Crowdsourcing Expands World of Corporate Real Estate Investing

Would you invest in a 40-year-old warehouse in Avon with no control over how it’s run or when it might be sold? Twelve investors did just that, pooling together about $250,000 to join an investment group that bought the warehouse last year for $14.3 million. Crowdfunding has mostly been associated with tech startups and inventors, who broadcast a mass appeal for donations that can range from just a few bucks to thousands of dollars. But since Congress passed the 2012 JOBS or Jumpstart Our Business Startups Act, there have been about 80 companies trying to expand the world of real estate investing. Read more > >

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