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LAS VEGAS – January 6, 2023 – (Newswire.com)
Connect Invest, an online investment company, increased all of the interest rates today on its short-note offerings following the recent Fed rate hike to provide investors with an opportunity to earn significant returns with short-term commitments and low investment minimums, starting at $500. Short notes allow investors to commit their money for short commitments with defined exit dates.Â
While interest rates have risen on savings and CD accounts, they continue to have a negative real yield as the U.S. inflation rate sits at 7.11%. According to the Federal Deposit Insurance Corp., the average national deposit rate for savings accounts is 0.3%, while the average for 24-month CD accounts is 1.06%.
Connect Invest offers an alternative investment vehicle that mitigates both market volatility and uncertainty while providing residual income through the form of monthly interest payments. “We view this uncertain time in the economy as an opportunity to offer unprecedented value to our clients,” said Brandon Kelly, Vice President of Marketing and Operations at Connect Invest. “We look forward to serving new investors seeking stable residual monthly income during the term of their investment.”Â
Previously, return rates for Connect Invest short notes six-month and 12-month commitments were 5.5% and 7.25%, respectively. The new rates are now 7.5% and 8%, respectively. The 24-month short note continues to pay 9%. Funds from all short note investments are used for purchasing first-position collateralized notes of various real estate projects. With access to over $500 million in collateralized projects, Connect Invest is constantly adding projects to the portfolio for continued diversification.Â
To learn more about Connect Invest, visit www.connectinvest.com/about-us/
About Connect Invest
Connect Invest is an alternative investment platform specializing in collateralized debt through real estate short-note investments. We offer short-term investments in real estate development projects that yield high returns monthly, with zero overhead and no account or maintenance fees. Our investments are determined based on the investor’s risk tolerance, investment amount, and length of term. Available to both accredited and nonaccredited investors, all funds are used to fund a variety of real estate development projects throughout the country at various stages, including acquisition, development and construction. Investments start as low as $500, terms as short as 6 months, and interest earnings ranging from 7.5% to 9%.
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Diana Calderon
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Connect Invest, the industry’s leading collateralized debt investment platform, offers new competitive return rates up to 9%
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CHARLOTTE, N.C. – January 5, 2023 – (Newswire.com)
Following a national trend in recent years, foresighted couples and singles have begun jockeying for positions on waitlists at Life Plan Communities like Southminster when they reach their late-60s or 70s, instead of their 80s. In order to embrace this evolution and remain on the leading edge of senior living in the Sunbelt city of Charlotte, Southminster has strategically analyzed and anticipated evolving demographic demand and embarked on a well-thought-out eight-year expansion journey.Â
In 2020, it completed its first three-phase expansion that included Embrace Health at Southminster, a new person-centered model for higher levels of care. According to Mary Cooper, Chief Operating Officer, who championed this new model of care early on, “The neighborhood design of our small-house model ensures that residents and families always remain central to decision-making regarding their care as their needs change.”
Along with this 200,000-square-foot, state-of-the-art health center, Southminster’s $140 million expansion included 86 new apartments that increased total Independent Living residences by 27 percent. Southminster had been fully occupied for about four years prior to the groundbreaking, and their waitlist doubled during construction.
Never willing to slow down, Southminster has now embarked on its next strategic plan, “Driving Toward Excellence 2022-2035.” It encompasses objectives ranging from diversity, equity and inclusion to technology and data analytics, land acquisition and cultivating innovation. According to Lisa McClellan, Vice President of Human Resources, “Our eye will always be on staffing and recruiting initiatives, but we are increasing our focus and energy toward employee retention and engagement. COVID took its toll on gatherings and engagement opportunities, so we are redesigning our HR priorities to fit the needs of our people.”
Immediate construction within the most recent strategic plan includes renovating two dining rooms and the main corridor beginning in January 2023. Southminster will also implement a new master site plan that includes outdoor amenities such as outdoor patios and fire pits, walkways, and exercise spaces.
Part of the plan in this new era of senior living involves philanthropy and making an impact on the broader community. Tracy McGinnis, Southminster’s Vice President of Philanthropy and Strategic Initiatives, reports that since its inception, Southminster’s fund has distributed over $13 million in financial support to residents living on its South Charlotte campus. Since expanding its philanthropic mission more than six years ago, Southminster has given over $3 million in philanthropic support to various non-profits across Charlotte Mecklenburg.Â
Southminster recently announced a collaboration with The Ivey, a Charlotte non-profit devoted to serving individuals living with early memory or cognition concerns and their caregivers through programs designed to optimize brain health for aging well. It also strengthened its partnership with The Shepherd’s Center of Charlotte, a local non-profit with a mission that includes offering lifelong learning, free transportation, and Medicare counseling to seniors across Mecklenburg County.  “We believe in collaborating with like-minded organizations to accelerate impact across all generations through education, the arts, and building healthy communities in Charlotte Mecklenburg,” McGinnis said.Â
According to Ben Gilchrist, Southminster President and CEO, “Our living, breathing strategic plan will enable expanded services to a broader market throughout the region in the years to come. The future is bright indeed.” For more information on Southminster, please visit www.southminster.org.
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David Jewell
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Southminster’s $140 Million Expansion Reflects a New Era in Senior Living