Tagged: ben miller

September 28, 2015 @ 1:04 pm By Samantha Hurst  |  

On Monday, real estate crowdfunding platform Fundrise announced it has partnered with Alta Verde Group to provide $1.5 million in financing for the development of a 14-unit luxury home development in Palm Springs, California – the company’s first project in the state. Alta Verde Group purchased the property… Read More

September 24, 2015 @ 11:08 am By Samantha Hurst  |  

Fundrise, a real estate crowdfunding platform, has announced a new partnership with 306 7th Street LLC to provide $2 million in funding for an apartment repositioning in the Park Slope neighborhood of Brooklyn. The sponsor has hired JBS Project Management to oversee the development. Investors… Read More

September 16, 2015 @ 10:06 am By JD Alois  |  

  Real estate crowdfunding platform Fundrise is going global.  While not surprising, Fundrise has taken a dramatic step in leveraging existing technology and investment opportunity to provide investor access in Australia, Canada and the United Kingdom. Fundrise is one of the leading online real estate… Read More

September 11, 2015 @ 11:06 am By Amy Wan  |  

  Since the SEC announced the intent to implement the new Regulation A+ rules in March, there’s been a lot of hype around the potential for Regulation A+. This newly implemented offering mechanism has been heralded for its ability to bring increased opportunities to the… Read More

September 10, 2015 @ 9:09 am By Ben Miller  |  

The investment crowdfunding space is on fire – growing by more than 1000% a year. Within real estate alone, total investment is projected to hit $2.5 billion by the end of December. Meanwhile, FinTech has become glorified as a revolution in finance ready to take… Read More

September 3, 2015 @ 3:14 am By Midori Yoshimura  |  

  The first real estate project in New York to be financed notably through crowdfunding, AKA United Nations, will open to guests starting Sept. 10, notes a recent story on BloombergBusiness. The extended-stay hotel-condominium on East 46th Street near Second Avenue cost $95 million to purchase and fix up… Read More

September 1, 2015 @ 11:03 am By JD Alois  |  

Real estate crowdfunding platform Fundrise has helped to finance a “Class A” apartment building in Salt Lake City, Utah.  The 158 unit building, called the Bonneville, is located in the Central City neighborhood of Salt Lake City.  According to Fundrise, investors participating in the offer… Read More

August 25, 2015 @ 11:32 am By Erin Hobey  |  

Of course readers want to know what’s in your portfolio! Fundrise’s CEO Ben Miller just posted that he indeed invests in Fundrise’s offerings, 28 deals to date. “As a developer myself, I understand that there are risks in any real estate project and not everything… Read More

July 22, 2015 @ 12:37 pm By Samantha Hurst  |  

Fundrise recently revealed to Crowdfund Insider that their real estate pipeline is ready to pop higher.  This is even with the fact that less than 1% of the 300 plus deals submitted each week are accepted to raise capital on the Fundrise platform. Co-founder and… Read More

June 22, 2015 @ 10:15 pm By JD Alois  |  

Fundrise, a trailblazer in the real estate crowdfunding space, is looking to expand and China is high on the list.  It is a natural step for the platform as the largest investor in Fundrise is Renren, a publicly traded social media platform based in Beijing…. Read More

June 19, 2015 @ 5:27 pm By JD Alois  |  

Title IV of the JOBS Act finally become an actionable exemption today.  Rules 251 through 263 of Regulation A, under the Securities Act of 1933, were amended in an effort to fix a previously untenable securities rule.  Reg A+, as it is commonly known, has… Read More

April 13, 2015 @ 6:21 pm By Samantha Hurst  |  

  Real estate crowdfunding platform Fundrise has shared a bit of history.  The first ever crowdfunded real estate project has opened up as a “communal food” and retail market in the H Street corridor in our nation’s Capitol. Maketto, located at 1351 H Street NE, was… Read More

March 27, 2015 @ 4:07 pm By JD Alois  |  

Fundrise, one of the first crowdfunding platforms in the United States, was an early innovator when it comes to real estate crowdfunding.  Founded by brothers Ben & Dan Miller, the pair started using old Regulation A to offer shares in small real estate deals. This… Read More

February 19, 2015 @ 10:42 am By Erin Hobey  |  

Leading Crowdfunding Platform Plans to Deploy Estimated $30 Million of Capital in Mile-High City Fundrise, the leading real estate crowdfunding platform, today announced that it has made its debut in the Denver real estate market after providing $1 million to finance a ground-up mixed-use apartment complex with… Read More

February 6, 2015 @ 1:27 pm By JD Alois  |  

Real estate crowdfunding platform Fundrise has received commitments from six institutional funds for more than $100 million to invest on their platform. The specific fund names were not disclosed. The significant amount of backing was qualified as due to Fundrise’s “success in tapping into the… Read More

December 16, 2014 @ 11:10 am By Samantha Hurst  |  

First Crowdfunded Real Estate Project in Detroit  Fundrise, a leading real estate crowdfunding platform, today announced it is partnering with Larson Realty Group to develop the former Tiger Stadium in Corktown, Detroit’s oldest neighborhood.  It will be Fundrise’s first project in Detroit. The Economic Development Corporation… Read More

December 9, 2014 @ 10:48 am By JD Alois  |  

  Groundfloor, a real estate investment crowdfunding platform based in Atlanta that offers “micro-loans”, posted a comment letter on the SEC site in mid November sharing their opinion on the hot topic of State Blue Sky Pre-emption:  something viewed by many as a compelling aspect… Read More

December 9, 2014 @ 10:37 am By Samantha Hurst  |  

Real estate crowdfunding platform Fundrise announced on Tuesday (December 9th) it has launched a new single-family home funding arm.  The company plans to allocate approximately $10 million per month to qualified real estate investors with a proven record of successful purchases and rehabs in top markets… Read More

October 2, 2014 @ 3:14 pm By JD Alois  |  

Real estate crowdfunding platform Fundrise has boosted their executive team with the appointment  of Tom Lockard to Vice President of Real Estate and Institutional Sales. Lockard will manage the company’s new San Francisco office and seek to expand the company’s presence in California.  He will be responsible for… Read More

October 1, 2014 @ 9:56 am By Samantha Hurst  |  

Real estate platform, Fundrise, announced on Wednesday (October 1st) that it has raised $650,000 from 37 investors in a private offering for 1326 Florida Avenue NE, a contemporary apartment development in the burgeoning H Street Corridor sponsored by Ditto Residential. 1326 Florida Avenue NE is expected to… Read More