Hahnemann Hospital Redevelopment for Veterans
The Snapshot
Security Type
Common Stock
Investment Duration
12-18 months
Cash on Cash Return
8%
Profit-Share
30%
Reason To Invest
Investing in this project offers a unique opportunity to address critical healthcare and housing needs for veterans by replacing a distressed VA facility with a valuable community resource. With the potential to significantly increase property value through government-funded improvements, this venture provides a diverse range of services, including medical care, housing, and rehabilitation, thereby enhancing project viability and community impact. Strong government support and funding further mitigate financial risks, making this a compelling investment option.
The North Broad Street corridor in Philadelphia is undergoing a remarkable transformation, marked by significant growth and revitalization. The surge in commercial, residential, and institutional development has been driven by strategic investment capital, seizing opportunities to adapt historic properties for modern uses, while also identifying prime locations for new development. This robust growth has transformed Broad Street into a thriving corridor and vibrant community.
The introduction of new commercial, retail, entertainment, recreational, and residential spaces has not only expanded housing options but also increased access to a diverse array of stores, employers, entertainment venues, and recreational facilities. The redevelopment of previously vacant and historic buildings throughout the corridor stands as a testament to preserving the history and diversity that make this area uniquely vital within the City of Philadelphia.
Investing in a hospital along the North Broad Street corridor is an unparalleled opportunity. This investment not only aligns with the ongoing revitalization efforts but also meets the increasing demand for quality healthcare services in a rapidly growing community. The strategic location offers easy access to a broad population base, ensuring high patient volume and community engagement. Additionally, the hospital will benefit from the synergy of being part of a bustling, dynamic area, enhancing its visibility and accessibility.
This is more than an investment; it’s a commitment to honor and serve those who have protected our freedom. The new hospital will set a new standard in veteran healthcare, and with your support, we can ensure that every veteran receives the highest level of care.
The Pitch
Invest in the Hahnemann Hospital Redevelopment project for Veterans and secure your stake in the revitalization of a historic landmark. By purchasing Common Stock, you’ll own a share in this transformative venture, entitling you to a portion of the monthly net income, distributed quarterly.
Our commitment to transparency ensures that proceeds from rental income and government funding sources are promptly disbursed to shareholders, typically within 30 days after each quarter.
- 30% of distributions going to Shareholders (represents approx. $18.2M available for distribution to investors)
- 70% to the Sponsor
- Up to 8% cash flow returns
At the heart of our nation are the brave men and women who have served in our military. Now, there’s a unique opportunity to give back to those who have sacrificed so much. We are launching an initiative to build a state-of-the-art hospital designed exclusively for veterans, and we’re inviting you to be part of this transformative project.
The Offering
The Company is engaged in an offering under Regulation CF (where anyone can invest), which we refer to as the “Reg CF Offering”. The maximum amount we wish to raise in this Reg CF Offering is $5,000,000.00.
We will not complete the Reg CF Offering unless we have raised a total of at least $124,000 (minimum goal) by September 30, 2024. If we haven’t, both offerings and all investment commitments will be canceled, and all committed funds will be returned.
The minimum investment amount in the Reg CF Offering is $500. Investors can cancel their commitment up until 11:59 pm on September 28, 2024 (2 days before the target date). After that, any funds raised will be released to the Company and Investors will become members of the Company. The Company may decide to change the offering deadline but will provide at least five days’ notice of such a change to all Investors. Investors will also be notified and asked to reconfirm their commitment if any other material changes are made to this offering.
Documents
The Company
America Asia Africa Consulting Corporation (AAACC) is headquartered near the Washington, D.C area and was incorporated in the year of 2005. AAACC is a consulting firm that is committed to issues of importance that directly impact developing nations. The mission is to help emergent nations with matters such as infrastructure, economic development, education, and investment promotion. The founder recognized an opportunity to provide a needed global service given her expertise in business development projects around the world. Using her expertise and years of experience in international trade and management experience, AAACC has been able to successfully aid companies around the world in a wide array of projects. These projects range from infrastructure ventures like oil and gas drilling in the Sub-Saharan African region, worldwide sourcing and distribution of Personal Protective Equipment (PPE), and proposals for innovative technologies such as: engine oil additives, fertilizer, and hot commodities like gold.
The President and CEO, Ms. Chiu-Ling Wang, has more than 30 years of experience in this field. Her ability to proficiently speak English, Mandarin, Taiwanese, and Cantonese has skyrocketed the companies capabilities even further and has made a tremendous impact in developing nations worldwide.
