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The best source for news and information about crowdfunding for good.

Crowdfunding for Social Good

Devin D. Thorpe

Devin Thorpe

Monthly Archives: December 2015

Funding Circle Partners with U.S. Department of Commerce’s MBDA

Helps minority businesses access affordable growth capital

To help minority-owned small businesses navigate the evolving lending landscape and secure the right financing they need to grow, Funding Circle, the world’s leading marketplace for business financing, has partnered with the Minority Business Development Agency (MBDA), a bureau of the U.S. Department of Commerce.

Through the partnership, Funding Circle’s small business experts will deliver a range of original financial education programs to minority business owners through MBDA’s national business center network. The materials will focus on access to alternative capital, business strategy and every business owner’s right to fair and transparent financing, as outlined in the Small Business Borrowers’ Bill of Rights.

“The success of minority-owned businesses is vital to a strong and sustainable U.S. economy, but too many of these great entrepreneurs simply don’t have access to affordable growth capital from traditional lenders,” said Sam Hodges, co-founder and US managing director of Funding Circle. “We believe small businesses deserve better and are proud to partner with the MBDA to help minority business owners understand their options and secure the financing they need to grow.”

There are eight million minority-owned business in the United States,* and according to the MBDA, access to capital is the single most important factor limiting their establishment, expansion and growth.

“This incredible achievement demonstrates the power of public/private partnerships,” said Alejandra Y. Castillo, MBDA national director. “New financing options, delivered through marketplace lenders like Funding Circle, have the potential to level the playing field for the nation’s minority entrepreneurs and business owners because lack of financing is the biggest obstacle they face.”

Through the Funding Circle marketplace, businesses looking to borrow up to $500,0000 are matched with accredited individual and institutional investors. By bringing together industry leading risk management and cutting edge technology, Funding Circle’s proven marketplace model enables businesses to access affordable term loans with rates as low as 5.49% in under 10 days, compared to months with a bank.

About Funding Circle

Funding Circle ( is the world’s leading online marketplace for business loans, matching small businesses who want to borrow with investors who want to lend in the UK, the US and Europe. Since launching in 2010, globally investors at Funding Circle – including 43,000 individuals, financial institutions and even the UK Government – have invested $1.5 billion in 12,000 businesses. Funding Circle has raised $273m in equity capital from many of the same investors that backed Facebook, Twitter, Airbnb and Wealthfront.

About the MBDA

MBDA ( is the only Federal Government agency dedicated to the growth and global competitiveness of U.S. minority-owned businesses. Its programs and services better equip minority-owned firms to create jobs, build scale and capacity, increase revenues and expand regionally, nationally and internationally. Services are provided through a network of MBDA Business Centers.


Springboard Launches Unique Equity Crowdfunding Platform – Healthcare Investing Made Simple

Springboard Equity is on a mission to democratize healthcare investing with equity crowdfunding …

FOOTHILL RANCH, CaliforniaSpringboard Equity, Inc, has announced the launch of their equity crowdfunding platform that makes healthcare investing simple. The company is dedicated exclusively to the healthcare industry with the mission of bringing capital to vetted, high potential early-stage companies. Springboard engages the investor community beyond just having access to top deal-flow, through their partnership with Health Effect: advancing innovation connecting medical innovators with healthcare influencers. Many varied industries comprise the Healthcare sector. These include: Medical Device, Digital Health, Biotech, Health IT, Mobile and Diagnostics and others. A multitude of variables affect investments in this sector, which typically makes healthcare investing a challenging industry to navigate. Springboard’s team and partners have a deep history in many facets of the Healthcare Industry, and thus they are constantly reviewing new issuing companies and able to selectively identify those that are best suited as a good investment opportunity. Springboard Equity’s industry knowledge, network, and strategic vetting methodology makes the platform ideal for Investors to easily identify good opportunities with strong ROI potential, and an opportunity for them to participate in the growing knowledge of those companies to support their success.

