Real estate crowdfunding pools money from many investors, through online platforms, to fund specific real estate projects, from single-family flips to large multifamily and commercial developments.
Log in to followValue-add multifamily on a portal, 96 units, 1978 construction, three story walk-ups, two markets over from where I do my renovation work. $28.5M purchase, $1.77M renovation budge…
I set up an account on one of the crowdfunding platforms to see what it actually looks like inside. There are two very different things offered and I can't tell what separates the…
Three and a half years into what was sold as a 24 month entitlement play, and there is a capital call notice sitting on my desk. Deal shape: 140 acres of raw ground on the growth…
I sold a small timber parcel last fall and have about $140k that isn't doing anything. My default is more land, but I've been reading a ground-up industrial flex deal on one of th…
Common equity in a ground-up multifamily deal on a portal. 48 units, wood frame over podium parking, total capitalization $11.2M. Hard costs come in at $165 a square foot, 24 mont…
I've been building a spreadsheet to compare offerings across platforms and it's gotten out of hand, because the headline number is the only thing that's comparable and it's the le…
Third crowdfunded LP position and the first time I've read a waterfall that orders things this way. Language is roughly: distributable cash goes first to an 8% cumulative preferre…
Looking at a first position mortgage offering on a crowdfunding portal. $10,000 minimum, 10.0% annual rate paid monthly, 12 month term with two 3-month extension options at the bo…