Indiegogo Exec Joins RE Crowdfunding Site

LOS ANGELES—Adam Chapnick, the first employee and a former principal at crowdfunding site Indiegogo, has joined the newly launched commercial real estate crowdfunding platform AssetAvenue. Chapnick will serve as chief strategy officer for the site.

“I had such an amazing experience at Indiegogo building something from nothing,” Chapnick tells GlobeSt.com. “It was a rewarding feeling to see the impact that we made on people as we provided them something that they were never able to have access to, in that case it was funding for whatever it was that mattered to them. When I met David Manshoory (AssetAvenue founder and CEO) and talked to him about what they were doing, it really resonated with me in a similar way. This is a way where regular people can get all of the amazing benefits of participating in quality investments without devoting the time to becoming an expert.”