The opening is considered a landmark development in the advent of crowdfunding — which has strong roots in real estate investment — in that it gives investors the much-needed option of liquidity.
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The opening is considered a landmark development in the advent of crowdfunding — which has strong roots in real estate investment — in that it gives investors the much-needed option of liquidity.
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Homeless with two dogs after losing her properties to foreclosure in 2012, a Virginia woman named Sheri Daniel has launched a crowdfunding campaign to get her out of her car and into a low-rent motel room so she can continue to fight her mortgage servicer and lender in court.
As every profession molds to meet the trends and demands of the times, there are people — and companies — who come along and squash traditions that remain in existence simply because “it’s always been done that way.” The real estate industry, of course, is not immune.
Chicago-based builder The Jacobs Company announced its partnership with RealtyShares, a marketplace for real estate investing, to finance a multi-family project through crowdfunding. The funds will help with a multifamily project in Deerfield.
Quigler, a startup designing a communication platform for real estate agents and consumers, envisions receiving small investments from thousands of real estate agents. The agents would “become apostles for Quigler to the public and within the business,” Quigler CEO David Michonski wrote in a recent email. “After all, these ARE salespeople who are in the business of selling every day.”