How To Invest

Support Polestar Village while making a solid return on your investment

Short and long-term loans at competitive rates
Individually-owned rental properties
Collaborative, ‘Tenants in Common Ownership’ with other Polestar investors

Call Michael for more information at (808) 443-9956

Option to Purchase:

You can now buy an ‘option to purchase’ on most of the lots in Polestar Village and the cost is 10% of the value of the finished lot (reservation price). When all the lots are platted and you become the owner of a ‘paper lot’, the remaining 90% is due. Half of this amount will be a loan to the non-profit until we deliver a finished lot. (If we don’t deliver a finished lot within 6 months, this loan will begin accruing interest at a rate of 5%.) In the case of multifamily buildings, when the lots are finished, we will sign a construction agreement to complete your unit.

Depending on which unit you choose, and the sequencing of the ‘horizontal construction’ (infrastructure), your finished lot could come available as soon as spring next year or much later. For those who want it, it is our intention to try to accommodate Polestar investors who are waiting for finished lots, in rental units as they come available.

What is a Tenants in Common (TIC)?

Tenants in Common is a creative, collaborative way to own real estate with others that provides definite advantages, especially in an intentional community setting: flexibility, functionality, and simplicity. Investors have the right to “exclusive use” of a particular unit within the TIC, which functions very much like individual ownership; or they can choose to live elsewhere and receive a return on their investment. They also have a say in what unit they occupy with the ability to change units over time with minimal cost and difficulty.

New Pitch Book and Promissory Note coming soon!

How to Invest

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