Draft:EquityMultiple
| Submission declined on 15 November 2024 by AlphaBetaGamma (talk). G5.
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| Submission declined on 10 September 2024 by Utopes (talk). This submission appears to read more like an advertisement than an entry in an encyclopedia. Encyclopedia articles need to be written from a neutral point of view, and should refer to a range of independent, reliable, published sources, not just to materials produced by the creator of the subject being discussed. This is important so that the article can meet Wikipedia's verifiability policy and the notability of the subject can be established. If you still feel that this subject is worthy of inclusion in Wikipedia, please rewrite your submission to comply with these policies. Declined by Utopes 2 months ago. | |
EquityMultiple
[edit]EquityMultiple is a United States-based real estate investment company offering commercial real estate investments to accredited investors through an online crowdfunding platform. Founded in 2015, the company is headquartered in Manhattan, New York City.[1]
History
[edit]EquityMultiple was established in 2015 by Charles Clinton, a former real estate attorney at Simpson Thacher & Bartlett, and Marious Sjulsen, who worked in the private equity field.[2][3]
In 2018, EquityMultiple secured venture funding from a group of real estate and finance professionals, including Kenneth Pasternak, co-founder of Knight Capital Group.[4] The same year, the company partnered with real estate developer Youngwoo & Associates to launch an investment fund dedicated to Opportunity Zone investments.[5][6]
In 2021, EquityMultiple reported closing $115 million in new investments.[7] In 2022, EquityMultiple received an investment from Larson Capital Management.[8] That year, the company transitioned from Regulation D 506(b) to 506(c) under U.S. Securities and Exchange Commission regulations.[9]
In 2023, EquityMultiple formed a partnership with Marcus & Millichap, a commercial real estate brokerage firm.[10][11][12][13][14] In January 2024, Marcus & Millichap made an equity investment in EquityMultiple.[15] The partnership also coincided with the formation of EquityMultiple Investment Partners (EMIP), focusing on the supply side of the platform.[16]
Business model and services
[edit]EquityMultiple operates an online platform open exclusively to accredited investors. The platform's investment offerings include single-property investments, funds, and short-term notes backed by real estate.[9]
EquityMultiple Investment Partners (EMIP)
[edit]EquityMultiple Investment Partners (EMIP) is a subsidiary of EquityMultiple originating private equity and private credit investments for middle-market commercial real estate sponsors and developers, which are then offered on the EquityMultiple platform.[17][18]
Corporate affairs
[edit]Charles Clinton serves as the CEO of EquityMultiple.[1] The company employs an investment team responsible for conducting due diligence on potential investments.[1]
References
[edit]- ^ a b c "EquityMultiple: An Interview with CEO Charles Clinton". Physician on FIRE. 2021. Retrieved 2024-09-03.
- ^ "Marious Sjulsen - Co-Founder & CIO - EquityMultiple". LinkedIn. Retrieved 2024-09-03.
- ^ "Marious Sjulsen". Connect Conferences. Retrieved 2024-09-03.
- ^ "EquityMultiple". MoneyMade. 2024. Retrieved 2024-09-03.
- ^ Rothstein, Matthew (2018). "Youngwoo, EquityMultiple To Raise $500M To Invest In Opportunity Zones Across The U.S." Bisnow. Retrieved 2024-09-03.
- ^ Small, Eddie (2018). "Youngwoo, EquityMultiple plan to launch $500M national opportunity zone fund". TheRealDeal. Retrieved 2024-09-03.
- ^ Banister, Jon (2024). "The Music Has Stopped For Once-Booming Real Estate Crowdfunding Platforms". Bisnow. Retrieved 2024-09-03.
- ^ "Larson Capital Management". CB Insights. 2024. Retrieved 2024-09-03.
- ^ a b "EquityMultiple Review 2023: Exclusive Commercial Real Estate Deals". Retire Before Dad. 2023. Retrieved 2024-09-03.
- ^ "Marcus & Millichap Enters Strategic Partnership with EquityMultiple". Business Wire. 2023-05-10. Retrieved 2024-09-03.
- ^ "EquityMultiple Partners with Marcus & Millichap to Deliver Best Real Estate Investment Products". Accesswire. 2023-11-22. Retrieved 2024-09-03.
- ^ Mills, Taylor (2024). "Marcus & Millichap Invests in Tech Platform". San Fernando Valley Business Journal. Retrieved 2024-09-03.
- ^ Sherman, Erik (2024). "Big CRE Firms Keep Investing in Proptech Companies". GlobeSt. Retrieved 2024-09-03.
- ^ Shaffer, Brynn (2024). "Marcus & Millichap Gets Proptech Right". San Fernando Valley Business Journal. Retrieved 2024-09-03.
- ^ Shaffer, Brynn (2024). "Marcus & Millichap Gets Proptech Right". San Fernando Valley Business Journal. Retrieved 2024-09-03.
- ^ "Marcus & Millichap Partners with EquityMultiple/EMIP". EM Investment Partners. 2023. Retrieved 2024-09-03.
- ^ "EM Investment Partners". EM Investment Partners. 2023. Retrieved 2024-09-03.
- ^ "Crowdfunding". Marcus & Millichap. 2023. Retrieved 2024-09-03.