Items Tagged with 'Crowdfunding'

ARTICLES

  • Crowdfunding lending platform Groundfloor turns to crowdfunding to raise money, for itself

    Aims to raise $7 million by inviting public to buy shares in company
    Groundfloor, a real estate lending platform that raises its loan funds via crowdfunding from the public, is turning to crowdfunding to raise money for something else – itself. But, the company is not going the Initial Public Offering route via the New York Stock Exchange or Nasdaq. Rather, Groundfloor is launching an online public offering, in which it’s seeking to raise more than $7 million from the public.
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  • Employers can now contribute to their employees’ down payments, just like a 401(k)

    HomeFundMe, a crowdfunding down payment site, expands
    Many employers offer a number of benefits as a way to entice new employees to join the company, including health insurance, paid time off, and contributions to the employees’ 401(k) account. While employees may not see the benefits of their 401(k) until they retire, employers can now offer a new benefit that employees will be able to use much sooner – help with a down payment on a house.
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  • Crowdfunding platform Groundfloor boosts lending capability by $100 million

    Deal with Direct Access Capital allows company to significantly grow lending base
    Groundfloor, a residential real estate crowdfunding platform, is set to grow its business thanks to a new agreement with Direct Access Capital, a specialty finance company focused on providing liquidity to non-bank lenders of short-term, residential-backed business loans. Through a whole loan purchase relationship with Direct Access Capital, Groundfloor plans to increase its loan origination volume and expand its product offerings over the next year to the tune of $100 million.
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  • Real estate crowdfunding platform RealtyShares buys rival Acquire Real Estate

    Will grow funding capabilities in commercial real estate
    RealtyShares, which bills itself as the “leading online marketplace for real estate investing,” announced Thursday that it bought Acquire Real Estate, which the company calls an “innovative rival” that also offers a real estate investing platform. RealtyShares founder and CEO Nav Athwal said that the deal will allow the company to drive real change in the industry.
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  • From HW Magazine

    Patch of Land offers debt-based crowdfunding solution

    Investors benefit from prefunded loans and direct security
    Patch of Land’s loans are prefunded, which means that borrowers receive their funds right away so they can begin working on a project, and investors who have contributed funds to a loan will begin to accrue interest as soon as their funds clear escrow.
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  • Crowdfunding real estate site raises $31 million

    Is the revolution real?
    “With this raise from established players, Fundrise intends to expand its offerings to institutional investors interested in direct exposure to world-class real estate,” the company announced. “Fundrise can now increase its presence in major U.S. cities so that every citizen can build a real estate portfolio and access diverse, high-yield real estate opportunities through a streamlined online platform.”
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