Just more than a year after Indiana-based Mainstreet crowdfunded $1.6 million within a month toward a new senior living development, the property has been sold and investors have already seen a 14% return, but the developer isn’t sure if it’s a fundraising model likely to be used again. In April 2014, the short-term rehabilitation and […]
CrowdStreet
Following the record-setting success of a crowdfunding campaign that raised $1.8 million within a single month toward the development of a new “medical resort,” Mainstreet plans to follow-up with similar initiatives later this year to fund future projects. In April, the Carmel, Indiana-based Mainstreet teamed up with CrowdStreet, a crowdfunding platform that connects accredited investors […]
Mainstreet is taking a crowdsourcing approach to the financing of senior care development. As a means to finance its ongoing growth efforts, short-term rehabilitation and boutique nursing home developer Mainstreet is rolling out a direct investment initiative that connects crowdfunding with its latest project, a Bloomington, Indiana short-stay transitional care and assisted living facility. By […]
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