# March Update | The Co-Own Company

- Canonical URL: https://wefunder.com/feed/161631
- Entity ID: wefunder:feed_item:161631
- Published at: 2023-03-17 19:06:48 UTC
- Updated at: 2025-07-09 03:22:59 UTC

## Author
Jason Lewiston

## Subject
The Co-Own Company

## Content
In our last update, we communicated that we would reach back out in early March with an update. Currently, we are still waiting for our lender to complete their work and fund our first building. While this is not happening as quickly as we had hoped, we still expect movement on this soon. Once the funds have been secured, you will have a choice between receiving your investment back with full interest or converting your investment to an ownership share of our co-live project.Long-term, we still plan to build and sell co-owned units. Once mortgage rates are under 5%, this will once again become feasible. In the near-term, we are focusing on rental projects that allow renters to build equity towards one-day buying a co-owned unit.Thank you for your continued support and we will get back to you when we hear more!