Podcast: Raise more capital using the power of data

Howdy GowerCrowders! I’ve got quite a bit of new news for you today, including a new build-to-rent Opportunity Zone project in Raleigh, NC, and two luxury ground-up apartment complexes from Sterling Rhino.

I’ve also got a look at why RealtyMogul believes RM Adviser’s most recent pref equity addition to their Apartment REIT makes sense, an April flash call with Crowdstreet CIO Ian Formigle, our exclusive Week 15 SEC Filing Data, and a look at the very latest episode of the GowerCrowd Podcast. 

In this week’s episode, I speak with Chris Mercer of Measurement Marketing– it’s a can’t miss conversation for anyone interested in marketing their projects better- whether you’re a sponsor or business owner.

Let’s get into it.

New Crowdfunding Platform Deals

Crowdstreet is holding a webinar for a new offering, Hudson at Georgia’s Landing, by Hudson Capital. This project is an Opportunity Zone build-to-rent development in Raleigh, NC with a substantial 44% sponsor co-investment. The webinar is taking place at 10AM PST on April 24th, and will include a 30-minute Q&A session for investors. Register for the webinar on Crowdstreet, here.

General Crowdfunding Industry News

Challenging macroeconomic environments have the potential to open up new and lucrative opportunities for investors. This philosophy is shared by the current manager of Crowdstreet’s multifamily apartment growth REIT, RM Adviser, which is also a RealtyMogul associate. 

With this in mind, the company recently shared the news that the RM Apartment Growth REIT recently added its 2nd pref equity investment to the portfolio, Restoration on Candlewood, a 328-unit Class B apartment community in Oklahoma City, OK. Learn more about this addition- and the RM Adviser Apartment REIT strategy on RealtyMogul, here.

Crowdfunding Platform Updates

In a similar vein, Crowdstreet is hosting a flash call with CIO Ian Formigle, which includes timely updates on current market conditions. The entire industry is in a state of flux, and the best source is always a primary source. 

Formigle’s position and experience offers an eagle’s eye look at the regulation CF markets, as well as the broader real estate markets- so if you’re at all worried about the state of CRE in 2023, tune into the call. It starts on April 20, 2023 at 11AM PST. You can register for the flash call directly on Crowdstreet, here.

SEC Filings Graphs

We saw a drop in both the total number of Reg D (b) deals and Reg D (c) deals from Week 14 of this year to Week 15. The total number of deals came in at 28 this week, compared to 29 last week. While we saw $0.75 billion raised in Week 14, that number dropped to $0.54 billion in Week 15. 

Texas supplanted California for most number of deals with 7 this week, compared to 4 for Texas last week, while Arizona knocked California out of the top spot for dollars raised, coming in at $0.10 billion this week, compared to $0.09 billion for California. Get more details on the state of reg CF in Week 15 with this exclusive SEC Filing data you can only find here at GowerCrowd.

Multimedia Links (Videos, Podcasts, etc.)

Let’s finish things off with a look at my latest podcast. I had the pleasure of speaking with Chris “Mercer” Mercer, the capital raise data analytics guru. In this week’s episode, we cover practical and immediately actionable knowledge that you can use to leverage the power of data to increase capital raises for your real estate syndications. 

From setting up your first Google Analytics account, how to implement tracking systems, and everything else you need to raise more capital- including identifying your hottest prospects and acting on that knowledge. If you’re interested in doing more with your data, head over to GowerCrowd to listen to my most recent podcast with Chris Mercer of Measurement Marketing.

That’s it for now- but I’ll see you soon with even more real estate crowdfunding news, new deals, platform updates, podcasts, and more! Until then!