Crowdfunding Firms Blow Up the Model to Survive in Real Estate

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Crowdfunding Firms Blow Up the Model to Survive in Real Estate
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Crowdfunding firms sought to transform real estate investing the way Amazon changed retail. It hasn’t worked out that way.

This article is part of a Property Report series looking at small investors and real estate, from new ways for individuals to buy slices of office towers to how to buy a stake in an investment home for as little as $50.

Dan Miller became a pioneer of real-estate crowdfunding about eight years ago by selling stakes in mainstream property such as hotels, apartment buildings and offices to small-time investors via the internet.

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