GREAT NECK, N.Y., Feb. 23, 2017 /PRNewswire/ -- Sharestates, an online real estate investment marketplace, has been nominated as a LendIt Conference Industry Award finalist for Emerging Real Estate Platform—an award presented to a young and developing company that has demonstrated significant potential to impact the future of real estate investing. The winner will be announced on March 7th at the Edison Ballroom in New York City.
"We would like to thank the committee for acknowledging us as a candidate for this prestigious award. Our ability to deliver on our mission is a product of the comradery displayed by our peers working together to introduce crowdfunding's ability to participate in the global financial marketplace, more specifically in real estate," said Allen Shayanfekr, co-founder and CEO of Sharestates. "This level of recognition validates the hard work that we are putting into growing our brand in this exciting new space. We are confident in our ability to provide investors with solid risk-adjusted returns while giving borrowers financing with precision, speed and ideal pricing."
"The first annual LendIt Awards is a community celebration designed to recognize and bring awareness to the exceptional companies in our industry," said Peter Renton, Chairman and co-founder of the LendIt Conference. "Recognizing young platforms like Sharestates, that have stepped into the fintech space and made a big impact so early on, is part of the LendIt mission. We wish Sharestates and all the nominees the best of luck."
With over 2,400 companies, 100 media partners and 5,000 attendees representing more than 40 countries, the LendIt Conference is the world's biggest show in lending and fintech. Sharestates will be exhibiting at LendIt, offering insights into their online investment platform, real estate investment opportunities, and attractive year-over-year return to investors.
As of December 31, 2016, Sharestates has funded over $275 million in loan volume while returning more than $151 million to investors, with zero loss of principal. Sharestates recently launched a multi-million dollar Series A round with SeedInvest, a leading equity crowdfunding platform for venture capitalists, angel investors and accredited investors.
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. For more information, please visit https://www.sharestates.com.
LendIt is the world's largest event series dedicated to connecting the Fintech and lending community. Our conferences bring together the leading lending platforms, investors, and service providers in our industry for unparalleled educational, networking, and business development opportunities. LendIt hosts three conferences annually: our flagship conference LendIt USA as well as LendIt Europe in London and LendIt China in Shanghai. LendIt USA 2017 will be held in New York from March 6 - 7. Learn more at http://www.lendit.com.
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