Tagged: real estate

February 27, 2014 @ 1:52 pm By JD Alois  |  

American Homeowner Preservation (AHP) has acquired a pool of non-performing mortgages made to borrowers with Individual Taxpayer Identification Numbers (ITINs). The mortgages are secured by homes in more than eight states, with the greatest concentrations in Illinois and Indiana. AHP utilizes a real estate crowdfunding… Read More

February 25, 2014 @ 10:48 am By JD Alois  |  

The Pavonis Group has closed a seed investment in crowdfunding platform, ProHatch LLC. This round of capital will primarily fuel ProHatch’s platform enhancements for investment crowdfunding and acceleration of their real estate vertical. ProHatch is a crowdfunding platform built where professionals can come together in… Read More

February 24, 2014 @ 9:19 pm By Charles Luzar  |  

Propellr has announced the launch of their platform specializing in alternative assets,  help accredited investors access institution-level opportunities previously reserved for the wealthiest of Americans or those “in the know.” We’re taking the kind of private placement deals usually found in hedge funds and making… Read More

February 24, 2014 @ 6:17 pm By Charles Luzar  |  

Realty Mogul is continuing their push into exciting real estate markets around the county. The latest market to see activity from the equity crowdfunding platform is Los Angeles, where five multi-family properties – 141 units in total – were just crowdfunded. We have many accredited… Read More

February 22, 2014 @ 6:51 am By JD Alois  |  

American Homeowner Preservation (AHP) has shared a success story Danita Bailey’s success story as part of their new real estate crowdfunding model. Georgia resident, Danita Bailey, experienced severe financial hardships in the Spring of 2013. After the loss of her husband and increasing difficulty finding… Read More

February 21, 2014 @ 11:53 am By JD Alois  |  

Real Estate Crowdfunding site Patch of Land has launched two new deals on its platform, growing its portfolio of real estate debt investments from single-family residential projects to multifamily apartment buildings. They are now open to investment by accredited investors. The two projects launched on… Read More

February 20, 2014 @ 11:01 pm By JD Alois  |  

Prodigy Network, one of the first crowdfunding for real estate platforms, has announced the launch of “Prodigy Design Lab”, the very first crowdsourcing platform dedicated to real estate, architecture, interiors, and urban planning. The first competition hosted on this new platform is for the design of the… Read More

February 12, 2014 @ 11:55 am By JD Alois  |  

Peer-to-Peer crowdfunding platform LendInvest continues to post impressive results.  The company earlier this year reported growing to £25,000,000 in loans completed since their launch in late spring of last year.  The company captured significant media cover regarding a P2P loan for £4.12 million which has… Read More

February 7, 2014 @ 9:54 am By Charles Luzar  |  

RealtyShares only emerged from beta recently, in November of 2013 to be precise. Now the hybrid real estate crowdfunding platform has announced a new platform feature that will allow investors to use Bitcoin to invest in real estate deals. Why? It all boils down to… Read More

February 6, 2014 @ 10:44 am By JD Alois  |  

As part of Social Media Week, held in New York this month, real estate crowdfunding site Prodigy Network will lead the conversation on, “Crowdsourcing and Crowdfunding: A Social Media Revolution In Real Estate,”  Prodigy Network will explore the impact social media has on the real… Read More

February 5, 2014 @ 8:00 am By JD Alois  |  

Ft. Lauderdale based Open Source Capital has announced the launch of their accredited investor platform for real estate.  CrowdBuilderFinancing wants to provide crowdfunding solutions for builders and developers.  The new portal can help raise capital when banks are not lending. Kyle Meyer, Managing Director of Open… Read More

January 28, 2014 @ 9:33 am By JD Alois  |  

Peer-to-Peer lending platform LendInvest was interviewed on CNBC yesterday talking about their business.  Christian Faes discusses their mortgage based P2P operation and talks about a recent bridge loan where the investor received a 14% per annum interest rate. LendInvest, launched in May 2013, has jumped… Read More

January 25, 2014 @ 6:47 am By JD Alois  |  

Marcus Books, the nations oldest black owned bookstore located in San Francisco, is facing the possibility of displacement. Fundrise, a commercial real estate crowdfunding platform, is helping them raise $1 Million to buy back the property. Fundrise is seeking accredited investors to save a property…. Read More

January 14, 2014 @ 7:30 am By JD Alois  |  

Not very long ago there were no real estate crowdfunding platforms.  Today there are at least a dozen and that number will grow rapidly.  The efficiencies generated by crowdfunding to an industry which has traditionally been driven by large institutional investors and commercial developers will… Read More

January 8, 2014 @ 9:35 am By JD Alois  |  

Co-founder and CEO of real estate crowdfunding platform Realty Mogul Jilliene Helman, has been named to Inman News’ list of the top 100 most influential real estate leaders for 2013.  Inman, a leading news provider for the real estate industry, regularly recognizes real estate industry… Read More

January 3, 2014 @ 9:57 am By JD Alois  |  

Peer-to-Peer commercial property lender Relendex is going after a third round of funding and they are crowdfunding now on Angels Den.  Relendex has already raised £1.6 Million in equity and management is looking to raise another £150,000.  The Relendex team states they have built their… Read More

December 23, 2013 @ 5:00 am By Charles Luzar  |  

In applying a loose definition of the term “crowdfunding,” Rodrigo Nino stands as the undisputed king of the emerging fundraising methodology. He and his team at Prodigy Network crowdfunded a building in Colombia to the tune of over $175 million from investors both in Colombia… Read More

December 20, 2013 @ 2:23 pm By JD Alois  |  

Realty Mogul Secures $1 Million for First-Ever Equity Crowdfunding of a Self-Storage Facility. Realty Mogul, a real estate marketplace for accredited investors in pre-vetted investment properties, has announced the first-ever crowdfunded self-storage facility. This private placement, traditionally offered only to larger institutional investors, will help enable… Read More

December 19, 2013 @ 9:20 pm By JD Alois  |  

Groundfloor, a new crowdfunding site for real estate based in Georgia, has announced their second project following their successful private pilot launch which occurred this past November.  The first project which is raising $300,000 for a residential development is being followed by a refinancing of… Read More

December 12, 2013 @ 10:24 am By JD Alois  |  

Patch of Land, a crowdfunding site for real estate investments, has listed three properties on their platform in the NYC market.  The new projects will focus on neighborhoods that are growing due to overflow from the booming real estate market in Manhattan. “Property is becoming… Read More