Tagged: real estate

RealtyMogul.com Closes Five Multifamily & Retail Transactions Following MogulREIT Launch

Jilliene-Helman-199x300

Real estate crowdfunding platform, RealtyMogul.com, announced on Thursday it has recently closed five transactions in markets across the country. The funding portal confirmed that four out of the five deals were equity investments into multifamily properties while the fifth was named its largest 1031-qualified transaction to… Read More

RealtyShares Announces New Milestone: Over $200M Secured Through Real Estate Crowdfunding Platform (Infographic)

Nav Athwal

On Monday, RealtyShares announced over $200 million has been secured through its real estate crowdfunding platform from its network of investors for residential and commercial real estate projects across the country. The funding portal revealed that it connects more than 25,000 accredited and institutional investors with… Read More

Property Development Academy: LendInvest to Help Small Developers Build More Homes

Christian Faes

LendInvest, an online mortgage marketplace that has facilitated over £740 million in financing, has launched the “first” Property Development Academy in an attempt to boost construction of new homes. The UK has had supply challenges for housing for some time now. Of course, the result… Read More

Sharestates’ Latest Milestone: Hits $1.3 Billion in Funding Capacity

Sharestates Booth

Real estate crowdfunding platform, Sharestates, announced on Tuesday it has successfully raised $1.3 billion in committed capital for the purchase of loans. Launched in February 2015, the funding website has originated more than $150 million in loans for over 200 projects, with an average loan size… Read More

Fintech Platform Point Nabs $8.4M in Series A Funding, Led by Andreessen Horowitz

eddie-lim

Point, claiming the title as the first financial technology platform that allows homeowners to unlock their home equity wealth without taking on new debt, announced today that it has raised $8.4 million in Series A funding led by Andreessen Horowitz which also led the company’s… Read More

RealtyShares Receives $30 Million Line of Credit to Prefund Real Estate Offers

Fifty Dollars Money Grant

Real estate crowdfunding platform RealtyShares has received a $30 million line of credit to pre-fund real estate offers listed on their marketplace. The line was described as the first ever to be used for both debt and equity offers listed on a real estate marketplace. There… Read More

William Randolph Hearst House Crowdfunding on StartEngine is up for Sale for $195 Million

William Randolph Hearst

As we reported last week, StartEngine has listed an interesting offer for investors (since updated to a Title II offer from a Reg A+ . The equity crowdfunding platform has an offer to invest in the former mansion of William Randolph Hearst – the individual… Read More

French Crowdinvesting Platform WiSeed Ditches Bespoke Crowdfunding Status for EU passport as Investment Services Provider

WiSeed Office sketch

This summer, crowdinvesting platform WiSeed became authorized as Investment Services Provider (ISP) by the French regulator of financial institutions, the Autorité de Contrôle Prudentiel et de Résolution (ACPR), with the approval of the securities market regulator, the Autorité des Marchés Financiers (AMF). Obtaining this status… Read More

Prodigy Network is Crowdfunding $53 Million for Assemblage / Park Avenue South

Assemblage Park Avenue South

Real estate crowdfunding platform Prodigy Network is launching its 5th equity crowdfunding offer to develop coworking spaces in Manhattan.  The newest project, the Assemblage / Park Avenue South will seek a raise of $53 million from accredited investors.  The term is expected to last 3… Read More

iFunding Settles Lawsuit, Says Most Recent Month Best Ever

William Skelley

Real estate crowdfunding platform iFunding (Innovational Funding LLC) has settled a lingering lawsuit regarding a shareholder claim against the young  company. According to information provided by iFunding, the lawsuit brought against the company by Michael J. Turner has been settled for cash.  The cash settlement… Read More

SEC Investor Education & Advocacy Office Issues Bulletin on REITs

Real Estate

The SEC Office of Investor Education and Advocacy has issued a bulletin regarding Real Estate Investment Trust’s or REITs. The SEC has created a comparison chart differentiating between publicly traded REITs and Non-Traded REITs. As one would expect, non-traded REITs are not listed on any… Read More

P2P Lender EstateGuru Pushes into Latvia

Marek Partel

EstateGuru, a peer to peer lender based in Estonia, has announced an expansion into neighboring Latvia. The announcement comes just as EstateGuru announced earlier this month having topped €10 million in lending. EstateGuru is an online lender providing loans secured by real property for short to… Read More

William Randolph Hearst’s House is Crowdfunding on StartEngine for $40 Million

The Beverly House

This is a different investment crowdfunding opportunity.  The former residence of William Randolph Hearst, the original newspaper magnate, is being crowdfunded on StartEngine using Reg A+ and is hoping to raise $40 million. Hearst originally purchased the house for $120,000 back in 1947.  The “Beverly… Read More

Real Estate Agents Disrupted: PurpleBricks Expands into Australia

Michael Bruce

  Purplebricks Group (AIM: PURP), a UK-based hybrid estate agent providing a new way to buy, sell or let property, has launched its business in Australia, 28th August 2016, with an initial regional focus on Melbourne and Brisbane before rolling out nationally. CEO Michael Bruce… Read More

iFunding Secures Over $1.9M For Florida Preferred Equity Investment

Gainesville

Real estate crowdfunding platform iFunding announced on Tuesday it raised $1.95 million in preferred equity for a student housing apartment community which is located in Gainesville, Florida. The investment is being made just as the more than 600 bedroom property prepares to open for occupancy. Sharing details… Read More

Patch of Land Moves Into Single Family Rental Market in Utah

Paul Deitch Headshot

Patch of Land is offering $4 million in a portfolio of single family rental properties in Utah.  The offer is to refinance a grouping of 36 properties in the Ogden / Salt Lake City metro areas.  The deal is structured as four 24 month loans… Read More

RealtyMogul.com Appoints New CTO & VP of Marketing

Jilliene-Helman-199x300

Real estate crowdfunding platform, RealtyMogul.com, announced on Monday it has appointed Sameer Shamsuddin as chief technology officer and Niall Weintraub as vice president of marketing. Both hires are part of the new wave of talent that it joining the funding platform’s Los Angeles office this month. RealtyMogul.com… Read More

MogulREIT: RealtyMogul.com to Use Reg A+ to Allow Non-Accreds to Invest in Real Estate

MogulREIT i RealtyMogul

RealtyMogul.com has launched their first REIT (real estate investment trust) labeled the MogulReit I.  The new investment vehicle will allow non-accredited investors access to commercial real estate investment opportunities. MogulReit will be using Reg A+ and thus may raise up to $50 million.  RealtyMogul.com described the… Read More

CrowdStreet Says Business is Booming for Real Estate Crowdfunding

Tore Steen

CrowdStreet, an online marketplace for real estate investment, says business is booming. According to a report from the company, CrowdStreet is “oversubscribing multi-million dollar raises in less than 30 days.” CrowdStreet matches high net worth individuals with real estate sponsors. One recent offer was described… Read More

Using Reg A+, eREITs Have Now Raised Over $70 Million on Fundrise

New York City Construction Real Estate

In December of 2015 Fundrise, a trailblazer in the real estate crowdfunding sector, made a dramatic strategic shift. The platform decided to leverage Title IV of the JOBS Act, otherwise known as Reg A+, to create a fund of diversified real estate assets they labeled… Read More