Real Estate is an art – technology is a science, and until now, they were never really properly married. The JOBS Act has changed the crowdfunding landscape on how investment deals can be marketed and also opened the floodgates of opportunity within the real estate syndication model. In this podcast, CEO Daniel Summers from eVest Technologies explains how he has used his over 35 years of strong commercial real estate experience to create an effective online real estate platform that will digitize a PPM, save marketing costs, and do it all in a timely fashion that’s turning heads in the marketplace.
The real estate industry has been slow to adopt opportunistic changes and continues to use outdated and inefficient procedures to market its investment opportunities. As such, eVest Technology is disrupting the Private Placement Market and replacing it with its Online Public Offering (OPO) Market creating a whole new Modern Syndication Industry. Strangely enough, people are still paying outrageous fees for a PPM. The eVest technology digitizes the PPM with enough info for the accredited investor to make a prudent investment decision at a fraction of the cost of the traditional document. In addition, eVest has partnered with InvestReady to make it easy, safe, and quick to verify investor eligibility with a unique accredited investor validation process that screens for accredited investor status while offering online equity investments. It’s crisp, clear, seamless, and simple.
After listening to this podcast, you’ll have learned all the details about how his white-labeled software is structured as a comprehensive suite of features that addresses every segment of capital raising and investor management, including digital PPM’s, accreditation, verification and document execution, and much more – including a marketplace to showcase all deals: all in SEC compliance. Questions? Comments? Get more information at the eVest website at www.eVestTech.com
ABOUT OUR GUEST: Daniel Summers
Daniel Summers serves as the CEO of eVest Technology, LLC, and oversees all operations of the internal digital technology division and its real estate underwriting group. eVest Technology licenses its proprietary White Label software to clients who are in need of syndicating capital for acquisitions and/or development. eVest digitizes and automates the entire capital raising and investor management process. It eliminates the costly PPM’s and operating and subscription agreements, brings offerings to market within days not weeks, offers internalized accreditation, document execution and a robust message center allowing for massive communication instantly. Investors and Sponsors enjoy real-time CRM’s, automated dividend payments, and annualized reporting.
During his 30-plus-year career in real estate, he has been instrumental in some of the nation’s largest real estate transactions. Having spent decades interfacing with Goldman Sachs, Lehman Brothers, Deutsche Bank, CBS, Westinghouse and Bank of Boston, among others, Mr. Summers built a national reputation for integrity, honesty and transparency. During his career, he also acquired upwards of $2 Billion in Class A office and retail assets. Two of the high-profile assets acquired were the internationally known Frick Building (where Jack Reacher was filmed), and the Westinghouse Building (acquired from Michael Jordon CEO of Westinghouse). Both located in Pittsburgh, PA.
Along this journey, Daniel also owned/invested in a myriad of businesses. He was a co-investor with Mario Lemieux in the Pittsburgh Penguins, owned a Canadian drilling company, a beachfront resort and an international Adventure Racing company all the while raising his children on a horse and cattle farm in Richmond, Ohio. Bringing eVest technology to life has been his most recent passion. It’s become the most powerful syndication technology on the market today.
All information provided is for informational purposes only. This information is not intended as legal or investment advice for anyone to make an investment in any one particular company and is not intended for any companies to rely on this information to form an opinion to go public or not to go public or to do any type of offering of securities. You must check with a securities attorney to find out if an offering is for you, or if you are going to be in the business of selling any type of securities, you need to make sure you are following your state and federal legislative law so you do not get into any troubles. Do not use the opinions as stated on this show as any way to form an opinion as what is wrong or right or what could be done for your business or as an investor.