Tagged: patch of land

Patch of Land Adds Voice of Support for Real Estate Crowdfunding Sector Following RealtyShares News

Patch of Land World

Patch of Land, another early entrant in the real estate crowdfunding sector, has joined the growing chorus of platforms commenting on the demise of RealtyShares while expressing its confidence in the industry. Patch, one of the very first online property finance platforms, started as a… Read More

As RealtyShares Shuts Down, the Real Estate Crowdfunding Industry Ponders the Future

Path Road Bridge Curve Orange Barrels Fall 1

Earlier this week it was revealed that RealtyShares, a respected real estate crowdfunding platform that has originated just under $900 million in investment capital, was winding down operations. The turn of events was driven by the lack of available risk capital to keep the real… Read More

Paul Deitch Departs CEO Position at Patch of Land. Co-Founder Jason Fritton Steps Back into Leadership Role

Paul Deitch

Patch of Land, a prominent real estate crowdfunding platform, has announced a major executive change. Paul Deitch, who has been CEO of Patch of Land since 2016, has stepped down from the role. According to Patch, Jason Fritton, co-founder and Chairman of the Board, will… Read More

Patch of Land Announces New AutoInvest Feature

Paul Deitch

Online real estate marketplace Patch of Land announced on Monday the launch of its new platform feature, AutoInvest. According to the lender, AutoInvest automatically secures access to the platform’s investment opportunities that match participants’ pre-selected customized investment criteria. Additionally, the feature facilitates portfolio diversification with… Read More

Patch of Land Expands Senior Warehouse Debt Facility With SF Capital From $10 Million to $30 Million

Paul Deitch

Real estate lending platform Patch of Land announced on Wednesday it has expanded its senior warehouse debt facility with private investment firm SF Capital from $10 million to $30 million. According to Patch of Land, the expanded debt facility will provide it with greater flexibility… Read More

Prominent Fintech Executive AdaPia d’Errico Joins AlphaFlow

adapia dErrico

AlphaFlow, an online real estate investment management platform, has appointed AdaPia d’Errico as Chief Operating Officer. The new hire was said to be part of an initiative to scale the investor platform and expand AlphaFlow’s channels. d’Errico has been well-known in the real estate crowdfunding… Read More

Patch of Land Hires Matthew Zall as Chief Investment Product Officer

Matthew Zall

Patch of Land Prepares to Add Lending Products for $6 trillion Single-Family Rental Market. Patch of Land, an online real estate marketplace lender and crowdfunding platform, has announced the hiring of Matthew Zall as Chief Investment Product Officer. The new executive was added to the… Read More

Patch of Land Adds Executives Including New CFO and CMO

Patch of Land World

Real estate crowdfunding platform Patch of Land has announced several management changes with two executives. Min Lee will be joining the real estate marketplace as the Chief Financial Officer and Robert Greenberg has been appointed as its Chief Marketing Officer.  Patch of Land said the… Read More

Patch of Land is Raising Money

Patch of Land World

Patch of Land, a real estate crowdfunding platform, has filed a Form D (506c) with the SEC to raise $3.2 million in debt capital. According to the document, Patch of Land has already raised $1.5 million. A minimum investment threshold has been set at $250,000…. Read More

Long Time Patch of Land Executive Departs Company

adapia dErrico

AdaPia d”Errico, a long-time Patch of Land executive, has departed the real estate crowdfunding platform. In a note to stakeholders, Patch of Land CEO Paul Deitch stated; “It is with mixed emotions that we are announcing the departure of AdaPia d’Errico, Patch of Land’s Chief… Read More

Patch of Land Moves Into Single Family Rental Market in Utah

Paul Deitch Headshot

Patch of Land is offering $4 million in a portfolio of single family rental properties in Utah.  The offer is to refinance a grouping of 36 properties in the Ogden / Salt Lake City metro areas.  The deal is structured as four 24 month loans… Read More

Patch of Land CEO Paul Deitch Talks Transition, Real Estate Marketplace

Patch of Land Change

    Patch of Land is one of the best known real estate crowdfunding platforms in the sector.  Launched soon after the signing of the JOBS Act of 2012, Patch has leveraged Title II, or accredited crowdfunding, to provide unique access to real estate investments… Read More

Patch of Land Adds Institutional Investors to Real Estate Platform

Jillian Jaccard

Real estate crowdfunding platform Patch of Land has added institutional investors to its marketplace. According to information provided by the company, Prime Meridian Capital Management and AlphaFlow have committed to investing in the offers on an ongoing basis.  The agreement should help shore up any… Read More

Patch of Land Says Reg CF is Nice, But it is Not for Them

I love Real Estate Investing

Title III crowdfunding kicked off a week ago today (May 16th).  The launch of retail crowdfunding took a long, circuitous route to realization with much discussion and debate along the way.  The platforms that are leveraging the new securities exemption believe it is a viable… Read More

Change at the Top: Paul Deitch of Oaktree Capital Steps in as CEO of Patch of Land

Jason Fritton Sketch

    Over the past several months there have been rumblings about impending change at real estate crowdfunding platform Patch of Land.  Following a significant staff reduction, where several well known Patch of Land employees were let go, industry chatter picked up as to what… Read More

Patch of Land Tops $100 Million in Real Estate Financing. Returns Over $25 Million to Investors

Jason Fritton

Patch of Land, one of the trailblazing real estate crowdfunding platforms that has helped to establish the emerging marketplace, has topped $100 million in real estate financing. Patch of Land has targeted its platform at short term debt finance that is utilized to purchase, refinance… Read More

Patch of Land Introduces Mid Term Loans to Portfolio of Financing Options

Patch of Land Active States March 2016

Real estate crowdfunding platform Patch of Land has updated their product offerings with a mid-term loan option.  The new financing vehicle is designed to provide financing for 2 to 5 years with rates commencing at 6%. Financing is for both purchases and refis. Previously the… Read More

A Quarter Billion Institutional Credit Will Not Deter Patch of Land’s Commitment to the Crowd

Counting Money

Patch of Land is a debt-based crowdfunding platform that has generated solid success by allowing accredited investors to invest in smaller real estate projects.  The company has registered several “firsts” including the first online lender to prefund all loans, as well as offering truly secured… Read More

Huge: East Coast Credit Fund Commits $250 Million towards Patch of Land Investments

Jason Fritton

On Wednesday, real estate crowdfunding marketplace, Patch of Land, announced an East Coast Credit fund has signed an agreement to purchase loans in a “forward flow arrangement”. This commitment will put $250 million towards the platform’s investments. According to the website, the involvment of the… Read More

Too Many Real Estate Deals To Choose From? Never Fear, New Methods Are Here.

I love Real Estate

Real estate crowdfunding is one of the most popular forms of investment-based crowdfunding in the industry today. That is why it has already accounted for millions of dollars in project funding in just the last couple years. As the popularity and viability of this market… Read More

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