IRVINE, CA—Crowdfunding is growing inpopularity, but it takes savvy investors and real estate firms toknow how to use it properly. In a continuation of our earlier exclusive interview withMondayOne CEO Kenny Dewan andEquityNet CEO Judd Hollas, theyreveal their tips and advice on how to crowdfund a project.
GlobeSt.com: What are some of the trends, data andstates on real estate crowdfunding that you are currentlyseeing?
Hollas: Around 13% of companies onEquityNet are from the real estate industry. The average marketgrowth rate is 14.33%. The average investor equity is 39.5%. Thisis the average percent of the company offered to investors fortheir investments. The average funding goal for real estatecompanies is $1,948,399. The average funding raised so far is$847,565. That means on average, companies are right at 44% oftheir funding goals.
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Carrie Rossenfeld
Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.
