Real Estate Investing Through Crowdfunding: What’s New for 2016 and Beyond
Crowdfunding is under the limelight these days as investors find it as an easier means to capitalize on an investment asset that will ensure a higher yield and capital especially in funding real estate projects. It is considered as one of the newest tools in the commercial real estate industry that is rapidly reshaping the process of investing in properties. This drastic change brought numerous benefits for investors, real estate companies and the real estate market as a whole. But along with these benefits are the rise of potential legal risks and challenges that may result to unwanted financial and legal costs. To avoid and mitigate such pitfalls, it is important for investors to cautiously consider the platform they are planning to invest their capital with.
In a two-hour LIVE Webcast, a panel of key thought leaders and professionals assembled by The Knowledge Group will provide the audience with the fundamentals as well as recent updates with regard to Real Estate Investing Through Crowdfunding. The panel will also offer best practices and practicalities on this significant topic.
Key topics include:
- Real Estate Crowdfunding - A Legal Primer
- Consumer and Investor Crowdfunding
- Impact of JOBS Act to Real Estate Crowdfunding
- Impact of Regulation A+ to Crowdfunding
- Advantages and Disadvantages of Real Estate Crowdfunding
- Risk and Legal Obligations
- Rules for Crowdfunding Platforms
- Traditional Rules for Real Estate Investing
Erik P. Weingold, Founder and General Counsel
PPM Lawyers, LLC
- The elements of Rule 506(c) and how to comply;
- The importance of, and what goes into, a PPM;
- How 506(c) is used in conjunction with equity crowdfunding
Darryl Steinhause, Partner
- The relationship between 506(b) and 506 (c) and how it impacts crowd funding.
- How do the broker/dealer rules apply to crowd funding
- Regulation A compared to Regulation D
Charles Kaufman, Esq., Counsel
Homeier & Law, P.C.
- Nuts and bolts of raising capital under Regulation A-Plus – including lessons learned from offerings qualified by SEC during the first six months
- REIT offerings and “shelf” offerings under Regulation A-Plus
- Outlook for retail crowdfunding under Regulation CF
- Crowdfunding distressed real estate
Esuga T. Abaya, Attorney
Pepper Hamilton LLP
- The basics of peer to peer lending
- Basic models for real estate investments through peer to peer lending
- Regulatory issues and risk factors
Who Should Attend:
- Real Estate Investors
- Real Estate Companies
- In-House Counsel
- Crowdfunding Professionals
- Real Estate Agents
- Other related/interested Professionals and Organizations
Darryl Steinhause has more than 30 years of experience in complex securities and tax transactions, representing both sponsors and investors in a range of deal structures. The Daily Journal selected Steinhause as one of the Top 100 Lawyers in California in 2014 for his work with clients looking to invest in new online real estate platforms. Steinhause was one of the first in his field to recognize the implications of the 2012 JOBS Act which amended Rule 506 of Regulation D of the Securities Act of 1933, and has been advising clients on both the potential and the complications of such platforms. Steinhause has been recognized as an industry expert at the forefront of this exciting new area of opportunity, and has spoken on the subject of crowdfunding at numerous conferences since the Rule changed in 2012.
Darryl Steinhause has more than 30 years of experience in complex securities and tax transactions, representing both sponsors and investors …
Esuga T. Abaya is an attorney with Pepper Hamilton LLP, resident in the Philadelphia office. He is a member of the firm’s Corporate and Securities Practice Group, with experience in a variety of transactions and corporate finance matters, including experience in the peer-to-peer lending space.
The following are representative of the types of clients and transactions for which Mr. Abaya has provided assistance: a global manufacturer of light and heavy machinery controls in its strategic, a publicly traded manufacturer of windows and doors in its acquisition of a leading competitor, a newspaper software company in its sale to a global private equity firm, a publicly traded technology company in its sale of a subsidiary, a start-up venture in the advertising technology space in its strategic sale to a publicly traded entertainment technology company, a Connecticut-based private equity firm in its acquisition of a padlock manufacturer, a global financial services firm in its acquisition of a national mortgage lender and servicing company, an outsourcing consulting firm in a private placement of preferred stock, corporate restructuring and financing counsel to several start-up ventures in the emerging growth technology and peer-to-peer lending spaces.
