Real Estate

Crowdfunding platform opens real estate opportunities in Jamaica and New York

Crowdfunding platform opens real estate opportunities in Jamaica and New York

New York, NY (PRUnderground) November 22nd, 2013 – kick Jamaica is the first real estate investment platform that enables individual investors to pool their investments online. Damion Wongsang, Co-Founder and CEO of kick Jamaica, realized an online solution could simplify the investment process in real estate. The idea came to him whilst he was looking to invest in his hometown of Port-Antonio, Jamaica. “Jamaicans abroad…

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Who’s the Dumbbell now? Burnside Bridgehead crowd-funding campaign is a win

Who’s the Dumbbell now? Burnside Bridgehead crowd-funding campaign is a win

Wendy Culverwell - Portlanders really want to get involved with Guerrilla Development’s striking office project at the Burnside Bridgehead. A crowdfunding campaign to raise equity for Kevin Cavenaugh’s $8.5 million Dumbbell project easily beat its $1.5 million goal this week. The campaign is being conducted by Fundrise Inc., a Washington, D.C. firm that uses crowdfunding-like strategies to raise capital for unusual projects. It reached $1.72 million this week. Wendy Culverwell - A…

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Realty Mogul Successfully Crowdfunds the First Shopping Center Ever

Beverly Hills, CA – November 8th, 2013 – Realty Mogul announced today that it used crowdfunding for the first time ever to crowdfund a shopping center – and the funding was completed less than 6 hours after the company began taking money from investors. Jilliene Helman, founder and CEO, stated “We’re very pleased to be the first real estate crowdfunding company to get a retail…

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CFB Exclusive interview with Realty Mogul CEO Jilliene Helman

CFB Exclusive interview with Realty Mogul CEO Jilliene Helman

Realty Mogul is one of the key players in the rapidly developing real estate crowdfunding space. CEO Jilliene Helman will join CrowdFundBeat for an exclusive interview on October 31, 2013 at 1:00 Eastern. According to Realty Mogul: Jilliene is the CEO and Co-Founder of Realty Mogul responsible for strategic direction and operations. Previously she was a Vice President at Union Bank, where she spent time…

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Grow VC Group Makes Strategic Investment in Crowdbaron

Grow VC Group Makes Strategic Investment in Crowdbaron

Hong Kong, October 31, 2013 – Grow VC Group announces it has made a strategic investment in Crowdbaron, a crowd investing service specializing in global real estate. Crowdbaron continues its existing crowd investing operations, with plans in place to expand and grow the business. Crowdbaron today is Asia’s leading crowd investing service. It has successfully opened doors to global real estate investment to aspiring landlords in Asia. It…

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Real-estate crowdfunding firm takes first bite of Philly market

Real-estate crowdfunding firm takes first bite of Philly market

MANAYUNKA vacant commercial property in Manayunk will soon serve as the staging ground for a new co-working venture. Brothers Simon and Adam Rogers are using 4120 Main St., the former home of Restoration Hardware, to launch the Transfer Station. The pair’s lease at the 8,500 square-foot building began Oct. 1. “It feels incredible to walk in and say, ‘This is where we’re going to make…

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CFB Live Interview with Primarq CEO Steve Cinelli

CFB Live Interview with Primarq CEO Steve Cinelli

Steve Cinelli founded Primarq in an effort to reinvent the business model for home ownership, making homes more affordable to millions of people. On Monday, October 7, 2013 at 3:00 Pacific, Cinelli will visit with CrowdFundBeat live to explain how crowdfunding will revolutionize home ownership. From Cinelli’s LinkedIn profile: Founder, CEO of PRIMARQ Inc., a paradigm shift in the world of housing finance. Our goal…

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Revolutionizing Real Estate Through Crowdfunding

Revolutionizing Real Estate Through Crowdfunding

The applications for crowdfunding are endless. Up until this point, we’ve seen sundry creative, technological and even bio-medical projects thrive, but one industry slow to join-in has been real estate. Unlike these other areas, it’s hard for entrepreneurs in real estate to get their foot in the door financially, as there are less programs, grants and basic funding options available. But this is precisely why crowdfunding real estate works, and now it’s…

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World record for equity crowdfunding

World record for equity crowdfunding

British television presenter Kevin McCloud’s design-led housing development firm has broken the world record for equity crowdfunding by securing investments in excess of £1.9 million from members of the public via online platform Crowdcube. Established by the presenter of television series Grand Designs to build well-designed, affordable and sustainable housing, Hab Housing Limited (HAB) closed its crowdfunding investment campaign last night having beaten the previous…

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Who is Crowdfunding a Hotel?

Who is Crowdfunding a Hotel?

When we think of “crowdfunding” we usually associate it with throwing in a few bucks to support our friends’ short films or art projects. Lucky, then, that we’re not friends with Rodrigo Niño, CEO of New York real-estate company, Prodigy Network, because he’s looking to raise $31 million in equity for his company’s hotel project: $100,000 at a time. Prodigy Network actually have a successful…

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