Addy continues to advance its presence in Alberta.
The Vancouver-based real estate investing platform, which launched in BC in 2020, dropped its first Alberta project last year.
The timing was good: As the province’s key hubs Calgary and Edmonton grapple with Canada’s highest rates of office vacancy, addy collaborated with regional developers to convert office space into residential units.
In addition to another Calgary project in October, The Isaac in Inglewood, addy is hosting events in the area.
Up next is January’s addy Calgary Meetup. Hosted at Aroma Cafe in The Harrison building on 18th Street, the casual meet-up will allow addy investors to connect with each other as well as company cofounder Stephen Jagger.
“Come join us for an informal gathering at Aroma Cafe in The Harrison building,” reads a statement from addy. “Connect with other addy members and explore the realm of real estate investing.”
Jagger also posted about the event on X.
Hey, Calgary! Who's around to meet up in Marda Loop on Thursday at @aromacafebaryyc in The Harrison Building for a casual @addyinvest meetup? https://t.co/fojTd7Ts9h
— Stephen Jagger (@sjagger) January 20, 2024
The free drop-in affair runs from 3:30pm to 6:00pm on January 25th.
Currently, addy has three projects available for investment—a complex of multi-family homes in Toronto, a condo building in BC, and the platform’s first-ever US property.
Since launching its first investment opportunity in 2020, addy has enabled tens of thousands of Canadians to invest in dozens of properties—representing more than 100,000 transactions with a total asset value north of $700 million, according to Michael Stephenson, who cofounded the fintech alongside Jagger in 2018.
In 2023, the platform opened up to all Canadians for the first time.
Thanks for the shout out, Knowlton!