PeerRealty – Midwest Real Estate Crowdfunding

 

PeerRealty is a crowdfunding platform which allows investors to participate in real estate crowdfund campaigns of the high quality variety. The technology and practices used [Read review...]

FEATURES
 Type
 Equity Platform
 Niche
 Real Estate
 Focus
 Midwest
RATINGS
 Experience
 Technology
 Opportunities

HERE IS OUR FULL REVIEW

PeerRealty is a crowdfunding platform which allows investors to participate in real estate crowdfund campaigns of the high quality variety. The technology and practices used by PeerRealty connects private real estate investors with developers and makes investing in a $310 billion market of 8.7 million accredited investors simple and secure. This allows investors to balance out their investment portfolio with a real estate component.

The site uses an online portal which is easy-to-use and provides peace of mind. At this point in time investors must be accredited but we expect the platform to shortly be taking advantage of the new Illinois Intrastate crowdfunding rules and possibly offering some deals using Regulation A+. This will allow either all residence of Illinois or under Reg A+ all US and Canadian investors to participate.These real estate investments can help investors invest with the most reputable, high-quality developers, which is usually quite difficult if you don’t have the necessary connections in place.

This allows access to a largely inaccessible, untapped marketplace with huge potential for return on investment. Investing has never been easier as the online process is both secure and simple. Investors have only to create an account, select their investment, and sign the required legal documents and invest. Sponsors have equally easy processes in place and can raise their equity by creating an account, the required online application, and finalize where necessary through due diligence requests.

Thresholds set in place by the Securities and Exchange Commission must be met, which means only accredited investors are able to participate. This equates to an individual annual income of $200,000 per year, or $300,000 per couple, or a net worth excluding primary residence of over $1,000,000. This means that those investing have high net worth, are able to incur a loss should something so unfortunate occur. These institutional and individual investors include family offices, private equity firms, bank and asset managers, hedge funds, and registered investment advisors. Accredited investors are successful business people who know a good deal when they see one. That level of experience and knowledge can’t be found just anywhere.

Investments in pre-vetted real estate involve a secure and simple process in which funds are held at a US bank. Once the total funding amount has been reached, the money is transferred to the particular agreed-upon piece of real estate. PeerRealty investment opportunities undergo strict scrutiny prior to be placed on the platform. This includes a due diligence process which involves assessment of the property, the sponsor, the location, and they will also perform background and criminal checks. Sponsor and property information, market data, and third party information are also included to provide an unbiased view of all the pertinent details. Investors should examine all of this information carefully as part of their due diligence prior to making any decisions.

Investments will be returned either directly by the sponsor or their third party service to directly remit their payments. This will be completed via PeerRealty’s online payment technology to ensure secure transactions minus applicable processor or service fees.

Minimum investment amounts are $5,000 and all investors should be sure they can handle a total loss of the amount as they would with any other investment. Use of PeerRealty’s dashboard will allow investors to track how much money they have invested, which trasactions they have completed are in active status, and how much the investor has earned on their investment up to that point in time. PeerRealty also reports quarterly through updates via email and the platform dashboard. Investment periods can vary from 3-10 years in duration and close attention should be paid prior to investing on the expected hold periods or dates of return.

The site itself is free to join and will allow you to browse active real estate investment options to consider participation in. All opportunities are exclusive to PeerRealty as agreed upon with their sponsors, which means you don’t have to worry about someone from outside the platform getting all the investment amounts maxed out before you have a chance to jump in. While crowdfunding in its current form has not been around a lot of years, this company has a combined 50 years real estate business and $1 billion worth of past projects combined. This means the service provides a high standard of excellence and the utmost in professional service and standards.

PeerRealty has done its research and focuses only on sponsors who have proven success track records to further grow their venture. This means that investors know they are taking risks that are worth taking because they don’t have to worry the business is a fly-by-night shady deal waiting to happen.

The passage of the JOBS Act in 2012 has opened up the world of investment to those who might otherwise not participate. This has meant job growth, a more diverse marketplace, new designs for products and implementation of new community benefitting services. Crowdfunding platforms like PeerRealty have allowed new businesses to launch sooner, existing business to expand as they grow and their superior service means that you can invest, or receive investments, in many more areas. The possibilities are nearly endless. PeerRealty’s service allows you to invest in an otherwise difficult to enter marketplace and expand your investment capabilities with businesses known to have a certain level of success.

PeerRealty is also known for provision of high quality service and has make its way to a top position on Huffington Post’s list of real estate crowdfund platforms which are breaking ground and offering great deals, safe and secure processes, and stellar levels of commitment to excellence.

OUR FINAL CONCLUSION

PeerRealty is proving to live up to its tagline as "The Midwest's Premier Real Estate Crowdfunding Platform"

FEATURES
 Type
 Equity Platform
 Niche
 Real Estate
 Focus
 Midwest
RATINGS
 Experience
 Technology
 Opportunities
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