Does real estate have room for crowdfunding?
An editorial in the Atlanta Business Chronicle raises an interesting question: does real estate have room for crowdfunding as a means to raise cash for projects?
The columnist Jonathan Wilson, says it does. He explains below:
After my last two columns about how crowdfunding might be used to raise cash for real estate projects, I was swamped with calls from crowdfunding platforms whose principals told me of their plans to start doing deals in Atlanta.
One of the more interesting points that came up in all of these calls is the question of where crowdfunded cash should fit into the capital stack of a real estate deal. There are several views among the several platforms coming to Atlanta, and how their philosophies compete against each other will be one of the stories that plays out in the space in the next few years.