Tag Archives: Donald Trump

AssetAvenue Leverages $10 Billion Track Record to Launch Premium Crowdfunding Platform, Offering Investors Unprecedented Access to A-List Commercial Real Estate Investments

14 Apr

New Equity Crowdfunding Platform Kicks Off by Closing First Deal in Manhattan’s Exclusive Trump Palace Within 48 Hours of Launch

By Robert Hoskins

Los Angeles, CA – Real estate crowdfunding platform AssetAvenue announced the launch of its new invest portal, providing investors with unprecedented access to pre-vetted investment opportunities with best-in-class real estate operators from across the country. The platform will allow operators to utilize new general solicitation rules enacted last fall and legalized by the bipartisan JOBS Act.

New Equity Crowdfunding Platform Kicks Off by Closing First Deal in Manhattan's Exclusive Trump Palace Within 48 Hours of Launch

New Equity Crowdfunding Platform Kicks Off by Closing First Deal in Manhattan’s Exclusive Trump Palace Within 48 Hours of Launch

The company’s first completed deal raised $485,000 from investors in less than 48 hours to acquire a commercial real estate loan backed by office space in the prestigious Trump Palace, the tallest building in New York City’s Upper East Side neighborhood.

The AssetAvenue management team is already leveraging a combined $10 billion in real estate acquisitions experience and deep industry relationships to deliver superior deal strength, which the team sees as its advantage. “Investors care first and foremost about access to the highest quality deals,” said David Manshoory, founder and CEO of AssetAvenue, “and that’s where AssetAvenue stands out. We’re opening access to the kind of opportunities that investors used to only hear about after the biggest players had already snapped them up.”

“Closing our first deal on a property like the Trump Palace — and within 48 hours — is indicative of what we plan to bring to the industry,” said Kevin Arrabaca, president of real estate investments. “Investors in this deal are projected to earn a nine percent annual return, paid on a monthly basis, on a loan that is only 46 percent of the recently appraised property value.”

AssetAvenue’s member base offers real estate operators and sponsors a new and growing source of investor capital to help fund properties. The AssetAvenue team handles all investor distributions, communications and relations, allowing operators to interact with only one intermediary and focus on what they do best.

“Our model is simple: smart money follows great deals,” added Manshoory.

All of AssetAvenue’s pre-vetted deals allow investors to contribute as little as $10,000 per property, allowing investors to diversify their portfolio across multiple assets and earn regular cash flows.

Headquartered in Los Angeles, AssetAvenue is led by commercial real estate industry veterans with a proven track record of raising capital from high net worth and institutional investors, while generating impressive returns in real estate and business. Manshoory is a seasoned entrepreneur with a real estate track record, having previously founded an investor-backed real estate fund that acquired distressed properties in Southern California. Arrabaca has over a decade of real estate and finance experience, having underwritten over 3,000 properties across nearly every asset class while at various firms, including Colony Capital, Lehman Brothers and Houlihan Lokey.

AssetAvenue also counts among its advisors some of the most respected minds in the banking, real estate, technology and crowdfunding industries, including Dr. Richard Swart of UC Berkeley, a founding board member of the Crowdfunding Professional Association. Dr. Swart is a world-renowned crowdfunding researcher who recently authored a major white paper for the World Bank on the potential impact of crowdfunding.

“Crowdfunding has already proven itself in other industries and verticals, such as fundraising for businesses and loans, because of all the benefits it brings to both sides of the marketplace, the sponsors and the investors,” Swart said. “Crowdfunding for real estate breaks down all the traditional barriers to getting involved as an investor and allows sponsors to raise capital more efficiently. Although we are only scratching the surface of what’s possible today, I predict that real estate crowdfunding will become mainstream in the United States in the next 12 to 24 months.”

