A Proptech, Fintech, & Consumertech Emerging Growth Company Encompassing Real Estate, Technology, Financial Services, & Consumer Goods based in Los Angeles
HAPPY NEW YEAR & Welcome! As a startup homebuilding proptech, we are excited in 2022 for the re-launch of our new 3 Model Homes (see renderings). For FY 2021, our SEC qualified $50,000,000 Regulation A+ Tier II Fund ended its’ 12 month run as of July succumb to the devastion of Covid-19 on our operations, stock and equity fundraising. Not deterred, for FY 2022, we are re-launching via “testing the waters,” for our 2nd Fund for $75,000,000 after Audit & SEC qualification, to continue our impact for affordable housing, addressing homelessness, providing upscale homes for the middle class, and new jobs and businesses.
REAL ESTATE PROJECTS TO BE DEVELOPED, WHICH YOU WILL OWN AS STOCKHOLDERS IN THE CO.!
Single Family Homes
BUILD-TO-RENT: Building single family homes "for rent" as well as "for sale" will be the bedrock of what we do. As a proptech, we intend to help all Americans, who want a small starter home, afford one. One of the goals is developing 5,000 homes yielding $500,000,000. To achieve this benchmark, Gilmore will sell its MODERN Homes for $99,900 and rent for $999 per month with lease, for a new 2-story, 3 bedrooms, 2 bathrooms, living/dining/kitchen combo, around 999 square feet, total electric. Moreover, our company is introducing its second model Modern Home that will be a tiny 1-story, 599 square feet, 3 bedrooms, 2 bathrooms, all electric with SMART and GREEN features, at a price point of $69,900. Through Gilmore Loans, our fintech, our company will finance our homes in-house, over 5, 10 and 15 years ONLY. The goal is to ensure that consumers can afford the homes as well as stay in the homes. With 3.5% down, 3% interest (regardless of credit*), over 15 years, our $99,900 mortgage notes will be $550 plus $245 interest per month, totaling $795, for example. As a company, the first phase involves building 1 to 1,000 homes as rentals in Los Angeles, California & Atlanta, Georgia, with plans to scale around the United States.
Multifamily Apartments
Developing multifamily apartments will be the next nexus of our existence as a company. In Los Angeles and around the United States, affordable housing is a serious issue, not only gentrification. Many Americans feel left out of the equation. At Gilmore's apartments, townhomes and condominiums, one of of the goals will be to ensure that all income levels are represented. While financial returns are important to our investors, so is social good and impact. Through our non-profit stakeholder/organizer, the Hattiesburg University Foundation, building affordable housing blended with literacy and educational opportunities will be important benchmarks in our development underpinnings and as a company.
Highrises and Hotels
The heart of every city is its' downtown location. Skyscrapers and hotels' edifices define the aesthetics of luxury living and staying. In Los Angeles and select major cities, our proptech will build branded high-rises and hotels such as GILMORE TOWER and THE MICAL GILMOUR HOTEL & RESIDENCES, both with Rolls Royce services. These two asset classes have always defined the landscape of downtown juxtaposed intown living, dining, staying and shopping. Our projects will blend residential, retail, restaurants, hospitality and leisure as mixed use developments.
New Retail Stores and Restaurants
Retailers and restaurants play an important role in the American economy. Despite the constant news of many iconic stores and eateries closing their doors prior to and after the Coronavirus, apparel, shoes, electronics, furniture, beauty products, food, beverages, etc., still are relevant to the consumer juxtaposed the consumption of the worlds' economies. As a company, we rest not on our laurels of founding 85 plus companies, but in ensuring that our concepts benefit our investors with an excellent return on investment. Moreover, many concepts that our company will launch include CAN YOU SPARE A DOLLAR? Chain of $1.00 Stores featuring SPARE DOLLAR CAFES' $1.00 menu items including hot food, and a large selection of fresh fruits and vegetables from our future farmers and vendors. Dollar stores notwithstanding, our company will also launch upscale Department stores such as GILMO GILMONI, GILMOUR MICAL, GENTLEMEN, PREPS & YUPPIES, AND LORD, JULY & CHRISTMAS. In our residential and commercial subdivisions, our company will also feature GIL*MART, a big box, general merchandise retailer that will anchor some of our developments, particular in food deserts around the United States. Through our various asset classes, the goal is to provide a diverse portfolio and par excellent returns to investors.
Shopping Centers
Shopping centers still are important to the livelihood and vibrancy of neighborhoods. Our company will build and manage shopping centers around the United States including two indoor, enclosed independent malls, such as the rebirth of the Mall of Mississippi (MOM), the Mall of Atlanta, Georgia (MOAG) and Mall of Los Angeles (MOLA) (inside Gilmore Tower). Moreover, all of our shopping centers will be mixed use developments featuring our brands. We will also build open air centers and strip malls incorporating housing, in many developments. As an investor and owner, our company will provide various revenue streams and asset classes, as lamented, which to participate.
Other Goods, Businesses, and Services such as a Bank, Radio & TV station, Car Manufacturer, etc.
As a diverse, collective holding company, Gilmore Homes - Gilmore Loans, LLC will launch (pending the success of our Regulation A+, Tier 2 Offering), many goods, businesses and services. One such example is MICASU, GILMORE & WUNG bank, a future regulatory and depository, full-service community and investment bank, once qualified and application submitted to the FDIC, and our other project GILMO GILMONI, a luxury automobile manufacturer of cars and SUV's, both gas and electric. Other business underpinnings include a 24 hour cable television station TV HIP HOP, chain of affordable laundromats (and wash rooms, open to the public and homeless with secured showers and security on duty), our private label VISA & MASTERCARD, magazines, higher education institutions, etc., many apart of our Regulation A+, Tier 2, and a few not such as our Bank, which requires FDIC regulatory government approval. The goal for all of our companies is to become a BILLION DOLLAR brand and business within the next 5 years. With our investors and equity partners, the dream can become a reality.