Amy Kirsch: Varying Our Real Estate Deals
At RealtyShares, we strive to provide an exceptional platform for our valued investors and sponsors; our goal is to create a one-stop shop for real estate investing. An essential component of this service is the variety and volume of real estate deals we offer, and in the last six months or so, that variety has expanded greatly. To be sure, as with all investments, these deals carry risk and are not suitable for all investors.
Here’s a quick overview of the assortment of properties featured on our platform:
Single-Family Residential: Single-family debt investments offer short terms with low minimums for all of our investors to access. Diversity for our community is very important, so the geographical reach of our single-family residential deals is constantly expanding. California, Texas and Florida are stalwarts, but we’ve recently seen a higher concentration of deals in places such as Arizona, North and South Carolina, and Seattle, Washington popping up on our platform.
Multifamily: Our multifamily deals are plentiful as usual, but another popular offering has emerged: designated off-campus student housing. These units are attractive projects for sponsors as there is a steady supply of potential tenants looking to live adjacent to colleges and universities. More and more single and multifamily units near campuses in college towns are emerging on our platform.
Hospitality: The hospitality industry is becoming more prevalent on the RealtyShares platform since our first hotel offering last summer. We recently closed on a bed-and-breakfast in New York and have since then turned our focus toward hotel funding opportunities. Apart from the potential returns investors may gain from such an asset, hotels provide additional cachet as an investment type people take a particular pride in owning a part of.
Retail, Office and Industrial: The scope of our retail, office and industrial investing options continues to advance. We just closed a recapitalization project for a shopping center in North Carolina, and our previous retail and industrial deals include several self-storage locations, a strip mall in Arizona, and fast-food franchises such as Dog Haus in Nashville. We also previously closed on a distribution center near Boston, an industrial warehouse in San Francisco and a corporate office building in Houston.
Improving the investor experience
This diverse set of deals is crucial for giving our community the best experience possible on our platform. Oftentimes, investors cite the diversity of our investments as one of the primary reasons they choose the RealtyShares marketplace, so it is important that we offer a wider range of investable properties to match a varying array of risk and return profiles.
However, real estate deal variety is only one part of our continuing mission to provide the best of investor relations to RealtyShares customers. Showcasing diverse deals is simply the beginning of our relationship with investors and sponsors. Investor relations is the ongoing touchpoint for customers to get the information they need over the life of an investment.
Our team of intrepid investor-relationship managers works with customers, answers questions about real estate and how our process works, updates deal statuses, and coordinates payments in a timely manner. This transparency and speed make RealtyShares a leading platform in online real estate investing, and the breadth of our offerings allows us to stand out in the industry even further. Increasing the scope of our investment offerings is a vital step toward improving the overall quality of the investor experience.