Springboard Equity’s founder and CEO, Lyle Martin, has extensive executive healthcare experience with large companies the likes of Allergan and AstraZeneca, plus executive experience driving successful healthcare startups as well. During a recent interview, he said: “Here lies a serious challenge, and a tremendous amount of opportunity – to improve the health of humanity, and lowering the cost of healthcare through advances in technology, and sharing the financial reward in the process of doing-so. We believe in Conscious Capitalism: Making a positive impact in the health of people, and our economy.”

According to the company, since 2009, the average Investor Rate of Return in healthcare has been ~21% providing the rationale behind why the total dollars invested in Healthcare by US-based Venture Capital groups have increased 228% from 2013 to 2014. From Seed to Series rounds, selected participants of Springboard Equity become connected to a Healthcare Ecosystem, comprised of investors, clinicians, technical experts, peers, healthcare companies and professionals, and strategic buyers in healthcare markets around the world.

Per Martin: “The securities industry is fundamentally all about two sides of the same coin: raising money and investing money. Springboard makes both simple..”

To celebrate their launch, Springboard is sharing a free 1 page report: 6 Reasons Healthcare Investing is Hot. Click here to get a copy.

For complete information, please visit: Springboard Equity’s website

Lightlife Continues To Give Back 5% Through Renewed Partnership With Wholesome Wave

Lightlife’s commitment to supporting the National Nutrition Incentive Network makes fresh produce more affordable and accessible

TURNERS FALLS, Mass., Dec. 1, 2015 /PRNewswire/ — In honor of Giving Tuesday, Lightlife, a pioneer in plant protein and vegetarian eating, is proud to announce its continued support of Wholesome Wave, an organization working to inspire underserved consumers to make healthier food choices by increasing affordable access to healthy, locally and regionally grown foods. For the second consecutive year, Lightlife will help fund Wholesome Wave’s National Nutrition Incentive Network (NNIN), a nutrition incentive program operated at farmers markets across the country providing low-income consumers with a monetary incentive when they spend their federal nutrition benefits on fresh produce.

The category leader in refrigerated meat alternatives and tempeh in the U.S., Lightlife provides a variety of delicious plant based options for all diets and is pleased to align with an organization that celebrates and elevates the value of plants in the American diet.

“Since the brand’s inception in 1979, it has been at the core of our mission to give back 5% of annual profits to the local community and support organizations that share our values for maintaining a healthy planet with healthy lifestyles,” said Brad Lahrman, Director of Marketing at Lightlife. “Wholesome Wave has been a fantastic partner and is allowing Lightlife an opportunity to make a significant change in the eating habits of families while also generating revenue for small and mid-sized farms. It’s an incredibly rewarding partnership for our brand.”

“We couldn’t be happier to have Lightlife’s support for another year,” said Michel Nischan, James Beard Award Winning Chef and Wholesome Wave Founder and CEO. “The brand’s contributions have provided thousands of families’ access to affordable, fresh fruits and vegetables, allowing for tremendous improvement in their diets and overall health.”

Lightlife has long been committed to supporting organizations that benefit the planet and encourage healthier lifestyles, especially in its own backyard in Turners Falls, MA. In Massachusetts alone, Wholesome Wave works with 35 farmers markets as participants of the National Nutrition Incentive Network; 24 are in the greater Boston area with the remaining 11 in Springfield, Dorchester, Lawrence, Lincoln, North Adams, Somerville, Orleans and Holyoke.

With recent recommendations for consumers to eliminate or reduce meat consumption, along with potential health risks reported by the World Health Organization, vegetarian products are finding their way into more grocery carts. For those looking to incorporate more plant protein into their diets, home recipes like Hearty Vegetarian Chili or Coconut Curry Tempeh with Rice are ideal.

