Jul
21

DiversyFund Provides Debt / Equity Financing on Point Loma Remodel

Wow! One of DiversyFund’s repeat clients recently completed a stunning Point Loma remodel in San Diego, CA. DiversyFund provided the Debt and Equity financing for the property located at 3221 Byron Street San Diego CA 92106. With the financing covering the purchase, rehabilitation, and resell. As of right now, the stunning property is currently listed at $1,379,000-$1,479,000. It is a 4 bed / 3.5 bath 2,650 SF home. Even more so, you will enjoy endless ocean views and a mid-century feel within the home. One of it’s perks is the large dual master suite downstairs. Since this suite can also be used as a 2nd unit, one can produce extra income. Not only did the Operator do a spectacular job on the renovation, their turn around time was actually 2 months faster than expected. DiversyFund and the investors yielded 12% on the Debt Product and upwards of 40% on the Equity product when the property sold. […]

Dec
18

CA-Based Real Estate Crowdfunding Platform, DiversyFund, Commences Major Back-end Development

DiversyFund announced that on December 18th, 2014 their new sleek website will be live. The company is a real estate crowdfunding platform that connects accredited investors to high-quality pre-vetted real estate investment opportunities. “Thanks to our current users’ feedback, we have launched a yearlong plan through a series of initiatives to optimize the development of the backend user profiles,” said Craig Cecilio, Founder and CEO of DiversyFund. New Investor Portal Features Even more so, the new changes will feature: Personalized portfolio management. Virtual documentation for all invested in offerings which will include closing packages, monthly servicing statements, etc. Live chat to get real time answers for your questions on each offering. Online wiring options to 3rd party escrow accounts. Virtual document signing throughout the life of the each and every investment. Currently, the DiversyFund team is in the final stages of tying up loose ends. Additionally, the website is set to […]

Dec
17

How the SEC Regulation D 506 Has Changed the Industry

Over the past year we have seen real estate crowdfunding unfold into its own animal at an  unprecedented rate. With the SEC Regulation lifting the General Solicitation Ban, private companies can now publicly advertise their investment offerings. Additionally, open fundraising is the catalyst for this past year’s whirlwind of changes. Not only should all companies understand how this affects their business and their competitors, but investors should understand the importance in the development of the Title II of the JOBs Act when vetting investments. The Scope of Public Advertising What has been known over the past 80 years as illegal by the SEC under Rule 506 of Regulation D and Rule 144A of the Securities Act of 1933, is now amended. Under the amendment, companies will be allowed to fundraise investment offerings to a larger audience of people who may or may not be Accredited Investors. General solicitation has created impactful progress […]