-
Notifications
You must be signed in to change notification settings - Fork 0
Real Estate Tokens
CASATX -- Casa Cascade is a commercial single family property acquired to rent. Loci Bell tokens are standardardized smart contracts called Loci CMBTs. Each day, Loci Bells grow token principal tax-deferred.
Coupon rate * Ticker Symbol
- 2.0% 30LBCASATX20240215
- 2.5% 60LBCASATX20240215
- 7.0% 90LBCASATX20240215
Each contract corresponding to a particular CMBT will be unique. Contracts will become available in the coming weeks.
MS160TX -- Mammoth Springs is a commercial multifamily development project ready for design and planning
Coupon rate * Ticker Symbol
- 3.0% * 30LBCASATX20240215
- 3.5% * 60LBCASATX20240215
- 7.0% * 90LBCASATX20240215
Loci Bells are software secured mortgage tokens. Each day, Loci Bells grow token principal tax-deferred.
111 million $1 face value ($1 LUSD) Loci Bells were initially originated on June 11, 2021 in 3 tranches by the mutual borrower. Initially, Loci Mutual collected approximately 105 million of the Bells as proceeds for selling the Loci Bell software assets to the mutual borrower.
The 111 million Loci Bells were originated in three tranches, each with a unique coupon rate of growth.
Coupon rate * Ticker Symbol
- 6.0% * 30LB20240611
- 8.0% * 60LB20240611
- 10.0% * 90LB20240611
Each contract corresponding to a particular CMBT will be unique. Contracts will become available in the coming weeks.