Tagged: realtyshares

RealtyShares Reports “Largest Commercial Debt Transaction to Date”

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

RealtyShares Appoints Former CEO of Cushman & Wakefield Edward Forst As New Board of Directors Member

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

De Rito Partners Raises $800,000 on RealtyShares For Arizona Shopping Center

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

RealtyShares’ Latest Survey Reveals: Americans May Not Know Which Investment Types Have Performed Best in Real Estate

Real estate marketplace lending platform RealtyShares, announced on Thursday findings from its new Real Estate Investing Survey, which was conducted online among over 2,000 U.S. adults in March 2017 by Harris Poll on its behalf. The report revealed Americans’ interest in real estate investing. According to… Read More

RealtyShares Reports: $3 Million Was Raised for Clarendon Park Apartments in Phoenix

Real estate crowdfunding platform RealtyShares announced on Tuesday its network of accredited investors has collectively funded a $3 million investment for the acquisition of Clarendon Park Apartments, a 138-unit multifamily property located in Phoenix, Arizona. The property is located in midtown, which is between the city’s two largest… Read More

RealtyShares’ Latest Data Reveals: Texas Real Estate Market Active for Real Estate Crowdfunding (Infographic)

RealtyShares released data showing the total amount of crowdfunded real estate investments in Texas. Real estate crowdfunding platform stated that to date $28.1 million has been raised for 31 real estate deals, ranking Texas among the most popular states for investors on the RealtyShares platform along… Read More

RealtyShares Milestone: Raises Largest Joint Venture Capital Investment to Date For Miami Apartment Complex

Real estate crowdfunding platform RealtyShares announced on Tuesday its network of accredited investors secured $3.5 million in equity capital for the $67.3 million acquisition and renovation of Avesta Biscayne in North Miami, Florida. The funding portal reported that this is the largest equity investment it has raised… Read More

Hot Market: RealtyShares Crowdfunds $32.5 Million for Midwest Real Estate Projects

RealtyShares, a real estate crowdfunding platform, has published data on real estate projects located in the midwest that have been financed via their online marketplace. To date, developers, sponsors and borrowers in Ohio, Wisconsin, Michigan, Indiana and Illinois have raised $32.9 million from investors on… Read More

Solid Growth: RealtyShares Has Now Raised Over $300 Million in Real Estate Crowdfunding

Real estate crowdfunding platform RealtyShares has announced that over $300 million in real estate finance has been raised on its crowdfunding platform. During the fall of 2016, RealtyShares announced they had topped $200 million indicating solid growth in the past several months.  Serving both institutional… Read More

Avesta Communities Secures $2.25M Through RealtyShares For Orlando Apartment Complex

RealtyShares announced on Thursday its community of investors raised $2.25 million to recapitalize and fund the renovation of Avesta Communities’ Bridgewater complex, a 344-unit apartment community located in Orlando, Fla. According to RealtyShares, Avesta Communities recently acquired the property below its appraised value and planned to perform… Read More

RealtyShares Completes Initial Close of Diversified Marketplace Equity Fund

On Monday, RealtyShares announced it completed the initial close of its diversified marketplace equity fund. According to the real estate crowdfunding platform, the fund is set to enable investors to access a diverse portfolio of real estate investments through a single contribution. RealtyShares revealed that… Read More

RealtyShares Announcement: More Than $5.1M Has Been Raised For Nashville Dining Franchise Net Lease Deals

RealtyShares announced on Thursday a total of  $5,144,000 has been raised through its real estate crowdfunding marketplace for the acquisition and development of four free-standing triple net (NNN) leased quick service restaurants in Nashville, Tennessee. According to RealtyShares, the tenants, which includes three Checkers and… Read More

Bill Lanting Named Vice President of Commercial Debt Originations at RealtyShares

Real estate crowdfunding platform RealtyShares announced on Wednesday it has appointed Bill Lanting as Vice President of Commercial Debt Originations. Lanting reportedly brings real estate financing experience to RealtyShares and was previously an executive with Radisson and Wyndham Hotels. Nav Athwal, RealtyShares Founder and CEO,… Read More

RealtyShares Reports: Several Developers Return to the Real Estate Crowdfunding Platform

On Monday, RealtyShares announced several developers have returned to its real estate crowdfunding platform for additional projects. The website confirmed that Chris Wooten of Own Home, LLC, which funded his second residential acquisition in Nashville, Tennessee, and raised $398,000 from investors on the RealtyShares platform in October. Wooten… Read More

RealtyShares Now Offers Prefunded Deals

RealtyShares announced last week it is now offering prefunded deals on its real estate crowdfunding platform. The website revealed that these deals are beneficial to investors because they reduce time to curated accrual deals. Director of Investor Relations at RealtyShares, Amy Kirsch, stated: “RealtyShares recently closed… Read More

RealtyShares Completes First Off-Platform Commercial Real Estate Deal With BG10 Properties

On Thursday, RealtyShares announced its first commercial real estate deal that was funded on an off-platform institution delegate lender relationship. This deal was done with Pittsburgh-based apartment complex owner and operator, BG10 Properties.  According to RealyShares, BG10 secured $1.1 million through the deal for a multi-family… Read More

RealtyShares Finances $500,000 Preferred Equity Investment to Fund Acquisition & Rehabilitation of San Francisco Multi-family Property

On Wednesday, RealtyShares announced it financed a $500,000 preferred equity investment to fund the acquisition and rehabilitation of a 22-unit multi-family property in the San Francisco Bay Area called Greenleaf Apartments. The real estate crowdfunding platform reported that the project is being sponsored by Tesseract Capital… Read More

RealtyShares Announces New Milestone: Over $200M Secured Through Real Estate Crowdfunding Platform (Infographic)

On Monday, RealtyShares announced over $200 million has been secured through its real estate crowdfunding platform from its network of investors for residential and commercial real estate projects across the country. The funding portal revealed that it connects more than 25,000 accredited and institutional investors with… Read More

NAPA Ventures Raises $2.1 Million Investment on RealtyShares For Dallas Multi-Family Property

On Thursday, real estate crowdfunding platform RealtyShares announced the Network Acquisition Partnership Alliance (NAPA) has raised $2.1 million for a Dallas multi-family property. The funds will be used for the renovation and repositioning of the Westwood Apartments, a 187-unit complex comprising 25 residential buildings and… Read More

RealtyShares Receives $30 Million Line of Credit to Prefund Real Estate Offers

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