Real estate financing as we know it today will cease to exist. In fact, this disappearance has already begun. Banks are no longer interested in lending money, taking a high risk to have very low margins. And when they provide it, the required pre-sales already reach 80%, so the promoters risk assuming the extra costs in case of any modification in the project because they hardly have space to negotiate.
But it is not all bad news: at icrowdhouse we are aware of this reality and we have been working for years on how to improve the real estate sector through technology. Our experience in real estate together with our knowledge and passion for innovation gave rise to a Saas, a technological tool to connect developers with their investors.
This tool is an IRM (Investor Relationship Management), which is a technological solution for promoters to create their private investment club with which they can interact electronically, with all the information on projects at their disposal and from which they can Obtain recurring alternative financing, to stop depending on banks and with which they will be able to obtain higher margins. In addition, this same technology allows developers who wish to publicly access the icrowdhouse community, where they will find an ocean of retail investment that is yet to be exploited.
Therefore, we started this series of publications: # CapsuleIRM. It will be a set of posts that will revolve around three main ideas:
- The background of the lack of funding.
- Explain the reasons why it is necessary to create an investment club.
- The steps to follow to form this club.
Our objective is to bring professionals in the real estate sector closer to the alternative financing possibilities offered by icrowdhouse with its IRM, the first investor manager in Europe for real estate and which is presented as a technological solution to replace that bank financing that is already disappearing. It is time for promoters to modify their strategy to attract financing, because if it is not done already, it will be too late.
Throughout 8 entries you will discover how to travel this path ... Shall we start?
- What difficulties do developers find in accessing bank financing?
- Retail investment, a blue ocean yet to be exploited
- Alternative financing, the solution to boost the real estate sector
- The investor club: the best tool for promoters to get investment
Why create your own investment club
How to create your investment club