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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