AssetAvenue
AssetAvenue
AssetAvenue, Inc. offers a lending platform on the internet for real estate investment. This peer-to-peer (P2P) platform of the company connects real estate brokers and borrowers who are looking for funding, with a diverse range of potential investors. It provides institutional and accredited investors with a chance to invest in different types of fixed income products in the retail, office, industrial, multi-family, as well as hospitality property areas. These include bridge loans, discounted payoffs, cash-out refinancing options, lender note purchases, foreign national’s loans, rescue capital loans, as well as special situation funds.
AssetAvenue was founded in December 2013 and is headquartered in Los Angeles in California. A man named David Manshoory is the co-founder and Chief Executive Officer of AssetAvenue. Manshoory has over 10 years of experience in start-ups as well as in real estate investing. AssetAvenue is backed by many venture capital firms which invest in markets outside the United States.
This company also leverages its platform to offer bridge financing, which ranges from 250,000 to 25 million dollars per property. Qualified investors can take part in funding with 5,000 dollars and upwards, or they can fund loans through the “Whole Loan Program” offered by the company.
