National
The Real Deal’s Prodigy exposé wins NY Press Club Award
The Real Deal’s investigative feature on the Prodigy fiasco has won an award from the New York Press Club...
Crowdfunding
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Miami
Grant Cardone crushes lawsuit accusing him of misleading real estate investors
A legal offensive that attempted to use Grant Cardone’s outsized social media presence against him has failed. U.S. District...
National
Prodigy Network files for bankruptcy as lawsuits mount
The beleaguered real estate crowdfunding company Prodigy Network filed for bankruptcy on Thursday as lawsuits pile up and its...
National Archive Issue
Behind the biggest real estate crowdfunding implosion
Johanna Trujillo invested $20,000 in what seemed like a sure thing — a piece of Manhattan real estate. She...
National
Crowdfunding platform PeerStreet launches debt fund for Covid-era opportunities
Real estate investment platform PeerStreet is getting in on the distressed-debt investment game. Through its new Peer Street Credit...
Troubled crowdfunding firm sells building at $10M loss
Crowdfunding firm Prodigy Network has sold one of its commercial properties at a $10 million loss, creating further uncertainty...
National
Small investors swarm crowdfunding real estate deals
It’s not just large investment funds that are seeking out buying opportunities during the coronavirus crisis. Thousands of individual...
National
Real estate crowdfunding pioneer Rodrigo Niño dies
Rodrigo Niño, who went from selling condos at Trump Soho to founding a high-profile New York crowdfunding platform, has...
Crowdfunding firm seeks $30M bailout for second commercial building
Real estate crowdfunding firm Prodigy Network has staved off foreclosure of its commercial property at 85 West Broadway —...
Crowdfunding firm to investors: Cough up $40M or lose it all
Troubled crowdfunding firm Prodigy Network has contacted investors for the first time in months — and the news is...