# TEMPLE I

Own real estate for $100

## Elevator pitch
TEMPLE I aka The Tech Mansion is Phase 1 of Philicon Square, a mini neighborhood we’re building by Temple University, to house and support the next generation of entrepreneurs. TEMPLE I houses 17 people who get to live in safe, luxurious surroundings while getting the support to build the next big thing.

- Canonical URL: https://wefunder.com/temple
- Entity ID: wefunder:company:116084
- Last updated: 2026-06-17T05:02:22Z
- Generated at: 2026-06-17T22:38:42Z

## Quick facts
- Coliving/tech incubator by Temple U 🦄
- $21,250/month gross income ($255K annualized) 💰
- Seen on CNBC, Yahoo Finance, Forbes and more ✅
- Part of NYCE’s $500M real estate investment pipeline 📌
- 150% Gross Asset Value (GAV) increase since 2020 📈
- Potential 12-month investor liquidity via an ATS 📲
- Phase 1 of “Silicon Valley” inspired community 🤖

## Active fundraises
- wefunder:fundraise:63762: 4(a)(6) successful (USD)
- wefunder:fundraise:63763: 4(a)(6) successful (USD)

## Story
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 neighborhoodTEMPLE 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 & rentsAt 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. MARKETTHE 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 ATSSubject 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.

## FAQ
1. **How come you not accepting credit card payments for this investment?**
   - Hi Bernard — it should be! Let me check with Wefunder, they control payment flow.
2. **Hi phillip do investors get dividends from this**
   - You get the returns/compounded growth and then you’ll be able to trade your shares on the app in 12 months (earliest legally allowed by SEC). So no, no dividends, you get the returns. We may decide to make quarterly distributions once it trades but it’s not in the cards prior to that. We do have a dividend-paying NYCE Airbnb offering for cash-flow investors coming next to have that in the portfolio. TEMPLE I investors (and our NFT holders) get first in line for that one.
3. **Hi Philip, Your May 24th email noted that the early-bird discounts would be $2.47M valuation cap and perks. I registered on the waitlist on Tuesday and again on Thursday but the offer on Wefunder shows a valuation of $2.6 million. Was that intentionally changed? I would love t...**
   - Hi A. Silvera, Thank you for reaching out! To clarify, the early-bird discount offered a valuation cap of $2.47M for those who signed up early. This means early investors got a deal at a lower price. Now that the early-bird period has ended, the valuation cap has been raised to $2.6M, so anyone investing now is buying in at a slightly higher price. If you have any more questions or would like to chat about it further, feel free to schedule a call with us here: https://calendly.com/nyceco/inve...
4. **$100 investment not going through**
   - It was $100 at first, $250 now for this limited offering. For future reference, make sure you’re part of our investor TRIBE so you can get access to the early-bird perks first.
5. **How long will this round be?**
   - Hey George! Not too long. It’s halfway sold out. 👍

