Real Estate Crowdfunding Sector Heats Up

Of the various industries in which the Regulation D version of crowdfunding has emerged, the real estate sector appears to the be hottest today.

Fundrise has just attracted another $3.6M in investment, bringing its total to about $38M.

The Wall  Street Journal reports that: “Other real estate crowdfunding companies include Realty Mogul, which has raised $10 million, AssetAvenue and RealtyShares, which have raised $3 million, RealCrowd, which has raised $1.6 million, and CrowdStreet, which has raised $800,000.”

These portals attract primarily local investors who can invest as little as $100 in a project.

One portal has moved to Georgia in order to utilize the state’s new intra-state crowdfunding law that permits non-accredited investors to invest.
http://blogs.wsj.com/venturecapital/2014/09/26/renren-backed-fundrise-bulks-up-in-real-estate-crowdfunding-sector/?mod=startupjournal

About JeffKoeppel

I am a corporate/securities attorney in the Washington, DC area. Prior to joining the firm, I was a Senior Attorney Advisor in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. I am a member of the Bars of the States of Maryland, New York and the District of Columbia. You can also follow this blog on LinkedIn at: http://www.linkedin.com/pub/jeffrey-a-koeppel/0/63/5a9
This entry was posted in Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, FINRA, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Venture Capital and tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

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