Lightlife products can be found in the produce or dairy section of grocery and natural food stores nationwide. To learn more about Lightlife, its mission and its products visit or visit its social media channels at, and To learn more about Wholesome Wave, visit,, and

About Lightlife

A pioneer in plant proteins, Lightlife was founded in Western Massachusetts in 1979 with a passion for creating great tasting vegetarian food. Over the years, the brand has grown by sticking to its roots emphasizing quality and care in everything it makes, and giving 5% of its profits back to organizations that support a healthier “you” and a healthier planet. Today, Lightlife strives to make plant-based eating more accessible, delicious and easy with a variety of products for all diets. Lightlife believes that plant based foods are not simply meat substitutes, they are meat, meat made from plants. Meat Without the Middleman™. To learn more about Lightlife, visit or visit its social media channels at, and

About Wholesome Wave

Wholesome Wave is a 501(c)(3) nonprofit that strives to create a vibrant, just, and sustainable food system for everyone. By making fresh, locally and regionally grown foods more affordable and accessible, we enable underserved consumers to make healthier food choices. With presence in 37 states and DC, Wholesome Wave’s innovative initiatives are improving health outcomes among low-income populations, generating additional revenue for small and mid-sized farms and bolstering local and regional economies. To learn more about Wholesome Wave visit or visit its social media channels at,, and

New Crowdfunding Technology To Ease Quest For Investors

SANTA MONICA, Calif., Nov. 30, 2015 /PRNewswire/Krowdster – a big data powered web app for crowdfunding campaign optimization and promotion – announced the addition of two new features to make it easier for crowdfunders to find targeted influencers and trending content in their industries.

“Building a targeted, engaged audience on social media and identifying the right influencers and outlets to pitch to, are at the core of every successful crowdfunding marketing strategy…

…This used to be a tedious and expensive process, but fortunately something that Krowdster now provides a data driven solution for,” said Josef Holm, founder of Krowdster.

Like with Crowd Builder ( A recently launched and fully managed solution to gain genuine followers on Twitter; Krowdster is again using data powered technology to solve some of the biggest hurdles crowdfunders are facing today.

Influencer Search ( A powerful keyword search to discover influencers, journalists and bloggers in any niche, who have a following and who can help to get exposure for your crowdfunding campaign. This tool is best used long before launch to build rapport with the people in your space who can get the word out and propel your campaign forward.

Trending Content ( An easy way to discover blogs and news sites with trending content in any crowdfunding niche. Input search terms relevant to your campaign and discover content that is going viral on Facebook, Twitter, LinkedIn, Pinterest and Google. This information can be used to build targeted media lists of the blogs and news sites that are writing about similar topics.

Both of the new tools work for all donations or rewards crowdfunding campaigns as well as the newly approved equity crowdfunding types “Regulation A+” and “Title III” of the JOBS Act.

About Krowdster

Founded in 2014 by tech entrepreneur Josef Holm, Krowdster’s mission has been to use technology to help crowdfunders become more successful without breaking the bank. To date more than 15,000 crowdfunders have raised tens of millions of dollars using Krowdster to optimize and promote their crowdfunding campaigns on Kickstarter, Indiegogo, GoFundme, Tubestart and dozens of other crowdfunding platforms.

Mahindra North America & Milaap USA Support Seed The Rise Campaign To Assist Farmers In India

HOUSTON, TX (November 30, 2015)Mahindra North America and Milaap USA are working in conjunction with Mahindra & Mahindra and Milaap India to support fundraising efforts to provide relief for struggling farmers and their families in India through Seed The Rise. This international crowd funding campaign is an initiative of Mahindra & Mahindra and Milaap India to raise US$600,000 for five unique programs in India with Mahindra & Mahindra providing a 100 percent matching donation. Each program provides assistance to farmers from a different angle; this multi-pronged approach provides support directly to each organization, which can then focus on solutions based on its area of expertise.

