Real Estate

October 17, 2016 @ 2:24 pm By Samantha Hurst  |  

Real estate marketplace lending platform Money360 announced on Monday it has provided an $800,000 bridge for the acquisition of a newly-constructed, single-tenant retail building, located in Raymond, Illinois. According to Money360, the borrower has secured a loan through its platform and was able to close before its 1031-exchange… Read More

October 14, 2016 @ 10:10 am By Samantha Hurst  |  

Real estate marketplace lending platform Money360 announced earlier this week it has provided a $6 million permanent loan for the refinancing of a single-tenant industrial building that is located in Bryan, Texas. According to the lending portal, the new permanent loan will allow the borrower to… Read More

October 13, 2016 @ 4:06 pm By JD Alois  |  

Fundrise has officially added three new eREITs to their plaforms offerings: West Coast eREIT, Heartland eREIT and East Coast eREIT.  These three new funds will compliment the current two offerings the Growth eREIT and Income eREIT. The three new geographically targeted real estate funds are… Read More

October 10, 2016 @ 9:25 am By Samantha Hurst  |  

UK-based real estate crowdfunding platform the House Crowd announced on Monday its latest investment opportunity, called Bollin Heights, in Wilmslow, Cheshire. The round is seeking £3,550,000 and offers earn returns of 10-12 % p.a. The funding portal describes Bollin Heights as a conversion of an existing office building into… Read More

October 8, 2016 @ 5:52 pm By JD Alois  |  

The real estate crowdfunding, for both debt and equity, is now fairly established as an option for investors. A diverse group of platforms has emerged serving various of sectors of real estate for different investor classes. One area of recent interest is the 1031 sector… Read More

October 7, 2016 @ 2:27 pm By JD Alois  |  

In an email to platform followers, Fundrise has indicated it will soon launch a new round of eREITS to compliment their existing eREIT offers listed on the real estate marketplace today. Fundrise exited the single property funding market last year by leveraging Title IV of… Read More

October 7, 2016 @ 1:14 pm By Samantha Hurst  |  

On Friday, crowdfunding platform Small Change announced its latest offering, an investment in Pittsburgh’s Buvinger Building, has successfully secured its initial $238,500 funding goal before the initiative was closed. As previously reported, the investment strategy consisted of a two-phase strategy to add value. Phase 1,… Read More

October 5, 2016 @ 8:23 am By Samantha Hurst  |  

On Wednesday, real estate crowdfunding platform iFunding announced it raised $600,000 of preferred equity financing for the completion of a multi-family apartment complex, EVIVA Midtown, which is located in Sacramento, California’s Midtown neighborhood. The funding portal revealed that Integral Group, the partner of the financing… Read More

October 3, 2016 @ 1:23 pm By Samantha Hurst  |  

On Monday, real estate marketplace lending platform Money360 announced it provided a $8.5 million bridge loan for the refinancing of a K-12 charter school located in Spartanburg, South Carolina. According to the platform, the new loan will allow the borrower to pay off a maturing… Read More

September 30, 2016 @ 7:03 am By Erin Hobey  |  

Small Change offers the crowd to partake in the revitalization and redevelopment of Pittsburgh real estate. Its Buvinger Building campaign launched earlier this summer is now headed toward the home stretch, closing in on its  $238,500 goal. At this writing, 85% of the funds, $203,250, have been raised by 13 investors…. Read More

September 28, 2016 @ 4:11 pm By Samantha Hurst  |  

On Wednesday, RealtyShares announced it financed a $500,000 preferred equity investment to fund the acquisition and rehabilitation of a 22-unit multi-family property in the San Francisco Bay Area called Greenleaf Apartments. The real estate crowdfunding platform reported that the project is being sponsored by Tesseract Capital… Read More

September 26, 2016 @ 8:51 am By Samantha Hurst  |  

On Monday, Zoopla (LSE:ZPLA) announced the launch of its new  “invest” channel, which reportedly offers consumers and would-be property investors the opportunity to gain exposure to the UK property market. According to the property website, the new channel includes a peer-to-peer lending solution, in partnership with Landbay. It also… Read More

September 22, 2016 @ 9:39 am By Samantha Hurst  |  

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

September 19, 2016 @ 9:06 pm By Samantha Hurst  |  

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

September 15, 2016 @ 4:18 pm By Samantha Hurst  |  

On Thursday, real estate crowdfunding platform RealtyShares announced the Network Acquisition Partnership Alliance (NAPA) has raised $2.1 million for a Dallas multi-family property. The funds will be used for the renovation and repositioning of the Westwood Apartments, a 187-unit complex comprising 25 residential buildings and… Read More

September 14, 2016 @ 2:49 pm By Samantha Hurst  |  

Acquire Real Estate, a commercial real estate crowdfunding platform, announced on Wednesday it completed its fully automated secondary market exchange between two of its real estate investors.   According to the funding platform, investors relied on its patent pending Investor Exchange, which now facilitates a… Read More

September 14, 2016 @ 8:28 am By JD Alois  |  

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

September 13, 2016 @ 9:03 am By Samantha Hurst  |  

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

September 13, 2016 @ 7:00 am By Erin Hobey  |  

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

September 11, 2016 @ 2:59 pm By JD Alois  |  

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