Tagged: assetavenue

Dead End for AssetAvenue?

Crowdfund Insider received a tip this past week that real estate crowdfunding platform AssetAvenue has stopped originating loans. Emails to the company have not been returned, and repeated attempts to contact AssetAvenue by phone have not been successful. Portions of the AssetAvenue site now generate… Read More

AssetAvenue Goes Long: Adds 30 Year Fixed Loans to Real Estate Options

AssetAvenue has added another product to its portfolio mix: 30 year fixed rate loans. The real estate crowdfunding platform has added the new product due to customer demand.  The new mortgage option may be used to purchase single family homes, rental properties, multi-tenant, condos and… Read More

Executive Change at AssetAvenue as Varun Pathria is Made CEO, Manshoory Now President

Real estate crowdfunding platform AssetAvenue has shuffled its executive bench. According to a company release, Varun Pathria has been promoted to CEO by the AssetAvenue Board of Directors.  Pathria is replacing co-founder and prior CEO David Manshoory who will now assume the position of President…. Read More

AssetAvenue Hires New Chief Technology Officer

AssetAvenue has announced the hiring of Douglas Sellers as Chief Technology Officer (CTO).  Sellers will be responsible for leading all of AssetAvenue’s technology initiatives and developing the product roadmap to launch new products and features for users of the company’s edge online real estate lending… Read More

The Largest Real Estate Crowdfunding Platforms

Real estate crowdfunding may be the hottest sector within the crowdfunding industry – at least in the US. Real estate and crowdfunding, be it debt or equity, is a perfect marriage of pairing technology to an out of date process of matching investors to projects. In the past,… Read More

AssetAvenue Hires Colony Capital Executive as CIO as Real Estate Platform Grows

Traditional financial executives moving over to join the innovative crowdfunding and direct lending crowd is becoming more and more prevalent. AssetAvenue, a debt based real estate funding portal has just announced the Varun Pathria, previously a Senior VP at Colony Capital, has moved over to… Read More

Peer-to-Peer Lender AssetAvenue Selected to Participate in National Association of Realtors’ 2015 Class of REach Program

AssetAvenue, a peer-to-peer lending platform for commercial real estate loans, is proud to announce that it has been selected to participate in the 2015 class of REach, the growth technology accelerator program sponsored by Second Century Ventures, the strategic investment arm of the National Association of Realtors (NAR)…. Read More

AssetAvenue Raises $11 Million in Series A; Real Estate Platform Poised For Rapid Growth

AssetAvenue, a debt based real estate crowdfunding platform, has raised $11 million in a Series A funding round led by DCM Ventures. Founded in 2013, this significant funding will dramatically boost AssetAvenue’s growth as it invests in technology and product development.  The funding is indicative of… Read More

Six Months, $24 Million in Real Estate Funding: AssetAvenue

Real estate crowdfunding platform AssetAvenue has topped another milestone and rather quickly. The funding portal has now passed $24 million in loans, according to a report from the company.  AssetAvenue targets bridge and transitional loans for commercial real estate across the US.  Investors are both… Read More

Brief: AssetAvenue Announces New Senior VP, Eddie Prosser

AssetAvenue, a peer-to-peer lending platform for commercial real estate has announced that commercial real estate executive Eddie Prosser is joining the company as Senior Vice President of Real Estate Investments. Prosser will be responsible for expanding key lender and broker partnerships as well as utilizing… Read More

Brief: AssetAvenue Fully Funds Austin Retail Building Loan

Peer to peer (P2P) real estate lender AssetAvenue has announced funding of a retail building loan in Austin, Texas. “The Austin loan satisfied each of our four pillars of value: Market Location, Property Condition, Borrower Strength and Loan Structure,” said Kevin Arrabaca, President of Real… Read More

Adam Chapnick Says Goodbye to Indiegogo and Heads to AssetAvenue

Principal of leading crowdfunding platform Indiegogo Adam Chapnick announced on Thursday he is leaving the industry giant to join real estate crowdfunding company AssetAvenue. The company’s first completed deal raised $485,000 from investors in less than 48 hours to acquire a commercial real estate loan… Read More

AssetAvenue Launches Crowdfunding Marketplace for Real Estate

Real estate crowdfunding platform AssetAvenue has officially launched its online marketplace, providing pre-vetted investment opportunities with real estate operators from across the country. The platform will allow real estate operators to promote offerings based on rules enacted last fall and legalized under the JOBS Act…. Read More

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