Real estate crowdfunder, Fundrise, has made its investment division into an independent company, RSE Capital Partners; the goal was to separate and focus on the two functions of capital raising - via Fundrise with its eReit platform - and capital providing to real estate projects; RSE will focus on financing real estate deals from $20 million to $100 million, while they examine ways to make terms more flexible. Source
The real estate crowdfunding space has been a mixed bag; a couple of companies have continued to focus solely on...
Lend Academy features two companies, Landed and Fundrise, who are taking a unique approach to building to new homes and providing down payment assistance. Source
I am certainly late with this but I have finally found the time to bring you my quarterly returns report...
Fundrise has announced a Regulation A investment offering of Rise Companies Corp. which is the parent company of the investment platform Fundrise, LLC; the campaign is currently in a solicitation phase which its website says has generated interest of over $58 million from more than 4,350 users; the investment offering circular was initially filed with the Securities and Exchange Commission on December 29, 2016; some details from the most recent amended offering circular include the following: offering of one million shares of Class B non-voting common stock, offer and sale of the shares is limited to investors who have purchased investments on the Fundrise platform. Source
Fundrise plans to offer a new fund that invests in the development of homes for sale in Los Angeles, California; investors in the fund will be investing in a diversified portfolio of real estate properties in development and for sale with the option to buy homes in the portfolio; investors will receive distributions from the fund's operating cash flow which will primarily be generated from the sale of homes in the fund; distributions may also be made from other sources of cash flow including structured equity or debt. Source
It has been almost four weeks since LendingClub closed down its retail investor platform and cash is already starting to...
Every quarter, LendIt co-founder Peter Renton shares his marketplace lending returns; in this blog post he shares his Q4 2019...
Peter Renton, Founder of Lend Academy and Co-Founder of LendIt Fintech shares his marketplace lending portfolio performance for Q1 2018;...
It seems like almost every day I see a story about increasing real estate prices in the major metropolitan areas...