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July 16, 2014

Crowdfunding Makes Its Way to Miami Real Estate

With the popularity of crowdfunding steadily on the rise, it comes at no surprise that big-time financiers are now looking to benefit from this latest investment phenomena. Accredited investors- those with a net worth of at least $1 million or $200,000 in annual income- expect more than a t-shirt and tote bag as a token of their support, a common gift from many crowdfunded projects, and real estate development has emerged as the sensible moneymaking solution. With just a few clicks, accredited investors can expect to potentially earn anywhere from 7-9 percent on projects they are better able to understand.

EarlyShares, a fundraising platform geared towards accredited investors, recently partnered with Property.com, one of the websites run by Miami-based eRealEstate Holdings, which also runs Condo.com, Houses.com, and Location.com. The partnership marks a shift towards one-stop shops for development and investment, bringing the option of crowdfunding to the forefront of new real estate opportunities. “We think we can rapidly scale the crowdfunding platform on Property.com,” said Richard Swerdlow, CEO of eRealEstate Holdings. “We see crowdfunded real estate development as a growing market that is only going to get bigger. We also think there is big opportunity in South America.”

Just as the emergence of online stock trading once caused distress among big-time investors, it is only a matter of time before the timesaving and financial advantages of crowdfunding make it the go-to source for development investing.

To read more about real estate crowdfunding, visit http://www.miamiherald.com/2014/07/06

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