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About Neighborhood Ventures

Neighborhood Ventures is Arizona’s first real estate crowdfunding company. Founded in September 2017, Neighborhood Ventures is led by multifamily brokerage veteran John Kobierowski, former Goldman Sachs tech analyst Jamison Manwaring, and noted interior designer, Rocky Petersen. Neighborhood Ventures offers a platform for non-accredited investors in Arizona and accredited investors nationwide to invest in commercial real estate projects in greater Phoenix. For additional information, visit neighborhood.ventures

Media Contact:

Elaina Verhoff, Elaina V. Public Relations
elaina@elainavpr.com
cell: 602-214-5757

Team Bios

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Jamison Manwaring

Jamison Manwaring is Co-founder, Managing Partner, and CEO of Neighborhood Ventures. In 2020 he was selected as Phoenix Business Journal’s 40 under 40. Before Neighborhood Ventures, he served as the Vice President of Investor Relations at LifeLock and assisted the company in its successful sell to Symantec in February of 2017. Before LifeLock, Jamison was a technology analyst at Goldman Sachs where he participated in over a dozen software IPOs including Tableau, Alarm.com, and LifeLock. Jamison graduated from the University of Utah with a BS in Finance.

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John Kobierowski

John Kobierowski is Co-founder, Managing Partner, and President of Real Estate at Neighborhood Ventures. He also co-founded ABI Multifamily in September 2013. In 2020 he became a contributing member of the Forbes Real Estate Council. John has over 25 years of commercial real estate experience. He bought his first small apartment building while still in college.

Over the course of his career, he has personally closed over 1,400 multifamily transactions, developed over 800 condominium units and owned over 1,000 apartment units, homes and condos. Prior to founding ABI, he was a founding adviser of Hendricks & Partners (Berkadia). John graduated from Arizona State University with a Bachelor of Science – Liberal Arts with a minor in Business and a concentration in Engineer and Architecture. In addition to being the co-founder to Neighborhood Ventures, to top local executive at ABI Multifamily, he owns The Grid. Works co-work space in Uptown Phoenix.

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Rocky Petersen

As Vice President of Investor Communications & Design for Neighborhood Ventures, Rocky is involved in each project from beginning to end. She lends a valuable point of view when considering potential properties. She builds the conceptual design plan and then assists during the construction phase in implementing aspects of the design that make each Venture property standouts in the multi-family sector.

Honored as a Foothills Magazine Trendsetter, she maintains her private design firm while adding her discerning eye to the overall look and feel of Neighborhood Ventures’ properties. She graduated with BA in English Literature and a BA in Political Science from Arizona State University.

She has 4 young kids, a significant tennis obsession, and a deep love for the chipotle cherry taco at Taco Guild.

In the news

PNX Business Journal

Neighborhood Ventures has purchased several apartment properties around the region and is raising money to buy an East Valley retail development.

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Neighborhood Ventures, the nation’s largest community-based real estate investment company, is pleased to announce the sale of two properties. Venture on Wilson, a 12-unit apartment building in downtown Tempe closed on April 13 for a purchase price of $2.1 million / $175,000 per unit. Venture on Marlette, a 14-unit apartment complex in Uptown Phoenix, closed on April 20 for a purchase price of $3.562 million / $254,428 per unit. Each of the Arizona residents who invested in the projects received a 12% preferred annual return on their investment when the property sold.

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The Venture on Williams project was opened to current Neighborhood Ventures investors and 88 put in a total $750,000 into the venture. Now, Venture on Williams is opening the project up to the public to raise a total $1.1 million.

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Neighborhood Ventures, the nation’s largest community-based investing company, is hosting a happy hour event for their investors and those interested in learning more about investment opportunities with the company. The event will offer an opportunity to speak with those who have invested in projects over the past three years and hear from the company’s founders about upcoming opportunities.

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PHOENIX, AZ — Real estate crowdfunding company, Neighborhood Ventures, the nation’s largest community-based real estate investment company that offers non-accredited investors in Arizona the opportunity to invest as little as $1K in commercial real estate projects, is pleased to announce its sixth investment opportunity, Venture on Williams, a 20-unit apartment building located at 407 Williams Road, Mesa, AZ (Gilbert and University) near Downtown Mesa. The Spanish architectural style building includes 19 2-bedroom/2-bath units and one 3-bedroom/2-bath unit.

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PHOENIX, AZ — Real estate crowdfunding company, Neighborhood Ventures, the nation’s largest community-based real estate investment company that offers non-accredited investors in Arizona the opportunity to invest as little as $1K in commercial real estate projects, is pleased to announce its sixth investment opportunity, Venture on Williams, a 20-unit apartment building located at 407 Williams Road, Mesa, AZ (Gilbert and University) near Downtown Mesa. The Spanish architectural style building includes 19 2-bedroom/2-bath units and one 3-bedroom/2-bath unit.

                                 Read more

Arizona-based Neighborhood Ventures has launched a national investment fund for accredited multifamily community investors that are raising investment capital from local sources through crowdfunding. The new national fund will expand the firm’s platform and invite a new pool of investors to enter the Arizona multifamily market.

