"iFunding is disrupting real estate finance and making my life as a real estate investor easier."
Justin Pierce, The Washington Post
New York, New York (PRWEB) July 03, 2013
iFunding, a real estate crowdfunding platform based in New York City, has emerged from stealth mode today and it's creating quite a buzz! To date, investors have pledged over $8MM towards the first projects to be listed on the platform this month, making it the largest platform in the US. iFunding, geared towards accredited investors, provides more than just another kind of investment option for their clients. They boast a fully online platform for making direct investments in real estate, allowing clients to review projects, fund investments and track them via computer, smartphone or ipad (via a special application). Consider access to your investments untethered!
Because of iFunding, fully digital investing is now quite an accessible tool. This essentially makes iFunding a paper-free company. That’s right – all forms are digital. Investors will enjoy the convenience of iFunding’s state of the art technology while maintaining the ability to access institutional quality real estate investment opportunities for as little as $1,000. By doing so, they are able to keep more of their profits instead of watching them get eaten away by middlemen.
The platform is geared toward accredited investors in the $1-5m range who lack access to private equity funds and may be frustrated with the volatility of REIT’s. The company focuses on assets that provide long term, stable income streams for their clients.
While truly online investing is reason enough to celebrate, there’s even more to embrace. iFunding has a team of professionals who have over 50 years’ experience in this field. They have worked with some of the largest corporations, such as JP Morgan Chase, Goldman Sachs, Deutsche Bank, and have been involved in over $2B of transactions in numerous different roles. Their expertise and dedication in investing translates into professionalism and knowledge that is second to none.
William Skelley, founder of iFunding, shared in a recent interview that the idea for the company came to him from while working at the hedge fund Rose Park Advisors, a fund run by Harvard Business School professor Clayton Christensen, that focuses on making investments in companies that fit the framework of disruptive innovation. Mr. Skelley realized that real estate finance was a prime target to be disrupted, harnessing technology to simplify the investment process and make it extremely efficient.
Mr. Skelley had this to say about his company: “Our goal at iFunding is to utilize technology to streamline the process for our real estate investors. We prepackage everything to present the investor with a turnkey investment opportunity – we have in-house counsel, accountants and additional intellectual capital at no cost to the client. We do the legwork so our clients don’t have to. iFunding offers them the efficiency they want with the expertise and results they deserve.”
iFunding is a real estate investment platform that uses technology to make private real estate investing simple. Accredited investors can select and make direct investments in pre-vetted institutional quality real estate assets directly on their website. To learn more about the company, visit http://www.ifunding.co .