TEMPLE I

This is an opportunity to invest in NYCE’s TEMPLE I aka “The Tech Mansion,” our smart-tech powered coliving/accelerator in our Philicon Square tech community by Temple University.

(We recently closed TEMPLE II, the third record-setting sellout for NYCE.)

Built in 2021, this 17-bed/coliving unit property is currently leased out, cash-flowing and operated by Outpost Club, a premier New York/Philly-based coliving management company.

NYCE is a sponsor of Temple University’s Fox Business School’s pitch competition for student entrepreneurs, ensuring a healthy pipeline of tenant inflow. (And tons of press.)

Philicon Square: A Silicon Valley-inspired neighborhood

TEMPLE I is Phase 1 of a three-phase 105-unit coliving development by Temple University. Resident members live and work, participate in workshops and mentoring and get to win cash prizes and pitch investors.

Inspired by Silicon Valley, we’re building a “hustler’s haven” tech district for students, creators and entrepreneurs to build the next unicorn. (Note: Read more about the Hacker House concept in the attached deck.)

Temple U rental market: Record applications, enrollments & rents

At our current rates, there’s still upside to raise rents as the Coliving concept matures and the TEMPLE II complex gets built.

CHART WITH OUR RENTS VS. MARKET

THE INVESTMENT OFFERING:

These are the projections based on the average rent per bed of Diamond Green, our nearest comparable property, built in 2012 (vs. 2021 for TEMPLE).

Per the financial projections and valuation methods, TEMPLE I could secure a $2.83M gross asset value in 2023 (not guaranteed and subject to market conditions).

EXIT STRATEGY: POTENTIAL LIVE TRADING VIA AN ATS

Subject to approval and listing, investors may be eligible to trade the Net Asset Value of the investment via an Alternative Trading System (ATS), just like you trade Amazon on Robinhood. Your ownership stake would reflect the NAV of the tradable equity.