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When it comes to designing a smaller space such as a condo, townhome, or downsized single-family home, interior designers often agree on some basic principles.

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Apartment living is in high demand around North Central, where many new multi-family complexes are under construction and managers are leasing units at lightning speed.

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Arizona’s first real estate crowdfunding company, Neighborhood Ventures, has announced the first sale of one of its investment properties, Venture on 66th. The 8-unit apartment building in Old Town Scottsdale closed on December 23 for a purchase price of $2.1 million and was sold to a private investor. Each of the 87 Arizona-based investors received a 12% preferred annual return on their investment.

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Neighborhood Ventures, a real estate crowd-funding company, recently finished renovations at Venture at Villa Hermosa, a 14-unit apartment structure at 5740 N. 10th St. that included new landscaping, roofs, cabinets, countertops, flooring, doors, hardware and appliances, as well as exterior and interior paint. Villa Hermosa was leasing units, as of press time. Over the summer 165 Arizona residents invested $1 million in Venture at Villa Hermosa.

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After a 15-year career working in the nonprofit sector and seeing companies swoop in for a one-time volunteer event or participate in a big check presentation, North 32nd resident Lori Motola knew there was a better way for businesses and nonprofits to collaborate; one that could benefit companies and employees and create lasting change in local communities.

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One of the fun things about being a multifamily broker is helping clients buy their first small rental property, then continuing to advise them as they fix it up, sell it for a profit and work their way up toward more and larger rental units. Sometimes the fear of the unknown holds people back. But once they buy their first property, most investors I know hit their stride and never look back. I put together a checklist of things new investors should know when thinking of getting a rental unit for the first time. I wish I had someone give me this advice when I was getting started.

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Plenty of people have thought about investing in the hot Phoenix real estate market but aren’t sure where to begin or just don’t have enough money to make it happen. A local company called Neighborhood Ventures is giving Arizona residents an opportunity to get involved by buying a share of an apartment building in the Phoenix area with a minimum $1,000 investment.

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Neighborhood Ventures the nation’s largest community-based real estate investment company that enables non-accredited investors (people of all income levels) to invest in multifamily real estate projects, has announced its fifth investment opportunity. Venture at Mountain View, a 26-unit, two-story apartment building located near Mountain View Road and North 17th Avenue, was built in 1983 and has ten one-bedroom/one-bath units and sixteen two-bedroom/1-bathroom units.

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Neighborhood Ventures the nation’s largest community-based real estate investment company that enables non-accredited investors (people of all income levels) to invest in multifamily real estate projects, has announced its fifth investment opportunity. Venture at Mountain View, a 26-unit, two-story apartment building located near Mountain View Road and North 17th Avenue, was built in 1983 and has ten one-bedroom/one-bath units and sixteen two-bedroom/1-bathroom units.

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It’s been three years since Jamison Manwaring and John Kobierowski decided it was the perfect time to try something new in the world of multifamily investment and redevelopment. The pair founded Neighborhood Ventures, which utilizes “crowdfunding” to raise capital for redevelopment projects. The three-year anniversary of the company’s founding comes in a year in which Neighborhood Ventures is working on its fourth and largest project and has seen its vision embraced by 478 individual investors.

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ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western U.S., is proud to announce the sale of three apartment communities in the greater Phoenix area. Mountain Gate Apartments in Phoenix, adjacent to Paradise Valley Mall, sold for $22.25 million. Paseo 51 Apartments in Glendale, sold for $15.475 million. And The Stills in East Phoenix sold for $2.61 million. Details on each property follow.

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It’s been three years since Jamison Manwaring and John Kobierowski decided it was the perfect time to try something new in the world of multifamily investment and redevelopment. The pair founded Neighborhood Ventures, which utilizes “crowdfunding” to raise capital for redevelopment projects.

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Phoenix Business JournalMore than 230 people registered to attend the Phoenix Business Journal’s first virtual 40 Under 40 event. The Aug. 5 event marked the 20th anniversary of the Business Journal honoring 40 business leaders in the Valley under the age of 40. This year’s winners in the class of 2020 were selected by a panel of judges, including past winners, from more than 400 nominees.

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Phoenix Business JournalJamison Manwaring always dreamed of working on Wall Street. When he was in college, he flew back and forth between New York City and Utah, where he went to college, to make connections in investment banking. After getting a job in the industry, he worked in New York for four years but realized he wasn’t motivated to continue helping millionaires and billionaires accumulate more wealth.

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Phoenix Business JournalAlliances are important in corporate America, and nowhere may they be more important than for LGBTQ business owners. Those alliances with companies inside and outside of a business owner’s industry can provide any number of meaningful connections, everything from sales to insight and mentoring and meaningful discussions about the state of the economy.

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AZCentral LogoJamison Manwaring sought a way to merge his passion for real estate with an entrepreneur project driven by a community feel. When the real estate crowdfunding laws in Arizona changed and opened up the investment market in 2015, he got that opportunity. Manwaring ran with it when he and business partner John Kobierowski launched Neighborhood Ventures in 2017.

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AZ Business magazine has selected the 30 companies that will be honored at the first Arizona Business Innovation Awards. “We were overwhelmed by the number and quality of nominations,” said AZ Big Media Editor in Chief Michael Gossie. “With triple-digit nominations, selecting the 30 most innovative companies in Arizona for 2020 was tough, but it gave a sensational list of game-changing honorees.”

