Deal Snapshot
JINTOO ACQUIRES CROWDFUNDING REAL ESTATE PLATFORM REALTYSHARES´ OPERATIONS
Wednesday 15 May 2019

US-based crowd-sourced real estate investment network iintoo has acquired assets of RealtyShares as part of a joint venture that increases iintoo's portfolio size from USD 1.0bn to USD 2.5bn in assets under management, the company said.
RealtyShares is a platform crowdfunding investments in real estate. The purchase catapults iintoo into a better position, enabling more investors to benefit from the company's approach to crowd-sourcing real estate investments, which has yielded 16.63% average annual returns on exited investments.


TKUqg0 http://www.FyLitCl7Pf7kjQdDUOLQOuaxTXbj5iNG.com
Details
Date Published: 15/05/2019
Target: RealtyShares
Country: USA
Sector: Construction/Real Estate
Type: LBO
Financing:
Status: Closed
Vendor:
Buyer: iintoo
Comment:
Terms of the deal were not disclosed

Options