By Aldo Svaldi | The Denver Post
Crowdfunding, better known for backing aspiring artists and budding entrepreneurs, is gaining traction in real estate, both nationally and along Colorado’s Front Range.
It’s not Kickstarter — for now, minimum investments for qualified, relatively wealthy investors typically start at $5,000 and can go much higher — but that’s far less than it usually takes to make direct investments in real estate deals.
Broadmark Capital, based in Seattle, oversees a fund that has raised $90 million to lend on real estate deals across the Pacific Northwest. Last spring, it launched the Broadmark Real Estate Lending Fund II to focus on real estate projects in the Mountain West, in particular metro Denver.
