News

Stay up to date with the latest news on PeerRealty and the real estate crowdfunding industry.

Bankless Times
Jordan Fishfeld Interviewed by Bankless Times on Real Estate Crowdfunding
December 2, 2015

PeerRealty CEO Jordan Fishfeld spoke to Bankless Times about real estate crowdfunding, real estate market trends, and the crowdfunding industry's lobbying efforts in a recent interview. He discussed the need that crowdfunding investors have for security, and explained how PeerRealty selects markets in its crowdfunding offerings. Jordan also described his efforts as the elected Treasurer of the Crowdfunding Professional Association (CfPA), a trade organization that represents the crowdfunding industry before securities regulators and officeholders. You can read the entire article at Bankless Times.
 

Chicago Inno Covers PeerRealty's Joint Acquisition of Tycoon Real Estate
November 10, 2015

Chicago tech news site Chicago Inno recently covered PeerRealty's joint acquisition (along with Patch of Land, American Homeowner Preservation, CrowdFranchise, and EquityRoots) of Tycoon Real Estate. PeerRealty CEO Jordan Fishfeld told Chicago Inno that "After the Tycoon episode [on Shark Tank], there was a lot of talk in the industry about how we can get the general population to understand that diversification through online investing is not dangerous; it's a really good thing." The article also discussed the Chicago crowdfunding consortium's plans to turn the Tycoon site into an educational platform for the real estate crowdfunding industry. To read the article, visit Chicago Inno.
 

Tycoon
PeerRealty One of Five Crowdfunding Platforms to Acquire Tycoon Real Estate
November 9, 2015
 
PeerRealty, along with fellow crowdfunding platforms Patch of Land, American Homeowner Preservation, CrowdFranchise, and EquityRoots, announced today the joint acqusition of Tycoon Real Estate, a California-based real estate crowdfunding platform. Tycoon gained national attention earlier this year when CEO Aaron McDaniel showcased the company on ABC's Shark Tank. While the sharks were not impressed, with Mark Cuban opining that Tycoon is “a rip off name," PeerRealty CEO Jordan Fishfeld says that the acquisition gives these leading crowdfunding platforms a unique opportunity to “change the Tycoon portal into an educational platform to show the world why the Sharks were wrong about the industry.” Back in February, Jordan penned an article on the PeerRealty blog discussing the Shark Tank episode in more detail. This Crowdfund Insider article also has more information on the acquisition of Tycoon.
 

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PeerRealty Featured in Crain's Chicago Business Story on Real Estate Crowdfunding
November 7, 2015
 
PeerRealty CEO Jordan Fishfeld recently spoke to Crain's Chicago Business to discuss how Chicago-area real estate developers are turning to crowdfunding to raise capital. Jordan noted of crowdfunding investment transparency that “[b]ecause of the very public nature of capital-raising on the Internet, there's much more accountability than if I come into your house and make some promises while I'm talking to you” The article also discussed the recent adoption of Title III of the JOBS Act as well as the Illinois intrastate crowdfunding legislation. You can read the story on the Crain's Chicago Business website (registration required).
 

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SEC Votes to Approve Title III of the JOBS Act
October 30, 2015
 
The Securities and Exchange Commission has voted to adopt rules fully implementing Title III of the JOBS Act. These long-awaited rules make up the final section of the 2012 JOBS Act that had yet to be implemented, and will allow non-accredited, retail investors to invest in equity crowdfunding offerings. Under the final rules,  The new rules are expected to take effect in mid-2016. PeerRealty CEO Jordan Fishfeld discussed the new crowdfunding regulations in this Chicago Tribune article. Jordan also analyzes the new rules in more detail in this post on the PeerRealty blog
 

WGN
Jordan Fishfeld Interviewed on WGN Radio's Tomorrow's Business Today
October 30, 2015
 
PeerRealty CEO Jordan Fishfeld appeared on WGN Radio's Tomorrow's Business Today show to discuss real estate crowdfunding. Jordan was interviewed in-studio by host Scott Kitun and explained how crowdfunding is changing the nature of real estate investing by opening up larger-scale investment opportunities to the general public. Other topics discussed included the impact of the 1871 Chicago startup incubator on the city's tech scene and the then-pending Title III crowdfunding rules that will open up crowdinvesting to non-accredited investors. Visit the WGN Plus website to listen to a replay of the interview.
 

Cultivator
PeerRealty, The Cultivator Reach Agreement
October 1, 2015
 
PeerRealty is pleased to announce that it has reached agreement with The Cultivator, a Chicago-based venture capital firm. The Cultivator will be investing in and working with PeerRealty as part of its 2015 investment fund. Cultivator co-founder Chuck McDonald says that "Jordan [Fishfeld] and his team have the right mix of domain expertise and leadership. We support PeerRealty's vision -- to lower barriers to entry for investors and to democratize the alternative investment space -- and are excited to help them accelerate their growth." Visit The Cultivator website for more information on the firm.
 