The projects supported by provide long term solutions to the challenges and uncertainties farmers in India face due to uncooperative weather conditions, unstable crop trends and prices, and poor access to basic human needs such as education, sanitation and water. This initiative has been successfully received in India, with Bollywood Actor Nawazuddin Siddhiqui serving as the ambassador for the cause, and endorsements from star Indian athletes Sachin Tendulkar, Mahesh Bhupati and Saina Nehwal.



“It is a privilege to support Mahindra & Mahindra in this important community outreach which is an important tenant to our corporate Rise philosophy to drive positive change. Creating synergy between private crowd funding and matching corporate donations and taking it to an international level creates an energy that maximizes the impact we can have for these farmers struggling through adversity,” said Cleo Franklin, Vice President of Marketing and Strategic Planning, Mahindra North America.

“Milaap USA is pleased to partner with Mahindra North America in a symbiotic effort to combat real challenges farming communities in India face. #SeedtheRise promotes an innovative and digital platform for communities in America to improve lives of rural communities in India. Our joint initiative focuses on a long-term solution for farmers and their families through five initiatives, ranging from income generating cultivation, accessible information through technology, and education for their children. Even basic human needs such as water and hygienic sanitation facilities are provided. Under-resourced communities do not want pity; they want our partnership. Which is why #SeedtheRise is a call to action to lift up those who truly put food on our tables,” said Paulomi Patel, Director of Strategy & Development, Milaap USA.

Mahindra North America is working in cooperation with Milaap USA to raise awareness and funds in North America for this Rise initiative. All donations in U.S. dollars are tax-exempt through Milaap USA, whose mission is to support innovative grassroots programs in India using technology for social change. Donations are accepted through until December 7th, 2015. Funds are sent directly to the NGO of the donor’s choice: Naandi Foundation, Swades Foundation, Digital Green or Nanhi Kali.

To learn more about the Seed the Rise campaign, please visit

CREW New York Celebrates Breakout Year, Donates $50,000 to WIN on Giving Tuesday

New York City’s largest professional organization for women in commercial real estate hosts luncheon to celebrate a successful inaugural year

New York, NY – (December 3, 2015) – New York City’s largest professional organization for women in commercial real estate, CREW New York, hosted a festive holiday luncheon on December 1. CREW members and fellow real estate professionals came together to celebrate CREW New York’s inaugural year along with those who have made it an overwhelming success.

“This year was an incredible year for CREW New York. It takes a village of extraordinary people to have a year like we have had. I am happy to have CREW as my village,” said Christine Chipurnoi, co-president of CREW New York and a senior vice president at Wells Fargo Insurance Services USA. “This first year has been not only been a great success, but a year of inclusion and collaboration as two great organizations folded into one. Two histories, two different cultures, two sets of programming, two ideologies of ways to give came together with one unified mission of helping and supporting women in their success in commercial real estate. This could not have been accomplished without the hard work of our many committees.”

“We are so proud of our many committees this year. Thanks to their hard work we’ve increased membership by nearly 30% this year, raised an amazing $150,000-plus in sponsorships and had a year rich with program choices and unprecedented attendance levels. We also launched a Young Leaders Group, a Legacy Leaders Group and a CREW Connections group for members-only coffees, cocktails and dine-arounds,” said Jane Lyons, co-president of CREW New York and a managing partner at Rhodes Associates. “This year through our nonprofit Charitable Fund, we provided scholarships for aspiring young real estate professionals and donated time and resources to Operation Backpack, Bottomless Closet and Bella Abzug Leadership Institute. We are thrilled today to support Win with a $50,000 contribution in addition to collecting more than 550 gifts for women and children in need.”

Former Speaker of the New York City Council Christine Quinn accepted the $50,000 donation on behalf of Win, a nonprofit that supports New York City’s homeless women and children by providing safe housing, critical services and ground-breaking programs. Quinn was named president and CEO of Win on November 2, 2015, to help with the city’s growing homeless population.

