Sharestates On Becoming the E-Trade of Real Estate

With interest rates continuing to be low, investors are increasingly turning to real estate in their quest for superior returns. However, traditionally, retail investors have found it difficult to find real estate investment opportunities which have been the exclusive domain of investment managers and well-connected high net worth individuals. Retail investors have been forced to restrict their investments to buying and flipping properties or to invest in real estate investment trusts (REITs) which manage a portfolio of investment properties.

However, Sharestates, a real estate crowdfunding platform, is now offering both accredited and non-accredited investors the opportunity to invest as little as $100 in real estate projects. The objective is to make the company the “E-Trade of Real Estate” by making real estate investment as easy and accessible as any other form of online shopping.

How the platform developed

Allen Shayanfekr, Sharestates legal adviser and co-founder, often walked past New York City properties and thought about why he and his friends could not put their money together and own one or more of those properties. He soon learned that it was difficult to access the market. At the same time, a portfolio manager named Wayne Geffen who is now an adviser to Sharestates was working on a real estate exchange along the lines of the NYSE for equities …. Read more at: http://timesrealtynews.com/featured/sharestates-on-becoming-the-e-trade-of-real-estate/