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About Renovate Neighborhoods, Inc. (OTC: RNVT)
Renovate Neighborhoods, Inc. OTC:RNVT is a corporation that operates under the edict of social entrepreneurship. It s core business is that of rehabilitating and developing residential housing that is introduced into the marketplace at or under regional affordable housing price points. Unlike conventional residential housing, affordable housing as a rule is not subject to The sales risks of absorption factors and market share ratios. This is attributable to the present and ever growing demand for affordable housing. The viability of this market is further enhanced by the need of financial institutions to conform to the federal Community Reinvestment Act CRA requirements to fund loans for such type of housing. This includes loans to the lower socioeconomic groups and veterans. In general the affordable housing market is vibrant in a stable economy and extremely vibrant in a downward spiraling economy. In addition the efforts for the rehabilitation and development of affordable housing by Renovate Neighborhoods, Inc. is further supported by its strategic alliance network with both for profit and nonprofit organizations, and it s operating philosophy of acquiring diversified ongoing businesses that can add to and support the revenue Stream that generates affordable housing.
- Martin Rubin / CEO
- Timothy Miller / CFO, Treasurer
Current Share Structure
- Market Cap: $2,628,023 - 03/15/2018
- Authorized: 300,000,000 - 03/12/2018
- Issue and Outstanding: 262,802,337 - 03/12/2018
- Float: 98,908,149 - 06/30/2014
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Disclaimer: DD Report publishes reports providing information on selected companies. DD Report is not a registered investment advisor or broker-dealer. This report is provided as an information service only, and the statements and opinions in this report should not be construed as an offer or solicitation to buy or sell any security. DD Report accepts no liability for any loss arising from an investors reliance on or use of this report. An investment in RNVT is considered to be highly speculative and should not be considered unless a person can afford a complete loss of investment. DD Report has received no compensation for the publication and circulation of this report. DD Report does not own any shares of RNVT and does not buy, sell, or trade any shares of RNVT. This report contains forward-looking statements, which involve risks, and uncertainties that may cause actual results to differ materially from those set forth in the forward-looking statements. Copyright 2018 by DD Report. All rights reserved. Our Full Disclaimer: https://dd.report/disclaimer/