LOS ANGELES—Last week, GlobeSt.com reported on our conversation with several executives familiar with the subject about both the positives and negatives to crowdfunding. Here, we speak with a fresh crop of financing and crowdfunding experts about the pros and cons of this method of fundraising. And stay tuned for an upcoming feature on crowdfunding's progress in our sister publication Real Estate Forum.
GlobeSt.com: What are the pros and cons to crowdfunding in CRE, as you see them?
Dan Miller, co-founder and president, Fundrise: Through a crowdfunding platform, firms are able to raise funds more quickly without having to use a broker and pay the high fees traditionally associated with that process. Electronic systems employed by crowdfunding firms can also speed up the underwriting and fundraising process, while allowing for transparency not often seen in commercial real estate deals, allowing for the ideal competitive situation when trying to achieve a transaction.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Carrie Rossenfeld
Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.