BisNowChi
PeerRealty Featured on BisNow Chicago
September 3, 2015
 
PeerRealty was featured in a story on BisNow Chicago discussing the growth of real estate crowdfunding. PeerRealty CEO Jordan Fishfeld discussed how PeerRealty has already raised nearly $7 million for five equity offerings, and explained how institutional capital is taking increasing interest in crowdfunding, as evidenced by PeerRealty's Ameritus Real Estate Fund offering. The story also discussed how new regulations such as Regulation A+ and the Illinois intrastate crowdfunding bill will open equity crowdfunding up to non-accredited investors.
 

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Illinois Equity Crowdfunding Bill Signed by Gov. Rauner
July 29, 2015
 
Illinois Gov. Bruce Rauner signed the proposed intrastate equity crowdfunding legislation into law today. The bill takes effect on January 1, 2016, and will allow Illinois companies to take investments from Illinois non-accredited investors through crowdfunding platforms under certain circumstances. The bill had previously been passed unanimously in both the Illinois Senate and the Illinois House of Representatives. PeerRealty CEO Jordan Fishfeld wrote about the bill in more detail in two prior blog posts on our site. Jordan and PeerRealty Head of Marketing Daniel Kelly were both quoted in this Chicago Tribune story discussing Gov. Rauner's signing of the bill.
 

OyChicago
PeerRealty's Jordan Fishfeld & Amy Kirsch Named to Oy!Chicago's Jewish 36 Under 36 List
July 21, 2015
 
PeerRealty CEO Jordan Fishfeld and Head of Investor Relations Amy Kirsch have both been named to Oy!Chicago's Double Chai in the Chi: Chicago's Jewish 36 Under 36 list. Oy!Chicago is a special project of the Jewish United Fund/Jewish Federation of Metropolitan Chicago, and is a leading networking community for young Jewish professionals in Chicago. Visit the Oy!Chicago website for their profiles on Fishfeld and Kirsch.
 

AIMkts
AI Markets Discusses PeerRealty's CFX Network
July 8, 2015
 
Accredited Investor Markets (AI Markets) discussed PeerRealty's efforts to create a secondary market for crowdfunding assets with its CFX Network in a recent article. Author David Freedman noted that crowdfunded equity investments are currently illiquid, but predicted that a secondary market will soon emerge. The article discussed the CFX Network, which will provide a network for secondary market transfers of private securities in alternative asset classes. CFX will launch in Fall 2015, and will list crowdfunding assets from PeerRealty as well as from other equity crowdfunding platforms. Visit the AI Markets website to read the article
 

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PeerRealty reaches agreement with PENSCO Trust Company
June 24, 2015 
 
PeerRealty announced today a new agreement with leading alternative asset custodian PENSCO Trust Company. PeerRealty has joined the PENSCO Marketplace, giving individual investors the opportunity to invest in PeerRealty offerings using self-directed Individual Retirement Accounts. To learn more about PENSCO Trust Company, visit the PENSCO website.
 

Chicago Founders Circle
Jordan Fishfeld invited to join Chicago Founders Circle Class of 2015
May 18, 2015 
 
We're excited to announce that PeerRealty CEO Jordan Fishfeld has been invited to join the Chicago Founders Circle Class of 2015. The Chicago Founders Circle is an exclusive, invitation only peer-to-peer networking group for founders and CEO's of Chicago's top emerging growth companies. It brings together some of the smartest business minds from a variety of sectors to provide leadership, guidance and networking opportunities to the next generation of Chicago’s business leaders. For more information on the Chicago Founders Circle, visit the group's website
 

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Jordan Fishfeld named to CfPA Board of Directors
April 13, 2015 
 
PeerRealty CEO Jordan Fishfeld was recently named to the Crowdfunding Professional Association's (CfPA) Board of Directors. The CfPA is a global nonprofit trade organization dedicated to providing education, resources and assistance to all stakeholders in the crowdfunding industry. The CfPA and its members played an active role in the passage of the JOBS Act in 2012. Visit the CfPA website to learn more about the organization.   
 

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Jordan Fishfeld interviewed on real estate investing podcast
March 20, 2015 
 
PeerRealty CEO Jordan Fishfeld was the guest on the most recent episode of the "Best Real Estate Investing Advice Ever" podcast with Joe Fairless. Jordan discussed the importance of regional diversification in real estate investing, and also elaborated on the types of institutional-quality deals that PeerRealty looks for. Visit the Joe Fairless podcast site to listen.
 

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PeerRealty featured in the Chicago Tribune
March 18, 2015 
 
PeerRealty was featured in a Chicago Tribune story discussing the opening of our Riverside Plaza investment offering. Tom Bretz, co-founder of the Elmspring real estate accelerator program, said of PeerRealty that "there’s a big difference in building a website and actually funding a property. Relative to other crowdfunding sites out there, this is a very good indicator of how serious they are and how much they have their act together.” Visit the Chicago Tribune website to learn more.
 

PeerRealty featured in Chicago Inno story
March 6, 2015

PeerRealty was recently featured in a story on Chicago Inno, a news website that focuses on Chicago-area tech and startup companies. The story noted that real estate crowdfunding “was a $1 billion industry in 2014, and it is expected to grow to more than $2.5 billion in 2015.” To read the story, visit the Chicago Inno website.
 

