Crowdfunding in Real Estate #2
Today I attended a seminar conducted by a company that runs a crowdfunding platform with respect to real estate. In the seminar, the company's CEO introduced some cases they have handled so far.
One of the cases is a project regarding a daycare center. In Japan, most of the residents in urban areas are struggling to find daycare centers where they can put their children due to the lack of
centers.
However, a small organization in Tokyo
used crowdfunding to
raise the capital required to purchase a land for a daycare center. Surprisingly, the organization
achieved its target figure
of 100 million yen (almost a million dollars)
in only ten days.
Generally speaking, ordinary people seem not to get into real estate investment. However, the above case shows that real estate crowdfunding is marketable and has potential to develop.
I used "centers" instead of "them", because it read as if there was a lack of children. :)
That's interesting. I was talking to a Japanese friend a while ago about buying property in Japan, and she mentioned investing in hotels via crowdfunding.
Your English is very good by the way!
