generated (after fees) are transferred to the property owners,” it read.

“Investors can also sell their shares to other Akerage clients if they need cash and wish to liquidate their portfolio.”

Anyone interested in learning more about Akerage can visit www.myakerage.com, contact cbethel@myakerage.com or follow its social media platforms.

The statement added: “We live in a world that is constantly changing but we believe that our mission to empower others is one of the few things that will stand the test of time. That is why we work every day to make this world more equitable for you. Akerage is the future of Real Estate investing.”