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Follow on Google News | ![]() ACrowdFundingRealEstate.com raises $393,000 in less than 48 hoursA $500,000 Raise is 79% funded in less than 2 days with a 15% return to investors
By: A Crowd Funding Real Estate, LLC “ I am pleasantly surprised at the enthusiastic response from international investors” says Wayne Bryan, Sr. CEO of Lagomar. He attributes the rapid raise to two factors: the high returns from the investment and the protections inherent in the ACFRE approach. “We have very large projects with high fund raising targets,” Bryan says. “Typically this means that funds may transferred and lie dormant for an extended period, only to be returned if the goals are not achieved. With ACFRE, committed funds are due only when the targets are achieved.” Return on investment is attractive. Depending on the project, investors can commit as little as $500, and receive 10-15% interest. Investments are secured by a first deed of trust, a personal guarantee and less than a 45% LTV on the property? “I don’t believe this developer will take any chances and lose a $68 million dollar property for a $28 million dollar loan,” says Charles Pierce, General Manager of the Southampton Inn, South Hampton, NY and licensed commercial real estate broker. ”I am covered no matter what happens.” Founded in 2012, A Crowd Funding Real Estate is a website for international investors (and accredited US investors) to research and gain equity in exclusive high end international resorts, time share developments, branded hotels and proven income producing resort properties. The firm’s website, www.ACrowdFundingRealEstate.com, delivers a compelling 24/7 user experience, providing intuitive online tools to browse investments, perform due diligence, invest and monitor performance through investor dashboards. ACFRE is headquartered in Vancouver, BC, with offices in Richmond, VA, and Leesburg, VA. End
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