Prodigy-backed co-working facility facing foreclosure
Yet another piece of the Prodigy Network’s crowdfunded portfolio is heading to foreclosure. Vanbarton Group has initiated the UCC...
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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...
Bank forecloses on Prodigy’s AKA United Nations hotel building
UPDATED, Feb. 10 2021, 7:30 p.m.: Canadian Imperial Bank of Commerce has moved to foreclose on a Manhattan hotel...
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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...
Vanbarton takes control of Prodigy Network’s William Street hotel
Vanbarton Group has taken control of a Manhattan hotel building backed by investors in the near-defunct crowdfunding platform Prodigy...
Prodigy Network’s AKA Wall Street hotel closes permanently
AKA Wall Street, an extended-stay hotel once marketed by crowdfunding platform Prodigy Network as a promising investment opportunity, has...
Investors accuse Prodigy Network of fraud at troubled Park Ave development
A 12-story Park Avenue co-working space that was marketed as a way to foster a “collective consciousness evolution” is...
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...
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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 —...