INVESTOR PROTECTION ISSUE – PATCH OF LAND ADDRESSES GROWING INDUSTRY CONCERNS

Patch-of-Land-new-logoI recently posted an article entitled “Why You May Want To Reconsider How “Secure” You Feel About Your Real Estate Crowdfunding Investment” which captured the attention of many investors. In response to that article, the real estate crowdfunding portal, PatchOfLand.com, posted a genuine and refreshing response that I would like to share.

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INVESTOR PROTECTION ISSUE – WHY YOU MAY WANT TO RECONSIDER HOW “SECURE” YOU FEEL ABOUT YOUR REAL ESTATE CROWDFUNDING INVESTMENT

image15Do you remember that scene from the movie Tommy Boy where the store manager rants about the importance of having a guarantee on the product box “calling out, I’ll never let you down, but if I do I’m gonna make things ALL better.” I can’t help but be reminded of that scene whenever I see real estate crowdfunding portals using words like “asset-backed” and/or “guaranteed” to describe their lending investment opportunities. But how secure are these investments really???

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CFIRA WEIGHS IN ON THE “ACCREDITED INVESTOR” DEBATE IN LETTER TO THE SEC

cfira-300x134As I have talked about in a recent article (“Changes To “Accredited Investor” Definition May Clip The Wings Of Many Angel Investors“), the SEC is required by the Dodd-Frank Act to re-examine the definition of “accredited investor” under the Securities Act of 1933 this year and there is currently a big debate going on as to what changes, if any, the SEC should make. This week, the Crowdfund Intermediary Regulator Advocates (CFIRA) made their opinions on this issue known in a letter to Elizabeth M. Murphy, Secretary of the SEC.

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REAL ESTATE CROWDFUNDING VS TRADITIONAL REAL ESTATE INVESTMENT, AN OVERVIEW (Part 2)

Real estate financeThis is part two of my two-part article exploring the use of real estate crowdfunding (i.e. “RECfunds” or “RECfunding“) as a vehicle for investing in real estate (for part 1, click HERE). This part will focus primarily on the associated benefits of RECfunding over more traditional approaches to real estate investment for today’s investors.

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WELL, LOOK WHO DECIDED TO JOIN THE PARTY?? – THE DISB PROPOSES WASHINGTON D.C. INTRASTATE EXEMPTION

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It appears that the Washington D.C. Department of Insurance, Securities and Banking (DISB) may have little faith in the promise of the SEC Chairman, Mary Jo White, promise to deliver final Title III crowdfunding rules by the end of the year. How else would you explain their decision to propose a D.C. Intrastate Exemption?

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