This past July, an addition was made to the Jumpstart Our Business Start-Ups (JOBS) Act that passed last year, and it put Crowdfunding center stage in real estate. For those of you who are not familiar with Crowdfunding, it is the collective effort of individuals who network and pool their money, with the recent change to the JOBS act it now also refers to the funding of a company by selling small amounts of equity to many investors, allowing for a wider pool of small investors with fewer SEC restrictions.
The new legislation goes into effect next week and allows companies looking for investments to publically advertise deals to households with an annual income of only $200,000 and net worth of at least $1 million. Hotel developer Prodigy Networks recently raised $171 million in increments of $20,000 for a skyscraper in Bogota, Columbia and plans to do the same here soon in the US.
This is very interesting news and well worth a serious looking into by developers and investors who are ready to source capital.
Sponsored Jobs
ROSS STORES, INC.
VP, Corporate Properties
(NEW YORK, NY) This position will be based in New York, NY and will support the operational and strategic property activities associated with the North East buying offices. Responsibilities include: internal relationship management, external vendor management, space planning, project management, facility management, budget preparation, cost management, workplace safety and operational efficiencies.
CUSHMAN & WAKEFIELD: GRANT STREET ASSOCIATES, INC.
Industrial Real Estate Professional
(PITTSBURGH, PA) The successful candidate will report to the principals of the firm and will be expected to perform the following duties: serve as a key member of the leasing process for the Company's industrial agency leasing assignments; maintain an accurate and in-depth knowledge of all aspects of the properties to include all vacancies, small tenancy, major tenants and lease expirations; market and show vacant space to members of the brokerage community and prospective tenants; cold call potential tenants and brokers; communicate the features and benefits of the properties to brokers and prospects directly; work with research and marketing department to prepare market summaries and evaluations for reporting to the client; and participate in the Cushman & Wakefield Industrial Forum.
REDICO
Investment Manager
(SOUTHFIELD, MI) The Investment Manager works with the Investment team of REDICO and American House Senior Living Communities, as well as other partners, to implement strategic acquisitions and capital raising transactions within the Seniors Housing sector. Duties include due diligence activities for new acquisitions; market analysis; financial modeling; cash flow analysis; and preparing investment summaries for potential acquisitions in the senior housing/multi-family sector.
CORNELL UNIVERSITY, COLLEGE OF ARCHITECTURE, ART AND PLANNING
Assistant Director, Real Estate Career Services
(ITHACA, NY) The Assistant Director for Real Estate Career Services, will provide overall leadership and administration of real estate services including, but not limited to: industry/employer relations, career advising, events and programs, and on-campus recruiting; interfacing with varied constituencies including faculty, students, alumni, and industry professionals, and provide career counseling services for graduate students and alumni; advisie students on a range of career issues and assists with programming to meet the specialized needs of students in the Baker Program in Real Estate; and work with BPRE and AAP faculty and staff, and with Cornell Career Services for providing basic career services.
MADISON MARQUETTE
Investment Analyst
(WASHINGTON, DC) The successful incumbent will support the asset management and development project teams responsible for assets and development projects throughout he Company's Eastern Region. As an integral member of the asset management and development project teams, the applicant will be involved with or responsible for financial analysis, budgeting, expenditure tracking, and reporting. Additional duties include managing special projects and other assignments as necessary for the execution of project development or redevelopment plans.
SELECTLEADERS
Property Management and Broker Relations
(NEWPORT BEACH, CA) Our client and their related entities own and manage over 100 properties throughout the United States including 12 million square feet of industrial and commercial property and 2,300 apartment units. The portfolio is valued in excess of $1 billion, and rapidly expanding. Company specializes in acquiring, rehabilitating and repositioning industrial, retail, office and multi-family properties with a current emphasis on industrial and manufacturing facilities in Southern California. Specific duties include maintaining key broker relationships and other external strategic alliances within the market; corporate development and broker outreach program; public relations and promotional events; trade memberships and activities; and maintaining exemplary relations with all tenants, clients, staff and vendors, utilizing effective customer service and communication skills.
COLLIERS INTERNATIONAL
Senior Manager Response Marketing
ATLANTA, GA) The Senior Manager Response Marketing is responsible for leading the preparation, writing, assembly and delivery of proposals and marketing collateral for the Corporate Solutions Division. Working closely withmarketing and business development,this role is a key support position for the firm's ability to attract and secure new corporate occupier clients. Duties include possessing an understanding of the Corporate Services business in the commercial real estate industry; acting as a single point of contact to manage RFP and RFI responses, proposals, and other standard documents, facilitating necessary input from multiple business lines, offices and individuals globally; developing and managing schedules for all active projects; preparing best in class, customized, client specific information packages in response to RFI's and RFP's, proposals and other client deliverables; and maintaining standard team resumes, case studies and other supporting materials.
BIOMED REALTY
Manager, Director, Financial Reporting
(SAN DIEGO, CA) Responsibilities include coordinating and preparing all financial SEC filings (10-Q's, 10-K's, 8-K's); assisting with other SEC filings (registration statements, proxy); preparing financial tables and providing data included in quarterly earnings releases and conference call materials; coordinating and preparing quarterly Supplemental Operating and Financial Data for investors; supporting the coordination and testing related to Sarbanes-Oxley within the Company; assisting in the development of company policies; preparing budgets, projections, financial and operational reports, financial statements and reports, and data for Management, Audit Committee and Board of Directors meetings; coordinating the preparation of support work papers for financial statement footnote disclosures and MD&A disclosures; and coordinating completion of all local, state and federal income tax returns by our outside tax preparers.
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