Backed by a state-of-the-art digital platform, Parvis brings added value to its partners by offering seamless, end-to-end solutions for private market investments.
November 09, 2023 11:06 AM EST | Source: Parvis Invest Inc.
Vancouver, British Columbia--(Newsfile Corp. - November 9, 2023) - Parvis Invest Inc. (TSXV: PVIS) ("Parvis" or "the Company"), a technology-driven real estate company focused on supporting issuers and broadening access to institutional quality real estate investment opportunities, today announced the addition of Collard Properties Inc. ("Collard Properties") and Sagewise Mortgage Investment Corporation ("Sagewise MIC") as new Exempt Market Dealer (EMD) issuer clients.
Aligning with its mission to broaden access to top-tier real estate investment opportunities and increase liquidity in private assets, the company has pinpointed a distinctive market need for an efficient and adaptable regulated investment platform. Its recent onboarding of issuers and developers has taken it a step further to reach its growth objectives.
"We are happy to announce our newest investor services agreements with Collard Properties and Sagewise MIC, two partners of choice," stated David Michaud, Parvis' Chief Executive Officer. "With our cutting-edge platform, we're positioned to provide an innovative service in the industry that is ripe for change, all while driving revenue and sustainable growth. By offering a regulated and comprehensive end-to-end solution for private market investments, we continue to solidify our partnerships with Canadian real estate issuers who can join us in our efforts to create value for real estate investors."
Collard Properties specializes in acquiring, renovating, and managing apartment buildings and developing land. They are committed to optimizing returns for their investors through the acquisition of undervalued properties, enhancing their worth through renovations, and maximizing rental income.
With more than two decades of industry expertise, Sagewise MIC focuses on providing specialized services in first and second mortgages, as well as residential and commercial financing. The company is dedicated to achieving excellence by delivering high-quality outcomes for both investors and borrowers. They accomplish this through a strong and dependable network of brokers, investors, appraisers, and lawyers, which enables them to attain exceptional performance.
Parvis will offer Collard Properties and Sagewise MIC a complete suite of EMDSolutions encompassing compliance, back-office functions, and marketing. Through their collaborations with Parvis, both companies will be able to streamline their administrative tasks, allowing them to concentrate on their core operations and deliver value to their investors.
About the Company
Parvis is a technology-driven real estate investing platform. Focused on broadening access to institutional quality real estate investment opportunities, Parvis promotes greater access to this historically inaccessible and illiquid asset class. Enabled by blockchain technology, Parvis makes finding, tracking, and maximizing investments an experience that is both frictionless and empowering. Parvis, headquartered in Vancouver, employs experts in Toronto, Vancouver, Kelowna, and Montreal. Additional information about Parvis is available at www.parvisinvest.com and on SEDAR at www.sedar.com.
Cautionary Statement Regarding Forward-Looking Information
This news release contains "forward-looking information" and "forward-looking information" within the meaning of applicable securities laws (collectively, "forward-looking statements") within the meaning of Canadian securities legislation. Forward-looking information generally refers to information about an issuer's business, capital, or operations that is prospective in nature, and includes future-oriented financial information about the issuer's prospective financial performance or financial position. Forward-looking statements are often identified by the words "may", "would", "could", "should", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" or similar expressions and includes information regarding: execution and integration of the Memorandum of Understanding; and the Company's business plans and role in the investment industry. To develop the forward-looking information in this news release, the Company made certain material assumptions, including but not limited to: prevailing market conditions; general business, economic, competitive, political and social uncertainties; and the ability of the Company to execute and achieve its business objectives. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Actual results may vary from the forward-looking information in this news release due to certain material risk factors. These risk factors include, but are not limited to: adverse market conditions; changes in general economic, business and political conditions; changes in applicable laws and regulations; compliance with extensive government regulation; reliance on key and qualified personnel; risks associated with the real estate, investment, and technology industries in general. The foregoing list of material risk factors and assumptions is not exhaustive. The Company assumes no obligation to update or revise the forward-looking information in this news release, unless it is required to do so under Canadian securities legislation.
Neither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction.
For further information:
David Michaud, CEO, Parvis Invest Inc.
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Katie Green, August Strategy Inc.
SOURCE: Parvis Invest Inc.
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