Here’s a general overview:
While the positives far outweigh the negatives, there are, in fact, some challenges when it comes to registering and qualifying properties with the SEC.
Time: The most notable downside of working with the SEC is the time required to complete the necessary filings for a property to be fully registered and fully qualified. And due to the nature of qualification, we often can’t pinpoint the exact date and time an offering will be available to investors to fund.
Resources: To complete the aforementioned filings and respond to any SEC inquiries, Arrived has to maintain a finance and legal team dedicated to supporting the process.
Arrived property financials are prepared in compliance with generally accepted accounting principles (GAAP) for regulatory purposes. Arrived holds its team accountable for the accuracy and integrity of information. If you would like to access our SEC filings, you can click here.