Online real estate platform eyes securitization after fundraising

By Will Caiger-Smith
08 Apr 2015

Patch of Land, an online real estate lending platform, hopes to see the first third-party securitization of its loans within the next two quarters, its CEO told GlobalCapital.

The Los Angeles-based firm on Wednesday announced it had raised $23.6m of Series A funding, led by SF Capital Group. Ron Suber, president of Prosper Marketplace — which has seen its loans securitized recently by BlackRock and Blue Elephant — also took part in the funding ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial