We are excited to announce a major milestone for LEX and our community of investors. LEX closed our first-ever publicly available offering, the 286 Lenox IPO in New York City.
Thank you to all of our investors who participated in this unique offering. You’re part of a community of thousands of investors who are taking advantage of the benefits of commercial real estate investing through LEX.
If you didn’t participate in the IPO but are interested in investing in 286 Lenox and owning a piece of New York City, you are now able to buy and sell shares of the property on our secondary market platform.
The asset will trade under the ticker symbol TESLU.
We are democratizing the commercial real estate asset class and providing our investors unique opportunities to diversify their investment portfolio beyond stocks, bonds, and crypto, providing an opportunity to unlock the benefits of direct real estate investment.
With LEX you can earn passive income through distributions, hedge against inflation, and receive beneficial tax treatment.
As with all LEX offerings, now that the IPO has concluded, you are able to buy and sell shares of 286 Lenox on our secondary market platform.
On behalf of the building’s sponsor, Regal Acquisitions, and the team at LEX, thank you!
Interested in exploring our next offering in Seattle’s Capitol Hill neighborhood? You can find more details on our upcoming SOLIS IPO here.
Want to learn more about our product, mission, or the many benefits of investing in real estate? Explore our education portal:
There are no lockups or hold periods. Liquidity is not guaranteed. Diversification does not eliminate the risk of experiencing investment loss.
Important: California residents are temporarily restricted from trading TESLU pending a state regulator’s review of TESLUs trading eligibility unique to the state of California. We will notify California residents as soon as they are able to trade. We expect this California restriction to last a few days.
LEX Markets does not provide tax, legal or accounting advice. Potential investors are encouraged to consult with professional tax, legal, and financial advisors before making any investment into a securities offering. This investment may not be suitable for all investors. Distributions and liquidity not guaranteed. Property performance and performance of property tenants not guaranteed. Diversification does not eliminate the risk of experiencing investment loss.
July 4, 2023
