On-Book Crowd Funder – a Dichotomy of Characteristics?

George Smith Partners has originated pref-equity for ground-up construction development for a SoCal commercial real estate asset. This crowdfunding lender is funding debt & pref-equity transactions from $1,000,000 to $5,000,000 across the nation. Their ability to close loans stems from the use of their own balance sheet before raising the capital through crowdfunding sources – the loan is fully funded prior to investor review of the opportunity. This pre-funded layer provides a certainty of execution and expedites the crowdfunding process significantly. Focused on value-add and construction, they have the ability to fund senior, mezzanine, and pref-equity on core asset types and will consider senior positions for unentitled land.