Archive List for Crowdfunding

Litigation Case #7 Resolved (LexShares)

Crowdfunding

My 7th investment into commercial litigation crowdfunding has resolved. Funding In July 2017, LexShares opened a new investment opportunity. Projected net return was 80% in the first 6 months, 20% next 6 months, then 40% every 6 months thereafter. I committed to the case and I wired $75,000 on 7/12/17. LexShares disbursed funds to the plaintiff on・・・

EVIVA Midtown Project Repaid (iFunding)

Crowdfunding

My first preferred equity investment on commercial real estate project has completed. Funding In September 2016, iFunding announced a $600,000 preferred equity follow-on offering for EVIVA Midtown. The investment has an estimated 20% preferred return: 8% current return paid monthly & 12% accrual paid at maturity. Target maturity is June 2017 (10 month term). I made a・・・

ProudLiving Project Terminated (iFunding)

Crowdfunding

My first preferred equity investment on commercial real estate project has been terminated. Funding In September 2016, iFunding announced a $1.4 million, 2-year preferred equity investment in an apartment portfolio acquisition & renovation in New Jersey. The investment has an estimated 25% preferred return: 9% current return paid monthly & 16% accrual paid at maturity.・・・

How to Liquidate Lending Club Loans

Crowdfunding

I’ve been liquidating my Lending Club account for over a year. The goal was to withdraw $300,000 “basis” and leave the earned interest in my account. I gradually lower the markup to accelerate the liquidation process over the past few months. As of May 5th, $240,000 were successfully withdrawn. It was going as planned. Investor Sentiment was Overly Negative・・・

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