HJHRE Reports HJH Investments’ Second Quarter 2023 Results
HJH Real Token (HJHRE) today reported financial results for the quarter ended June 30, 2023. In connection with the announcement, 8,421,026.18 HJH Real tokens were released at a Proof of Volume price of $1.0450033. As a result, the total number of HJH Real tokens in circulation increased to 536,723,229.22.
Q2 2023 Financial Highlights
- As of August 1, 2023, the Forecasted Net Operating Income for all of HJH Investments’ Real estate assets totaled $33,235,899.86, as calculated for the 12 months between July 1, 2023 and June 30, 2024.
- In the second quarter of 2023, HJH Investments conducted $8,800,000.00 in acquisition activity and $5,999,999.00 in disposition activity.
- On August 1, 2023, HJH Investments released 8,421,026.18 tokens based on the Proof of Volume price of $1.0450033.
- Detailed quarterly reports are available at hjhrealtoken.com.
About HJH Real Token
The HJH Real token is the first of its kind Tracking Utility Token that uniquely tracks and reflects specific elements of purchase price, disposition, net operating income, and a constant modifier of Real physical assets in the HJH Investments portfolio. The token’s pricing methodology employs two distinct models, one based on Real Estate and Income and the other on Proof-of-Volume. This creates balance and conflict in determining the token’s value.
On March 31, 2022, HJH Real was launched on SushiSwap and Uniswap with a maximum token supply of 1.2 billion units. However, tokens are only released quarterly if HJH Investments acquires additional Real estate assets. The number of tokens released is based on the value of the assets purchased each quarter. For more information on this process, please visit the token’s website and whitepaper.
Buyers should note that purchasing HJHRE is not an investment in HJH Investments’ Real estate assets.
About HJH Investments
HJH Investments is a Kansas-based commercial Real estate syndication firm with a Real estate portfolio upwards of $580 Million. To date, HJH has acquired more than 95 properties, primarily in the Midwestern and Southeastern markets of the United States. For further details, visit hjhinvestments.com.
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