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Crowdfunding heads to Georgetown

So first Fundrise raises $31Million for real estate crowdfunding.  Now Realty Mogul, a real estate crowdfunding platform, responds quickly with a rare opportunity to be a part of a $31.8 million project in the exclusive Georgetown neighborhood of Washington DC. #crowdfundrealestate Realty Mogul, along with   JOSS Realty Partners ( "JOSS" ) , is introducing the Georgetown Plaza to the crowdfunding world. This 150,097 square foot   Class B office building is  located on Wisconsin Avenue, Washington DC's major north-south artery and half a mile north of Georgetown University's main campus and Georgetown University Hospital. The primary objective of this investment crowdfunding campaign is to acquire, lease-up, and reposition the office building before reselling. In this crowdfunding transaction, Realty Mogul investors will hold a partnership equity stake in Realty Mogul 19, LLC.   Realty Mogul 19, LLC will subsequently invest in 2233 Wisconsin NY Me...

Real Estate Crowdfunding just took another BIG leap ......

The Washington Post reported that Ben Miller, the co-founder of Fundrise.com, said that his firm has received $31 million in financing from tech and real estate investors led by Chinese social media giant Renren and executives from New York developer Silverstein Properties. Other investors include Scott Plank, formerly of Under Armour, and Rich Boyle, former chairman and chief executive of Loopnet. http://www.washingtonpost.com/news/digger/wp/2014/05/28/fundrise-lands-31-million-in-financing-led-by-chinese-social-media-firm/

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,...

Crowdfunding: New SEC Rules

Crowdfunding : New SEC Rules Thursday, February 20, 2014 from 7:00 PM to 8:30 PM (EST ) Washington, DC This seminar will summarize the JOBS Act and current developments. Henry Burger will discuss Real Estate Crowdfunding. We will have copies of The JOBS Act: Crowdfunding for Small Businesses and Startups for sale. See: http://www.amazon.com/The-JOBS-Act-Crowdfunding-Businesses/dp/143024755X Finally, we will discuss the following developments: http://crowdfundingnow.blogspot.com/2014/01/strategies-7-keys-to-crowdfunding.html http://crowdfundingnow.blogspot.com/2013/08/how-to-crowdfund-5-crowdfunding-tips.html http://crowdfundingnow.blogspot.com/2013/06/successful-crowdfunding.html https://docs.google.com/forms/d/1XNaKgws4wJTgtEeLt4BiOFyLJx-f1ARLIH5KB56Vf6g/viewform Register at:  https://crowdfundclass.eventbrite.com Thanks! Related articles Crowdfunding Beat: Seed & Spark vs. SEC JOBS Act Rules Crowdfunding Real Estate Investments is the Focus of...