PropFunds L.P., doing business in the real estate crowdfunding arena, has funded approximately $2,000,000 of first trust deeds in the past two months. The property types have primarily been multi-family projects in the greater Los Angeles market and the annualized yields to PropFunds investors are projected to be 8%-11.25%. A number of the loans funded by PropFunds had LTV’s less than 40%.
“The $2 Million was spit over 5 loans” with an average investment size of $400,000. “These latest loan deals further demonstrate PropFunds success within the crowdfunding investing industry,” said Jim Aldrich, CEO and Founder of PropFunds L.P. PropFunds supports both debt & equity deal flow.
PropFunds L.P. has leadership is made up of seasoned professionals with decades of experience. Founder and CEO Jim Aldrich has twenty years of real estate investment experience and has worked in the industry for twenty-five years. Furthermore, PropFunds’ team of long-term investment advisors has a combined total of more than 150 years of experience in the real estate industry. PropFunds is differentiating itself as a sound, reliable alternative for investors in the real estate crowdfunding marketplace.
The platform’s investment advisors have a diverse background in real estate with multiple areas of expertise, including multifamily, retail, industrial, office, hospitality and luxury residential real estate, and finance.
PropFunds L.P. is well positioned to capitalize on deal flow ranging in this $400,000 range up to $10 million that would otherwise be ignored by larger institutional investors or “Wall Street” capital. At PropFunds L.P., the goal is to generate higher returns than one may expect from a more traditional investment resource.