Small Change

947 Liberty Avenue, Unit 1
Pittsburgh, PA 15222

We created Small Change to allow everyday people to invest in real estate projects that change cities and neighborhoods for the better. 

If you want to know how to raise funds, click here.
If you want to know how to invest, click here.




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Small Change
Part 2 (of 3): SmallChange Regulation Crowdfunding (Reg CF) Educational Materials

The kinds of securities we will offer

We could offer any kind of Security on the Platform, including:

Equity Securities. When you buy an “equity security,” like the common stock of a corporation, you become an owner of the company. The value of your interest fluctuates with the fortunes of the company; if the company does well the value of your interest goes up, while if it does poorly the value goes down, possibly all the way to zero. As an owner, you generally have the right to share in any profit distributions made by the company, and you also share in the appreciation in the value of the company. Owning an equity security in a company is like owning a house, both the good part and the bad part. When a company dissolves, the owners of the equity securities are paid last, after all the creditors.

“Preferred” Equity Securities. In some cases, a company will offer a “preferred equity security,” like the preferred stock of a corporation. Typically,...more