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Arizona residents looking to get in on the booming real estate market in Phoenix can invest as little as $1,000 in a new Neighborhood Ventures project, Venture at Villa Hermosa. The latest offering is a charming 14-unit property, located in Midtown Phoenix, that will be purchased, remodeled, and run as an Airbnb retreat. The target hold period for this investment is 2 years, with a preferred investor return of 12%.

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PHOENIX, AZ (February 14, 2020)—Arizona residents looking to get in on the booming real estate market in Phoenix can invest as little as $1,000 in the new Neighborhood Ventures project, Venture at Villa Hermosa. The latest offering is a charming 14-unit property, located in Midtown Phoenix, that will be purchased, remodeled, and run as an Airbnb retreat. The target hold period for this investment is 2 years, with a preferred investor return of 12%.

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While the old adage that experience is the best teacher may be true, it’s never a good idea to underestimate what energy, drive, and youthful imagination can accomplish, especially when it comes to the young business leaders shaping Arizona’s commercial real estate sector.

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Meet Designer at Neighborhood Ventures and In-house Design for Military Crashpad.

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PHOENIX (June 26, 2019)–Arizona’s first real estate crowdfunding company, Neighborhood Ventures, closed today on its third investment property, an eight-unit apartment building in Old Town Scottsdale. Ninety Arizona residents invested a total of $550,000 into the purchase of the property, which will be renovated with a plan to operate it as an Airbnb.

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Phoenix Business Journal

Arizona’s first crowdfunded real estate business is working on its second project through $600,000 collected from 124 investors.

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PHOENIX (October 18, 2018) – On the heels of its first successfully funded project, Arizona-based real estate crowdfunding company Neighborhood Ventures has announced its second investment opportunity. Thanks to new laws that have opened up commercial real estate investment to non-accredited investors, Arizona residents can now invest a minimum of $1,000 in projects once available to only the wealthy.

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You’ve heard of crowdfunding to help launch new companies, or help out after natural disasters, but how about to buy real estate? Thanks to new Arizona laws allowing this type of investment, a Phoenix group is giving it a try. They’re letting anyone invest in buying an apartment complex.

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Phoenix Business Journal

Arizona’s first crowdfunding real estate business funded its first project with time to spare. Neighborhood Ventures, the brainchild of Jamison Manwaring, a former Goldman Sachs tech analyst and Lifelock executive, and John Kobierowski, senior managing partner and co-founder of ABI Multifamily, raised $500,000 from about 100 investors to purchase an apartment complex in Tempe as the group’s first investment.

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The landscape of Greater Phoenix is going to change dramatically in 2018. Here are 40 innovative commercial real estate companies that are changing the shape of Arizona.

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Phoenix Business Journal

Neighborhood Ventures is raising money from public investors / shareholders for investments in apartment properties in the Phoenix metro area. The company has been formed by apartment real estate veteran John Kobierowski and former Goldman Sachs (NYSE: GS) tech analyst and Lifelock executive Jamison Manwaring.

Popular crowdfunding platforms like Kickstarter and GoFundMe.com have completely transformed the way donations, capital and investments are collected online. Now that same concept is starting to emerge as a trend in the world of commercial real estate.

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Press Releases


MEDIA CONTACT: Elaina Verhoff, Elaina V. Public Relations, elaina@elainavpr.com, cell: 602-214-5757

Chris Lacasse Joins Neighborhood Ventures as VP of Acquisitions

PHOENIX, AZ (April 30, 2020) — Neighborhood Ventures, the nation’s largest community-based real estate investment company, is pleased to announce that Chris Lacasse has joined the team as VP of Acquisitions. In this role, Lacasse will lead new retail property acquisitions as well as assist in multifamily acquisitions for the company.

Prior to joining Neighborhood Ventures, Lacasse held positions with private and institutional real estate investment organizations in Canada and the United States, and founded a boutique commercial real estate firm focused on adaptive reuse retail projects in Phoenix.

“Throughout his career, Chris has led the acquisition and disposition of over $1.5 billion worth of commercial real estate assets as well as overseeing more than 20 development projects,” says Neighborhood Ventures co-founder Jamison Manwaring. “Having Chris on the team will definitely help us reach the next level, as we continue to expand our investment opportunities.”

Lacasse says he was drawn to Neighborhood Ventures because he was looking for a strong success-oriented team.

“I actually was watching a Neighborhood Ventures video a while back, and I heard someone on the team say ‘If you want to go fast, go alone. If you want to go far, go together.’ That really resonated with me. After a few conversations with John and Jamison, it was clear the puzzle pieces fit together. I’ve been here for one whirlwind month, and we’ve got some exciting projects cooking that will be announced soon.”

Chris has been in Phoenix since 2012. He earned a Master’s Degree in International Real Estate from the University of Aberdeen (Scotland) and the University of Hong Kong, is a Chartered Property Finance & Investment Surveyor, a member of the Royal Institute of Chartered Surveyors, and a licensed real estate broker in the State of Arizona.

