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Parvis offers a variety of real estate investment opportunities for qualified investors who meet accredited or eligible investor status. Investors must be 18 years of age to register and invest, a Canadian citizen or resident,and reside in certain provinces depending on investments.

As an accredited investor, you can trade securities that are not registered with financial authorities without a cap on the amount of funds you can invest. To be considered an accredited investor in Canada, you must meet any of the following eligibility requirements:

• At least $1 million in financial assets (cash and securities) before taxes. When calculating an individual’s financial assets any outstanding loans incurred to acquire those assets must be deducted.
• A before-tax net income of $200,000 (or $300,000 combined income with spouse) in the two most recent years, and who reasonably expects to exceed that net income in the current year.
• Have at least $5 million in net assets.

An Accredited investor also includes:

• Financial institutions
• Registered advisers or dealers
• Pension funds
• Corporations, limited partnerships, trusts or estates having net assets of at least $5 million

Eligible Investor:

Just like accredited investors, to be considered an eligible investor you must meet certain financial requirements (outlined below). Eligible investors that meet those requirements can invest more into investment opportunities subject to a prospectus exemption. 

To qualify as an eligible investor you must have the following:

• Net assets (or combined with your spouse) greater than $400,000.
• A before-tax income of over $75,000 (or $125,000 combined income with your spouse) for at least two years in a row with the expectation to exceed that income in the current calendar year.

Under the offering memorandum exemption, for over a twelve-month period, eligible investors can put a maximum of $30,000 into investments subject to the OM exemption, unless they receive advice from a portfolio manager, investment dealer, or exempt market dealer, in which case they can invest up to $100,000

Examples of investments available to eligible investors include:

• Direct real estate investments
• Equity investments
• Debt investments

As shared above, at Parvis we offer a wide range of high-quality direct real estate investment opportunities for both accredited and eligible investors.

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Visit parvisinvest.com and click on “Get Started” where you will be directed to a few questions about your identification, contact information, whether you’re an accredited investor, the details of your investment objectives, etc. Once you submit, we will grant you access to our platform and the investment opportunities. You will then receive an email from a member of our team to schedule an introductory call if you desire.

You will be required to complete an online questionnaire that will allow Parvis onboard you as an investor. This means assessing the suitability of investments and to fulfill KYC and AML responsibilities. It should take less than 5 minutes.

We verify the identity of all investors to meet applicable regulations. We validated a copy of government issued identification names, social insurance numbers, addresses, and telephone numbers with credit agencies.

Yes. These individuals or firms are professional investors and Parvis accepts their investments in order to have individuals co-invest with professionals who have aligned interests in the success of the investment. Parvis will also bring different financial institutions to co-invest alongside our customers.

You can contact the Parvis team in one of three ways by emailing us at info@parvisinvest.com or by calling us at 604-818-8131. Our hours of customer support are between 9 AM - 5 PM EST, Monday through Friday.

While both types of investments relate to real estate and both pay dividends to investors, Parvis offers a different way to invest in real estate. Investors on Parvis’s platform can choose to invest in specific properties, instead of investing in a blind pool of real estate offerings. Also, Parvis provides professional-level details on each property and, for many, a more valuable investment structure than traditional real estate investing vehicles such as private or public REITs. Parvis offers investors lower fees and, for many, a more beneficial investment opportunity than most REITs.

We believe in providing a completely transparent investing experience. One where you can access details of your investment anytime. Better investment opportunities, clear fees and more liquidity.

Minimum investments depend on a particular project. However, Parvis aims to provide access to a broader investor base by targeting a minimum investment size of $20,000. As an accredited investor, there is no maximum investment limit.

Yes. But all owners of interests, direct, indirect or beneficial (except the voting securities required by law to be owned by directors) have to be accredited investors.

You are buying equity and debt securities issued by offering companies - in most cases, developers. For equity, the securities are limited partnership units giving you an ownership stake in the partnership.

Yes. It is important to look at an investment via Parvis similarly to other real estate investments - as long-term (typically 2-5 years) in order to maximize opportunity. We onboard property investments strategically, meaning we look at the long-term return potential for our investors.

Parvis will offer for investments on our platform that aim to raise anywhere from $500,000 to $250M.

Distributions typically occur 6 months after initial close. Some investments provide for quarterly distributions typically occurring within a few weeks after the end of each quarter. Not all investments are the same and the terms of each investment will specify the distribution frequency, if any.

Your funds are held in trust and are deployed to the project only after a minimum threshold of capital has been raised. If a minimum threshold of capital is not achieved, then all funds will be fully returned to investors, in addition to any interest that may have accrued.

Parvis sources some of the best investment opportunities.  Our Investment Committee will find quality projects that have reasonable reserves and timeframes, amongst many items. We look for projects that have allowances in scheduling and budgeting to ensure that timeframes and budgets are respected.

Equity: Some project investments will have an outside date where the developer is obligated to complete the project and allow the investors to exit the investment. Should this not happen as planned, the developer may be able to exercise its option to extend the project duration or will raise additional capital to allow existing investors to exit.  In such cases, Parvis will assist investors relying on its Secondary Market.

Debt: Debt investments have a fixed maturity date and often no options to extend without penalty. Therefore, the borrower will be responsible for paying the interest and principal on time, or else be in default of the loan.

By creating an account you will be added to Parvis’s client list and be notified of any upcoming investment opportunity.

All investments are carefully vetted by Parvis’s Investment Committee. Our team bring a wide range of industry experience in real estate development, finance, private equity, technology and law. Our team members can rely on their experience with leading investment managers and private equity firms. We take a value-driven approach to investing in real estate by identifying real estate opportunities that offer attractive risk-adjusted value with great fundamentals. Parvis will use its platform technology to match investors to investments to help them invest in private real estate with ease.

Parvis has a competitive fee structure that is also very transparent. We indicate a clear net of fee return for both debt and equity. Investments are subject to the various fees depending on the structure of the deal. This can include: 1) a commitment fee (usually 1.0%); 2) an annual asset management fee (usually 1.5% on investor equity value) 3) a performance fee (usually 1.5% depending on performance of investment). The total fees on debt and equity should be between 2-6%. Fees are deducted from investment or distributable cash flow. Please review the investment agreements for a complete description of fees that may be charged by Parvis for each investment.

You can access your account by login-in on Parvisinvest.com. You can access any information related to your account including your investment status.

You can update any information by login-in on Parvisinvest.com.

Parvis uses bank-level security for your protection. Your information is encrypted at the same level as the largest commercial banks.

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.