Private Real Estate Investing:
No strings Attached

Parvis’ platform digitizes the cap-table in every fund eligible for secondary trading. With the shares logged in the blockchain ledger, we are able to facilitate ownership transfers with electronic signatures and funds transfers similar to the capital raising process in the primary market.

Any investor within a Parvis fund that has been approved for secondary transfer. The secondary market is not available for investments where the investor is in a partnership with a third party or were purchased with registered funds (e.g. Upper Mayfield Estates Trust).

Sell orders in a partnership are accepted six months after the asset’s acquisition. Sellers will have the ability to place their interest for sales in quarterly windows announced by Parvis. These are two week windows approximately in the middle of each quarter.

Buyers must be investors with an approved account on the Parvis platform (i.e. eligible or accredited investors who are Canadian taxpayers and have passed KYC).

Buyers will have 1-2 week windows to evaluate available investments.

The sale price is determined by the Seller. We recommend posting your sell order at +-20% of the purchase price considering performance and market conditions. The final sale price will be determined between the buyer and the seller.

We do not guarantee liquidity or pricing. Prior to investing, you should assume that you may be required to hold your investment for the duration of the partnership. You will be able to relist your investment for sale during the next secondary market event.

Matching is done by the buyer and seller themselves. After expressing interest, the buyer and seller will determine the final sale price via a private chat on the Parvis platform.

Sellers are charged 1% and buyers do not pay a fee. No transaction costs

The both parties will remain anonymous unless disclosure is required to comply with law or to complete the transaction.

Upon closing of your secondary sale, Parvis will send your proceeds (net of fees and charges) to the bank account we have on file. We will seek to facilitate closing and settlement as reasonably early as possible, but we generally expect to distribute sale proceeds at least 45 days after the buyer window for your sale started.