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arvis Invest Inc. Launches Parvis Direct Access Fund, Targeting $60 Million in Investments

    Vancouver, British Columbia--(Newsfile Corp. - January 21, 2025) - Parvis Invest Inc., a technology-driven private investment platform, has introduced the Parvis Direct Access Fund (PDAF), offering diversified exposure to institutional-grade real estate opportunities. The fund aims to raise $60 million and provides eligible investors with access to top-performing projects led by marquee developers.

    Historically, private real estate investing was limited to institutions or high-net-worth individuals. The PDAF disrupts this model by allowing accredited investors to benefit from long-term growth potential in multifamily housing, mixed-use developments, hospitality, and other sectors. "Real estate is a cornerstone of wealth creation, yet the best opportunities have often been out of reach for most Canadians," said David Michaud, CEO of Parvis.

    The fund follows a strategic allocation plan, targeting 60% multi-family, 20% hospitality, 15% mixed-use, and 5% industrial projects. Geographically, it's concentrated in Canada's high-growth regions, with 40% in Ontario, 20% in British Columbia, 20% in Quebec, and 10% in other provinces.

    Parvis brings unique market expertise to the PDAF, leveraging its role as an Exempt Market Dealer (EMD) and operator of Canada's premier real estate platform. The team evaluates opportunities that align with evolving market trends, targeting long-term growth potential and risk-adjusted returns.