LOS ANGELES--(BUSINESS WIRE)--PropFunds L.P., doing business in the real estate crowdfunding arena, just funded a bridge loan of $750,000 for a luxury home development in Hidden Hills, CA. The total loan LTV does not exceed 65% and the annualized return to the investors should be 11.25%. The investment was made in one of the Southern California region’s hottest real estate markets.
“We are pleased by the positive response and high level of interest in our crowdfunding investment opportunities,” said Jim Aldrich, CEO and Founder of PropFunds L.P. “This is yet another investment that is an example of generating Above Market Returns While Incurring Below Market Risk.” A promo video explains: https://www.youtube.com/watch?v=TWhUHoJ4vHc
PropFunds L.P. may be new to crowdfunding, but its leadership is made up of seasoned professionals with decades of experience. PropFunds CEO and Founder Jim Aldrich has twenty years of real estate investment experience and has worked in the industry for twenty-five years. Furthermore, PropFunds’ team of long-term investment advisors has a combined total of more than 150 years of experience in the real estate industry. PropFunds is differentiating itself as a sound, reliable alternative for investors in the real estate crowdfunding marketplace. Investors can view Current Opportunities here: http://www.propfunds.com/register.php
PropFunds L.P.'s investment advisors have a diverse background in real estate with multiple areas of expertise, including multifamily, retail, industrial, office, hospitality and luxury residential real estate, and finance. A list of PropFunds' advisors may be found here: http://www.propfunds.com/#about-us
PropFunds L.P. is poised to take advantage of properties ranging up to $10 million that would otherwise be ignored by larger institutional investors or “Wall Street” capital. At PropFunds L.P., the goal is to generate higher returns than one may expect from a more traditional investment resource.
Disclaimer: This press release does not constitute an offer to sell or a solicitation of an offer to make an investment. Neither the SEC nor any state securities commission or regulatory authority approved, passed upon or endorsed the merits of this offering. PropFunds' services do not constitute “crowd funding” as described in Title III of the Jumpstart Our Business Startups Act (“JOBS Act”).