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.
We are excited to share details of our upcoming offering, SOLIS, located in Seattle, Washington. SOLIS is a recently constructed, award-winning apartment complex with ground floor retail space located at 1300 East Pike Street in the beating heart of Seattle’s Capitol Hill neighborhood.
LEX structures the securities we offer as publicly traded partnerships to give investors the tax benefits of direct commercial real estate ownership. While each individual taxpayer has unique circumstances, investing in PTPs can generally reduce your tax liability when compared to investing in other taxable income securities.