Tagged: realtyshares

March 3, 2020 @ 11:00 pm By JD Alois  |  

Last week, Crowdfund Insider reported on the apparent downfall of a once high-profile real estate crowdfunding platform Prodigy Network. In 2019, its founder and CEO Rodrigo Niño said he was stepping aside following reports of a lawsuit affiliated with a project in Chicago. Things recently… Read More

October 22, 2019 @ 3:41 pm By JD Alois  |  

IIRR Management Services (IRM) claims to be one of the largest crowdfunded real estate investment firms in the world. IRM is owned by RREAF Holdings and iintoo Investments. The company recently took over management of Realtyshares’​ portfolio – once a prominent entrant in the real… Read More

May 18, 2019 @ 4:48 pm By JD Alois  |  

Recently Crowdfund Insider encountered a successful service that is not exactly a high profile business in the Fintech world. Back office fund management provided by Assure Services. What we did not realize is that many Fintech platforms are outsourcing their fund management so they may… Read More

May 13, 2019 @ 12:39 pm By JD Alois  |  

Commercial real estate crowdfunding platform iintoo has stepped up and acquired the assets of defunct platform RealtyShares. Deal terms were not disclosed. The news was revealed in a release from iintoo. RealtyShares, previously a leader in the real estate crowdfunding sector, shocked the market when… Read More

March 4, 2019 @ 11:56 am By JD Alois  |  

Real estate crowdfunding is going through a bit of a transition right now. Some platforms that garnered early traction have dimmed or disappeared while others have emerged to lead the charge as they execute on their chosen business model. ArborCrowd is a platform that has… Read More

November 10, 2018 @ 9:49 am By JD Alois  |  

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

November 9, 2018 @ 10:44 am By JD Alois  |  

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

November 7, 2018 @ 9:02 pm By JD Alois  |  

RealtyShares, one of the more promising entrants in the once-hot real estate crowdfunding sector, is shutting down, according to several sources. A write up in the RealDeal from earlier today said the investment platform had been unable to raise additional growth capital as investors failed to… Read More

March 20, 2018 @ 12:27 pm By Samantha Hurst  |  

  RealtyShares, a leading online marketplace for commercial real estate investing, today announced it is featured by Airbnb as a financing resource in its Multifamily Properties Toolkit, which is described as a website that gives owners, operators, and developers of multifamily buildings resources to support long-term… Read More

March 7, 2018 @ 12:39 pm By Samantha Hurst  |  

RealtyShares, an online marketplace for real estate investing, announced on Wednesday the results from its Commercial Real Estate Investing Survey, which was conducted online among over 2,000 U.S. adults in December 2017 by Harris Poll on its behalf. The results revealed that many Americans believe… Read More

January 12, 2018 @ 1:00 pm By Samantha Hurst  |  

Real estate crowdfunding platform RealtyShares took a look back at 2017 with its Year-in-Review. While sharing details about the past twelve months the funding portal revealed: “Disruption in the commercial real estate industry hit a fever pitch in 2017. We saw a change in the tax code,… Read More

November 20, 2017 @ 11:00 am By JD Alois  |  

  Nav Athwal, one of the more prominent founders in the real estate crowdfunding space, has announced his decision to step down from the CEO role at RealtyShares, a platform he founded four years ago. RealtyShares has raised over $500 million for real estate projects… Read More

October 9, 2017 @ 2:31 pm By Samantha Hurst  |  

Real estate crowdfunding platform RealtyShares announced last week it has financed several commercial properties in Texas. The funding portal revealed that a total of $10.1 million was raised for Sheraton DFW Airport Hotel and Texarkana Multifamily Portfolio. RealtyShares reported that it secured $2.4 million equity investment… Read More

September 15, 2017 @ 12:18 pm By Samantha Hurst  |  

RealtyShares announced on Thursday it raised $28 million during its Series C funding round, which included participation from Cross Creek Advisors, Danhua Capital, Barry Sternlicht (Founder of Starwood Capital and Starwood Resorts) and Bow Capital, along with prior investors Union Square Ventures, General Catalyst Partners, and… Read More

August 23, 2017 @ 4:27 pm By Samantha Hurst  |  

Last month, Real estate crowdfunding platform RealtyShares announced it acquired technology-first, marketplace platform Acquire Real Estate. The funding portal described Acquire as an innovative rival that has set a bar for product development within the industry. The company focused on developing industry-first products to serve its commercial sponsors and investors, keeping the platform… Read More

July 27, 2017 @ 9:00 am By Samantha Hurst  |  

Real estate crowdfunding platform RealtyShares announced on Thursday it has acquired technology-first, marketplace platform Acquire Real Estate. RealtyShares describes Acquire Real Estate as an innovative rival that has set a bar for product development within the industry. According to the funding portal, Acquire Real Estate was led by… Read More

June 29, 2017 @ 10:35 am By Samantha Hurst  |  

Real estate crowdfunding platform RealtyShares announced on Thursday it has appointed Kristina Wallender as its new senior vice president of marketing. According to the funding portal, Wallender has both marketplace and marketing leadership experience spanning large enterprise businesses such as Amazon and early stage companies like… Read More

June 20, 2017 @ 1:03 pm By JD Alois  |  

Real estate crowdfunding platform RealtyShares is reporting they have closed on the platforms largest commercial real estate debt transaction yet at $11.9 million. The deal was structured to include funding from RealtyShares’ institutional investor network as well as its crowdfunding marketplace. The funding was for… Read More

May 11, 2017 @ 11:42 am By Samantha Hurst  |  

Real estate marketplace lending platform RealtyShares announced on Thursday that Edward Forst, former president and CEO of Cushman & Wakefield, was named the newest member of the company’s board of directors. According to RealtyShares, Forst oversaw 16,000 real estate professionals in 60 countries at Cushman & Wakefield. He joined… Read More

May 4, 2017 @ 11:50 am By Samantha Hurst  |  

Real estate marketplace lending platform RealtyShares announced on Thursday Arizona retail investment and brokerage firm, De Rito Partners, secured $800,000 through its platform for a Mesa-base shopping center. According to the funding portal, De Rito Partners acquired the property last year and is looking to capitalize on a… Read More