“Every morning, over 4,700 homeless New Yorkers including 2,700 children wake up in a Win shelter, a safe place for moms to rebuild their lives and for children to learn and grow,” said Quinn. “We are grateful to CREW New York for this generous contribution that will make a significant difference in the lives of New York City’s women and children that call Win home, and help bring us one step closer to breaking the cycle of homelessness for more families once and for all.”

At the event, CREW New York’s co-presidents gave special recognition to three committee members who have gone above and beyond for the organization over the past year. Award recipients included: Dina Silberstein of Brookfield Office Properties and Deena Baikowitz of Fireball Network for their work in launching CREW’s Young Leaders Group, as well as Kenne Shepherd of Kenne Shepherd Interior Design Architecture PLLC for serving as CREW Champion to facilitate more than 20 CREW Connections events for members this year.

Next year, Theresa Garelli of New York Land Services will serve as the 2016 president of CREW New York. CREW New York will host the 2016 CREW Network Convention & Marketplace, which is expected to draw more than 1,000 real estate professionals, and will continue to grow its programs and services with the launch a mentoring program to connect experienced and younger CREW members and much more. For more information about CREW New York events and membership opportunities, visit

About CREW New York: CREW New York is the largest women’s real estate organization in New York City with hundreds of members. The professional group was established in 2015 to bring together two sister organizations, Association for Real Estate Women (AREW) and Commercial Real Estate Women of New York (NYCREW). CREW New York exists to provide outstanding educational programs and networking opportunities that support the advancement and success of women in the real estate industry. The organization offers a robust set of educational events and programs to encourage career development and growth for men and women across all segments and levels of the real estate industry. AREW was the first U.S.-based association dedicated to the professional growth of female real estate professionals.

About CREW Network: The mission of CREW Network is to influence the success of the commercial real estate industry by advancing the achievements of women. CREW Network does this by looking outward to bring more women into the industry, showcasing member successes and serving as a key resource to its members and the industry. CREW Network members represent nearly all disciplines of commercial real estate – every type of expert required to “do the deal.” Members comprise more than 9,500 commercial real estate professionals in more than 70 chapters across North America. Find CREW Network on Facebook, follow CREW Network on Twitter, and visit CREW Network at

Nobel Prize-Winning Author Inspires The Glass Bead Game

A well-known book by the German-born Swiss writer Hermann Hesse ‘The Glass Bead Game’ has inspired the innovator Martins Jansons to come up with world’s first Collective Creativity game that connects social players with an App. The model is novel in the history of games and solves the problem of sophisticated game publishing for hobbyists. “Be inspired by The Glass Bead Game” can now be supported collectively on Kickstarter, starting 24 November 2015.

Analogue gaming environment is married with information technology to give players freedom of expression. The catalogue includes most of beloved board game classics such as checkers and tic-tac-toe to enjoy entertainment with friends and family. Playful learning games for kids support creative skill and memory training, containing arithmetic, music, storytelling, geography, flora & fauna and other subjects of fundamental knowledge. As a tool it can be used for psychological cognition and enterprise gamification — a new must-have office-game to engage teams and take better decisions while planning projects or analysing a business. Printed game sets work as extensions for each of the use cases.

“A trained game-thinking is a useful skill in our everyday lives, perceiving situations or creating paths for our success. Game is a social playground to develop that skill and discovered the legend together! ” Says Martins Jansons.

The ultimate aim of the game is to inspire players to create. The beads on 6 x 6 grid game boards and two dice are perfect elements to stimulate imagination. Game is an open-ended solution that activates visual thinking and logics enabling players to discover endless combinations of rules and game mechanics. The game App allows players to connect with like-minded and join teams of game collaborators, invite others to play and co-create.

With the publishing of the game, Martins Jansons congratulates the great author on his 70th anniversary of receiving the Nobel Prize in Literature.

