Parvis Broadens Access to High-Quality Private Investments in Atlantic Canada via Partnership with Keystone Capital
Vancouver, British Columbia--(Newsfile Corp. - July 12, 2024) - Parvis Invest Inc. (TSXV: PVIS) ("Parvis" or "the Company"), a technology-driven private investment company dedicated to democratizing access to institutional quality private investments, proudly announces the expansion of its operations into Atlantic Canada welcoming a new Halifax based client, Keystone Capital Group Ltd., ("Keystone") a private lender based in Halifax which offers private residential mortgages across Atlantic Canada.
"We are excited to announce the expansion of Parvis in Atlantic Canada," said David Michaud, Founder and CEO of Parvis. "Our vision has always been to empower Canadians with innovative investment solutions previously reserved for institutional investors. This expansion allows us to further our commitment to providing accessible and diverse real estate investment opportunities to individuals nationwide."
With its expansion into Atlantic Canada, Parvis reinforces its position as a leading private investment marketplace, expanding its portfolio offerings to include a wide array of investment products, from residential to commercial mortgages. This strategic move underscores Parvis' dedication to fostering a robust investing ecosystem that caters to the evolving needs of its growing investor base.
Keystone is a non-bank private lender that provides an alternative for Atlantic Canadian homebuyers and homeowners to banks, monoline lenders and credit unions. Keystone sources short-term mortgage financing opportunities through licensed mortgage brokers, secured to residential and multi-unit properties across Atlantic Canada, primarily through 1st position mortgages. Keystone's management boasts 25+ years experience in the Canadian mortgage space. Keystone is establishing Keystone Mortgage Investment Corporation, which should be live prior to the end of 2024.
Parvis' expansion in Atlantic Canada marks a pivotal moment in its journey to redefine real estate investment in Canada. By leveraging technology and strategic partnerships, Parvis continues to shape the future of real estate investing, making it more inclusive and transparent for all Canadians.
About the Company
Parvis is a technology-driven real estate investing platform. Focused on broadening access to institutional quality investment opportunities, Parvis promotes greater access in this historically inaccessible and illiquid asset class. Enabled by AI and blockchain technology, Parvis makes finding, tracking, and maximizing investments an experience that is both frictionless and empowering. Parvis, headquartered in Vancouver, employs experts in Toronto, Vancouver, Kelowna, and Montreal. Additional information about Parvis is available at www.parvisinvest.com and on SEDAR at www.sedar.com.
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