Company Performance Metrics
- John Chaffetz: Co-Founder and PrincipalPast Role: Morgan Stanley, Analyst and Associate
- Karina Seljak: Marketing ManagerPast Role: Australian Ethical Investment, Customer Engagement Specialist
Nico is a neighborhood investment company that makes it possible for people who love their neighborhood to build long-term stake in their community by investing local in real estate.
Our mission is to localize wealth creation and broaden access to neighborhood equity. Initially, we’ll do that with the launch of Nico Echo Park–the world’s first
neighborhood REIT. A real estate investment trust (REIT) is a type of company that owns a portfolio of income-producing properties that people can become shareholders in. A Neighborhood REIT means all properties owned are located in a specific neighborhood–and in this case, in and around Echo Park, a vibrant and dynamic neighborhood near downtown Los Angeles.
Nico Echo Park is organized as a public benefit corporation and is committed to pursuing positive social and environmental outcomes of as well as financial value for shareholders.
Disclaimer: Nico may make a public offering under Regulation A and is not permitted to solicit or receive any money or accept any offer to buy its securities until the offering is qualified by the Securities and Exchange Commission nor would any indication of interest involve an obligation or commitment of any kind.