10-27-2015, 12:07 PM
(10-27-2015, 10:20 AM)Spokes Wrote:(10-27-2015, 10:06 AM)tomh009 Wrote: Interesting ... they are looking for (smaller?) investors for the project. Maybe I should sign up to get the details!
I believe this was an investment company the developer started for people to invest in some/all of their projects.
But I remember there being some issue as to if they would be able to sell "shares" as there needed to be some kind of certification process. Don't remember all of the details though.
Correct. Openavenue was tied to Revel/Madison and I believe is also defunct for whatever reason. I also recall some issue with the legality of dividing up real estate in this fashion ...