PeerRealty announces opening of real estate crowdfunding platform to public
February 3, 2015

PeerRealty, the Midwest’s premier real estate crowdfunding platform, is proud to announce that its online investment platform is now open to the general public. The platform had previously been in private, invitation-only mode.

“At PeerRealty, we believe that no investment portfolio can be truly diversified without a real estate component,” says PeerRealty CEO Jordan Fishfield. “We also believe that there’s something unfair about real estate developers catering exclusively to their inner circle, so my partners and I are challenging that convention. Our robust platform gives self-directed, accredited investors the opportunity to invest directly with leading real estate developers in the Midwest.”

Current investment opportunities available on the PeerRealty platform include an office building in downtown Chicago and a shopping center in northeast Illinois.

Interested parties can click here to register for free and review the offerings.
 

PeerRealty selected to participate in the Elmspring accelerator program
January 20, 2015

PeerRealty is excited to have been selected to participate in Elmspring 2.0, the nation’s leading real estate startup accelerator program!

Participants in the Elmspring accelerator program will begin an intensive three-month program to develop and prepare their businesses for an investor pitch day, with the help of seed capital, Elmspring’s growing network of advisors and mentors, and pro bono legal and professional services. The Elmspring accelerator co-locates at 1871, Chicago’s leading digital hub for entrepreneurs, where participants will enjoy access to other mentors, investors, and other entrepreneurs, as well as high-tech office space.

Click here for more information.
 

American Homeowner Preservation LLC will be sponsoring the next RealCap Chicago Conference
January 2015

American Homeowner Preservation will be sponsoring the second edition of the RealCap Chicago Conference in January 2015. For more information, see PRWeb's article on the upcoming conference.
 

PeerRealty welcomes Milan Rubenstein of Windy City RE, LLP to their advising team
October 15, 2014

Milan Rubenstein currently serves as a principal of Windy City RE, LLC, a value add Real Estate Investment Company. Milan has owned and managed over 3000 apartment units in Los Angeles, and in 2010 entered the Chicago market. He now focuses on the acquisitions of distressed and mismanaged apartments and mixed-use buildings. Eager to learn more about our newest advisor? Click HERE to check out his interview with Abraham Tekippe of Crain’s Chicago Business.
 

PeerRealty invited to participate in Techweek LA’s LAUNCH competition!
October 14, 2014

By many, The Startup LAUNCH Competition is considered to be the main event at Techweek. It brings together promising new companies, provides attendees the chance to meet their founders, and learn how these industry leaders are looking to put their money to work. Click HERE to learn more about the LA LAUNCH Competition
 

CEO, Jordan Fishfeld, will be attending the Coastal Shows #CFGE Crowdfunding Summit
October 14, 2014

Coastal Shows is an international media company focused on "providing top-tier modern finance and crowdfunding educational experiences in the form of multifunctional events and tradeshows... Costal Shows leverages their ability to facilitate key relationships between the event attendees and industry thought leaders in order to create an immersive learning environment that delivers meaningful industry insights and expertise." Click HERE to learn more about the Coastal Shows #CFGE Crowdfunding Summit
 

PeerRealty Wins 5th Place in the Chicago Treasurer's Business Plan Competition.
October 3, 2014

Congratulations to competition winners Dovetail Studios, First Ascent Climbing, and Green Line Coffee Shop! We at PeerRealty wish you the absolute best! Pictured are advisor, Donna Rockin (left) and marketing coordinator, Jenna Cohen (right) receiving PeerRealty's certificate at the Small Business Expo at UIC.
 

Jordan Fishfeld, CEO of PeerRealty, to speak at the Soho Loft Conferences.
Septermber 18 , 2014

“RealCap Chicago: Introducing Online Capital to Real Estate Entrepreneurs”will be held on Thursday, September 18, from 8am to 6pm at One Financial Place, 440 S La Salle St., Chicago. The conference will provide entrepreneurs the opportunity to learn from established industry leaders. Click HERE for more information on the RealCap Chicago Conference. *New Links* Coverage from
PRLog
Equities
The Soho Loft
Times Realty News
 

Real Estate Accelerator, ElmSpring, at 1871
April 22, 2014

John Pletz of Crain's Chicago Business announces the beginning of Emspring's affiliation with  Chicago start-up incubator 1871. Click HERE to be redirected to Pletz's article.
 

PeerRealty Announced a Semi-finalist in the Chicago Lean Start-Up Challenge.
September 11, 2014

The fourth Annual Chicago Lean Start-Up Challenge has announced the year's twenty semi-finalists. The four finalists will compete for cash and prizes will be announced this fall. Click HERE for more information on the Chicago Lean Start-up Challenge.
 

PeerRealty named a finalist in the Chicago Treasurer's Business Plan Competition
September 9, 2014

Out of over one hundred applicants, PeerRealty has been named one of the five finalists in the Chicago Treasurer's Business Plan Competition. Winners of this competition will be announced at the Small Business Entrepreneur Expo on October 3rd. Click HERE for more information on the Chicago Treasurer's Business Plan Competition.