AssetAvenue operates an online peer-to-peer platform that originates bridge and transitional commercial real estate loans across property types including office, industrial, retail, multifamily and non-owner occupied residential. The platform offers bridge financing from $250,000 to $25 million per property and enables accredited and institutional investors to participate with minimum investments as low as $5,000 or via a Whole Loan Program. The company leverages a proprietary technology and lending platform to vet loans and connect borrowers with investors. Founded in December 2013 and based in Los Angeles, AssetAvenue has seen rapid growth since launch. The company plans to use its latest funding to further invest in product and technology development, expand its team with key hires across departments, and ramp up marketing and sales campaigns. AssetAvenue has been recognized by CB Insights as a top lending startup and featured in major media outlets. AssetAvenue operates an online peer-to-peer lending platform that connects accredited and institutional investors with fixed-income loans secured by commercial real estate. The platform sources loan opportunities up to $10 million and accepts individual investments as small as $5,000; it also offers a Whole Loan Program for family offices and institutional investors. AssetAvenue partners with lenders and borrowers and uses a proprietary analytics model to vet each loan opportunity before presenting it to registered members. The company emphasizes institutional-grade underwriting supported by a real estate team with deep experience. Leadership is led by founder and CEO David Manshoory and includes executives with backgrounds at Indiegogo, American Capital Realty, Colony Capital, and other real estate and investment firms. AssetAvenue plans to use its $3 million seed round to accelerate strategic partnerships with lenders, grow its institutional and accredited investor base, and further develop its proprietary lending platform.

Total raised

$14M

Funding rounds

2

Latest round

Series A

Latest activity

Apr 2015