“Chris is joining us at the ideal time,” adds Neighborhood Ventures co-founder and ABI Multifamily President and CEO, John Kobierowski. “We were looking for someone who could help propel us to the next level, and there’s no doubt we found that person.”



MEDIA CONTACT: Elaina Verhoff, Elaina V. Public Relations, elaina@elainavpr.com, cell: 602-214-5757

Neighborhood Ventures Announces Real Estate Crowdfunding Investment Opportunity in Flagstaff

FLAGSTAFF, AZ (April 27, 2021) —Arizona residents looking to get in on the thriving real estate market can now invest as little as $1,000 in a new Neighborhood Ventures project, Venture on Elden. The first Neighborhood Ventures project to be located in Flagstaff, Venture on Elden, is a 16-unit residential apartment development located at 201 S. Elden, Flagstaff, Arizona, 86001, off the Historic Route 66 Highway and the I-40. The project was launched on April 22 and raised $1 million in the first 24 hours.

Venture on Elden is the eighth investment project to be offered by Neighborhood Ventures, a company founded in 2017 on the belief that everyone should have the opportunity to invest in commercial real estate projects, something that was once only available to wealthy, accredited investors prior to crowdfunding laws being passed.

“Our investors are seeking out real estate and other fixed assets that drive strong returns, and don’t suffer from the dramatic swings of the stock market,” says Neighborhood Ventures co-founder Jamison Manwaring. “Plus, they appreciate being able to drive by the projects they invest in, right here in their own state.”

Neighborhood Ventures Co-founder and President and CEO of ABI Multifamily, John Kobierowski, says the location of the property is ideal. “Venture on Elden is not only well-built, but the location is amazing. The property is located just off of Butler, and sits in between downtown and a new development that boasts some really great spots like Whole Foods, REI, Dutch Bros, and Pita Jungle.”

“There is so much potential at Venture on Elden,” adds Neighborhood Ventures Lead Designer, Rocky Petersen. “Updating paint, lighting, and fixtures, plus putting in new flooring, new kitchens and appliances will make a big impact. We will also be adding washers and dryers in all the units, and creating private patios for residents as well.”

The target hold period for the Venture on Elden project is three years, and investors will receive a preferred annual return of 12%. So far, Neighborhood Ventures has sold three investment properties. Venture on Wilson, a 12-unit apartment building in downtown Tempe closed on April 13 for a purchase price of $2.1 million / $175,000 per unit.  Venture on Marlette, a 14-unit apartment complex in Uptown Phoenix, closed on April 20 for a purchase price of $3.562 million / $254,428 per unit. Venture on 66th, an 8-unit apartment building in Old Town Scottsdale on December 23 for a purchase price of $2.1 million / $262,500 per unit, paying out $659,344 to 87 community investors. Each of the Arizona residents who invested in the projects received a 12% preferred annual return on their investment when the property sold.

Those interested in learning more about Venture on Elden should visit neighborhood.ventures and https://www.youtube.com/watch?v=QDoVgsbT9Ak.



MEDIA CONTACT: Elaina Verhoff, Elaina V. Public Relations, elaina@elainavpr.com, cell: 602-214-5757

Neighborhood Ventures Announces Sale of Venture on Marlette

PHOENIX, AZ (April X, 2020) — Neighborhood Ventures, the nation’s largest community-based real estate investment company, is pleased to announce the sale of Venture on Marlette, a 12-unit apartment complex with two and three-bedroom units located at 813 E Marlette in Uptown Phoenix. The property closed on April X for a purchase price of $X million and was sold to a private Arizona-based investor. Each of the Arizona residents who invested in the project received a 12% preferred annual return on their investment when the property sold.

Approximately X% of the total capital for the Venture on Marlette investment project came from 130 Arizona residents who each invested an average of $4,600 in the property.

Upon purchase of the property, Neighborhood Ventures completely renovated all 14 units over a period of six months. Renovations included upgrades to unit appliances, flooring, cabinetry, countertops, fixtures, and common areas. Upon completion of the renovation, rents were brought in line with the market.

Neighborhood Ventures was launched in September 2017 by Jamison Manwaring, a former tech analyst at Goldman Sachs and VP of Investor Relations at LifeLock, and John Kobierowski, a veteran in the apartment industry and senior managing partner of ABI Multifamily. The two partnered to create Neighborhood Ventures when new laws were passed that allowed non-accredited investors to become shareholders in Phoenix apartment projects with as little as a $1,000 investment.

Arizona residents interested in learning more about investing in their community can visit neighborhood.ventures to view current opportunities. Accredited investors in all 50 states now can invest in the Neighborhood Ventures Fund, which will co-invest in 5-10 projects with local Arizona investors.



MEDIA CONTACT: Elaina Verhoff, Elaina V. Public Relations, elaina@elainavpr.com, cell: 602-214-5757

Neighborhood Ventures Announces Sale of Venture on Wilson

PHOENIX, AZ (April 16, 2020) — Neighborhood Ventures, the nation’s largest community-based real estate investment company, is pleased to announce the sale of Venture on Wilson, a 12-unit apartment building in downtown Tempe. The property closed on April 13 for a purchase price of $2.1 million and was sold to a private Arizona-based investor. Each of the Arizona residents who invested in the project received a 12% preferred annual return on their investment when the property sold.

