Janover Launches Janover Engage on its Groundbreaker Platform, Connecting Real Estate Syndicators to an Investor Pool Exceeding $1 Billion
September 18 2024 - 8:00AM
Janover Inc. (Nasdaq: JNVR) (“Janover” or the
“Company”), an AI-enabled platform for commercial real estate
transactions, today announced the launch of Groundbreaker’s Janover
Engage; a marketplace connecting real estate syndicators with
investors. The platform includes access to more than 40,000
verified investors that have invested more than $1 billion. The
investments are only available to syndicators raising under Reg D
506(c) and to accredited investors.
Blake Janover, CEO of Janover, stated, "We are
excited to introduce Janover Engage to the Janover ecosystem. It
has been the most requested addition to the Groundbreaker platform,
and we are proud to continue to build on its success. Ultimately
this marketplace provides the opportunity to match the right
investments with the right investors on a subscription basis for
those general partners (“GPs”) raising capital. It’s another
addition to Janover’s diverse suite of products, as we seek to
reduce friction in, and better connect, the commercial real estate
industry.”
Groundbreaker, a wholly owned subsidiary of
Janover, provides an online portal that simplifies the entire
investment process, both for GPs and limited partners (“LPs”). It
allows GPs to present deal information and seamlessly send updates
and distributions, while investors can review deals, sign documents
digitally, and access K-1s, all through a clean,
institutional-grade online portal.
The addition of Janover Engage marks a notable
expansion of Groundbreaker's capabilities, aligning with Janover's
strategic vision of becoming a comprehensive solution provider in
the multifamily and commercial real estate sector. By broadening
the platform's functionality to include this marketplace, Janover
aims to attract a broader range of clients and strengthen its
market position.
Blake Janover added, "As we continue to expand
our services, our primary focus remains on delivering unwavering,
exceptional value to our clients. The launch of Janover Engage
demonstrates our commitment to meeting the needs of the real estate
syndication ecosystem and providing tools to set GPs, LPs and
commercial real estate professionals up for success. This
marketplace not only benefits syndicators looking to raise capital
but also provides access to opportunities for accredited investors.
We’re building an Amazon Prime for multifamily and commercial real
estate."
Janover Engage is a service offered by
Groundbreaker, a subsidiary of Janover Inc. Groundbreaker operates
solely as a service provider on its platform and maintains no
affiliations with the companies featured beyond this scope.
Groundbreaker does not offer investment advice and does not receive
payments based on the number of investors reached or subscribed
through its platform and is not registered with the SEC, or any
state, as a broker-dealer, investment advisor, or investment
company. Groundbreaker does not partake in the offer or sale of any
investments and does not endorse any of the investment
opportunities or companies listed on the platform. Additionally,
Groundbreaker holds no responsibility for the content provided by
the companies on the platform and is not liable for any investments
made. Potential investors are advised to consult with counsel and
conduct thorough due diligence on all investment opportunities
presented.
About Janover Inc.
Janover is an AI-enabled platform for commercial
real estate transactions. The Company seeks to revolutionize the
commercial real estate lending market by making it hyper-efficient,
transparent, and accessible to all rather than the few. Through the
Company’s online platform, it provides technology that connects
commercial mortgage borrowers looking for capital to refinance,
build, or purchase commercial property, including, but not limited
to, apartment buildings, to commercial property lenders. Borrowers
include, but are not limited to, owners, operators, and developers
of commercial real estate including multifamily properties and most
recently, a growing segment of small business owners, which Janover
believes represents a significant growth opportunity. Lenders
include small banks, credit unions, REITs, Fannie Mae® and Freddie
Mac® multifamily lenders, FHA® multifamily lenders, debt funds,
CMBS lenders, SBA lenders, and more. Additional information about
the Company is available at: https://janover.co/.
To view the latest investor presentation, please
visit https://ir.janover.co/.
Forward-Looking Statements
This release contains “forward-looking
statements” within the meaning of the safe harbor provisions of the
U.S. Private Securities Litigation Reform Act of 1995.
Forward-looking statements can be identified by words such as:
“anticipate,” “intend,” “plan,” “believe,” “project,” “estimate,”
“expect,” strategy,” “future,” “likely,” “may,”, “should,” “will”
and similar references to future periods. Forward-looking
statements are neither historical facts nor assurances of future
performance. Instead, they are based only on our current beliefs,
expectations and assumptions regarding the future of our business,
future plans and strategies, projections, anticipated events and
trends, the economy and other future conditions. Because
forward-looking statements relate to the future, they are subject
to inherent uncertainties, risks and changes in circumstances that
are difficult to predict and many of which are outside of our
control. Instead, they are based only on our current beliefs,
expectations and assumptions regarding the future of our business,
future plans and strategies, projections, anticipated events and
trends, the economy and other future conditions. Our actual results
and financial condition may differ materially from those indicated
in the forward-looking statements. Therefore, you should
not rely on any of these forward-looking statements.
Important factors that could cause our actual results and financial
condition to differ materially from those indicated in
the forward-looking statements include, among
others, the following: (i) the effect of and uncertainties related
the ongoing volatility in interest rates; (ii) our
ability to achieve and maintain profitability in the future; (iii)
the impact on our business of the regulatory environment and
complexities with compliance related to such environment; (iv) our
ability to respond to general economic conditions; (v) our ability
to manage our growth effectively and our expectations regarding the
development and expansion of our business; (vi) our ability to
access sources of capital, including debt financing and other
sources of capital to finance operations and growth and other risks
and uncertainties more fully in the section captioned "Risk
Factors" in the Company’s Registration Statement on Form 1-A
related to the public offering (SEC File No. 024-12458) and other
reports we file with the SEC. As a result of these matters, changes
in facts, assumptions not being realized or other circumstances,
the Company's actual results may differ materially from the
expected results discussed in the forward-looking statements
contained in this press release. Forward-looking statements
contained in this announcement are made as of this date, and the
Company undertakes no duty to update such information except as
required under applicable law.
Company Contact:Bruce S. Rosenbloom, CFOTel:
(561) 559-4111Email: IR@janover.co
Janover (NASDAQ:JNVR)
Historical Stock Chart
From Oct 2024 to Nov 2024
Janover (NASDAQ:JNVR)
Historical Stock Chart
From Nov 2023 to Nov 2024