Whitepaper Retail Pre-Sale Schedule a Call
Institutional & Anchor Partners

A Credit-Backed $11M
LA Commercial Asset.
Institutional Terms.

515 Shatto Place, Koreatown LA — 100% leased to LG Beauty / AVON North America. Tokenized via BTCglobal's Web3 real estate platform. Anchor investors receive property income, $PROP founding allocation, and BTCglobal equity.

$11M
Asset Value
6.5%
Cap Rate
$675K
Annual NOI
5.2 yrs
Lease Remaining
Schedule a Call → Read the Whitepaper

The Asset

515 Shatto Place — AVON

An institutional-grade Koreatown LA office building with credit-backed, mission-critical tenancy and zero vacancy risk.

✓ 100% Occupied
515 Shatto Place
Koreatown, Los Angeles, CA · ±18,100 sq ft
$11M
Valuation
6.5%
Cap Rate
$675K
Annual NOI
5.2 yrs
Lease Term
±18,100
Sq Ft
$0
Vacancy
LG

LG Beauty / AVON North America

Wholly-owned subsidiary of LG H&H · $7B parent · North American HQ

515 Shatto Place is the North American headquarters for LG Beauty / AVON — a wholly-owned subsidiary of LG Household & Health Care, a $7 billion global corporation. The tenant has made this location mission-critical for their North American operations.

The property carries zero vacancy risk for the duration of the lease. With 5.2 years remaining and an institutional-grade credit tenant, this asset delivers the predictable, durable income profile institutional investors require.

The existing $7M debt is paid off in full at closing from escrow proceeds. The LLC takes title completely debt-free, meaning the full $675K NOI flows to investors from day one — no debt service, no drag.

Property typeOffice — Urban Infill
TenantLG Beauty / AVON North America
Tenant parentLG Household & Health Care ($7B)
Lease structureTriple Net (NNN)
Debt at closing$0 — paid off from escrow
Listing brokerJLL Capital Markets
Property partnerUrban Offerings ($100M+ AUM)

Anchor Investor Terms

Two Assets. One Commitment.

Same founding terms as our retail pre-sale — at your scale.

There is no institutional class. There is no separate deal.

The $PROP tokens you receive are identical to every other holder. What you're buying is the same asset, the same token, the same 20% revenue share — one check instead of thousands. What anchor investors get on top is access to the Institutional Liquidity Partner program — the most compelling structural opportunity on the platform.

🏢
AVON Property Position
Direct fractional ownership in 515 Shatto Place LLC — the same debt-free, income-producing asset available to all pre-sale participants.
  • AVON NFTs at $10 each — full market price, no discount
  • Monthly $PROP distributions from day one of close
  • Pro-rata share of $675K annual NOI
  • NFTs fully tradeable on secondary marketplace at launch
  • Debt-free LLC structure — zero debt service drag
⚡
$PROP Founding Allocation
Anchor investors receive a 25% $PROP bonus on top of their property investment — founding ownership of the entire BTCglobal platform.
  • 25% of investment value in $PROP tokens, free on top
  • $PROP = 20% ownership stake in BTCglobal revenue — all properties, all transactions, forever
  • Monthly distributions pro-rata to token holdings
  • Fixed 1 billion token supply — never diluted
  • 6-month vest, 1-month cliff
🔄
Institutional Liquidity Partner
The platform's most powerful structural advantage — available exclusively to qualifying anchor investors. Be the liquidity engine for every property on BTCglobal.
  • 12–15% instant discount — buy NFTs the moment any holder requests liquidity, automatically via smart contract
  • Earn while you hold — discounted NFTs keep generating $PROP rent credits, giving you a stronger ownership position than any first-day buyer
  • Scales across every property — deploy capital across thousands of listings simultaneously, zero rehab or operational overhead
  • 25–30% cap per property — preserves governance integrity, full terms by agreement
🔒
Investor Protections
The pre-sale is structured with hard investor protections baked into the escrow mechanism.
  • Full refund if $11M soft cap not reached — no exceptions
  • Funds held in third-party escrow until close
  • Closing waterfall defined in advance: $7M lien → partner equity → commission
  • LLC takes title debt-free or deal does not close
  • All terms documented in binding pre-sale agreement

The Structure

Why Tokenized?

Tokenization solves the three problems that have historically limited institutional real estate returns.

Traditional Commercial RE
  • Locked capital — no liquidity until sale
  • $1M+ minimum to participate
  • Opaque valuations — pricing set at sale
  • Single-asset concentration risk
  • Manual income distribution — quarterly at best
  • No secondary market for fractional positions
BTCglobal Tokenized RE
  • Liquid NFTs — trade on secondary marketplace anytime
  • $10 minimum — institutional and retail side by side
  • On-chain pricing — transparent, continuous market
  • Diversify across thousands of properties
  • Monthly $PROP distributions — automated, on-chain
  • Deep secondary market from day one of launch

Closing Mechanics

How the Close Works

A clearly defined waterfall — no ambiguity on where funds go or when the deal closes.

🔒
Funds to Escrow
Pre-sale commitments held in third-party escrow. No funds released until soft cap reached.
🏦
$7M Lien Paid
Existing debt on 515 Shatto Place paid in full at closing. LLC takes title debt-free.
📋
LLC Takes Title
515 Shatto Place LLC receives the property. 1.1M NFTs minted and distributed to all pre-sale buyers.
💰
Income Begins
$675K annual NOI flows monthly, pro-rata to NFT holders. $PROP distributions begin the same month.

The Team

Built by Operators, Not Theorists

BTCglobal is led by a team with active track records in real estate, blockchain infrastructure, and institutional capital deployment.

Daniel Riceberg
Founder & CEO
Licensed real estate broker with 20+ years of experience in residential and commercial transactions across CA and AZ. Active Senior Loan Officer at Stone Bridge Mortgage. Previously co-founded BlockPark Technologies (2018–2024). Manages BDR Cascadia portfolio — 95% occupancy, 11% annual return, 300% ROI on exit.
CA/AZ Broker NMLS #286633 BlockPark Co-Founder
Dean Nucich
Partner · Head of Acquisitions
Managing Principal at Urban Offerings since 2006. $400M+ in deployed capital. 1,200 multi-family units, 400K sq ft creative office. Owner of 515 Shatto Place — committed as BTCglobal's inaugural Premier Listing. 20+ years urban infill, mixed-use, and data center-driven assets across Los Angeles.
Urban Offerings $400M+ Deployed AVON Owner
Nate Patel
Co-Founder & CTO
4x CTO/CPO with 15+ years building SaaS and AI platforms. Co-founded BlockPark Technologies, implementing Hyperledger Fabric for enterprise real estate clients. MIT Executive Education lecturer on AI Security & Policy. Leading BTCglobal's smart contract architecture, platform infrastructure, and Base deployment.
BlockPark Co-Founder MIT Lecturer Base / Solidity
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