RealtyShares uses crowdfunding tech to revitalize Florida communities | VentureBeat | Business | by Business Wire


imagesRealtyShares, the online marketplace for real estate investing that connects accredited and institutional investors to real estate investment opportunities, today released data on crowdfunding projects throughout Florida. Working with local developers, RealtyShares has leveraged its network of 20,000 investors to help fund more than 200 properties in Florida for $28.1 million. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160628006435/en/ An infographic featuring a sample of properties financed through crowdfunding in Tampa, Orlando, Jacksonville and South Florida. (Photo: Business Wire) RealtyShares is not just a listing website. It’s a tech-driven marketplace where Sponsors are vetted through a strict underwriting process. Even after the deal is funded, RealtyShares is helping to manage the deal. Deals on the platform average around 55 investors each, with Florida-based opportunities largely focused on residential revitalization projects. These fix and flip debt deals are funding rapidly, giving developers and borrowers efficient alternative access to financing around the state.

Source: RealtyShares uses crowdfunding tech to revitalize Florida communities | VentureBeat | Business | by Business Wire

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