Patch of Land Raises Almost $24 Million in Crowdfunding
CRETECH
Patch of Land, the Los Angeles-based real estate crowdfunding platform has recently announced the completion of a $23.6 million round of Series A funding. Leading the round of funding was SF Capital Group. The firm has previously issued approximately $17 million for funding of short-term commercial real estate loans. Patch of Land now has its sights set on institutional lenders. Patch of Land’s Track Record for Success Currently, the firm reports generating annual returns of up to 18 percent. Su…