Lend Academy Network Forum

Real Estate Crowdfunding => General Discussion => Topic started by: lurker on February 06, 2018, 12:27:46 PM

Title: RealtyShares annual summary issues?
Post by: lurker on February 06, 2018, 12:27:46 PM

RealtyShares released a “Personalized Annual Summary” recently and then Quickly took it offline and sent an email asking anyone who downloaded to delete it. 

It seemed very strange, did anyone download it before it was taken offline?  I’m concerned there may have been a data breech of some sort.

Title: Re: RealtyShares annual summary issues?
Post by: Sam Richards on February 22, 2019, 04:38:14 AM

Thank you for the info! I was thinking about investing in them. Does anybody know any other good property crowdfunding platforms?

Title: Re: RealtyShares annual summary issues?
Post by: Fred93 on February 22, 2019, 11:25:14 AM

I use groundfloor.us

Title: Re: RealtyShares annual summary issues?
Post by: Daniel Baksley on February 27, 2019, 03:09:49 AM

Realty Shares? I heard they have collapsed. Is that true?

Title: Re: RealtyShares annual summary issues?
Post by: lascott on February 27, 2019, 10:15:24 AM

Quote from: Daniel Baksley on February 27, 2019, 03:09:49 AM

Realty Shares? I heard they have collapsed. Is that true?

Check news around Nov 2018.

Example: https://www.financialsamurai.com/the-sad-demise-of-realtyshares-whats-next-alternatives-and-lessons/

Title: Re: RealtyShares annual summary issues?
Post by: lucasmartin on May 16, 2020, 12:39:30 PM

RealtyShares announced that they were unable to accept new investors and would not be able to secure new VC funding and would stop offering new deals. The reason behind the closure of RealtyShares is that they were unable to secure additional capital, as a result, they had to shut down the company and they fired most of their staff.