Brief: PropFunds Crowdfunds Bridge Loan for Luxury Homes
Real estate crowdfunding platform PropFunds has just funded a bridge loan of $750,000 for a luxury home development in Hidden Hills, CA. According to the company the loan to value does not exceed 65% and the annualized return to the investors should be 11.25%. The… Read More
Read more in: Investment Platforms and Marketplaces | Tagged jim aldrich, propfunds, real estate