Tagged: arizona

Arizona AG Mark Brnovich Calls for Creation of Fintech Sandbox

Arizona Attorney General Mark Brnovich has publicly requested the creation of a Fintech Sandbox in his state. Brnovich published his belief in an OpEd for American Banker. Brnovich is of the opinion that Arizona should be the first state to create a Sandbox as it… Read More

Coinsource Launches Five Bitcoin ATMs in Phoenix

Coinsource, a bitcoin ATM network, announced on Monday it launched five new machines in Phoenix Metropolitan Area, marking its first venture into Arizona. According to the company, the bulk installation caps off a strong first and second quarter, with it installing 50 machines so far… Read More

De Rito Partners Raises $800,000 on RealtyShares For Arizona Shopping Center

Real estate marketplace lending platform RealtyShares announced on Thursday Arizona retail investment and brokerage firm, De Rito Partners, secured $800,000 through its platform for a Mesa-base shopping center. According to the funding portal, De Rito Partners acquired the property last year and is looking to capitalize on a… Read More

RealtyShares Reports: $3 Million Was Raised for Clarendon Park Apartments in Phoenix

Real estate crowdfunding platform RealtyShares announced on Tuesday its network of accredited investors has collectively funded a $3 million investment for the acquisition of Clarendon Park Apartments, a 138-unit multifamily property located in Phoenix, Arizona. The property is located in midtown, which is between the city’s two largest… Read More

RealtyShares Declares: Phoenix’s 7th Gate Center Investment to be Paid Back in Full

RealtyShares announced on Thursday that an offering involving an office building in Phoenix has been successfully exited. This is considered one of the largest crowdfunded real estate investments in the city’s metropolitan area and has reportedly performed better than expected. Investors in the transaction are being… Read More

YouCaring Announces “10 Most Compassionate Compassionate Cities And States” & Service Promise to Users

On Tuesday, crowdfunding platform YouCaring announced “The 10 Most Compassionate Cities and States,” which highlights the areas of the U.S. that best demonstrate the spirit of helping others and giving back.YouCaring, which provides free crowdfunding for personal and charitable causes, such as medical expenses and… Read More

RealtyMogul & Platinum Storage Group Announced the Completion of American Mini’s Full Cycle Equity Transaction

On Monday, RealtyMogul, the online marketplace for real estate investing,  announced  the completion of its first full cycle equity transaction with the purchase and sale of American Mini, a self-storage property in Tucson, Arizona. In just 18 months, investors earned an annual total return of 16.8… Read More

Brief: Fundrise Links with Birtcher Anderson Realty to Finance Arizona Retail Development Project

“Crowdfunding is the future of real estate financing,” commented Fundrise CEO and Co-Founder Ben Miller. Asserting the partnership as the first-ever crowdfunded commercial construction loan, Jay Maddox of the commercial real estate services company Avison Young brokered a deal with Fundrise which resulted in the real-estate platform’s providing Birtcher Anderson… Read More

OpenPath Investments Acquires Phoenix Apartment Complex Ventana Palms for $8.5M; Announces New Online Investors Platform

OpenPath Investments, triple bottom-line company with more than a decade of experience creating value for its investors, announced on Wednesday that it has purchased Ventana Palms Apartments, located in west Phoenix, for $8.5 million, kickstarting an effort to bring a socially responsible investing and property management… Read More

Arizona Governor Doug Ducey Lists Crowdfunding Legislation as Significant Accomplishment

The Arizona Governor, Doug Ducey, has taken an outsized approach to promoting, and improving, the state of Arizona.  He was quoted last month in the Capitol Times as saying; “What we’re not going to have are overly aggressive regulators who are going beyond the scope… Read More

God Loves Gays National Billboard Campaign Project Seeks $20,000 on YouCaring to Bring Billboards to 20 States

In an effort to end hate crimes and violence against the LGBTQ community, the “God Loves Gays National Billboard Campaign” project has been launched on YouCaring to raise $20,000 to post billboards in 20 states. Last year, the creator of the God Twitter and Facebook page… Read More

Arizona Crowdfunding Law Fact Sheet

As covered earlier this year, Arizona has moved forward with an intrastate crowdfunding bill that was signed into law last week.  After being voted on in both the house and senate, without a single negative vote or abstention, the bill was quickly signed by Governor Doug… Read More

State of the States: An Update on Intrastate Crowdfunding

As the S.E.C. continues to drag its feet on releasing final Title III crowdfunding rules, the intrastate crowdfunding movement shows no signs of slowing down. Here is a brief update as to the status of the enactment/use of intrastate crowdfunding exemptions in certain states. Minnesota… Read More

Arizona Legislation in Both House & Senate are Set to Legalize Crowdfunding

Tandem bills legalizing crowdfunding have been introduced in the state of Arizona. Yesterday HB 2591 and SB 1450 were introduced to begin the process of allowing investment crowdfunding in amounts up to $2.5 million. According to the draft rules, companies that have not undergone an… Read More

Supporters Rally to Raise Funds on GoFundMe For Quadruplets After Mother’s Passing

Seeking to help her family push through a tragic situation, Arizona woman Nicole Todman has launched a GoFundMe crowdfunding campaign to raise $250,000 for the family of her cousin, 36-year-old Erica Morale, who gave birth to quadruplets before she passed away a few hours later…. Read More

Arizona-based Startup Seeks $500,000 Through Kickstarter Campaign for Personal Web Server & Storage Device

On Tuesday (October 7th), Chandler, AZ-based Eggcyte has launched a crowdfunding campaign on Kickstarter to help fund its new personal web server and storage device, The Egg. Offering 64/128/256GB of storage and Wi-Fi connectivity, The Egg permits consumers to share their photos, videos and other personal content… Read More

Wearable Techno-Meditation Device Neo Neurophone Nears $109,000 First Three Days on Indiegogo

Arizona resident Patrick Flanagan launched a $100,000 crowdfunding campaign earlier this week on Indiegogo for his product, the NEO Neurophone, which is described as a “wearable techno-meditation device”. The campaign has already gained some popularity and has even raised nearly $109,000 thanks to its over 400… Read More

U.S. Rep. David Schweikert Warns Entrepreneurs About Large Companies Fighting Startups

Weighing in on crowdfunding pros and cons, U.S. Representative David Schweikert warned a group of entrepreneurs that established companies and their lobbyists will fight to keep startup innovations from causing a stir in their markets During a visit to Phoenix-based incubator, Seed Spot, Mr. Schweikert stated,… Read More

Arizona Study Shows 24,000 New Jobs Created Annually from JOBS Act

The study measuring the impact of Title II of the JOBS Act, conducted for Marketing 506c, indicated that 24,000 new jobs may be created annually in Arizona. The JOBS Act makes it easier for businesses to raise capital for startups or business expansion. Furthermore the… Read More

Girl Jumps Off House, Breaks Feet, Crowdfunds Recovery, Gets Jeered

Today in should have seen that coming: An 18 year old girl named Nicole moved into a house with a handful of her friends after graduating high school. One day everyone decided to do what young people do and jump off the roof and into the pool…. Read More