Portland real-estate firm plans ‘crowdfunding’ site


ScanlanKemperBard Cos. will launch an online crowdfunding platform for its real-estate deals.

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ScanlanKemperBard Cos. will launch an online crowdfunding platform for its real-estate deals.

The people with the money are an in-crowd, to be sure. SKB has only ever done business with “accredited investors” — usually those with $1 million to invest, or who make more than $200,000 a year — and that won’t change.

But by posting investment opportunities online, which was previously prohibited under U.S. securities laws, Scanlan thinks he can reach a much wider audience, and therefore increase the amount of money he can raise. SKB expects to launch the site next year.

Read more at OregonLive.com