Sharestates Launches Auto-Invest Tool for Highly-Tailored Investments While Surpassing $500M in Loan Originations

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Jun 07, 2017, 09:00 ET

GREAT NECK, N.Y., June 7, 2017 /PRNewswire/ -- Sharestates, an online real estate investment marketplace, announced today the launch of its new Auto-Invest tool, a feature that will maximize the investor's chances of investing in the platform's highly sought after real estate debt opportunities. The new feature will allow investors to choose from multiple strategies, including a custom investment strategy that includes 12 underwriting filters to choose from. The launch of this new tool coincides with the company reaching a major milestone of $500 million in loan volume.

With the Auto-Invest tool, the investor will have the ability to increase the frequency at which their funds are deployed. These automatic investments will give the investor a better chance of eliminating "cash drag," which occurs when the investor does not have a chance to log in, review the new loan and manually make their investment before the loan sells-out.

"The Auto-Invest feature will help increase efficiencies for investors as they grow their real estate portfolios," said Sharestates CEO Allen Shayanfekr. "This new feature will alleviate the fear of missing out on real estate loans, while expediting the investment process and eliminating the constant scrolling and searching for the right property. We credit our $500 million milestone to our ability to originate high quality loans and constantly integrating new tools that make investing with us secure and reliable. This allows our investors to invest with peace of mind, especially as they continue to increase their portfolio size in our platform."

The interface provides a user-friendly and client-focused tool, making investing in real estate loans hassle-free. Additionally, after every auto-invest transaction, the investor will receive a confirmation email with loan and investment details, where they will then have a 24-hour window to opt out or increase participation.

In order to tailor the best possible loan selection for each individual, Sharestates uses a multitude of adjustable measurements for each investor to meet their investment goals. These measurements include; investment totals per loan, maximum investment frequency and limit, interest rate requirements, risk ratings, property types and more.

Sharestates continues to outperform the online real estate lending industry with originations exceeding $500 million since inception in 2014. Current run rates have Sharestates exceeding $1 billion in total originations before the end of 2017, with current monthly totals hovering around $60 million. Sharestates has funded more than 520 individual loans, providing an average return on investment of 10.62%.

For more information, please visit https://www.sharestates.com or contact Michael Kim, Director of Private Client Relations at (212) 201-0750.

About Sharestates

Sharestates is a real estate investment marketplace that allows individual and institutional investors to participate in rigorously vetted debt offerings. All of the offerings on Sharestates' platform have passed through a 34-point underwriting process. Founded by Allen Shayanfekr and real estate veterans, Radni Davoodi and Raymond Y. Davoodi of the Atlantis Organization, Sharestates has combined proprietary technology with a proven track record of business development expertise to become the fastest growing real estate crowdfunding marketplace, doubling every year since its 2015 launch.

SOURCE Sharestates