ERC Communities 1, Inc.
About ERC Communities 1, Inc.
ERC Communities 1, Inc. is an early-stage company incorporated in 2018 in Delaware and devoted to the development of residential real estate in Florida. It focuses on building manufactured home rental communities, also referred to as Build-for-Rent communities, with anticipated revenues from the sale and rental of such properties. The company has relied on affiliate advances and is conducting a securities offering to fund operations amid concerns about its ability to continue as a going concern.
Investors
Not disclosed in the source filing. Form D filings do not list investors — StreetZero surfaces them from news where available.
Key highlights
- Raised $5M via crowdfunding for Florida manufactured home rental communities.
- Incorporated 2018 in Delaware as an early-stage residential real estate developer.
- Targets sale and rental of Build-for-Rent properties to address affordable housing needs.
- Maximum campaign target listed at $50M with proceeds for construction and acquisitions.
- LinkedIn presence emphasizes equity investments in preferred stock for housing solutions.
Ask StreetZero about ERC Communities 1, Inc.
Put our AI to work on this deal.
Similar companies
Other Crowdfunding deals, ranked by Signal.
Source document & SEC filing
The source SEC filing and the cached document are available to members only. Sign in to view and download them.
Sign in to view the filing Create free account