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These days Kickstarter and GoFundMe may be household names (to some). But there’s a new player in the crowdfunding world and it’s making quite a splash.
In a recent article in HousingWire, DiversyFund, a crowdfunding platform that specializes in real estate investing, is launching a new fund that will invest in multifamily homes and commercial real estate. And they claim the returns will be substantial, between 15% and 20% per year.
The company is planning to raise $50 million for the fund with a minimum investment of $5,000.
“Up until now, it has been next to impossible for the average investor to get involved in commercial and multifamily real estate projects,” DiversyFund CEO Craig Cecilio says. “But through our platform, investors now have access to top-line real estate asset classes previously limited to a select few.”
But is it too good to be true?
For the full article, click HERE:
Consider investing in a professionally managed portfolio of single-family homes? Please contact Harold Willig at harold.willig@springviewinvestments.com or 917-209-4452.
Harold Willig is the Manager of SpringView Investment Management, LLC, which he founded in 2012. Mr. Willig also served as HFZ Capital Group’s Chief Financial Officer and was responsible for the oversight of HFZ's Finance and Accounting team. He has over 16 years of finance and accounting experience.