iFunding Raises Largest Loan, $3.2 Million for Property in Asbury Park, NJ

New York, NY, August 25, 2015 (Newswire.com) - iFunding is an online real estate crowdfunding site. Recently, they raised $3.2M, their largest deal, in just days of listing the new development project in the Asbury Park, NJ. The capital was raised for the 76-unit multifamily rental property and offered to investors across the nation.

Investors were offered a buy in on the senior debt investment and seasoned sponsors that have financed over $10 billion in real estate investments over the past 25 years.

“We are excited to have offered such a large investment. This project is a milestone, being the largest loan we have ever funded, and with such a great developer, “ William Skelley, CEO and Founder states, “iFunding strives to deliver the best deals with the best sponsors, and this loan was a testimant to our goals. It’s exciting to see our investors grow with our platform.”

iFunding, a top real estate crowdfunding platform, has over 7,000 registered investors with a national reach. The company oversees deals throughout their lifespan, providing extensive information and transparency to give investors insight and oversight into their investments. Since they started in 2012, they have continued to grow each year providing millions of dollars of investments per month to their investors.

About iFunding
iFunding is a leading real estate crowdfunding platform, facilitating debt and preferred equity fundraising for properties range from multi-family residences and condominium estates, to apartment towers, hotels and resorts, single-family homes, retail locations, malls, offices, mixed-use buildings, and more. iFunding provides opportunities for accredited investors to invest in institutional-quality real estate deals, with a minimum investment of just $5,000. It also generates financing for multi-project funds, and partners with family offices to co-fund opportunities with its individual investors. We offer flexible financing terms to real estate developers. Visit http://www.ifunding.co for more information, or connect with us on LinkedIn at http://www.linkedin.com/company/innovational-funding, on Facebook at http://www.facebook.com/iFunding , or via @inno_funding on Twitter. The phone number for investor and operator inquiries is 844-367-4386.

iFunding Contact:
Paula DeLaurentis
Marketing
844-367-4386 ext.3
press@innovationalfunding.com