Wednesday, May 28, 2014

Real Estate Crowdfunding by State

The picture below shows states where real estate crowdfunding transactions have occurred.
We agree "crowdfunding" is one of the latest buzz words, but the fact that Merriam-Webster's Collegiate Dictionary recently added Crowdfunding speaks to the fact that crowdfunding is here to stay. 

While the full impact on the U.S. real estate market has yet to be determined, if the past year is any indication, real estate may be one of the biggest segments of the crowdfunding marketplace.

In twenty-three (23) states (plus the District of Columbia), project sponsors have successfully funded multiple real estate and property transactions.  These states, shown above in blue, and listed in alphabetical order, are: Alabama, Arizona, California, District of Columbia, Florida, Georgia, Illinois, Indiana, Kansas, Louisiana, Michigan, Mississippi, Missouri,  New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, Tennessee, Texas, Utah,  Washington, and Wisconsin.

We will watch this sector of the marketplace carefully for continued growth. 

No comments:

Post a Comment