PeerRealty One of Five Crowdfunding Platforms to Acquire Tycoon Real Estate

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…

PeerRealty Featured in Crain’s Chicago Business Story on Real Estate Crowdfunding

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…

Jordan Fishfeld Interviewed on WGN Radio’s Tomorrow’s Business Today

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…

PeerRealty, The Cultivator Reach Agreement

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…

PeerRealty Featured on BisNow Chicago

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…

Illinois Equity Crowdfunding Bill Signed by Gov. Rauner

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…

PeerRealty’s Jordan Fishfeld & Amy Kirsch Named to Oy!Chicago’s Jewish 36 Under 36 List

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…

AI Markets Discusses PeerRealty’s CFX Network

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…