|
Post by charles on Mar 6, 2017 12:47:24 GMT
Hi everybody, Just wanted to give everyone a heads-up just in case anyone was hoping to invest in our Liverpool bond before it closed on 8 March 2017 (Wednesday). We've had quite a bit of a last-minute rush, so there is just £100k £80k left to fund (of a total c.£850k fundraise).As always, please consider your investment carefully, but act quickly. And feel free to drop me a line via PM or email info@propertycrowd.com if you have any questions. Regards, Charles
|
|
pom
Member of DD Central
Posts: 1,922
Likes: 1,244
|
Post by pom on Mar 6, 2017 13:09:07 GMT
Hi everybody, Just wanted to give everyone a heads-up just in case anyone was hoping to invest in our Liverpool bond before it closed on 8 March 2017 (Wednesday). We've had quite a bit of a last-minute rush, so there is just £100k £80k left to fund (of a total c.£850k fundraise).As always, please consider your investment carefully, but act quickly. And feel free to drop me a line via PM or email info@propertycrowd.com if you have any questions. Regards, Charles It's just occurred to me that is actually very impressive for such a new platform - well done...and let's hope you live up to the expectations you're building
|
|
|
Post by charles on Mar 7, 2017 0:03:52 GMT
Thank you for the kind compliment pom. We've worked hard on this investment proposition, and made many sacrifices along the way, so it's very heartening to see the crowd respond as well to our deal flow as they have. I'll be the first to acknowledge though, that there's always room for improvement; nobody's perfect, but we'll certainly try!
|
|
|
Post by charles on Mar 7, 2017 15:39:25 GMT
Guys, I'm sorry to report that the 12% Liverpool Bond is now closed.
We are fully funded, having reached our £844k target. Thank you all for your kind support. And for everyone who wanted to invest, but for one reason or another missed out, we should have another one available shortly (I'm hoping end of the week, but I don't want to make any promises I can't keep).
Regards, Charles
|
|
|
Post by lendinglawyer on May 2, 2017 9:50:55 GMT
charles, I just wondered if (given the offering closed 2 months ago) there is any update you are able to give investors as I am sure the borrower reports to you regularly? More generally, are there plans to send investors regular updates on the status of their investments? I am not looking for anything really granular, just whether the works remain on track, etc. Thanks.
|
|
|
Post by charles on May 8, 2017 12:24:34 GMT
charles , I just wondered if (given the offering closed 2 months ago) there is any update you are able to give investors as I am sure the borrower reports to you regularly? More generally, are there plans to send investors regular updates on the status of their investments? I am not looking for anything really granular, just whether the works remain on track, etc. Thanks. Hi lendinglawyer, We will post material updates in the deal room as and when we get them from the principal lender. Regarding the Liverpool deal specifically, I think we should be getting something soon, so rest assured I will keep everyone posted. Kind regards, Charles
|
|
|
Post by charles on May 16, 2017 5:44:25 GMT
Update from the website: charles - would it be possible to have the platform email out these updates to loan participants, please? Thank you for the constructive feedback, @new2p2p. I will forward this on to the team so we can improve on our processes in the future. Wishing you a great week ahead. Kind regards, Charles
|
|
|
Post by lendinglawyer on Jun 14, 2017 8:32:03 GMT
Email received that the underlying loan has repaid and so the bonds are to be redeemed early. Good job, Property Crowd and charles!
|
|
mrflush
Member of DD Central
This is not me
Posts: 98
Likes: 40
|
Post by mrflush on Jun 14, 2017 9:25:47 GMT
charles , how long would you expect it to be before the funds are available in our accounts, are we talking days? Thanks
|
|
|
Post by charles on Jun 14, 2017 10:32:44 GMT
Email received that the underlying loan has repaid and so the bonds are to be redeemed early. Good job, Property Crowd and charles! Thank you lendinglawyer, it's very satisfying to see the institutional grade deals we've worked hard to bring on to our platform deliver as promised. We will continue to be uncompromising in our quest to offer investors access to quality real estate-backed investments and superior risk adjusted returns. Kind regards, Charles
|
|
|
Post by charles on Jun 14, 2017 15:54:19 GMT
charles , how long would you expect it to be before the funds are available in our accounts, are we talking days? Thanks mrflush, if you were an investor in the Liverpool deal, I believe you should see that your dashboards should already be updated (i.e. the funds have been made available in your account). As a reminder, we have a 10.5% yielding bond currently live for crowdfunding, secured by an income-generating portfolio of parking garages. We are also working on another exciting and similarly high quality deal, the details of which are being finalised and should be released in the next week or so. Kind regards, Charles www.PropertyCrowd.com
|
|
mrflush
Member of DD Central
This is not me
Posts: 98
Likes: 40
|
Post by mrflush on Jun 15, 2017 9:29:51 GMT
Thanks charles , as you said, it was showing in my dashboard shortly after the announcement.
|
|
|
Post by lendinglawyer on Jun 16, 2017 7:29:28 GMT
Thanks charles , as you said, it was showing in my dashboard shortly after the announcement. Shame withdrawals of amounts on dashboard seem to be VERY slow. Can you look into speeding that up charles? No real reason it should take more than 24 hours... And yes @leopardcat that looks right by my maths. I guess non-call protection is pretty rare in P2P although a nice treat when it happened.
|
|
justsaying
Member of DD Central
Posts: 112
Likes: 66
|
Post by justsaying on Jun 16, 2017 7:49:24 GMT
Hear hear lendinglawyer I requested a withdrawal on Wednesday, no reason why it should not be in my account by now given this is the 21st Century! A couple of opportunities elsewhere that I'm keen to get the cash into.
|
|
pom
Member of DD Central
Posts: 1,922
Likes: 1,244
|
Post by pom on Jun 16, 2017 11:25:10 GMT
Just went to withdraw mine "Your withdrawal request has been sent to our Custodian and will typically be processed within 5 business days." Ugh - good thing I don't need it right this minute
|
|