Howthorn Crossing

About the offering

Hawthorn Crossings is a Regulation Crowdfunding (Reg CF) real estate offering managed by The Chicago TREND Corporation (TREND), available through the NSSC Funding Portal on the Small Change platform. The campaign seeks to raise between $100,000 (minimum) and $1,000,000 (maximum) to acquire and redevelop Hawthorn Crossings, a 51,459 square foot neighborhood shopping center located at 900–1060 West Broadway on the West Broadway commercial corridor in Minneapolis, Minnesota (ZIP code 55411). The minimum individual investment is $1,000, and the offering is open to all investors (not limited to accredited investors). The offering closes July 31, 2026, with cancellations permitted through July 29, 2026. As of the time of this summary, $2,000 has been raised from 2 investors, representing 2% of the minimum goal. The offering structure provides investors with preferred equity, including up to a 49% pro-rata share of cash flow and profits. TREND projects total cash flow and liquidation proceeds of approximately $8,027,079 over a 10-year hold period, with a modeled return of approximately $3,210 on a $1,000 investment over that horizon. The business plan anticipates selling the property after 10 years of operations. A special matching grant program is available through TREND Community Development Corporation (TREND CDC), a 501(c)(3) nonprofit affiliate of the Manager. Eligible investors residing in the 55411 ZIP code may receive a $1,000 equity matching grant, with up to $40,000 in total grant funds available for up to 40 investors on a first-come, first-served basis. The broader mission of the project centers on community wealth-building: enabling North Minneapolis residents and socially-minded impact investors to co-own a neighborhood shopping center, supporting minority-owned businesses, and creating local employment. TREND has articulated a scalable model targeting up to 12 service-oriented community shopping centers. The offering is led by Lyneir Richardson, co-founder and CEO of The Chicago TREND Corporation. Richardson brings over 20 years of urban retail real estate development experience, including prior roles as CEO of Newark's primary economic development corporation, Vice President of Urban Development at General Growth Properties, and founder of Lakeshore Development Construction Company. He also holds academic and fellowship positions at Rutgers Business School, the Brookings Institution, and the Aspen Institute. Key documents available include a Disclosure Packet, Business Plan, LLC Agreement, and Risks of Investing disclosure. Standard Reg CF risk disclosures apply, including the possibility of total loss of investment.

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