Fundrise
Fundrise is a Washington, D.C.–based financial technology company founded in 2010 that operates an online investment platform. Fundrise has been labeled as the first company to successfully crowdfund investment into the real estate market. , Fundrise had originated approximately $1.1 billion in both equity and debt investments deployed across approximately $4.9 billion of real estate property. History Fundrise was founded in 2010 by brothers Ben and Dan Miller and launched in 2012 before the passing of the Jumpstart Our Business Startups Act, JOBS Act, which enacted securities regulation to streamline the process of equity crowdfunding in the United States. Their father, Herb Miller of Western Development Corp., developed 20 million square feet of real estate based in Washington, D.C. Ben Miller worked as President of Western Development Corp. and Managing Partner of WestMill Capital Partners prior to Fundrise. Prior to Fundrise, Dan Miller worked for Western Development Corp ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Real Estate Investing
Real estate investing involves purchasing, owning, managing, renting, or selling real estate to generate profit or long-term wealth. A real estate investor or entrepreneur may participate actively or passively in real estate transactions. The primary goal of real estate investing is to increase value or generate a profit through strategic decision-making and market analysis. Investors analyze real estate projects by identifying property types, as each type requires a unique investment strategy. Valuation is a critical factor in assessing real estate investments, as it determines a property’s true worth, guiding investors in purchases, sales, financing, and risk management. Accurate valuation helps investors avoid overpaying for assets, maximize returns, and minimize financial risk. Additionally, proper valuation plays a crucial role in securing financing, as lenders use valuations to determine loan amounts and interest rates. Financing is fundamental to real estate investing, ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Crowdfund
Crowdfunding is the practice of funding a project or venture by raising money from a large number of people, typically via the internet. Crowdfunding is a form of crowdsourcing and alternative finance, to fund projects "without standard financial intermediaries". Mollick, E. (2014). ''The dynamics of crowdfunding: An exploratory study.'' Journal of Business Venturing. Vol. 29, pp. 1–16. In 2015, over was raised worldwide by crowdfunding. Although similar concepts can also be executed through mail-order subscriptions, benefit events, and other methods, the term crowdfunding refers to internet-mediated registries. This modern crowdfunding model is generally based on three types of actors – the project initiator who proposes the idea or project to be funded, individuals or groups who support the idea, and a moderating organization (the "platform") that brings the parties together to launch the idea. The term crowdfunding was coined in 2006 by entrepreneur and technologist, Mich ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Funrise Toys
Funrise Inc. is an American toy manufacturer and distributor. History Funrise Toy Corporation designs, manufactures, and distributes toys for children. The company offers a line of preschool toys, as well as toys for kids of various age groups. It serves customers through its showrooms. The company was founded in 1987 and is based in Van Nuys, California with additional offices and showrooms in Bentonville, Arkansas; Minneapolis, Minnesota; Ontario, California; Kowloon, Hong Kong; Buckinghamshire, United Kingdom; and Nuremberg, Germany, as well as Australia. As of June 8, 2007, Funrise Toy Corp. is a subsidiary of Matrix Holdings Ltd. Products Current toys and games * Gazillion Bubbles * Bright Fairy Friends * Rainbow Butterfly Unicorn Kitty * Gla'more * Mighty Fleet * Cat (partnered with Caterpillar Inc.) * Fart Ninjas Former distributed toys and games * Tonka (partnered with Hasbro and Basic FUN) * Herodrive (partnered with DC, Warner Bros. and Marvel Comics) * ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Three World Trade Center
3 World Trade Center (3 WTC; also known as 175 Greenwich Street) is a skyscraper constructed as part of the new World Trade Center in Lower Manhattan, New York City. The tower is located on Greenwich Street along the eastern side of the World Trade Center site. The building was designed by Rogers Stirk Harbour + Partners, and is managed by Silverstein Properties through a ground lease with the Port Authority of New York and New Jersey (PANYNJ), the landowner. It is high, with 80 stories. , it is the tenth-tallest building in the city. The current edifice is the second on the World Trade Center site to bear the address 3 World Trade Center. The original building was the Marriott World Trade Center, a 22-story, 825-room hotel located in the southwest corner of the World Trade Center complex. Opened in July 1981 as the Vista International Hotel, it was destroyed during the September 11 attacks in 2001, along with the rest of the World Trade Center. The current 3 World Trade C ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Regulation A
In the United States under the Securities Act of 1933, any offer to sell securities must either be registered with the United States Securities and Exchange Commission (SEC) or meet certain qualifications to exempt it from such registration. Regulation A (or Reg A) contains rules providing exemptions from the registration requirements, allowing some companies to use equity crowdfunding to offer and sell their securities without having to register the securities with the SEC. Regulation A offerings are intended to make access to capital possible for small and medium-sized companies that could not otherwise bear the costs of a normal SEC registration and to allow nonaccredited investors to participate in the offering. The regulation is found under Title 17 of the Code of Federal Regulations, chapter 2, part 230. The legal citation is 17 C.F.R. §230.251 ''et seq.'' On March 25, 2015, the SEC issued new final regulations amending Regulation A. Montana and Massachusetts state regulator ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Amazon HQ2
