Ascend Homes
About Ascend Homes
Ascend allows renters to co-invest in the properties they occupy, enabling them to share in net rental profits and home price appreciation. This model addresses the issue of renters accumulating no equity while paying rent, empowering them to build financial assets over time.
<problem> Renters typically do not accumulate equity while paying rent, missing out on potential wealth-building opportunities tied to property appreciation. This lack of equity accumulation can perpetuate financial disparities and limit renters' long-term financial security. </problem> <solution> Ascend offers a co-investment model that allows renters to invest in the properties they live in, enabling them to share in the net rental profits and benefit from home price appreciation. By co-investing, renters can build equity over time, transforming their monthly rental payments into an asset-building opportunity. This model aims to empower renters financially by providing a pathway to participate in the real estate market and accumulate wealth. </solution> <features> - Co-investment opportunities in rental properties - Sharing in net rental profits - Participation in home price appreciation </features> <target_audience> Ascend targets renters seeking to build equity and participate in the financial benefits of property ownership. </target_audience>
What does Ascend Homes do?
Ascend allows renters to co-invest in the properties they occupy, enabling them to share in net rental profits and home price appreciation. This model addresses the issue of renters accumulating no equity while paying rent, empowering them to build financial assets over time.
Where is Ascend Homes located?
Ascend Homes is based in East New York, United States.
When was Ascend Homes founded?
Ascend Homes was founded in 2022.
How much funding has Ascend Homes raised?
Ascend Homes has raised 2700000.
- Location
- East New York, United States
- Founded
- 2022
- Funding
- 2700000
- Employees
- 3 employees