AAACC will acquire 6 parcels in Philadelphia, PA. The parcels have exceptional frontage on Broad Street, the main north/south arterial in Philadelphia, and benefit from immediate access to the major thoroughfares of Interstates 676, 76, and 95. When combined with the size and favorable CMX-5 zoning, the sites represent an opportunity to redefine a prominent part of the Philadelphia skyline.
Past Partners & Clients
The Strategy
Optimization and Renovation Plan:
- Assessment and Planning
- A thorough evaluation of the current state of the properties will be conducted. This includes structural integrity assessments, utility evaluations, and identifying areas for technological upgrades.
- A detailed renovation plan will be developed, focusing on enhancing the efficiency, functionality, safety, and aesthetic appeal of each property.
- Infrastructure Upgrades
- Implementation of cutting-edge technology for energy efficiency and smart system upgrades.
- Modernization of interior spaces with high-quality materials and design to provide a comfortable and appealing environment.
- Hospital and Low-Rise Buildings
- The hospital will receive specialized attention to ensure it meets current healthcare standards. This includes upgrades to medical facilities, patient rooms, and support areas.
- Low-rise buildings will be optimized for various potential uses, from office spaces, retail areas, multi-family residences, to hotels, these buildings can potentially accommodate a wide range of tenants.
- Parking Lots
- Parking facilities will be revamped to maximize space utilization and incorporate modern parking solutions such as automated systems and electric vehicle charging stations.
Post-Renovation Leasing:
Upon completion of the renovation and optimization process, the parcels will be made available for rent. While the identity of the prospective tenant remains confidential during the acquisition phases, it will be disclosed once the properties have been successfully acquired. This tenant is expected to bring significant value to the area, leveraging the newly enhanced facilities for their operations.
Timeline and Milestones:
- Acquisition Phase: Target completion within approximately 6 months of the completed capital raise.
- Renovation Phase: Expected to commence immediately post-acquisition, with an anticipated duration of 18 – 24 months
- Leasing Commencement: Following the completion of renovations, with tenant disclosure at that time.
This project represents a significant investment in the local infrastructure, with a focus on modernizing and optimizing the existing properties to attract high-quality tenants and enhance the overall value of the area. The comprehensive renovation plan ensures that all properties will meet the highest standards of quality and functionality, positioning them as prime real estate assets in the market.
Potential Tax Credit Opportunities:
- Low-Income Housing Tax Credit (LIHTC)
- Historic Tax Credit (HTC)
- New Markets Tax Credit (NMTC)
- Pennsylvania Housing Tax Credit (PHTC)
- Energy Efficiency Tax Credits
The Market
The Management Team
Chiu-Ling Wang
President & CEO
Ms. Chiu-Ling Wang, President and CEO of AAACC, brings over 30 years of experience to the field. Fluent in English, Mandarin, Taiwanese, and Cantonese, she has significantly enhanced the company’s global impact. Leveraging her expertise in international business development, AAACC supports diverse projects worldwide, including infrastructure initiatives in Sub-Saharan Africa, global PPE distribution, commodities, and innovative technology proposals.
Advisors, Contractors & Consultants
Legal Advisors:
- Venable, LLP
- Sidley Austin, LLP
Marketing Firm
- SSG Capital Advisors, LLC
- Sidley Austin LLP
Coordinating Firm
- Phoenix Group
Engineering & Architecture Firm
- To be named
Special Advisors
- Sam Levinson
- Ralph Edwards
- Dr. L. Stanzione
How Investing Works
The Disclosures
Any investment has risks and potential loss of funds. Secure Living does not guarantee specific gains from any particular investment. You are solely responsible for deciding whether an investment is appropriate based on your personal investment objectives, financial circumstances, and risk tolerance. By engaging in crowdfunding activities, the issuer acknowledges and agrees that it is permitted to provide compensation to third parties for the promotion of its crowdfunding offerings through communication channels facilitated by Secure Living. However, this permission is contingent upon the issuer taking diligent and reasonable steps to guarantee that any promoter involved explicitly discloses the nature and extent of the compensation received in conjunction with each communication made.
Secure Living charges fees in connection with the sale of securities on our platform. Secure Living will charge Issuers who complete their capital raise a range of compensation types (e.g., flat fee, platform fee, and/or equity fee in the form of commission). The flat and platform fee will be paid when the successfully funded campaign ends. Any securities paid to Secure Living, if any, will be of the same class and have the same terms, conditions, and rights as the securities being offered and sold by the Issuer on our platform. All fees paid to Secure Living in connection with the offering and sale of securities are nonrefundable unless in its sole discretion determines that a refund is appropriate.
You may cancel your investment 48 hours before the offering end date.
