Online real estate investing marketplace RealtyShares has successfully crowdfunded a significant portion of a Marriott property in Columbus, OH. Close to $1.5 million of equity was raised from RealtyShares’ accredited investors.
RealtyShares CEO Nav Athwal said his investors were excited about the opportunity.
“Our investors were very excited – the transaction took less than five days to be fully subscribed.
“We’re proud to be one of the few crowdfunding companies to even offer these sorts of transactions.”
Mr. Athwal said investors will benefit from the $2.6 million of investment partner Conor Acquisitions has planned for the 150-room facility which caters to business travel.
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