Rethink Real Estate. For Good.

FinTech

Americas YLG: Crowdfunding for Real Estate.

Eve Picker is participating in Crowdfunding for Real Estate, a virtual event hosted by the ULI Americas Young Leaders Group. This event will explore new ways to invest in development projects in an exclusive event offered to Young Leaders on Thursday, September 28, 2023 at 12:00 p.m. ET.

The panel, made up of Mark K. Bhasin, CFA, FRM, FDP, CMT, ERP, PRM, WELL AP, Brian Dally, and Eve Picker, will discuss the basics of real estate crowdfunding, how it works, different types of crowdfunding platforms, and the risks and rewards involved. Attendees will also hear from experts in the field who will share their insights on how to use crowdfunding to achieve your investment and project development goals. 

This event is open to all commercial real estate professionals under the age of 35. Whether you are just starting out in your career or you’re a seasoned investor, you will learn valuable information that you can use to make informed investment decisions. 

Register here. 

Image courtesy of Americas YLG

Working from anywhere.

Working from anywhere is the new normal.

So we’re glad to see Small Change’s work-from-home policy covered in this article by The Fintech Times. It’s true that you can miss face-to-face banter.  But days in the office, industry events and of course, those dreaded Zoom meetings, keep us socialized.

Globe Street Class of 2023

Who’s my crowd? According to GlobeSt.com/Real Estate Forum, the 2023 Women of Influence. 

That’s right: The publication named me a “Diversity Champion,” one of its special recognition awards. I’m proud to be included among so many women who are making their mark in what is still a male-dominated industry. And I’m especially proud that my work to enhance participation of women and minorities in real estate development and investment has resulted in this honor. 

Thank you to GlobeSt./Real Estate Forum!

Later this month many of the other winners will congregate at the annual Women of Influence event in Lake Tahoe. Although I’m unable to attend, I’ll be celebrating and congratulating my “new crowd” from afar. Let’s keep the momentum going as we further democratize commercial real estate! 

The power of Fintech.

Technology is the bomb. But when you set technology loose on the problems of the world, that’s when things really start clicking.

The Fintech Times agrees with me. This month they are focused on fintech companies that meld diversity and inclusion into their financial services. My interview with them kicked off their investigation.

I’ve faced “plenty of challenges” around the notion of achieving inclusion, but financing opportunities tops the list. This struggle served as the catalyst that launched my equity crowdfunding platform, SmallChange(dot)co, which is squarely focused on including everyone.

Capital is an old boys club. The members of that club invest where they feel most comfortable. And In real estate this means that capital (lots of it) flows into the same neighborhoods, for the same kinds of projects, often being developed by the same few people. Over and over again.

  • Women, and people of color get left out.
  • Smaller projects that need less than $10 million in equity get left out.
  • Opportunities to kickstart local economic growth are ignored
  • Rich areas get richer, poor areas get poorer.

I’ve built the first (and perhaps only) crowdfunding platform fully focused on impact in real estate. On Small Change anyone can invest directly into real estate projects for as little as $250 (as long as they are 18). And developers can raise up to $5 million for their projects every year, directly from the crowd.

We’re focused on democratizing capital formation for real estate projects, offering investment opportunities to everyone with the potential for real impact and real returns.

Read the Fintech Times report here.

Image courtesy of The Fintech Times

Asset Digest on Paul Rabinovitch.

Asset Digest announces Paul Rabinovitch joins SmallChange.co Crowdfunding Platform as Strategic Advisor.

Rabinovitch was the former principal and head of real estate at New Island Capital Management, a 100% impact investment advisory firm. Over the past 2 decades he has overseen investments of approximately $500 million of equity in real estate and is widely considered a pioneer in impact investing for real estate.

“Small Change is tackling the inequity of the real estate world head on, opening doors for emerging developers, first-time investors and disinvested places alike.” says Rabinovitch. “I’m looking forward to working with Small Change to ensure that these open doors become major thoroughfares of opportunity.”

Rabinovitch joins Small Change as the company launches its first-ever community-round capital raise on Wefunder. As strategic advisor, he will help guide the continued expansion of the growing platform.

Logo from Asset Digest