Real estate companies need to pull resource together to succeed. That is why five real estate crowdfunding platforms announced the coming together and acquisition of Tycoon Real Estate in California. The five crowdfunding platforms plan to revamp the new acquisition.
Tycoon Real Estate became the first ever purchase of a real estate crowdfunding company acquired by CrowdFranchise, EquityRoots, Peer Realty, Patch of Land and Homeowner Preservation companies dealing in different portfolios. American Homeowner Preservation purchases nonperforming mortgages. Patch of Land is a leading alternative solution financier that brings lenders and borrows together online. PeerReality is a premier realtor crowdfunding platform that helps people gain diversification. Equity Roots is dedicated to branded hotel assets. CrowdFranchise is another platform allowing communities to make investments and manage franchise companies that succeed in their areas. Today, Tycoon Real Estate deals in real estate crowdfunding and has developed the commercial and residential property. It came to international attention from the Shark tank episode appearance.
Patch of Land CEO Jason Fritton says there is an increased awareness for real estate crowdfunding. This has risen because of the Shark Tank appearance of Tycoon Real Estate. The appearance, though not that successful, created a chance to know about the regulations in the crowdfunding platforms and the manner in which firms have leveraged SEC regulations and JOBS Act, which funds a large chunk of money in the property market.
The coming together and buying the Tycoon Real Estate presented a chance to transform the Company’s portal for educational purpose, and prove why the Sharks judges went wrong. CrowdFranchise CEO says that the acquisition of Tycoon Real Estate has created a buzz, with the timely approval of their Title III, good for investors to put their money. The approval of Title III by the SEC was completed on October 30th, presenting an opening for people to crowdfund.
Coming together by the five crowdfunding companies to acquire Tycoon Real Estate brings a sense of community. EquityRoots dealflow organizer; Bhavik Dani says the company is happy to work with others sharing a common vision. Dani says allowing people to log into the internet to choose local investment in the franchise business, property and hotels are a real progress.
Know about Majeed Ekbal
Investment is one of the profitable ventures and people have made a name out of it. Majeed Ekbal of Chicago Illinois holds the position of an independent senior marketing executive. Ekbal has previously worked at Draftfcb, Avenue Razorfish and other firms. He studied at American University.
Ekbal has 15 years experience in New Business Developments and Marketing, well known for developing global marketing campaigns and taking charge of new business initiatives. Ekbal specializes in digital marketing, partner development, branding and managing the budget. Ekbal has experience in brand awareness, planning and execution, experimental marketing, social media, digital and SEO analytics and many more. Ekbal also helps in humanitarian projects locally and internationally to create better ways for women and children who are neglected in empowerment and education.