How Prodigy's Founder Crowdfunds Real Estate Projects

The video discusses the impact of the JOBS Act on crowdfunding in commercial real estate, allowing smaller investors access to previously exclusive assets. It explains the origins of the idea, influenced by the 2007 financial crisis and practices in Colombia. The speaker highlights current projects in New York and Bogota, and the potential for global expansion. Investment details, including minimum amounts and expected returns, are also covered, emphasizing transparency and regulation.

What significant change did the JOBS Act bring to commercial real estate crowdfunding?

• It restricted access to private offerings.

• It eliminated the need for regulatory oversight.

• It allowed smaller investors to access private offerings.

• It increased the minimum investment amount.

What inspired the crowdfunding model discussed in the video?

• The decline of traditional banking systems.

• The rise of social media platforms.

• The success of tech startups.

• The 2007 financial crisis and practices in Colombia.

How is fraud prevented in the crowdfunding model described?

• Through government regulation and fiduciary entities.

• Through anonymous transactions.

• By requiring investments to be made in cash.

• By limiting the number of investors.

What is the minimum investment required for a U.S. investor?

• $100,000

• $50,000

• $20,000

• $10,000

What kind of returns can investors expect from commercial real estate in New York?

• 5-7%

• 15-20%

• 8-10%

• 12-14%