## Team
- Philip Michael (CEO, NYCE)

## Q&A
- Q: I invested in the Repulic round in 2020. When will those Repulic investors get a return?
  - A: Hey Liesheng, Per the Republic offering, 2020’s TEMPLE I was a development/active offering with a 36-month lockup. This offering gives access to the completed project. Your stake currently sits at around 2x so the returns have compounded, which is due to getting in during the construction phase. You'll be able to exit the investment at the 36-month mark, although we may allow it sooner with the live trading feature we're building in the app. So in short, October 2023. (This offering here has a 12-month lockup, per Reg CF securities law.)
- Q: $100 investment not going through
  - A: It was $100 at first, $250 now for this limited offering. For future reference, make sure you’re part of our investor TRIBE so you can get access to the early-bird perks first.
- Q: Min is $250??? Please update to $100
  - A: $100 was early, it’s $250 now. Max. 1000 slots only. Our next offering will have $100 so be patient, get on the waitlist and you’ll get in there. 👍
- Q: Is the minimum to invest $100 USD or is it $10,000 USD? Which is it for the upcoming new deal in NY- Brooklyn triplex??
  - A: Hi George, Thank you for your question! For the upcoming New York-Brooklyn triplex deal, the minimum investment is $100 USD, with Early Bird incentives for investments of $500+ to the first $100,000 invested. It's a great opportunity to get in early! If you’d like more details or assistance with your investment, feel free to schedule a call with us here: https://calendly.com/nyceco/investor-success-check-in Best regards, NYCE Team
- Q: I have tried to contact NYCE and the Temple I investment team to cash out my investment. The NYCE app does not have a contact feature and the chat is closed unless you pay. Additionally, the investment company they link to says they do not have a relationship with NYCE or Temple I. How do I cash out as is promised in the investor agreement?
  - A: Hi Anthony, Thank you for reaching out, and we appreciate your patience. We’ve been in communication regarding your request, and I’m glad to let you know that it has been addressed. If you have any further questions or need assistance, feel free to schedule a call with us here: https://calendly.com/nyceco/investor-success-check-in We’re here to help and look forward to assisting you with any other inquiries. Best regards, NYCE Team
- Q: Nyce verified .. am I approved for this??..
  - A: Hi George, Thank you for reaching out again. As we’ve mentioned in our previous responses, you are indeed approved for NYCE Verified. If you have any further questions or need assistance with anything else, feel free to schedule a call with us here: https://calendly.com/nyceco/investor-success-check-in We’re always here to help and appreciate your ongoing interest. Best regards, NYCE Team
- Q: Is this investment open to U.K. residents?
  - A: Yes, it's open to the whole world, with a few exceptions. But yes, you should be able to join.
- Q: good morning. Is it possible to speak to someone that can help me understand how to leverage this to be a part of the millionaires you envision creating?
  - A: You can join our TRIBE community app. You can connect with the team in there, speak with other investors, other professionals and more. join.wealthtribe.co
- Q: I will confirm and finalize my payment on this Thursday coming definitely..!@ .....
  - A: Hi George, Thank you for your message. If you still need assistance with confirming or finalizing your payment, feel free to reach out at any time. You can also schedule a call with us here: https://calendly.com/nyceco/investor-success-check-in We’re here to help with any questions or next steps! Best regards, NYCE Team
- Q: When will the funding campaign end?
  - A: Hey! We’re filing Form C next week so a couple more weeks.
- Q: Philip how long are you planning to keep temple 1 raise open? I see you need $250k to complete series.
  - A: Hi James, Yes, we have $250,000 we can offer in ownership in this one. We’re targeting next week for our Form C. We’re oversubscribed on commitments right now but we will be taking reservations still to allow for drop-offs, failed payments and so on. Next week is the target! Thanks, James.
- Q: Just reserved waiting on credit card payment type. Will this raise dilute holders' positions who invested in the original raise on Republic?
  - A: Hey Kenny. Super annoying, I'll check with wefunder. Shoot them a note too and reference this! In the meantime, just use another way because there likely won't be much time. In the future we’ll make sure it's there! Re: dilution, percentage wise yes. That's a given with financing on an asset. Dollar wise, the investment goes up. The expected liquidation amount will be around 2x gross once it hits trading. Remember: % isn't a currency, $ is.
- Q: How long will this round be?
  - A: Hey George! Not too long. It’s halfway sold out. 👍
- Q: Hi Philip, Your May 24th email noted that the early-bird discounts would be $2.47M valuation cap and perks. I registered on the waitlist on Tuesday and again on Thursday but the offer on Wefunder shows a valuation of $2.6 million. Was that intentionally changed? I would love to invest. Thank you!
  - A: Hi A. Silvera, Thank you for reaching out! To clarify, the early-bird discount offered a valuation cap of $2.47M for those who signed up early. This means early investors got a deal at a lower price. Now that the early-bird period has ended, the valuation cap has been raised to $2.6M, so anyone investing now is buying in at a slightly higher price. If you have any more questions or would like to chat about it further, feel free to schedule a call with us here: https://calendly.com/nyceco/investor-success-check-in We’re here to help! Best regards, NYCE Team
- Q: Hi phillip do investors get dividends from this
  - A: You get the returns/compounded growth and then you’ll be able to trade your shares on the app in 12 months (earliest legally allowed by SEC). So no, no dividends, you get the returns. We may decide to make quarterly distributions once it trades but it’s not in the cards prior to that. We do have a dividend-paying NYCE Airbnb offering for cash-flow investors coming next to have that in the portfolio. TEMPLE I investors (and our NFT holders) get first in line for that one.