Crowdfunding


The Latest

84 William St, NY and 1400 N. Orleans St, Chicago (Google Maps, iStock)
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...

Prodigy Network files for bankruptcy as lawsuits mount
Photo illustration of Rodrigo Niño, with Shorewood's Larry Davis, 84 Williams Street and 331 Park Avenue South (Getty, Google Maps, iStock)
National 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...

Behind the biggest real estate crowdfunding implosion
114 East 25th Street (Google Maps)

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...

Troubled crowdfunding firm sells building at $10M loss
While the amount of crowdfunded real estate deals on offer has declined substantially in recent months, demand is strong for those investment opportunities that remain, such as the Renaissance Harborplace Hotel in Baltimore (iStock, Google Maps)
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...

Small investors swarm crowdfunding real estate deals
Rodrigo Niño (Credit: Prodigy Network)
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...

Real estate crowdfunding pioneer Rodrigo Niño dies
From left: 84 William Street, Rodrigo Niño and Larry Davis of Shorewood Property Group (Credit: Google Maps)

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...

Crowdfunding firm to investors: Cough up $40M or lose it all
CrowdStreet CEO Tore Steen (Credit: iStock)
National

CrowdStreet hits $1B milestone, crowdfunding firm claims

CrowdStreet said it has raised over $1 billion for commercial real estate deals through its online crowdfunding platform. The...

CrowdStreet hits $1B milestone, crowdfunding firm claims

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