Tagged: real estate

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

CoAssets to Target Smaller Developers, Expects to List on ASX this Month

EPIC 2015 CoAssets

Singapore-based crowdfunding platform CoAssets is preparing to list on the Australian Securities Exchange (ASX) later this month. CoAssets is already traded on the NSX (CAX) but the move up to the primary exchange is viewed as enhancing credibility for the investment platform.  CoAssets is already… Read More

Property Partner Adds Bid Engine to Investment Platform

Daniel Gandesha

Property Partner, a real estate crowdfunding platform, has added an interesting feature to their investment marketplace. Property Partner now allows individual investors to bid on property posted on the site.  Property Partner also states their new feature improves clarity for sellers too. According to a… Read More

Estate Guru Tops €10 Million in P2P Real Estate Lending

EstateGuru Team

Estonia based EstateGuru has announced having surpassed €10 million in peer to peer lending for over 60 real estate projects. EstateGuru has been in operation for two years. Headquartered in Tallinn, Estonia – a country that has a vibrant startup scene, founders Marek Pärtel, Marko Arro… Read More

Brief: Chinese Crowdfunding Platform Duocaitou Completes Pre-A Financing Round

China Flag

Duocaitou, a Chinese real estate crowdfunding platform that’s dedicated to boutique hotels and home rentals, announced on Wednesday it has completed its Pre-A financing round and has received funds from three venture capital firms, Capital, Innovation Angel Fund, and Shunwei Capital Partners. Gengqian Zhao, CEO… Read More

RealtyShares Reveals: California Is A Hot Real Estate Market for Crowdfunding Investors (Infographic)

Brian Esquivel

On Tuesday, real estate crowdfunding platform RealtyShares announced California is a hot real estate market for its crowdfunding investors. This info was released in the website’s latest report on the state’s funding projects. RealyShares revealed that California borrowers and sponsors had raised more than $53 million… Read More

Big Deal for Small Change: $168K+ Committed to Pittsburgh Buvinger Project

Eve Picker

Small Change continues to make a difference in the Pittsburgh market.  Its currently live campaign is offering is the Buvinger Building.  Located at 4407 Butler Street, the historic three-story building located in the Lawrenceville neighborhood of Pittsburgh, Pennsylvania, the developer is seeking equity investments of $238,500, which… Read More

CapitalRise’s Second UK Real Estate Deal Goes Live: Grosvenor Square Mayfair

Uma Rajah

CapitalRise, the London-based property investing platform which was founded by property veterans Alex Michelin and Andrew Dunn of Finchatton and FinTech expert Uma Rajah, launched in July 2016, announces its second deal on prestigious Grosvenor Square, regarded as London’s most famous square. The project aims to… Read More

At the Intersection of Fintech: Canaan Partners

Canaan Partners Fintech Portfolio

Canaan Partners is a Silicon Valley VC firm that has over $4.0 billion under management with a good portion of their investments going into seed / early stage companies. They have also set up offices in Israel to be closer to the StartUp Nation phenomena… Read More

RealtyShares Investors Raise $1.2M For Northwest Jacksonville Apartments

Jacksonville

Real estate crowdfunding portal, RealtyShares, announced on Wednesday $1.2 million has been raised on its website to help finance the purchase and rehabilitation of a 76-unit multifamily property located in Jacksonville, Florida. RealtyShares revealed that the complex, which is sponsored by The Klutz Companies, received… Read More

Brexit: LendInvest Index Says “Leave” Towns are Best to Invest

LendInvest Brexit Data

LendInvest, an online peer to peer marketplace for commercial real estate loans, has published its quarterly research index deciphering the UK property market. According to their data, the UK Buy-to-Let Market, the top rental markets are areas where voters overwhelmingly voted for Brexit. Reflecting on the… Read More

Landbay: From Prelaunch to Established Platform, How Crowdfunding Fueled Business Growth

Progress at Landbay 2

  John Goodall and Gray Stern launched their company, Landbay, with the help of Seedrs.  Before their website was even live, Goodall and Stern were raising seed capital on the crowdfunding platform for their vision of mortgage finance.  Their first funding round was for only £50,000… Read More

Property Partner Takes Cautious Approach Post Brexit

footway closed UK london

The reverberations of Brexit aftershocks will be felt for months to come. So many unknown variables create market uncertainty and thus added risk. One of the most immediately impacted sectors of finance was real estate. London has been one of the hottest property markets in… Read More

Brief: RealtyShares Investors Raise $2.6M For Arlington, Texas Multi-Family Complex Purchase

Brian Esquivel

Real estate crowdfunding platform RealtyShares announced on Thursday investors on its website have raised a total of $2.6 million for Parkside Townhomes, a 144-unit multifamily complex in Arlington, Texas. It was revealed a 98 accredited investors participated in the equity offering, averaging more than $25,000 per investment…. Read More

iFunding Raises $6.2M in Total Financing For New Jersey Apartment Recapitalization & Condo Conversion

Asbury Park

On Thursday, real estate crowdfunding platform iFunding announced it has secured $6.2 million in total financing for the recapitalization and renovation of a 26-unit, 6-story residential building in Asbury Park, New Jersey over the past nine months. iFunding revealed it originally provided acquisition financing totaling $2.85… Read More