Patch of Land Offers Up $1 Million in Real Estate Crowdfunding

Positions Company to Syndicate Hard Money Loans.

Patch of Land BigPatch of Land has made 4 deals worth just over $1 million, available on their real estate crowdfunding platform. Accredited investors have the opportunity to invest in a variety of projects ranging from a high end residential home at 12% to an 18% short term bridge loan. Patch of Land states that each deal undergoes extensive due diligence and are rigorously reviewed by their team of real estate professionals. Two deals are live and have been fully pre-funded by the company already, and the other two deals are open to pledges and are expected to be pre-funded upon closing.

Carlo Tabibi “We truly strive to bring only the highest quality real estate debt deals to our platform, because we want to give investors the opportunities that crowdfunding promises: investing in private deals that they previously couldn’t access,” states Co-Founder and CEO, Carlo Tabibi.

The company focuses on high yield, asset-backed, short term real estate debt, Patch of Land wants to position itself as the leading real estate crowdfunding platform that syndicates what is known by real estate investors as ‘hard money loans’. The 4 deals on the platform are opportunities for accredited investors to diversify their portfolios and get into real estate investing, whether or not they are experienced.

The Executive Team at Patch of Land will be holding a webinar on Friday March 21st at 11:00am PST/2:00pm EST to discuss the new deals with investors.

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