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Movie Stars, Rock Stars and Celebrities Can Now Use their Star Power for Social Good on CelebrityCrowdfunding.com

14 Aug

Need a Star for Your Next Crowdfunding Campaign? That is One of the Perks for Launching on CelebrityCrowdfunding .com

By Robert HoskinsFront Page Public Relations

CelebrityCrowdfunding.com developed to showcase campaigns for or by celebrities is also offering Complimentary Celebrity-led disaster relief and charity Crowdfunding fundraisers and more. The website is now in the process of raising funds for marketing and promotions.

Crowdfunding is now the “go-to” source for raising capital for Celebrities and those with STAR Status.

Crowdfunding is now the “go-to” source for raising capital for Celebrities and those with STAR Status.

Prior to Crowdfunding and websites like Kickstarter and Indegogo you had to have your own funds or good credit, a job and a business plan if going to a bank for money. Then if approved have to worry about being successful enough to pay back your brand new Company’s brand new debt. With Crowdfunding anyone can raise the funds needed for any idea or cause. Based on the popular growing trend for Celebrities to Crowd Fund, launching the first official “Celebrity Targeted” platform is a great idea.

Celebrities are using their Star Status to their advantage and are Crowdfunding and asking fans to make donations towards their personal ventures or favorite causes. James Franco recently launched an Indegogo campaign to fund three individual films and is seeking 500K. Joining other celebrities to Crowd Fund Kristen Bell, who successful campaign raked in a record-breaking $5.7 million on the Kickstarter campaign for the Veronica Mars movie. Zach Braff also successfully completed a $3M dollar campaign on Kickstarter.com.

FundAnything now features its first celebrity campaign with comedian Adam Carolla who is Crowdfunding his next movie, titled “Road Hard.”

When asked about deciding on which platform to run his Crowdfunding campaign. “It was a no-brainer” said Luis Sevilla, Owner of CelebrityCrowdfunding.com. “ While Fund Anything recently launched only two months ago, it was started by Learning Annex-founder Mr. Bill Zanker and is backed by the rich and famous Mr. Donald Trump. The incentive being that Mr. Trump has promised to promote selected campaigns through his Twitter account. As well as personally contributing to one or more projects that strike his fancy. Since the two portals visions are like-minded I believe FundAnyting is the most obvious portal.”

Despite the fact that the domain name CelebrityCrowdfunding.com is the best-suited name for the Celebrities Crowdfunding on the Internet the website still faces the same challenges of any new start-up. Including being an unknown and the lack of a huge marketing budget.

However the website is counting on its “out-of-box” and “not-to-be-seen” anywhere else in the Crowdfundiing industry content, features and programs to entice and persuade celebrities, fans and backers to visit and make use of the website.

Some of the website’s list of benefits or rewards called perks you will find:

  1. Pay-IT-Forward Program that “Gives Back” To Celebrity Backers!
  2. Complimentary Campaign Summary Reviews and Press Releases
  3. Celebrity “Crowd Booking” Crowd Fund & Book a Celebrity for Your Next Event
  4. Celebrity Campaign Rewards and Incentive Perks
  5. Celebrity Group or Private Chat
  6. Celebrity Cam 2 Cam
  7. Campaigns Built-in Digital Downloads
  8. On-site Celebrity Charity Auctions, Classifieds and more

Only on CelebrityCrowdfunding.com Celebrity Specific Categories:

  • Celebrity Do-Gooder – Celebrities Star Power rallies up fans to donate to their favorite charity or cause.
  • Stop The Violence – Celebrity-led campaigns to raise funds for families of those who have lost their lives behind senseless violence. As well as campaigns to raise awareness and to take actions to stop it.
  • Hope, Prayer and a Celebrity! – Request a celebrity to sponsor your campaigns or make a partial or full donation.
  • Secret Celebrity Fundraiser – Celebrity invite only fundraiser.
  • Celebrity Dare – Celebrities daring Celebrities to do something daring for a cause or for fun

The website is climbing up daily on search engines and the only thing missing America is the funds to spread the word to let celebrities, their fans and others know about it. Hopefully we can all team up together to help make a difference in the world!

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