What's Hot: Douglas Development Files PUD For Large Warehouse At New City Site Along New York Avenue
Real Estate Crowdfunding Now a $1 Billion Industry
✉️ Want to forward this article? Click here.
![Real Estate Crowdfunding Now a $1 Billion Industry: Figure 1](https://assets.urbanturf.com/dc/images/blog/2013/05/timthumb_550.jpg)
906 H Street NE, one of Fundrise’s first offerings.
Real estate crowdfunding is likely to balloon into a $2.5 billion industry this year, a new report from research firm Massolution suggests.
The projected jump to $2.5 billion represents quick growth for the industry, which eclipsed just over $1 billion in 2014. Between 2013 and 2014, Massolution says, real estate crowdfunding grew 156 percent. Investments in North America are projected to reach $1.4 billion this year.
The idea of using a number of small and mid-size investors to fund real estate projects saw much of its early development in DC, where crowdfunding platform Fundrise was launched in 2012. Fundrise’s founders, brothers Ben and Dan Miller, worked out the tricky logistics of the investments with the Securities and Exchange Commission after the JOBS Act made the platform possible in that same year.
The Millers put up their first public real estate offering, Maketto, in 2013, which the company calls “the first online equity offering for a real estate property.” Minimum buy-in to a Fundrise project: $100.
That project is set to open by the end of this month, Fundrise’s Brandon Jenkins recently told UrbanTurf.
See other articles related to: crowdfunding, fundrisec, real estate investing
This article originally published at https://dc.urbanturf.com/articles/blog/real_estate_crowdfunding_now_a_1_billion_industry/9606.
Most Popular... This Week • Last 30 Days • Ever
![First-Timer Primer: Tax Relief for DC Homeowners](https://assets.urbanturf.com/dc/images/blog/2013/02/Homestead_Exemption_280.jpg)
When you buy a home in the District, you will have to pay property taxes along with y... read »
![A 127-Unit Luxury Condo Building In The Works For Downtown DC](https://assets.urbanturf.com/dc/images/blog/2024/07/resized/950%203rd%20Street%20Dusk%20EXT_image_560x420.jpg)
The largest condominium building in downtown DC in recent memory is currently under c... read »
![HPO Recommends Approval For 160-Unit Office-To-Residential Conversion in Dupont Circle](https://assets.urbanturf.com/dc/images/blog/2024/06/resized/1201-Conn_image_560x420.jpg)
The plan to convert a Dupont Circle office building into a residential development ap... read »
![Beautifully Constructed Condominium in The Bridge District is Now 50% Sold](https://assets.urbanturf.com/dc/images/blog/2024/07/Riviere%20article/resized/2305%20Nicholson%20St%20SE%20405-0003_image_560x420.jpg)
The Rivière includes just 20 homes located on the eastern banks of the Anacostia Riv... read »
![Monday's Must Reads](https://assets.urbanturf.com/dc/images/blog/2024/07/resized/bubble_image_560x420.jpg)
Why Tyra Banks is serving ice cream in DC; a bike shop/record store opens in Adams Mo... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro