Aliso Viejo, CA, September 11, 2015 (Newswire.com) - 1031 Crowdfunding LLC announced today that the Company has identified Capital Square Realty Advisors, LLC (“CSRA”) as the DST sponsor to which the Company’s new Bridge Fund offerings will make short term capital loan investments.
CSRA specializes in the creation and management of commercial real estate investment programs for Section 1031 exchange investors and cash (non-1031) investors using the Delaware Statutory Trust structure. CSRA currently has a portfolio of more than 20 properties valuing greater than $330 million. CSRA was founded by Louis Rogers who is a 30-year veteran of commercial real estate investments, having created and managed over 100 investment offerings totaling more than $3 billion.
“The CSRA DST Funds available through our investment platform have been very popular by our investors,” said 1031 Crowdfunding Founder and CEO, Edward Fernandez. “It is an exciting next step to have a Bridge Fund that allows for the lending of capital to CSRA for the creation of additional DST Funds so that more investors can have the opportunity to participate.”
“One of the biggest challenges for a DST sponsor is having enough capital to have enough deals,” said CSRA Founder and CEO, Louis Rogers. “Our platform is broad with all sorts of property types all over the country. It takes enormous amounts of capital to have those deals, and, if you don’t have those deals, you don’t have any business since the 1031 exchange investor has a short time-frame to close on their replacement properties. The mezzanine financing from the Bridge Funds will allow CSRA to have more properties on the platform, which will give investors greater options.”
CSRA currently receives mezzanine loans from hedge funds and equity funds on Wall Street. Bridge Funds offered by 1031 Crowdfunding will give general investors a chance to profit on this type of lending.
“The Bridge Funds offer a nice return for investors who have discretionary cash that they can loan for a relatively short period of time,” said Rogers.
Bridge Funds are an opportunity for real estate investors to invest in institutional real estate as the lender rather than the borrower and owner of the real estate. Bridge Funds will be available through 1031 Crowdfunding in the coming weeks for a minimum investment of $25,000 and are expected to produce an 8% return.
For more information, visit www.1031Crowdfunding.com or call (844) 533-1031.
About 1031 Crowdfunding LLC
1031 Crowdfunding provides a range of quality properties for investors seeking a 1031 exchange through a Delaware Statutory Trust. With a compliant online investment platform, investors research opportunities, make investments with ease, and receive monthly updates. 1031 Crowdfunding was founded by Edward Fernandez along with Alfred Pizzurro, Marcus Kurschat, William Erickson and Tim Barrett, aggregating 120 years of their combined experience in the securities and real estate markets.
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