Tagged: real estate

September 13, 2016 @ 9:03 am By Samantha Hurst  |  

Real estate crowdfunding platform, Sharestates, announced on Tuesday it has successfully raised $1.3 billion in committed capital for the purchase of loans. Launched in February 2015, the funding website has originated more than $150 million in loans for over 200 projects, with an average loan size… Read More

September 13, 2016 @ 7:00 am By Erin Hobey  |  

Point, claiming the title as the first financial technology platform that allows homeowners to unlock their home equity wealth without taking on new debt, announced today that it has raised $8.4 million in Series A funding led by Andreessen Horowitz which also led the company’s… 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

September 7, 2016 @ 3:49 pm By JD Alois  |  

As we reported last week, StartEngine has listed an interesting offer for investors (since updated to a Title II offer from a Reg A+ . The equity crowdfunding platform has an offer to invest in the former mansion of William Randolph Hearst – the individual… Read More

September 5, 2016 @ 8:50 am By Therese Torris  |  

This summer, crowdinvesting platform WiSeed became authorized as Investment Services Provider (ISP) by the French regulator of financial institutions, the Autorité de Contrôle Prudentiel et de Résolution (ACPR), with the approval of the securities market regulator, the Autorité des Marchés Financiers (AMF). Obtaining this status… Read More

September 1, 2016 @ 2:08 pm By JD Alois  |  

Real estate crowdfunding platform Prodigy Network is launching its 5th equity crowdfunding offer to develop coworking spaces in Manhattan.  The newest project, the Assemblage / Park Avenue South will seek a raise of $53 million from accredited investors.  The term is expected to last 3… Read More

August 31, 2016 @ 7:43 am By JD Alois  |  

Real estate crowdfunding platform iFunding (Innovational Funding LLC) has settled a lingering lawsuit regarding a shareholder claim against the young  company. According to information provided by iFunding, the lawsuit brought against the company by Michael J. Turner has been settled for cash.  The cash settlement… Read More

August 30, 2016 @ 3:20 pm By JD Alois  |  

The SEC Office of Investor Education and Advocacy has issued a bulletin regarding Real Estate Investment Trust’s or REITs. The SEC has created a comparison chart differentiating between publicly traded REITs and Non-Traded REITs. As one would expect, non-traded REITs are not listed on any… Read More

August 30, 2016 @ 7:54 am By JD Alois  |  

EstateGuru, a peer to peer lender based in Estonia, has announced an expansion into neighboring Latvia. The announcement comes just as EstateGuru announced earlier this month having topped €10 million in lending. EstateGuru is an online lender providing loans secured by real property for short to… Read More

August 29, 2016 @ 6:20 pm By JD Alois  |  

This is a different investment crowdfunding opportunity.  The former residence of William Randolph Hearst, the original newspaper magnate, is being crowdfunded on StartEngine using Reg A+ and is hoping to raise $40 million. Hearst originally purchased the house for $120,000 back in 1947.  The “Beverly… Read More

August 29, 2016 @ 8:34 am By JD Alois  |  

  Purplebricks Group (AIM: PURP), a UK-based hybrid estate agent providing a new way to buy, sell or let property, has launched its business in Australia, 28th August 2016, with an initial regional focus on Melbourne and Brisbane before rolling out nationally. CEO Michael Bruce… Read More

August 23, 2016 @ 9:16 am By Samantha Hurst  |  

Real estate crowdfunding platform iFunding announced on Tuesday it raised $1.95 million in preferred equity for a student housing apartment community which is located in Gainesville, Florida. The investment is being made just as the more than 600 bedroom property prepares to open for occupancy. Sharing details… Read More

August 22, 2016 @ 9:57 pm By JD Alois  |  

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

August 22, 2016 @ 12:06 pm By Samantha Hurst  |  

Real estate crowdfunding platform, RealtyMogul.com, announced on Monday it has appointed Sameer Shamsuddin as chief technology officer and Niall Weintraub as vice president of marketing. Both hires are part of the new wave of talent that it joining the funding platform’s Los Angeles office this month. RealtyMogul.com… Read More

August 16, 2016 @ 9:00 am By JD Alois  |  

RealtyMogul.com has launched their first REIT (real estate investment trust) labeled the MogulReit I.  The new investment vehicle will allow non-accredited investors access to commercial real estate investment opportunities. MogulReit will be using Reg A+ and thus may raise up to $50 million.  RealtyMogul.com described the… Read More

August 15, 2016 @ 3:59 pm By JD Alois  |  

CrowdStreet, an online marketplace for real estate investment, says business is booming. According to a report from the company, CrowdStreet is “oversubscribing multi-million dollar raises in less than 30 days.” CrowdStreet matches high net worth individuals with real estate sponsors. One recent offer was described… Read More

August 15, 2016 @ 2:35 pm By JD Alois  |  

In December of 2015 Fundrise, a trailblazer in the real estate crowdfunding sector, made a dramatic strategic shift. The platform decided to leverage Title IV of the JOBS Act, otherwise known as Reg A+, to create a fund of diversified real estate assets they labeled… Read More

August 11, 2016 @ 10:27 pm By JD Alois  |  

Singapore-based crowdfunding platform CoAssets is preparing to list on the Australian Securities Exchange (ASX) later this month. CoAssets is already traded on the NSX (CAX) but the move up to the primary exchange is viewed as enhancing credibility for the investment platform.  CoAssets is already… Read More

August 11, 2016 @ 4:51 pm By JD Alois  |  

Property Partner, a real estate crowdfunding platform, has added an interesting feature to their investment marketplace. Property Partner now allows individual investors to bid on property posted on the site.  Property Partner also states their new feature improves clarity for sellers too. According to a… Read More

August 11, 2016 @ 3:01 pm By JD Alois  |  

Estonia based EstateGuru has announced having surpassed €10 million in peer to peer lending for over 60 real estate projects. EstateGuru has been in operation for two years. Headquartered in Tallinn, Estonia – a country that has a vibrant startup scene, founders Marek Pärtel, Marko Arro… Read More