🔥 INVESTOR NOTE: Temple U sees record applications, rents hit all-time high 🚀
Hey all,
Quick milestone alert. We just hit the news with TEMPLE II. Can read it here.
TL;DR: We’ve officially set the THIRD record for fastest real estate fintech to hit $1 million in new ownership—and it all came from the group Wall Street says isn’t worth working with.
Some clap it up for you guys! 👏👏👏
MARKET UPDATES: Record-number of students + market rents
Temple U sees record applications for Fall 2022 (Philadelphia Inquirer)
Rise comes from international students AND BIPOC students
Market rents have jumped around Temple University to record highs
Our closest comp (Diamond Green; older property) jumped from $850 a room to $1175

APRIL INVESTOR CONFERENCE CALL: ICYMI, we had our investors conference call yesterday where we took questions from our TRIBE, shared updates and investors got to hang out with the NYCE Executive Team.
You can find the replay inside our NYCE Investor Portal here.
We will be changing our NYCE VIP Investor Portal to be more of a premium experience with access to the leadership team, vote on strategic matters, VIP access to deals and more.
(Updates to come on that in the following days.)
That’s all from me for now. As always, shoot us a note if you have questions, comments or ideas. 🚀
Crush the week. - Philip






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