Due diligence is the defining factor that could make or break your credibility as an investment firm; and yet it’s one of the hardest aspects of real estate investing. “Out of 100 deals that come in the door, the underwriting team approves less than 5%,” states Craig Cecilio, Founder of DiversyFund.  “Although our jobs as asset managers is to ensure investors yield compounded returns by getting their money working all the time, our number one priority is to conduct a rigorous process and in some ways marry the deal to really understand it’s true purpose.” The Catch 22 For investors, the due diligence process is incredibly timely; so much so, that there’s a chance that they can miss a potentially great deal all together. In most cases, investors who need about a week to do their own due diligence will not be able to invest by the close date. For those looking […]

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 […]

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 […]