JP Morgan Chase To Move Into Alternative Finance And Crowdfunding With A Move Into Marketplace Lending For Small And Medium Size Businesses

NEW YORK – The mainstream banking move into alternative finance is under way and the latest news points to an avalanche. In a panel discussion held in New York on Tuesday, JP Morgan Chase chairman and CEO Jamie Diamond said the bank will “look to break into online lending to small businesses by partnering with an existing operator.” In addition, we recently saw news of ING launching crowdfunding services as funding options for small and medium size businesses in the Benelux region. Barclay’s, through its accelerator program, has a large number of companies actively crowdfunding. So how far can Bank of America, Wells Fargo, Citibank, Royal Bank of Canada and others be behind? Not too far.

I recently read an article by Crowdfunding Capital Advisors about terms such as crowdfunding disappearing and alternative finance, crowdfunding, venture capital, angel investing and other terms simply becoming funding. And I agree it is all just funding. It is funding and it will be available soon to any of the 6 million small and medium size businesses (SMEs) in the U.S. at your local bank branch. And that is the dramatic sea change. The funding doors have been opened to the SMEs that drive our economy and create jobs. And along the line, we have increased the amount of investors that can participate in funding from 8.5 million to more than 200 million by allowing non-accredited investor to invest in startups and SMEs, and lowered the barriers for promoting funding opportunities allowing the use of social media and the Internet.

Equity crowdfunding has been more than three years in the making and is now gaining speed at an unprecedented pace, but more than the monumental regulatory changes that have happened, nothing will compare to the industry growth when the combined muscle of aggressive retail banks gets behind alternative finance. The banking giants fight fiercely for the SME business, they have powerful marketing knowledge sharpened over years with millions invested. Retail banks have the infrastructure, the feet on the ground and banking relationships in place today to grow this industry more than any other factor. And that time is here.

Classy Grows Platform Donations by 5X on #GivingTuesday, Social Impact Organizations Raise $3.4M from 30,000 People Around World

Classy also releases ‘2015 Classy 100’, the top performing organizations on its platform

SAN DIEGO, CA – December 2, 2015 — On #GivingTuesday, Classy, the leading fundraising and community mobilization platform, facilitated $3.4 million in online donations and also released the 2015 Classy 100, its annual showcase of top performing organizations on the Classy platform and the groundbreaking work they have achieved throughout the year.

Organizations fundraising on the Classy platform received 31,445 donations from 29,882 people in 94 countries; organizations also saw a 7% increase in the average donation size to $108 compared to the year-round platform average of $87. In the spirit of #GivingTuesday, the company waived its transaction fees back to its customers allowing them to raise an additional $56,000 in critical funding for their game-changing programs.

On #GivingTuesday Classy also revealed the ‘2015 Classy 100’, an annual showcase of the highest transacting and fastest growing organizations on the Classy platform to date. These top social impact organizations have leveraged Classy’s fundraising and community mobilization tools to raise tens of millions of dollars to solve some of the world’s most pressing social problems. The full Classy 100 list can be seen at this link:

“Each year on #GivingTuesday tens of thousands of people search, discover and support social impact organizations on the Classy platform that are fighting for the causes that they believe in. As evidenced by the tremendous year-over-year growth that we’ve seen, #GivingTuesday is only picking up momentum around the world, providing a tremendous opportunity for organizations to introduce their mission to new people in creative ways” said Classy CEO and Co-Founder, Scot Chisholm.

“However, social impact organizations on average lose 60% of their donors each year, making it even more critical that they have the right tools and technologies in place to maintain and strengthen these new #GivingTuesday relationships over time. The Classy 100 represents a group of organizations who have been able to utilize modern tools to foster great relationships with their community, allowing them to keep people engaged, raise more funding and scale their impact.”

