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Bringing real estate investment to the people
In 2012, brothers Ben and Dan Miller founded Fundrise, a Washington, DC-based start-up, with one goal: Give everyone the ability to invest directly in the same real estate as multibillion-dollar institutions — online.
“The idea is pretty straightforward,” says Fundrise president Dan Miller. “Technology allows us to dramatically reduce costs and provide our investors with better returns.”
Fundrise’s online crowdfunding platform connects individuals with real estate investments in one convenient marketplace — side by side with millionaires. This allows the average investor to build out a real estate portfolio quickly and efficiently, with the opportunity to achieve higher returns.
In addition to being a more efficient process, lowering the barrier to entry to Fundrise’s platform gives investors access to the most desirable commercial properties in major US cities. For example, today on Fundrise you can invest $5,000 in the development of the skyline-defining 3 World Trade Center — a $2.5 billion deal. You can purchase a piece of what stands to be one of the most iconic buildings of the century as easily as you can buy a book on Amazon.
http://www.businessinsider.com/sc/50...ider-taboola-3
In 2012, brothers Ben and Dan Miller founded Fundrise, a Washington, DC-based start-up, with one goal: Give everyone the ability to invest directly in the same real estate as multibillion-dollar institutions — online.
“The idea is pretty straightforward,” says Fundrise president Dan Miller. “Technology allows us to dramatically reduce costs and provide our investors with better returns.”
Fundrise’s online crowdfunding platform connects individuals with real estate investments in one convenient marketplace — side by side with millionaires. This allows the average investor to build out a real estate portfolio quickly and efficiently, with the opportunity to achieve higher returns.
In addition to being a more efficient process, lowering the barrier to entry to Fundrise’s platform gives investors access to the most desirable commercial properties in major US cities. For example, today on Fundrise you can invest $5,000 in the development of the skyline-defining 3 World Trade Center — a $2.5 billion deal. You can purchase a piece of what stands to be one of the most iconic buildings of the century as easily as you can buy a book on Amazon.
http://www.businessinsider.com/sc/50...ider-taboola-3
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