AUSTIN, Texas, Nov. 12, 2020 (GLOBE NEWSWIRE) — Gold Gate today announced the launch of its high-end platform where high-net-worth individuals, professional athletes, family offices, and foreign investors can acquire fractional ownership in ultra-luxury real estate properties throughout the world.
“Our platform offers users more time, wealth, flexibility in where they live, and control over their lives,” states Dalton Skach, CEO and founder of Gold Gate. “Gold Gate is going to change the way that people live, invest, and travel forever. You don’t have to be confined to one property, in one location. Gold Gate offers the opportunity to become a citizen of the world.”
The online platform provides high-net-worth individuals around the world with the opportunity to acquire luxury real estate properties at a fractional level (1 to 12 months), for the purpose of property appreciation and personal use. A fractional ownership model, where one month equals one share, enables owners to easily acquire and exchange digital shares worldwide.
The platform provides investors with incomparable liquidity in their real estate investments through its exclusive secondary marketplace. Rather than purchasing one luxury property, users have the ability to buy shares, or months, in multiple homes, in different locations around the world, for the same price of one home.
Investors on the Gold Gate platform consist of family offices, foreign investors, professional athletes, celebrities, CEOs, corporations and other high-net-worth individuals. This platform is also ideal for ultra-luxury brokers, property owners, and developers throughout the world that would like to sell their luxury property in less than 90 days at market price and for a 0% fee.
Gold Gate began as a commercial real estate firm in May of 2020 and grew into the global real estate exchange that it is today, after a pivot in August 2020, to focus on bigger opportunities within residential real estate. “Originally, I was creating the Gold Gate platform to provide liquidity to investors in commercial real estate. I wanted to give investors the opportunity to enter and exit real estate investments at will,” offers Skach. “As I learned about the use cases for this technology, I realized there was a much bigger opportunity within residential real estate.”
Gold Gate plans to start featuring properties for investment in Quarter 1 of 2021. Ultra-luxury brokers and property owners with properties worth over $5 million are encouraged to apply to be featured on the platform.
TORONTO – Canada’s main stock index was up more than 100 points in late-morning trading, helped by strength in base metal and utility stocks, while U.S. stock markets were mixed.
The S&P/TSX composite index was up 103.40 points at 24,542.48.
In New York, the Dow Jones industrial average was up 192.31 points at 42,932.73. The S&P 500 index was up 7.14 points at 5,822.40, while the Nasdaq composite was down 9.03 points at 18,306.56.
The Canadian dollar traded for 72.61 cents US compared with 72.44 cents US on Tuesday.
The November crude oil contract was down 71 cents at US$69.87 per barrel and the November natural gas contract was down eight cents at US$2.42 per mmBTU.
The December gold contract was up US$7.20 at US$2,686.10 an ounce and the December copper contract was up a penny at US$4.35 a pound.
This report by The Canadian Press was first published Oct. 16, 2024.
TORONTO – Canada’s main stock index was up more than 200 points in late-morning trading, while U.S. stock markets were also headed higher.
The S&P/TSX composite index was up 205.86 points at 24,508.12.
In New York, the Dow Jones industrial average was up 336.62 points at 42,790.74. The S&P 500 index was up 34.19 points at 5,814.24, while the Nasdaq composite was up 60.27 points at 18.342.32.
The Canadian dollar traded for 72.61 cents US compared with 72.71 cents US on Thursday.
The November crude oil contract was down 15 cents at US$75.70 per barrel and the November natural gas contract was down two cents at US$2.65 per mmBTU.
The December gold contract was down US$29.60 at US$2,668.90 an ounce and the December copper contract was up four cents at US$4.47 a pound.
This report by The Canadian Press was first published Oct. 11, 2024.
TORONTO – Canada’s main stock index was little changed in late-morning trading as the financial sector fell, but energy and base metal stocks moved higher.
The S&P/TSX composite index was up 0.05 of a point at 24,224.95.
In New York, the Dow Jones industrial average was down 94.31 points at 42,417.69. The S&P 500 index was down 10.91 points at 5,781.13, while the Nasdaq composite was down 29.59 points at 18,262.03.
The Canadian dollar traded for 72.71 cents US compared with 73.05 cents US on Wednesday.
The November crude oil contract was up US$1.69 at US$74.93 per barrel and the November natural gas contract was up a penny at US$2.67 per mmBTU.
The December gold contract was up US$14.70 at US$2,640.70 an ounce and the December copper contract was up two cents at US$4.42 a pound.
This report by The Canadian Press was first published Oct. 10, 2024.
