Tagged: nav athwal

RealtyShares’ Latest Survey Reveals: Americans May Not Know Which Investment Types Have Performed Best in Real Estate

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

RealtyShares Completes First Full Stack Capital Transaction For Ohio Apartment Complex Acquisition

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

Solid Growth: RealtyShares Has Now Raised Over $300 Million in Real Estate Crowdfunding

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

Bill Lanting Named Vice President of Commercial Debt Originations at RealtyShares

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

RealtyShares Announces New Milestone: Over $200M Secured Through Real Estate Crowdfunding Platform (Infographic)

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

RealtyShares Receives $30 Million Line of Credit to Prefund Real Estate Offers

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

RealtyShares Appoints Former BitTorrent GM Simon Morris as Chief Product Officer

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

RealtyShares Helps Finance Ohio Marriott Hotel Purchase

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

RealtyShares Appoints Arash Sotoodehnia As Chief Credit Officer

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

RealtyShares Debuts Larger Investors Focused Equity Fund

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

RealtyShares Closes $20 Million Series B Led by Union Square Ventures

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

RealtyShares: We are a “One Stop Shop” for Commercial Real Estate Financing

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

RealtyShares Raises $2 Million for Florida Residential Fund

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

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

Q&A with RealtyShares: Will Rising Interest Rates Impact Real Estate Crowdfunding?

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

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. Each 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:… Read More

RealtyShares Jumps to Over $30 Million in Real Estate Investment in Q3

RealtyShares, has announced topping $30 million in real estate investments during the third quarter of 2015.  The accredited crowdfunding platform stated it continues to see solid investor demand across diverse property types.  RealtyShares claimed to have some of the most robust deal flow within the… Read More

RealtyShares Introduces New Mezzanine Financing Products

RealtyShares has announced the introduction of new mezzanine financing products “designed to meet demand from both investors and sponsoring real estate companies.” Riskier than senior secured debt but superior to equity in the capital stack, these shorter-term debt offerings can generate higher returns for investors…. Read More

RealtyShares Gives Feedback on SEC No Action Letter Responding to Citizen.VC

Real estate platform RealtyShares has shared their perspective on the recent no-action letter issued by the SEC in response to an inquiry by Citizen VC, Inc. as to that company’s method of onboarding new investors. The letter forwarded to the SEC by Citizen.VC counsel Mintz Levin outlined several policies and… Read More