GREAT NECK, N.Y., April 1, 2020 /PRNewswire/ -- Sharestates CEO announced today that Sharestates, a real estate crowdfunding company, is implementing a "Lifeline Solution" that will help lenders experiencing margin calls with liquidity.
"As one of the visionaries leading the frontier of the Crowdfunding movement, our capital markets team has been working around the clock with local and global peers in an effort to blueprint a forward-moving plan. While we do not know where or when the dust will settle, we do have confidence in the market, as documented in historic trends of activity post-crisis. That history is the DNA of what we have structured for this plan. With our 'Lifeline Solution' we hope to bring much-needed liquidity to those lenders and aggregators who are currently experiencing a liquidity crunch." - Allen Shayanfekr, CEO.
In 2016, the company announced its first institutional partner which marked a huge movement in the crowdfunding industry and with the same focus on forward movement this announcement comes with a focus on launching a product that will aid in the longevity of the private lending space.
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. Its growth can be attributed to a strong leadership team, strict loan acquisition and underwriting practices, its ability to cut the cost of capital for borrowers, and the platform's ease of use for borrowers and investors.
More information is available on the company's website: https://invest.sharestates.com/margin-call-relief-program
Direct Contact:
Michael Ramin
Director of Business Development
[email protected]
SOURCE Sharestates
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