Crew Enterprises Announces Corporate Rebrand and Expansion of Its Real Estate Ventures
May 3, 2024
Formerly Versity Invest, Crew Enterprises Better Represents its dedicated professionals and commitment to innovation and growth in the real estate sector
Crew Enterprises, formerly Versity Invest, was founded in April 2022 by industry veterans Blake Wettengel and Tanya Muro. Prior to the formation of Crew, Mr. Wettengel and Ms. Muro were partners at Versity Investments, LLC, a firm that specializes in purchasing, developing, and managing student housing, multi-family and specialty assets throughout the United States. The company currently boasts a substantial real estate portfolio valued at nearly $2 billion in assets.
Blake Wettengel, Chief Executive Officer of Crew, expressed his enthusiasm for the company’s strategic evolution, stating, “We began rebranding in conjunction with the launch of our private REIT, Crew Campus, and couldn’t be more excited for what the future holds. We fully expect to be among the most active buyers and managers of campus adjacent student properties for years to come.”
"We began rebranding in conjunction with the launch of our private REIT, Crew Campus, and couldn't be more excited for what the future holds."
This rebranding initiative represents more than just a visual transformation; it symbolizes a renewed commitment to excellence, innovation, and strategic expansion in the real estate investment marketplace. With a robust executive team of industry professionals, Crew is poised to become the leading firm specializing in student housing in addition to its other business endeavors.
For more information about Crew Enterprises, LLC, please contact Tanya Muro at 877-827-6272 or by email at tanya@crewcos.com.
OFFERING DISCLOSURE
The contents of this communication: (i) do not constitute an offer of securities or a solicitation of an offer to buy securities, (ii) offers can be made only by the confidential Private Placement Memorandum (the “PPM”) which is available upon request, (iii) do not and cannot replace the PPM and is qualified in its entirety by the PPM, and (iv) may not be relied upon in making an investment decision related to any investment offering by an issuer, or any affiliate, or partner thereof (“Issuer”). All potential investors must read the PPM and no person may invest without acknowledging receipt and complete review of the PPM. With respect to any “targeted” goals and performance levels outlined herein, these do not constitute a promise of performance, nor is there any assurance that the investment objectives of any program will be attained. All investments carry the risk of loss of some or all of the principal invested. These “targeted” factors are based upon reasonable assumptions more fully outlined in the Offering Documents/PPM for the respective offering. Consult the PPM for investment conditions, risk factors, minimum requirements, fees and expenses and other pertinent information with respect to any investment. These investment opportunities have not been registered under the Securities Act of 1933 and are being offered pursuant to an exemption therefrom and from applicable state securities laws. All offerings are intended only for accredited investors unless otherwise specified. Past performance is no guarantee of future results. All information is subject to change. You should always consult a tax professional prior to investing. Investment offerings and investment decisions may only be made on the basis of a confidential private placement memorandum issued by Issuer, or one of its partner/issuers. Issuer does not warrant the accuracy or completeness of the information contained herein. Thank you for your cooperation.
Securities offered through Wealthforge, LLC Member: FINRA/SIPC. Only available in states where Wealthforge, LLC is registered. Wealthforge is not affiliated with any other entities identified in this communication.
REAL ESTATE RISK DISCLOSURE:
- There is no guarantee that any strategy will be successful or achieve investment objectives including, among other things, profits, distributions, tax benefits, exit strategy, etc.;
- Potential for property value loss – All real estate investments have the potential to lose value during the life of the investments;
- Change of tax status – The income stream and depreciation schedule for any investment property may affect the property owner’s income bracket and/or tax status. An unfavorable tax ruling may cancel deferral of capital gains and result in immediate tax liabilities;
- Potential for foreclosure – All financed real estate investments have potential for foreclosure;
- Illiquidity – These assets are commonly offered through private placement offerings and are illiquid securities.
- Private Placements are Speculative. There is no secondary market for these investments.
- Private placements carry a high degree of risk.
- Reduction or Elimination of Monthly Cash Flow Distributions – Like any investment in real estate, if a property unexpectedly loses tenants or sustains substantial damage, there is potential for suspension of cash flow distributions;
- Impact of fees/expenses – Costs associated with the transaction may impact investors’ returns and may outweigh the tax benefits.
- Stated tax benefits – Any stated tax benefits are not guaranteed and are subject to changes in the tax code.
- Speak to your tax professional prior to investing.
