How do you merge technology and real estate? Most traditional real estate syndicators have been slow to embrace technology – if they only knew tech was their friend! Listen to this podcast as eVest CEO Daniel Summers talks about how his white label solution solves the two big pain points all syndicators face: money and time. (and also virtually eliminates all hassles and outrageous costs involving PPM creation). Now anyone can be a syndicator of projects of all types! Listen and hear for yourself!
A real estate syndication (or any syndication deal for that matter) is basically just a private offering available to accredited investors. Before Reg.D 506(c) and the JOBS Act – which allows for the general solicitation of securities – things you went to jail for previously are now legal in terms of advertising, marketing, and promotion. But most syndicators are still doing everything the old fashioned way. eVest aims time to change that!
As mentioned in their latest press release, eVest has developed a unique process that complies with the SEC and allows for capital raising, all in complete compliance with the SEC’s Regulation D. 506(c) requirements. The technology facilitates the entire syndication process of raising capital for not just real estate projects, but also cannabis opportunities, operating companies, motion pictures, opportunity zones, and more! Best of all, the eVest Marketplace serves as a portal to showcase these opportunities and have investors participate directly in any deal they like in a safe and secure environment without fees.
Now you don’t have to be a seasoned syndicator to succeed in raising capital. Everything is there on their syndication platform that has been carefully thought out and implemented by Mr. Summers, a commercial real estate specialist who has raised over 2 billion dollars of commercial real estate during a 30+ year career. By listening to this podcast, you’ll learn how investors actually can invest in these deals … and how his technology is moving traditional third party investment advisors to the wayside. Watch the video below for a quick overview of all the features and benefits of the eVest technology platform.
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.
IMPORTANT!
All information provided is for informational purposes only. Mapable USA is not a registered broker-dealer, funding portal, or investment advisor. This information presented on this website/podcast is not intended as legal or investment advice for anyone to make an investment in any 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. Any information presented is not an offer or solicitation to purchase or sell any securities or financial products. None of the information on the Mapable USA podcast or website takes into account any individual person’s personal objectives, financial situation, needs, or particular circumstances. 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. Mapable, LLC recommends you obtain your own financial, legal, and taxation advice before making any financial investment decision.
Ron, this was a great show. really good info. ive been syndicating property in NYC and would like to speak with you.