Starting June 19, everyday investors will be able to back real estate projects with Kickstarter-like crowdfunding initiatives.
Many commercial property developers are now using crowdfunding platforms to raise capital for their projects. That means people who want to invest in billion dollar properties now have access to once unapproachable real estate projects -- albeit for very small shares of the business.
Simon Baron Development Group, a New York based real estate developer recently announced that it is using the services of CityFunders to crowdfund $1 million in equity for the development of a Long Island City rental tower.
Earlier this year, Fundrise, a Washingto