Amazon HQ2 is Amazon (company), Amazon's corporate headquarters in National Landing in Crystal City, Virginia (part of Arlington, Virginia, Arlington County) in the Washington, D.C. area, and an expansion of the company's headquarters in Seattle, Washington. Phase I, which has capacity for 14,000 employees, opened in June 2023. Construction on Phase II is delayed and there is no timeline for development. HQ2 was announced in September 2017, when Amazon submitted request for proposals to governments and economic development organizations asking for tax breaks and other incentives to entice the company. Amazon claimed that it intended to spend $5 billion on construction and that HQ2 would house 50,000 workers when completed. More than 200 cities in Canada, Mexico, and the United States eventually offered tax breaks, expedited construction approvals, promises of infrastructure improvements, new crime-reduction programs, and other incentives. On January 18, 2018, a shortlist of 20 f ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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JOBS Act
The Jumpstart Our Business Startups Act, or JOBS Act, is a law intended to encourage funding of small businesses in the United States by easing many of the country's securities regulations. It passed with bipartisan support, and was signed into law by President Barack Obama on April 5, 2012. Title III, also known as the CROWDFUND Act, has drawn the most public attention because it creates a way for companies to use crowdfunding to issue securities, something that was not previously permitted. Title II went into effect on September 23, 2013. On October 30, 2015, the SEC adopted final rules allowing Title III equity crowdfunding. These rules went into effect on May 16, 2016; this section of the law is known as Regulation CF. Other titles of the Act had previously become effective in the years since the Act's passage. Legislative history Following a decrease in small business activity in the wake of the 2008 financial crisis, Congress considered a number of solutions to help sp ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Accredited Investor
An accredited or sophisticated investor is an investor with a special status under financial regulation laws. The definition of an accredited investor (if any), and the consequences of being classified as such, vary between countries. Generally, accredited investors include high-net-worth individuals, banks, financial institutions, and other large corporations, who have access to complex and higher-risk investments such as venture capital, hedge funds, and angel investments. Laws may require that some types of financial offerings may only be made to accredited investors. Criteria for accreditation Australia s 708(8) of the Corporations Act 2001 is found in Chapter 6D (Fundraising). It defines "sophisticated investor" so as to exclude them from certain disclosure requirements. That section provides for an accountant to issue a certificate stating that an individual meets the criteria prescribed in the ''Corporations Regulations 2001'', namely net assets of at least $2.5 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Social Networking Service
A social networking service (SNS), or social networking site, is a type of online social media platform which people use to build social networks or social relationships with other people who share similar personal or career content, interests, activities, backgrounds or real-life connections. Social networking services vary in format and the number of features. They can incorporate a range of new information and communication tools, operating on desktops and on laptops, on mobile devices such as tablet computers and smartphones. This may feature digital photo/video/sharing and diary entries online (blogging). Online community services are sometimes considered social-network services by developers and users, though in a broader sense, a social-network service usually provides an individual-centered service whereas online community services are groups centered. Generally defined as "websites that facilitate the building of a network of contacts in order to exchange various t ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Real Estate Investment Trust
A real estate investment trust (REIT, pronounced "reet") is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of real estate, including office and apartment buildings, studios, warehouses, hospitals, shopping centers, hotels and commercial forests. Some REITs engage in financing real estate. REITs act as a bridge from financial markets and institutional investors to housing and urban development. They are typically categorized into commercial REITs (C-REITs) and residential REITs (R-REITs), with the latter focusing on housing assets, such as apartments and single-family homes. Most countries' laws governing REITs entitle a real estate company to pay less in corporation tax and capital gains tax. REITs have been criticised as enabling speculation on housing, and reducing housing affordability, without increasing finance for building. REITs can be publicly traded on major exchanges, publicly registered but non-listed, or pr ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Steward (company)
Steward may refer to: Positions or roles * Steward (office), a representative of a monarch * Steward (Methodism), a leader in a congregation and/or district * Steward, one employed in a large household or estate to manage domestic concerns (eg supervision of servants, collection of rents, keeping of accounts) * Communion steward, a position in the local church responsible for the distribution of the Eucharistic elements * Horse show steward * Steward, an official in horse, greyhound racing or car racing * Steward, another term for majordomo * Steward, an older term for a flight attendant * A member of the Steward's Department of a ship, responsible for preparation of food or caring for living quarters * Steward, United States Navy rate prior to 1975, now Culinary Specialist (US Navy) * Union steward, a labor union official, also known as a shop steward * Wine steward or sommelier * Steward, a junior officer of a Masonic Lodge * Kitchen steward, a steward in the kitchen whose ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Goldman Sachs
The Goldman Sachs Group, Inc. ( ) is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered in Lower Manhattan in New York City, with regional headquarters in many international financial centers. Goldman Sachs is the second-largest investment bank in the world by revenue and is ranked 55th on the ''Fortune'' 500 list of the largest United States corporations by total revenue. In the Forbes Global 2000 of 2024, Goldman Sachs ranked 23rd. It is considered a systemically important financial institution by the Financial Stability Board. Goldman Sachs offers services in investment banking (advisory for mergers and acquisitions and restructuring), securities underwriting, prime brokerage, asset management, and wealth management. It is a market maker for many types of financial products and provides clearing and custodian bank services. It operates private-equity funds and hedge funds. It structures complex and ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |