Real estate crowdfunding: The future of investing and equity sourcing?

Lawyers' Forum

By Gregory R. Jeffers

Gregory R. Jeffers is an associate in the real estate department at Ungaretti & Harris LLP and concentrates his practice on commercial real estate transactions and real estate finance. He can be reached at (312) 977-4146.

Posted October 29, 2014 2:53 PM

Crowdfunding dates back to the late 1800s, with one of the most notable displays occurring in 1885 when 160,000 donors raised $101,000 to purchase the granite base on which the Statue of Liberty stands. Generally speaking, crowdfunding is the practice of funding a venture or project by raising relatively small monetary contributions from a large group of people. However, with the creation of the Internet, crowdfunding has evolved into an online donation-lending-investment portal. Crowdfunding via the Internet has …

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