SIOR 2015 WORLD CONFERENCE

Crowdfunding in Commercial Real EstatePRESENTED BY

Mark Burkhart & AJ Chivetta

Equity Crowdfunding

New Opportunity For Online Private Placements

Securities Transactions, not CRE TransactionsCreated by the JOBS Act

Paper Intensive

Private Placement Rules: Reg-D Rule 506(b)

No General Solicitation

No Driving Need for Technology

Old Investment Process

Securities Act1933 2012

JOBS Act

New Rules

Securities Act1933 2012

JOBS Act

Focus is Increased Access to Capital for Start-Ups

General Solicitation of Accredited Investors

Powerful CRE Capital Tool

Makes Online Offering Possible

Transaction Efficiency through Technology

2012 2013 2014 2015

$2,571M

$1,014 M

$396 M$191 M

MassSolutions May, 2015

CRE Crowdfunding Volume Projection

$2.5 B

$1.01 B

$250 B

2020

5 YEARS

Platforms - What to Look For

Manage the Investment Transaction

Efficiently Connect Investors & Sponsors

Effectively Share Information

Facilitate Investor Relations

Different Models: Service - Participant

KEY FEATURES