The Arrived Secondary Market and the Arrived redemption program both offer investors liquidity options, but they function in different ways:
Arrived Secondary Market:
A peer-to-peer trading platform where investors can buy and sell shares of individual rental properties with other investors.
Transactions occur quarterly during a one-week trading window, with investors setting their own buy and sell prices through limit orders.
Offers market-driven liquidity, allowing investors to adjust their portfolios based on demand.
Arrived Redemption Program (Single Family Residential Fund and Private Credit Fund):
A structured share buyback program where investors can request to redeem their shares directly from Arrived after holding them for at least six months.
Redemptions are processed at the end of each quarter, with payments made within 10 business days of approval.
A redemption fee applies based on how long shares have been held, and requests are subject to fund-level liquidity limits.
In short, the Secondary Market offers investors a way to trade shares with others at market-driven prices, while the redemption program allows investors to exit the Single Family Residential Fund and Private Credit Fund by selling shares back to Arrived.