NKF Capital Markets has arranged a $19.5 million loan plus a $3.55 million equity investment for CS Acquisition Group’s purchase of Cove West Hartford, a 200-unit apartment community in West Hartford, Conn., Commercial Observer has learned. Arbor Commercial Mortgage and ArborCrowd provided the debt and equity, respectively.

ArborCrowd, the online platform that enables individuals to make equity investments in institutional-quality commercial real estate, announced its Southern States Multifamily Portfolio (SSMP) investment has been realized ahead of schedule, outpacing targeted return estimates.

ArborCrowd is offering investors an opportunity to acquire equity interests in Cove West Hartford, a 200-unit apartment community in West Hartford, Conn. The six-building complex is situated 2.5 miles from downtown Hartford.

Strategic Investor Radio host Charley Wright interviews ArborCrowd Co-Founder and Managing Director Adam Kaufman about how ArborCrowd stands out from other real estate crowdfunding models, why transparency matters and what kind of investors the platform is attracting.

As the real estate crowdfunding industry started to take shape following the passage of the JOBS Act of 2012, Adam Kaufman recognized the potential to create a crowdfunding real estate platform by leveraging the reputation and network of relationships the Arbor family of companies — including the publicly traded Arbor Realty Trust — has cultivated for more than 30 years.

Real estate crowdfunding is a relatively new concept that is gaining steam among a broad range of investors looking to diversify their portfolios with the stable, income-producing asset class. But, as with most things, no two crowdfunding platforms are exactly alike — the various companies entering the fray differ widely in terms of investment offerings, minimum investment sizes and accreditation requirements.

To better understand the challenges facing the real estate crowdfunding market, Bisnow sat down with [Adam] Kaufman to discuss the growth and legitimization of real estate crowdfunding and strategies that players like ArborCrowd are employing to overcome the industry’s past stigma.

Arbor has a lot of different arms to it and the newest arm is ArborCrowd where we focus on multifamily investment offerings to this new class of investors that the JOBS Act created in 2012.

Commercial real estate crowdfunding platform ArborCrowd announced on Wednesday its latest investment opportunity for investors to acquire equity interests in Cove West Hartford, which is a 200-unit apartment community in West Hartford, Connecticut.

ArborCrowd (the “Company”), the only online platform that enables individuals to make equity investments in institutional-quality commercial real estate, announced today the opportunity for investors to acquire equity interests in Cove West Hartford (the “Property”), a 200-unit apartment community in West Hartford, Conn. The six-building complex is ideally situated just 2.5 miles from downtown Hartford and is poised to benefit from a value-add repositioning effort that will upgrade every apartment and reimagine its 12,000-square-foot clubhouse to provide sought-after amenities, and unlock further revenue potential.