posted Dec 9, 2013, 5:19 PM by Unknown user
updated Dec 9, 2013, 5:20 PM
After a successful site launch and experiencing high initial demand, Patch of Land is looking to expand into new markets. Their most recent real estate crowdfunding project fully funded in just a few days. The company intends on accelerating their release of new real estate investment offerings to satisfy investor interest.
CEO Carlo Tabibi states, “We sold out on our first property much quicker than we were expecting, so we can confidently pre-fund additional opportunities for our clients in new areas that show strong market potential.”
Patch of Land is currently offering shares of a residential rehab project in Georgia along with a fix-and-flip property investment in New Jersey that will be released in early November. They are also evaluating investor interest in a wide array of real estate projects based in California, Florida, Indiana and other states.
“We offer high returns with investments secured by actual real estate which nobody else is doing,” Tabibi states, “We’ve proven the concept and the demand is there.”
The investments include residential real estate, multi-unit commercial properties and new office space development.
Patch of Land allows smaller investors to pool their funds with others to make larger projects possible while also diversifying risk. Patch of Land streamlines the process and allows their clients to review properties, sign documents and invest directly through their online portal.
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