Donnerstag, 25. April 2013

Crowdfunding Invades Real Estate

David Drake, LDJ Capital
Here is a rundown of the real-estate crowdfunding firms I think will have the biggest impact. (Full disclosure: I have advised Primarq (number 7) on its secondary market strategy, where investors can sell their shares without having to liquidate the actual properties.)

1. Fundrise –The company lets people invest in their local communities, earning profits while becoming socially involved. Since its August launch it has raised $575,000 for two projects in Washington, DC—a food market and the rehabilitation of a closed library into an apartment building with retail space.

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