RealCrowd CEO Adam Hooper tells us the new SEC rules are huge for the industry, which can now raise up to $50M per year from non-accredited investors (in other words, people who are not high-net-worth investors). The new rules (Regulation A+) have been in the works for years and allow for some offerings to be filed only with the SEC versus in every state, which is much less burdensome for issuers. Bay Area commercial RE operators who have been on the fence about utilizing crowdfunding for online syndication may now have reason to take another look at the benefits.
Breaking Down the New Crowdfunding Rules
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Adam Hooper
, RealCrowd
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