Venture on Wilson was the very first Neighborhood Ventures investment project to be offered when the company was launched in 2017. Approximately 31% of the total capital for the project came from 104 Arizona residents who each invested an average of $4,800 in the property.

Neighborhood Ventures brought this mid-century modern 12-unit apartment building back to its former glory by adding modern touches and creating a desirable urban community. Each of the twelve units were renovated over a period of four months. Renovations included upgrades to unit appliances, flooring, countertops, cabinetry, fixtures and common areas. Upon completion of the renovation, rents were brought in line with the market.

Neighborhood Ventures was launched in September 2017 by Jamison Manwaring, a former tech analyst at Goldman Sachs and VP of Investor Relations at LifeLock, and John Kobierowski, a veteran in the apartment industry and senior managing partner of ABI Multifamily. The two partnered to create Neighborhood Ventures when new laws were passed that allowed non-accredited investors to become shareholders in Phoenix apartment projects with as little as a $1,000 investment.

Arizona residents interested in learning more about investing in their community can visit neighborhood.ventures to view current opportunities. Accredited investors in all 50 states now can invest in the Neighborhood Ventures Fund, which will co-invest in 5-10 projects with local Arizona investors.



MEDIA CONTACT: Elaina Verhoff, Elaina V. Public Relations, elaina@elainavpr.com, cell: 602-214-5757

Venture on Williams Hits Target Raise in First 48 Hours

PHOENIX, AZ (March 15, 2020) — Neighborhood Ventures, the nation’s largest community-based real estate investment company, is pleased to announce its sixth investment opportunity, Venture on Williams, a 20-unit apartment building located at 407 Williams Road, Mesa, AZ (Gilbert and University) near Downtown Mesa. The Spanish architectural style building includes 19 2-bedroom/2-bath units and one 3-bedroom/2-bath unit, each at least 1,000 square feet.

The Venture on Williams project was opened to current Neighborhood Ventures investors over the weekend, during which time $749,000 was funded by 88 investors. Today the project opens to the public, with a target maximum raise amount of $1.1 million. The target hold period for this property is three years, during which time renovations will be completed, rents stabilized, and cash flow generated. Community investors receive a 12% preferred annual return on their investment when the property is sold.

“The response from our investors has been incredible,” says Neighborhood Ventures CEO Jamison Manwaring. “Each time we announce a new investment opportunity, the project funds more quickly, and Venture on Williams is no exception. Our investors, many who recently received their 12% annual return when we sold our Venture on 66th property, are excited to continue investing with us.”

“We are definitely in buying mode,” says Neighborhood Ventures President of Real Estate, John Kobierowski. “The real estate market is strong and there is a lot of interest in Arizona multifamily investments. I am fortunate to have the experience and connections in this industry to find and secure the best deals for our investors.”

Lead Neighborhood Ventures designer, Rocky Petersen, says there are extensive renovations planned for Venture on Williams. “This neighborhood will support higher rents, so we’ll be taking this ideally situated architectural gem and refreshing it with both interior and exterior upgrades.”

“We see huge upside potential in Venture on Williams, which is located in an ideal location near downtown Mesa,” says Kobierowski. “We expect this one to be fully funded pretty quickly.”



MEDIA CONTACT: Elaina Verhoff, Elaina V. Public Relations, elaina@elainavpr.com, cell: 602-214-5757

Neighborhood Ventures Launches National Fund for Accredited Investors 

PHOENIX (January 14, 2021 Neighborhood Ventures was created to change the way people invest in commercial real estate. Co-founded by John Kobierowski, who brings over 25 years of experience in Phoenix multifamily real estate, and Jamison Manwaring, a former equity analyst at Goldman Sachs and head of investor relations for a large public companyNeighborhood Ventures was launched in 2017 to give Arizona residents of all income levels the opportunity to invest in local commercial real estate projects through crowdfunding. In Decemberthe company launched the Neighborhood Ventures Fund, opening their projects to accredited investors across the country. 

“Over the past three years, we have successfully funded the purchase of five apartment projects in the Phoenix areaand we currently have over $16 million in assets under management,” says Manwaring. “The equity to fund these projects has come in part from over 600 Arizonabased investors. Now we’re excited to open our projects nationwide, expanding our investor base and letting others get in on the hot Arizona real estate market.” 

With the addition of national investment fund, Neighborhood Ventures will now offer two types of investments. The first, dubbed Community-based Investing, is a continuation of the crowdfunding model that allows all Arizona residents, whether they are accredited or non-accredited investors, to invest in properties with a minimum investment of $1,000. The new Neighborhood Ventures Fund is available to accredited investors in any state and the minimum investment is $50,000. The definition of an accredited investor is someone who has an individual net worth, or joint net worth with their spouse, that exceeds $1 million at the time of their investment (excluding the value of their primary residence) or someone who has income over $300,000 for the past two years.  

