SAN FRANCISCO—Nav Athwal is co-founder and CEOof RealtyShares, a leading crowdfundingfor real estate platform. Prior to foundingRealtyShares, he was a real estate and land useattorney at San Francisco based Farella Braun & MartelLLP where he represented developers, fund managers,nonprofits, governmental organizations and REIT's on some of thelargest mixed use residential, commercial and renewable energyprojects across the country. GlobeSt.com recently caught upwith Athwal to chat about trends in crowdfunding, the types ofinvestors in the space and anticipated trends going forward.
GlobeSt.com: Can you tell us about a specificcommercial deal RealtyShares has crowdfunded?
Nav Athwal: We recently crowdfundedStrawberry Creek, an approximately 63,000-square-foot retail centerin Sacramento. The center is not only shadow-anchored by Target,but also has national and regional tenants such as Starbucks, JambaJuice, Panda Express, Subway and Rubio's. For us, this wasespecially exciting because RealtyShares' Investors had anopportunity to invest alongside and on the same terms asinstitutional investors through PacificCastle, a very reputable Southern California-basedinvestment company. The opportunity offered immediate cash flow toinvestor's as well as upside potential at time of sale. Altogether,we had 25 investors in 13 states participate.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