Organizations leading the list and their respective fundraising totals include:

  • Barbells for Boobs (Health Services): $4,528,370
  • buildOn (Educational Advancement): $4,128,192
  • Team Rubicon (Disaster Relief): $3,894,790
  • Action Against Hunger (Hunger & Poverty Relief): $3,816,116
  • Pencils of Promise (Educational Advancement): $3,120,395

About Classy

Classy is a technology company that helps social impact organizations solve social problems faster. Since launching in 2011, Classy has helped more than 2,500 social enterprises including Oxfam, The World Food Program and National Geographic to raise hundreds of millions of dollars. Classy also hosts the Classy Awards, known as “the Oscars of Philanthropy,” to recognize today’s greatest champions of social progress. Based in San Diego, CA, Classy employs a staff of more than 80 people and is backed by investors including Mithril Capital Partners and Salesforce Ventures. For more information, visit or follow Classy on Twitter: @Classy.

CityFunders Announces Crown Heights Investment Available to the Crowd

Launches New Investment Program, Enabling Investors to Choose the Rate of Return

New York – December 3, 2015 – CityFunders (, the real estate crowdfunding platform dedicated exclusively to offering properties in New York City, today announced the launch of an investment property located in the Crown Heights neighborhood of Brooklyn. The new property will be launched with CityFunders’ new investment program, InvestSelect, enabling investors to choose their rate of return based on investment amount.

The existing 6,000 SF two-story commercial building is located at 259 Schenectady Avenue. Goodwill Industries, a provider of behavioral health services has fully leased half of the ground floor and the entire second floor for five years. Goodwill operates a network of 165 independent community-based organizations and has been in business for nearly 100 years. The other half of the ground floor is leased to a laundromat. The sponsor will use the funds to reposition the building into an 8,000 SF mixed-use building with the addition of a third floor, which will include two residential units.

The sponsors, Andrew J. Epstein and Dawson Stellberger have been involved in New York real estate management and investment for a combined 30 years. The partners own and manage more than a dozen buildings in Brooklyn. They are both members of Bushwack Capital and have partnered with CityFunders on previous deals.

Crown Heights is one of the fastest changing neighborhoods in Brooklyn, attracting new shops, restaurants and residential developments to meet the growing demand of the new influx of residents. Centrally located in Brooklyn, the neighborhood is full of tree-lined streets, beautiful 20th century architecture and is currently one of the hottest neighborhoods in the borough for homebuyers and developers. There are approximately two-dozen projects in various stages of development in the neighborhood, representing hundreds of units, some of which are condominiums, signifying affluent professionals are being drawn to Crown Heights. The neighborhood is easily accessible by the 2, 3, 4, and 5 subway trains and is in close proximity to the Brooklyn Museum and the Brooklyn Botanic Garden.

CityFunders is offering a $350,000 participation. Investors who invest $30,000 or more will receive a 10% annual return, and those who invest $25,000 or less will receive a 9% annual return. The minimum investment is $5,000 and investments must be made in minimum increments of $5,000.

“The CityFunders team prides itself on forging partnerships with experienced sponsors and valuable tenants, and 259-261 Schenectady Street provides investors with a valuable investment opportunity,” said David Behin, CEO and Co-Founder of CityFunders. “The new CityFunders InvestSelect program provides investors with the control over their investments that they deserve, and we are excited about bringing this new program to the crowd.”

“CityFunders is a valuable partner in the acquisition of 259 Schenectady Avenue, allowing us to capitalize on our repositioning plan and the overall future of historic Crown Heights,” said Andrew J. Epstein, Managing Partner of Bushwack Capital and Easy Street Properties.

CityFunders is led by a team of New York City real estate professionals with more than ninety years of collective experience, including real estate veterans David Behin, Jerry Swartz, Ayush Kapahi and Albert Behin.

The offering can be evaluated here.

About CityFunders:

CityFunders is a capital sourcing platform for New York City real estate investments. Led by a team of seasoned New York City real estate professionals, investors in the CityFunders network have access to exclusive debt and equity deals. For more information on CityFunders visit

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