Tagged: nav athwal

November 20, 2017 @ 11:00 am By JD Alois  |  

  Nav Athwal, one of the more prominent founders in the real estate crowdfunding space, has announced his decision to step down from the CEO role at RealtyShares, a platform he founded four years ago. RealtyShares has raised over $500 million for real estate projects… Read More

September 15, 2017 @ 12:18 pm By Samantha Hurst  |  

RealtyShares announced on Thursday it raised $28 million during its Series C funding round, which included participation from Cross Creek Advisors, Danhua Capital, Barry Sternlicht (Founder of Starwood Capital and Starwood Resorts) and Bow Capital, along with prior investors Union Square Ventures, General Catalyst Partners, and… Read More

August 23, 2017 @ 4:27 pm By Samantha Hurst  |  

Last month, Real estate crowdfunding platform RealtyShares announced it acquired technology-first, marketplace platform Acquire Real Estate. The funding portal described Acquire as an innovative rival that has set a bar for product development within the industry. The company focused on developing industry-first products to serve its commercial sponsors and investors, keeping the platform… Read More

July 27, 2017 @ 9:00 am By Samantha Hurst  |  

Real estate crowdfunding platform RealtyShares announced on Thursday it has acquired technology-first, marketplace platform Acquire Real Estate. RealtyShares describes Acquire Real Estate as an innovative rival that has set a bar for product development within the industry. According to the funding portal, Acquire Real Estate was led by… Read More

April 20, 2017 @ 2:57 pm By Samantha Hurst  |  

Real estate marketplace lending platform RealtyShares, announced on Thursday findings from its new Real Estate Investing Survey, which was conducted online among over 2,000 U.S. adults in March 2017 by Harris Poll on its behalf. The report revealed Americans’ interest in real estate investing. According to… Read More

March 3, 2017 @ 2:23 pm By Samantha Hurst  |  

Real estate crowdfunding platform RealtyShares announced on Friday it completed its first full stack capital transaction, securing both debt and equity financing totaling $5.9 million, for the acquisition of Courtship Village, a 132-unit garden style apartment complex in Lancaster, Ohio. The property acquisition was led by Hamilton… Read More

January 24, 2017 @ 1:12 pm By JD Alois  |  

Real estate crowdfunding platform RealtyShares has announced that over $300 million in real estate finance has been raised on its crowdfunding platform. During the fall of 2016, RealtyShares announced they had topped $200 million indicating solid growth in the past several months.  Serving both institutional… Read More

November 30, 2016 @ 3:20 pm By Samantha Hurst  |  

Real estate crowdfunding platform RealtyShares announced on Wednesday it has appointed Bill Lanting as Vice President of Commercial Debt Originations. Lanting reportedly brings real estate financing experience to RealtyShares and was previously an executive with Radisson and Wyndham Hotels. Nav Athwal, RealtyShares Founder and CEO,… 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 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

June 30, 2016 @ 12:45 pm By Samantha Hurst  |  

On Thursday, RealtyShares announced it has appointed Simon Morris as its new Chief Product Officer. The funding platform revealed Morris assumes responsibility for overseeing technology and product development.  According to RealtyShares, Morris has nearly two decades of leadership experience under his belt. Most recently, he served as the… Read More

June 9, 2016 @ 3:50 pm By Samantha Hurst  |  

On Thursday, crowdfunding platform, RealtyShares, announced that it has helped finance a significant portion of the outside equity required for the purchase of the Courtyard by Marriott Columbus West in Columbus, Ohio. The establishment secured nearly $1.5 million through the portal’s investors. Sharing details about the investment, Nav Athwal,… Read More

April 25, 2016 @ 1:25 pm By Samantha Hurst  |  

Crowdfunding platform, RealtyShares, announced on Monday that it has appointed Arash Sotoodehnia as its new chief credit officer. Sotoodehnia will be responsible for managing RealtyShares’ risk analytic framework, policies and guidelines. He brings nearly two decades of experience in the financial services industry to the role, with… Read More

April 12, 2016 @ 10:33 am By Samantha Hurst  |  

RealtyShares, a crowdfunding real estate marketplace, announced on Tuesday that it launched an equity fund that is focused on large investors. According to the company, the equity fund is aimed at institutions, single-family offices and high net worth individuals to help increase exposure to the potential “alpha-generating” strategies… Read More

February 24, 2016 @ 11:00 am By JD Alois  |  

RealtyShares, a crowdfunding real estate marketplace, has closed on a $20 million series B funding round led by big name investor Union Square Ventures with participation from existing investors Menlo Ventures and General Catalyst Partners. Crowdfund Insider first revealed the capital raise this past January… Read More

February 23, 2016 @ 8:46 pm By JD Alois  |  

RealtyShares, a real estate crowdfunding marketplace, has announced placing both a $3.75 million first lien loan and a $975,000 2nd lien crowdfunded loan for a single family home renovation in Tiburon, California. The first lien went to an institutional capital provider. Nav Athwal, CEO of RealtyShares,… Read More

February 2, 2016 @ 10:34 am By JD Alois  |  

Real estate crowdfunding platform  RealtyShares states it has raised $2 million in relation to a preferred equity investment in a Florida single family home fund.  The offer was completed in concert with Sun  Coast Property Management, a privately owned real estate investment company that has… Read More

January 20, 2016 @ 4:31 pm By JD Alois  |  

RealtyShares, a real estate crowdfunding platform, has filed a Form D with the Securities and Exchange Commission indicating a funding round of approximately $20 million. The 506(c) filing shows the San Francisco based company closing on over $17 million. The first sale of equity for… Read More

January 7, 2016 @ 10:03 am By Samantha Hurst  |  

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

December 30, 2015 @ 5:41 pm By JD Alois  |  

As the entire world knows the Federal Reserve decided to increase their benchmark interest rate by 25 basis points on December 16th.  After much discussion and introspection, Janet Yellen, along with the other Fed board members, decided the economy was on solid enough footing to… Read More