The Neighborhood Ventures Fund will coinvest with Arizona residents, or Community-based Investors, on select projects. Investors in the Fund will receive a target preferred annual return of 12IRR, and their investment will be pooled among 5-10 projects over a five-year closed period, scheduled to end in December 2025 

All Neighborhood Ventures investors are passive investors, meaning they are not directly involved with the purchase, renovation, or property management of the projects they are invest in. Instead, they get to follow along with regular video updates as the projects take shape, and participate in regularly scheduled investor meetings and events, both virtual and in-person. 

“Due to explosive population growth, a strong economy, and demand for rental housing far outpacing supplyArizona’s multifamily industry is hotter than ever — and there are a lot of opportunities for companies like ours, who understand the market,” explains Kobierowski. “Our team finds the right properties at the right price, renovates them on a budget, brings rents up to market rate, and ultimately sellthese properties for a profit. It’s a model that works, and it feels great to let others in on an opportunity that was once only available to an elite group.” 



MEDIA CONTACT: Elaina Verhoff, Elaina V. Public Relations, elaina@elainavpr.com, cell: 602-214-5757



MEDIA CONTACT: Elaina Verhoff, Elaina V. Public Relations, elaina@elainavpr.com, cell: 602-214-5757

Our Urban Village Launches Resident Garden in Uptown Phoenix

PHOENIX, AZ (December 7, 2020) — After a 15-year career working in the nonprofit sector and seeing companies swoop in for a one-time volunteer event or participate in a “big check” presentation, Lori Motola knew there was a better way for businesses and nonprofits to collaborate; one that could benefit companies and employees and create lasting change in local communities. Since launching her company in January, Our Urban Village has worked with partners to implement a public mural, coordinated a food distribution program, and teamed up with ASU to study the impact of public art. Her most recent project is the development of a resident garden at Villa Hermosa, a recently renovated apartment community in Uptown Phoenix.

In all partnerships, whether short term or long term, Motola says she works with clients to create a custom social responsibility strategy, then plan and execute impactful events or programs that align with that strategy.

“I was on the hunt for a forward-thinking developer willing to create an onsite garden. I was introduced to Neighborhood Ventures through a mutual connection who thought this crowdfunding real estate company could benefit from my input as they embarked on the renovation of Villa Hermosa, a 12-unit apartment building near 10th Street and Bethany Home Road,” says Motola.

Together, Our Urban Village and Neighborhood Ventures designed a garden that would enhance the property and serve as an engaging community focal point, improving the Villa Hermosa living experience and supplying fresh food to both residents and the community.

“Villa Hermosa isn’t your typical apartment building,” says Motola. “It’s actually owned in part by 165 Arizonans who collectively invested a total of $1 million to purchase, renovate, and ultimately sell the building for a profit. It’s part of the growing trend in a new investment opportunity: real estate crowdfunding, which I had never heard about until I got involved with Neighborhood Ventures.”

“With an apartment building that’s owned by the community, it only makes sense that we would want to create a sense of community for our residents as well,” says Neighborhood Ventures Lead Designer Rocky Petersen, who spearheaded the project with Our Urban Village. “I can’t say enough about Lori’s passion and drive. As a result of our working with Lori, we redesigned Villa Hermosa from a standard hardscape to include a community garden with a sitting area for residents to be able to enjoy nature’s bounty, even in an urban setting!”

The garden includes four irrigated raised planter beds that will be planted with seasonal vegetables, a grapefruit tree, lemon tree, and two orange trees. Residents will maintain the boxes, harvest what they can use, and Neighborhood Ventures will harvest and donate the remainder to local food banks.

“We’re excited about our garden, and it feels great to be a part of building better communities and stronger connections to our environment,” says Petersen.

About Our Urban Village
Using insider nonprofit expertise, Our Urban Village curates innovative corporate giving initiatives which develop new business, establish and affirm conscious brands, and fill community needs. From social media movements to onsite or virtual events, the company’s all-inclusive campaigns offer ideation, execution, strategic partners and tools to share the story. Or clients may opt to take a more active role in implementation with a DIY bundle. Either way, Our Urban Village handles the good so companies can handle their business.



MEDIA CONTACT: Elaina Verhoff, Elaina V. Public Relations, elaina@elainavpr.com, cell: 602-214-5757

Neighborhood Ventures Raises $1 Million from 165 Local Investors

PHOENIX, AZ (October 7, 2020) — This summer, 165 Arizona residents, some looking for an alternative to the volatile stock market, invested $1 million in Phoenix-based Neighborhood Ventures’ community-based investing project, Venture at Villa Hermosa. Since the company was founded in 2017, Neighborhood Ventures has funded a total of four properties, with a total investment of $2.65 million from 290 investors.

Neighborhood Ventures is the nation’s largest community-based real estate investment company that enables non-accredited investors (people of all income levels) to invest a minimum of $1,000 in multifamily real estate projects.

“This is a huge milestone,” says Neighborhood Ventures CEO Jamison Manwaring. “Over the past three years, when we first started the company, we’ve seen an increased interest in and understanding of community investing. People see the value in putting their hard-earned money into improving a property in their community while generating a 12% return. It’s pretty exciting to hit the $1 million mark with our latest investment project. And it’s even more rewarding to have connected with hundreds of individuals who want to be a part of what we’re doing here at Neighborhood Ventures.”

