Real estate crowdfunding platform Prodigy Network had a great June. In a communication to investors, Prodigy said June was one of the most successful in their history having completed the acquisition of The Assemblage / 25 street – their fourth New York City project. They also announced the opening of AKA Wall Street their second operating project in Manhattan.
Prodigy Network founder and CEO Rodrigo Niño described their recent successes as “reaffirming” their position as the “leading platform for real estate crowdfunding in the US”. Prodigy pegs the total amount raised in the US at $170 million. Their real estate crowdfunding platform is unique in the fact that it is a developer in every single US-based project.
The Assemblage property garnered global interest, according to Prodigy. Investors from 26 different states and 18 different countries joined to purchase equity in the structure. Prodigy predicts the 48,000 square feet project of Assemblage will soon be home to a community of creators and entrepreneurs located in the heart of NoMad in Manhattan.
Prodigy recently created an Infographic outlining their work. It is embedded below.