Esuga T. Abaya is an attorney with Pepper Hamilton LLP, resident in the Philadelphia office. He is a member of …
Charles Kaufman, Counsel at Homeier & Law P.C., has been advising growing companies and their leaders for over 20 years. In private law firms and as general counsel of a public company he has helped his clients to create, finance, govern, combine and exit their businesses, and to form strategic alliances, across a broad range of industries, including medical devices, healthcare, software, nanotechnology, film and music production, garment manufacturing, retailing, real estate investment and semiconductors. Charles advises early stage companies on obtaining both debt and equity capital from angel and venture capital investors, as well as expanded opportunities under Regulation 506(c), Regulation “A Plus” and the soon-to-be effective crowdfunding rules of the JOBS Act. He has extensive experience advising public companies on securities regulation and compliance and advising both new and established companies in public and private securities offerings during a period of rapid change in the financial and regulatory landscape, from the still-emerging JOBS Act to Dodd-Frank and Sarbanes-Oxley. An active member of Homeier & Law’s prominent EB-5 practice, Charles has advised numerous companies in raising capital under the program. As EB-5 transactions have become part of the financial mainstream, but also come under unprecedented scrutiny, clients have sought out his combined expertise in U.S. securities laws and regulations and in the specialized demands of EB-5 financing. Charles earned both his J.D. and B.A. degrees at the University of California at Los Angeles. He is a member of the State Bar of California and serves on the editorial board of its International Law Journal.
Charles Kaufman, Counsel at Homeier & Law P.C., has been advising growing companies and their leaders for over 20 years. …
Erik P. Weingold is an entrepreneur and corporate securities lawyer with over 20 years experience. Since 1998, he has been guiding companies through offerings that are exempt from state and federal registration requirements as well as drafting PPMs that have been used to raise millions upon millions of dollars for startup companies and small businesses.
Erik’s experience includes representing startup companies on federal securities laws and regulations, PPM structuring and preparation, private placements, and crowdfunding, as well as general commercial and corporate matters. He has successfully shepherded scores of entrepreneurial ventures through the complexities of their fund raising efforts. Erik is the founder and General Counsel of PPM LAWYERS.
Erik P. Weingold is an entrepreneur and corporate securities lawyer with over 20 years experience. Since 1998, he has been …
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About DLA Piper
The Real Estate Capital Markets group of DLA Piper builds creative solutions for your business needs. Our interdisciplinary approach ensures the involvement of skilled practitioners to address the complexities of real estate securities. Our group's experience acting as lead counsel on fund, REIT, DST, TIC and debt offerings, gives our clients an edge in capital markets transactions.
About Pepper Hamilton LLP
Pepper Hamilton LLP is a multi-practice law firm with more than 500 lawyers nationally. The form provides corporate, litigation and regulatory legal services to leading business, governmental entities, nonprofit organizations and individuals throughout the nation and the world. The firm has grown from a two-person law offices formed in 1890 in Philadelphia to a sophisticated, large law firm with a national and international practice. While much about Pepper Hamilton is new and different from its beginnings, it retains traditional values passed down through the decades: respect for the rule of law, pride in an excellent work product and commitment to the client’s cause. Today, Pepper Hamilton is a diverse firm of men and women from a broad spectrum of backgrounds, united in these values.
About Homeier & Law, P.C.
Homeier & Law, P.C. was launched by lawyers who wanted to build a better law firm for its clients. Our firm is built on the principles of legal excellence and providing practical advice geared toward achieving desired results. This allows us to make a distinctive and substantial impact for our clients. We see clients as our partners and truly understand that their success is our success. We are truly immersed deeply in the crowdfunding world. Not only do our attorneys provide legal advice to crowdfunding companies, but some of us have participated in lobbying efforts, launched our own crowdfunding businesses, or invested in crowdfunded deals ourselves. Our crowdfunding practice combines sophisticated legal knowledge and practical business experience with prices perfect for companies that need good legal work but don’t want to conduct a capital raise just to pay for their legal bills.
About PPM LAWYERS
PPM LAWYERS represents early and development stage startup companies. Its mission is to provide clients with the most professional private placement memorandum (PPM) and legal support available, while helping them navigate the complex securities laws governing their private placement and crowdfunding efforts.