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Post by charles on Jul 18, 2017 8:01:45 GMT
charles, You recently wrote: "We will be offering a number of deals in the coming weeks which I think you will find very attractive from a yield and underlying asset perspective. Kind regards," Charles Anything coming up yet, you can give us an idea about? Hi hoy, we are still awaiting documentation from the principal lenders, which is admittedly taking a little longer than expected. I'm afraid there's very little I can divulge at this point, especially in a public forum such as this, before the deal is signed, sealed and delivered. But I do expect it will be any day now. Apologies for the wait, and thank you again for your patience and support. Regards, Charles
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rs
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Post by rs on Jul 29, 2017 8:49:02 GMT
Hmmm. Let's hope it'll be in the next few weeks and not September.
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Post by charles on Aug 14, 2017 16:54:43 GMT
Reduction of Minimum Investment Amount
Dear Investors,
Since we launched Property Crowd earlier this year, we have had a most encouraging response from crowd investors such as yourself for the institutional grade deals that we have brought to market.
Furthermore, the first three deals we offered on our platform have since been redeemed early, thanks to the underlying borrowers being able to execute on their planned refinancings/exits ahead of schedule. We believe this is a firm testament to the time and effort we expend in screening each of the deals we make available to the crowd, and also vindication of the “quality over quantity” ethos that is at the core of our company’s values.
Another key principle we abide by is listening to our investors, and indeed we have made a number of improvements to Property Crowd over time to reflect feedback received from investors.
It is with that in mind that we are glad to announce the lowering of our investment minimums from £5,000 to approx £1,000, or 10 Bonds, for Standard and well as ISA account investments.
The aim of this decision is to increase accessibility and promote diversification, while making it easier for those who have yet to invest with us to take that first step.
We have a couple of attractive deals in the pipeline, which we will be opening for crowdfunding very shortly, and we hope that this small adjustment to investment minimums will make it easier for investors like you to engage with us on a more robust and regular basis going forward.
As always, we thank you for being a part of our journey toward revolutionising the world of real estate investment, one deal at a time. We appreciate your patience and support as members and investors of Property Crowd, and please do not hesitate to reach out to us should you have any queries.
Yours faithfully
The Property Crowd Team
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Nomad
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Post by Nomad on Aug 14, 2017 20:54:18 GMT
charles , You recently wrote: "We will be offering a number of deals in the coming weeks which I think you will find very attractive from a yield and underlying asset perspective. Kind regards," Charles Anything coming up yet, you can give us an idea about? Email just received -
We are pleased to announce a new bond issue backed by a high quality senior loan available for funding on Property Crowd.
Our Southend Seafront bond offers an annualised yield of 11.35% over a 12-month term, via exposure to a senior loan secured by first charge on a mixed use development asset in Southend-On-Sea.
Planning permission has been granted, allowing the demolition of the existing building and the erection of a building with 23 residential units, ground floor commercial space, and basement car parking. The contemporary design of the scheme makes full use of the seafront location. The Borrower requires the loan to purchase the property.
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david42
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Post by david42 on Aug 14, 2017 21:21:10 GMT
I have created a separate thread here for discussion of this loan. |
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Post by charles on Aug 28, 2017 10:08:01 GMT
Just an update everyone: we're now c.40% funded on the 11.35% Southend bond in a little under two weeks. We've also got a couple more deals in the pipeline with the next one due to be offered on our platform in the coming week or so. Watch this space!  Kind regards, Charles |
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rs
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Post by rs on Sept 7, 2017 9:08:42 GMT
Hi Charles Any idea when the next deal will be offered?
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rs
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Post by rs on Sept 14, 2017 12:21:13 GMT
Hi Charles Any idea when the next deal will be offered? Hi Charles Lets hope your silence is due to PC working hard to get a deal out next week!
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ton27
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Post by ton27 on Sept 17, 2017 20:14:02 GMT
Yes let's hope so - it is extremely hard to get any sort of decent level of investment with diversification. Reducing the minimum investment may attract new money but where is the pipeline?
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Post by charles on Sept 28, 2017 4:10:22 GMT
Hi P2P Forum!
Sincerest apologies for the radio silence, but yes, we have indeed been busy looking for new deals - not just in the UK, but internationally as well (e.g. New York and Singapore) where there are some very interesting and attractive opportunities. We are also investing significant time and effort to build our networks and grow the Property Crowd team, all with the view to creating a truly unique, investment grade offering to our investors.
Admittedly, there have been delays in our UK deal pipeline, and in some cases, due diligence has taken longer than expected due to key information arising in the discovery process. However, as always, we take the view that it is better to be safe than sorry, and we have therefore worked hard to either resolve issues where possible (or choose not to proceed where not possible). We pride ourselves in providing an institutional grade platform and value prudence over haste.
Once again, thank you again to everyone for your patience and support. Our next deal is expected to hit the platform next week (i.e. the first week of October). Watch this space!
Kind regards,
Charles
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ton27
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Post by ton27 on Oct 6, 2017 9:24:27 GMT
Any news?
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averageguy
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Post by averageguy on Oct 7, 2017 20:05:06 GMT
The space I’ve been watching appears to be empty
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Post by charles on Oct 9, 2017 15:57:13 GMT
Dear P2P Forum, We have just released a new bond for crowdfunding today - Luton City Centre - offering a very attractive 13.1% yield. Please take a look on our platform www.PropertyCrowd.com and as always, I'm always here to answer any questions. Thank you again for your patience and support everyone! Regards, Charles |
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Post by 123qweasdzxc on Mar 9, 2018 8:46:21 GMT
Hi Charles
I started some relatively small toe-in-the-water investments last year and like what I see. But the pipeline appears rather dry, are there any new offerings coming in the near future?
Thanks!
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averageguy
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Post by averageguy on Mar 9, 2018 18:05:28 GMT
Hi Charles I started some relatively small toe-in-the-water investments last year and like what I see. But the pipeline appears rather dry, are there any new offerings coming in the near future? Thanks! Seems so
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