Commercial real estate finance firm Gparency has launched its initial subscription service, the Founding Members program. This new nationwide program will give members access to a state-specific GP Concierge who will act as an acquisition rep providing updated and confirmed listings and listing broker information. It also will members the capital markets intel needed to self-direct debt or equity mortgages, eliminating brokerage fees.
As part of Gparency ‘s#2050Vision, the founding membership will be capped at an initial 20 founding members in each of the 50 states. The $5,000 fee to become a founding member includes 16 months of membership as opposed to 12 months, as well as access to listings and banking intel nationwide through a dedicated concierge.
“Converting to an annual membership instead of paying per deal was always our vision,“ said Ira Zlotowitz, founder and CEO of Gparency, which launched in November 2021. “The fact that we are launching our membership service just 60 days after we opened is a testament to the demand for our offerings in the marketplace, and we are very pleased to be rolling the program out.”
Although regular members will not have minimum requirements, to be eligible as a founding member, GPs must live in that state, own at least one commercial property in that state or own at least three commercial properties in the United States. Interested parties are encouraged to apply early.
When founding members needs a mortgage, debt or equity, the concierge will provide all the intel and top lender recommendations so the GPs can self-direct their own mortgages without paying any brokerage fees. In addition, full brokerage services are available to members commission-free through two options, Broker by Email and Real, Live Broker.
