Real Estate Crowdfunding Platform RealtyShares Hits $100M Milestone

On Monday, accredited crowdfunding platform RealtyShares announced it has reached more than $100 million invested to date.

realtysharesEach investment was made on the platform from accredited and institutional investors who have invested in over 270 transactions involving over 1,500 different properties.

CEO of RealtyShares, Nav Athwal, stated:

“Crossing the $100 million mark, which actually occurred a while ago while we weren’t looking, is a major milestone in the short history of our company. We’ve always been a leading real estate crowdfunding company – or online marketplace, as some refer to the space — and reaching this benchmark further cements our status as a trusted provider in the industry.”

Javier Benson, RealtyShares’ Director of Investments, noted:

“We’re continuing to see strong investor demand across our several product types. We’ve offered opportunities across several different property types, but more importantly our various hybrid products like mezzanine debt and preferred equity have met with strong demand from investors.”

Nav AthwalAthwal then noted:

“We have now provided capital to fund approximately 250 investment opportunities across over 1,600 properties across the country.”

Earlier this month, Athwal shared details about the various properties the crowdfunding platform has funded:

“Sponsors have found our platform to be a viable new source of capital.  Borrowers have been able to get their loans funded quickly and efficiently. Investors now enjoyed access to diversified deal flow across many different product types and geographic locations.  We’re excited to see our business model being proven on an ever-increasing scale.”

Benson also added that both debt and equity investments were popular with the platforms investors:

Javier Benson“We’re continuing to see strong investor demand across many property and product types. Apartment properties and single-family residential loans have always been of interest to our investor base, but recently we’ve also had solid success with retail properties and other asset classes.  We have enjoyed particular success recently with our hybrid products like mezzanine debt and preferred equity, each of which have met with strong demand from investors.  Our product offerings are among the broadest in the industry, and we plan to continue to expand our deal flow to fulfill increased investor demand across all product types.”

 



Sponsored Links by DQ Promote

 

 

Send this to a friend