The most recently funded investment property, Villa Hermosa, is a 14-unit apartment building in the up-and-coming Uptown Phoenix neighborhood.

“We are extremely selective in the properties we buy,” explains Neighborhood Ventures President, John Kobierowski, a 25-year veteran of the multifamily industry in Phoenix. “Villa Hermosa is a true gem located in the heart of Uptown Phoenix, but it was a diamond in the rough – just the way we like it! The neighborhood, the condition of the property and the opportunity to realize an increased return made Villa Hermosa an ideal investment opportunity.”

Over the summer, the dated building received a much-needed renovation. included new landscaping, exterior and interior paint, new roofs, new cabinets, countertops, flooring, doors, hardware, and appliances. Now that renovations are nearing completion, the Neighborhood Ventures team is leasing units in this charming 14-unit Uptown Phoenix property located at 5740 N. 10th Street. Villa Hermosa leasing information can be found at https://ventureresidences.com/venture-at-villa-hermosa

“We truly gave these apartment homes a top to bottom re-do,” says Neighborhood Ventures lead designer Rocky Petersen. “Every design choice we made was intended to get a high end look on a budget. Elements like floor-to-ceiling backsplash in the bathrooms to black doors with chrome hardware stretch our investors’ dollars by making these homes special with high-impact, low-cost touches.”

Neighborhood Ventures expects to announce its fifth investment opportunity in late 2020.



MEDIA CONTACT: Elaina Verhoff, Elaina V. Public Relations, elaina@elainavpr.com, cell: 602-214-5757

Limited Opportunity Remaining to Invest in Uptown Phoenix Real Estate Crowdfunding Project 

Arizona residents can invest as little as $1,000 in 14-unit apartment building

PHOENIX, AZ (May 19, 2020) — Arizona residents looking for an alternative to the volatility of the stock market have a limited opportunity to invest in Neighborhood Ventures’ latest real estate crowdfunding project, Venture at Villa Hermosa, a charming 14-unit property in Uptown Phoenix. This is the fourth investment project offered by Neighborhood Ventures, Arizona’s first real estate crowdfunding company. 

So far, 112 individuals have invested a total of $647,000 of the total targeted investment amount of $750,000. The property has already been purchased, and additional funds raised will go towards the renovation of the units.

“We are hearing from new investors who have had real estate investment on their mind, and are ready to put their money into something tangible, as opposed to the more nebulous nature of the stock market,” says Neighborhood Ventures Co-Founder Jamison Manwaring, former equity analyst at Goldman Sachs and VP of investor relations at LifeLock. “With COVID-19 drastically impacting stock values in recent months, many are looking for a more stable investment. Real estate is a great alternative.”

This is the fourth project to be offered by Neighborhood Ventures, the first Arizona company to take advantage of laws that allow non-accredited investors to invest a minimum of $1,000 in Arizona real estate.

Neighborhood Ventures Co-founder John Kobierowski says he remains optimistic about multifamily real estate, even in the face of COVID-19. “We’re happy to be here in Phoenix and involved in multifamily real estate,” he explains. “We are at the right place at the right time. People are paying their rent to keep their homes, and the influx of people moving to the Valley from other states is accelerating because people want to be here. I think Phoenix is going to come out of this very strong.”

Those interested in learning more about real estate crowdfunding are invited to attend weekly Neighborhood Ventures informational online meetings taking place every Thursday at 2:00 p.m. The event is free and guests can RSVP at https://bit.ly/2yOZQqS. Attendees will receive a $10 gift card for lunch from Chick-fil-A.



MEDIA CONTACT: Elaina Verhoff, Elaina V. Public Relations, elaina@elainavpr.com, cell: 602-214-5757

Neighborhood Ventures Announces Real Estate Crowdfunding Investment Opportunity in Midtown Phoenix

Arizona residents can invest as little as $1,000 in 14-unit Airbnb property

PHOENIX, AZ (February 14, 2020) —Arizona residents looking to get in on the booming real estate market in Phoenix can invest as little as $1,000 in a new Neighborhood Ventures project, Venture at Villa Hermosa. The latest offering is a charming 14-unit property, located in Midtown Phoenix, that will be purchased, remodeled, and run as an Airbnb retreat. The target hold period for this investment is 2 years, with a preferred investor return of 12%.

The project was announced in January, and so far, 73 individuals have invested a total of $456,000 of the total targeted investment amount of $750,000. Jamison Manwaring, Neighborhood Ventures co-founder and CEO, says this is the second property the company is crowdfunding, renovating, and running as an Airbnb. 

“Our first crowdfunded Airbnb project, Venture on 66th in Old Town Scottsdale, has been completely renovated, and the eight-unit building has been booked consistently with short-term rentals. We are looking to duplicate this success with Venture at Villa Hermosa.”

This is the fourth investment opportunity to be offered by Neighborhood Ventures, the first Arizona company to take advantage of laws that allow non-accredited investors to invest a minimum of $1,000 in Arizona real estate.

