Crowdfunding for real estate is likely to jump to $2.57 billion worldwide this year, two and a half times the total in 2014, as more people become comfortable with the investing model, research company Massolution said.
Property crowdfunding, in which large amounts of money are raised through small contributions, is probably going to climb from $1.01 billion last year and $396.4 million in 2013, Los Angeles-based Massolution said in a report released Tuesday. Individual fundraising campaigns ranged from less than $100,000 to more than $20 million last year, according to the crowdfunding research and advisory firm.