“As with all Neighborhood Ventures projects, we were very intentional in our selection of both the property and the location,” explains John Kobierowski, who brings more than 25 years of commercial real estate experience to his role as co-founder and president of real estate of Neighborhood Ventures. “We plan to update cabinets, flooring, bathrooms, kitchens, and electrical, with no major structural renovations required in these two-bedroom, one-bath units. The location couldn’t be better. This quiet residential neighborhood feels secluded, yet offers the convenience of the nearby shopping and dining options of the 7th Street restaurant corridor and the Uptown neighborhood.”

Those interested in learning more about partnering with Neighborhood Ventures on this current investment opportunity are invited to attend Talk & Tacos event at 6:30 p.m. on February 19 at the Neighborhood Ventures office, located at 5227 N. 7th Street, Phoenix, AZ, 85257. The event is free and guests can RSVP at http://bit.ly/2SAT9hG.



MEDIA CONTACT: Elaina Verhoff, Elaina V. Public Relations, elaina@elainavpr.com, cell: 602-214-5757

Neighborhood Ventures Closes on Third Investment Property in Old Town Scottsdale

Strong investor response shows Arizonans are embracing real estate crowdfunding

PHOENIX (June 26, 2019) – Arizona’s first real estate crowdfunding company, Neighborhood Ventures, closed today on its third investment property, an eight-unit apartment building in Old Town Scottsdale. Ninety Arizona residents invested a total of $550,000 into the purchase of the property, which will be renovated with a plan to operate it as an AirBnB.

Scottsdale resident Audrey Hollander said, “I have been a real estate investor for much of my life. I renovated several properties and then rented them out and always had good success. But I don’t want to be a landlord anymore so working with Neighborhood Ventures has been perfect fit. I have invested in each of the projects and look forward to seeing the success of the Airbnb project near Old Town.”

Neighborhood Ventures was launched in September 2017 by Jamison Manwaring, a former tech analyst at Goldman Sachs and VP of Investor Relations at LifeLock, and John Kobierowski, a veteran in the apartment industry and managing partner of ABI Multifamily. The two partnered to create Neighborhood Ventures when new laws were passed that allowed non-accredited investors to become shareholders in Phoenix apartment projects with as little as a $1,000 investment.

Manwaring says the response to the Old Town project far surpassed the first two projects, with this third Neighborhood Ventures project fully funding in just three weeks, compared to six months for the first project and 60 days for the second.

“At first, people weren’t sure how real estate crowdfunding worked,” said Kobierowski. “They needed to see that our team knows how to buy the right properties in the right location at the right price, do smart renovations, and offer investment opportunities that make sense. Now that we’ve proven the model, the next step is to scale up. We’re looking at multiple properties now and expect to add several new projects by the end of the year.”

The company’s first investment opportunity, a 12-unit apartment project in downtown Tempe, closed in June 2018 and recently completed its renovation. The second project, a 12-unit apartment renovation in Uptown Phoenix, closed in December 2018 and renovations are in progress.

Additional information is available at neighborhood.ventures and youtube.com/neighborhoodventures



MEDIA CONTACT: Elaina Verhoff, Elaina V. Public Relations, elaina@elainavpr.com, cell: 602-214-5757

Arizona’s First Real Estate Crowdfunding Company Announces New Investment Opportunity

PHOENIX (October 18, 2018) – On the heels of its first successfully funded project, Arizona-based real estate crowfunding company Neighborhood Ventures has announced its second investment opportunity. Thanks to new laws that have opened up commercial real estate investment to non-accredited investors, Arizona residents can now invest a minimum of $1,000 in projects once available to only the wealthy.

Neighborhood Ventures is the first Arizona company to offer commercial real estate investment opportunities to non-accredited investors. The company’s new project, Venture on Marlette, is a 12-unit apartment complex with two and three-bedroom units located at 813 E Marlette in the popular Midtown Phoenix neighborhood in North Central Phoenix, on Marlette Avenue, west of 7th Street.

“Just 3 days after announcing the Venture on Marlette project to our current investors, we had over 50 investors participate and have already raised 1/3 of our target amount,” said Neighborhood Ventures co-founder Jamison Manwaring, a former technology analyst at Goldman Sachs and former VP of investor relations for Lifelock. “It’s clear there’s a strong demand for crowdfunding projects that let people invest in their communities.”

“Venture on Marlette is an ideal investment for multiple reasons,” says John Kobierowski, Neighborhood Ventures co-founder and managing partner of ABI Multifamily, a leading commercial brokerage in Phoenix. “Midtown Phoenix is quickly becoming an urban hotspot after undergoing remarkable rejuvenation with many new restaurant and retail venues. With a much-needed facelift and some modernizing touches, we will bring up the value of this ideally situated apartment complex.”

Neighborhood Ventures intends to renovate all 12 units over a period of six months, with plans to add new appliances in all units, and upgrade flooring, cabinetry, countertops, fixtures and common areas. Upon completion of the renovations, Neighborhood Ventures expects to bring all rents in line with the market and sell the Property within three years. The target preferred return for crowdfunding investors is 12% each year.

The company’s first investment opportunity, Venture on Wilson which closed in June 2018, is a 12-unit apartment project in downtown Tempe. A total of 104 people invested $500,000 in the purchase of this apartment complex near Tempe Town Lake. Remodeling is currently underway, with sale of the property slated for 2021.