We find the money, the opportunities find us
At Sharestates, we offer investors direct access to real estate investments through our online marketplace - with typical net annualized returns between 8-12%. Borrowers can also gain access to capital at a competitive rate, closing a deal in a fraction of the time it traditionally takes through a bank. Each of our projects are thoroughly assessed with our 34-point scoring matrix - minimizing the risk to investors and cost of capital to borrowers.
Start building your Sharestates portfolio today -- one share at a time.
Join SharestatesOur Story
Most of us, if we’re lucky, get to invest in one real estate property at a time – the one we live in.
Even so, many of us dream of more. We see an apartment building or retail space in a neighborhood that we know will be worth a fortune one month after the first art gallery or Kona Coffee Shop moves in. Or we hear about an opportunity in another town but can’t find the time to inspect the site. Or we learn of a great investment opportunity but the minimum buy-in costs more than we have saved.
At Sharestates, we’ve experienced all of this.
It’s frustrating.
It’s cruel.
And, in the Digital Era, it’s completely unnecessary.
That sense of injustice served as our inspiration. So we challenged ourselves to grant everyday investors a marketplace that would lower the barrier to entry to join in on the rewarding world of real estate development.
Our founders
Allen Shayanfekr, Radni Davoodi & Raymond Y. Davoodi
Two of our founders, Radni Davoodi & Raymond Y. Davoodi, began their careers in real estate by launching a tiny insurance company almost 20 years ago, slowly growing and nurturing the business until it eventually provided a full suite of real estate solutions on a national level.
experience
20 years
It yielded an unparalleled borrower acquisition database of developers, speculators, attorneys, lenders, and more. Allen Shayanfekr, our co-founder, joined Radni Davoodi and Raymond Y. Davoodi in 2013. After compiling a vast network of investors and borrowers, Allen and the team saw crowdfunding as the business’s next evolutionary step.
official launch
February 2015
We officially launched in February 2015 and since then, have gone on to complete Private Regulation D offerings as well as Public Regulation A offerings. We’re now one of the select few platforms to have offered public projects for non-accredited investors.
REAL ESTATE TRANSACTIONS
$10 billion
Together as a team, we have overseen more than $10 billion worth of real estate transactions. It took hard work and dogged determination, but we can now call ourselves a successful lending platform with a solid track record for backing worthy projects for our borrowers and returning high yields to our investors.
This isn’t the end of the story. Far from it! We’re just getting to the good part. You couldn’t have timed your introduction to Sharestates any better!
Learn MoreHow we do what we do
To be an online lending platform of Sharestates caliber, you have to do many things exceptionally well:
LOAN ACQUISITION
Sharestates has a constantly updated, proprietary registry of high-quality borrowers. It relies on our deep relationships that come from our longstanding presence in the industry in addition to all the information available to less pedigreed platforms.
UNDERWRITING
After a detailed review of the core project, we make sure we understand the project timeline, budget, zoning, architectural plans, and all other details from the title report. Not stopping there, we review the project market, delve into the region’s demographics and trends, examine comparable sites, and learn the market values of recently appraised properties. Of course, we also vet the borrower for experience, track record, litigation, and credit worthiness. We then score the opportunity on the 34-point matrix we developed to serve the unique requirements of Sharestates borrowers and investors.
FINANCING
Next, we see what we can do to provide the loan to the borrower at the lowest cost of capital. We look at different instruments available, and consider contingency financing needs as well as the core project’s.
LEGAL
We structure the deals. Then we draw up entity documents, operating agreements, investment memoranda, and initial state and federal filings.
REPORTING
Over the term of the loan, we send photos and videos to investors in addition financial statements and distribution payments. We also ensure that documents are filed periodically with the proper tax and regulatory authorities.
PROCESS
None of the above matters, though, if you can’t use the site. Our processes are mature but constantly improving, and we are dedicated to offering the best user experience in the industry.
EXECUTIVE TEAM
SHARESTATES TEAM
Alma Mater
St. John's University
Hometown
Roslyn Heights
Team Member Since
2013
Radni Davoodi
Co-founder and Principal
Radni Davoodi is the Chief Compliance Officer and Co-founder of Sharestates. In addition to his executive position at Sharestates, Radni is also a Principal at the Atlantis Organization--a national title insurance provider servicing real estate professionals in all 50 states, and directly licensed in 32 states. Over the past 12 years, Atlantis has provided title insurance and escrow services in excess of $5 billion in real estate transactions. Radni has built a network of several thousand real estate professionals, which has been essential to the growth of Sharestates.
Alma Mater
Touro Law Center
New York University
Hometown
Roslyn Heights
Team Member Since
2013
Allen Shayanfekr
Co-founder and Principal
Allen Shayanfekr, Esq. is the CEO and Co-founder of Sharestates. Allen is currently admitted to practice law in NY and CT. His legal expertise in securities law is paramount to Sharestates' ability to promote and produce public and private offerings in a highly regulated space. Allen interacts regularly with the Securities and Exchange Commission, in addition to spearheading daily operations at Sharestates. Prior to launching Sharestates, Allen joined the Atlantis Organization as their National Title Producer and Account Executive, holding approximately 28 Producer's licenses across the Country. Allen received his J.D. Magna Cum Laude from Touro Law Center where he graduated in the top 6% of his class and his B.A. in Political Science from New York University.
Hometown
Roslyn Heights
Team Member Since
2013
Raymond Y. Davoodi
Co-founder and Principal
Raymond Y. Davoodi is the Chief Strategy Officer and Co-founder of Sharestates. In addition to his executive position at Sharestates, Raymond is also a Principal at the Atlantis Organization. Raymond has established relationships with high profile firms through the Atlantis network of entities, which has led to the insurance of major projects across the country. Furthermore, Raymond has successfully overseen the acquisition, renovation/construction and sale of various types of real estate properties over the past several years, with a high success rate. Raymond uses his expertise to strategically procure investors and sponsors for the platform.
Team Member Since
2018
Richard Wisniewski
Chief Investment Officer
Richard Wisniewski is the Chief Investment Officer of Sharestates. Richard oversees the financial operations of the company and works with institutional investors to secure capital for internal funding facilities and new product lines. Richard has over 30 years of finance and capital markets experience and was previously a principal and co-founder of a capital markets advisory firm. Over the course of his career, Richard has run specialty finance lending practices for Greystone & Co., Inc. and Fortress Investment Group, and served as Global Head of Securitization for Deutsche Zentral-Genossenschaftsbank AG (DZ Bank). Richard has also held investment banking and senior positions with ING Barings, Financial Guaranty Insurance Company (GE Capital), and Moody’s Investors Service. Richard received a B.A. in Economics and Finance from St. John’s University and an MBA from Bernard Baruch College, City University of New York.
Hometown
Roslyn
Team Member Since
2013
Michael Ramin
VP, Business Development (National)
VP of Investor Relations and Business Development Michael is the VP of Investor Relations and Business Development at the Atlantis Organization. Since taking over this position in 2012, Michael has created alliances with some of New York's largest developers and investors. Michael's clients alone have closed or developed over $300 million in projects in the last year. Prior to Atlantis, Michael managed over 4,000 commercial and industrial properties for the Metropolitan Transportation Authority. Further, Michael negotiated the acquisition and disposition of properties requisite to expanding and improving the transportation network for the MTA. Michael will use his knowledge & experience in the Sales/Marketing phase to procure investors and sponsors for the expansion of the site and company user base. In addition, Michael is spearheading the development of the Sharestates social media platform.
Alma Mater
University of California, Davis
Hometown
Sacramento, CA
Team Member Since
2017
Michael Kim
VP, Private Client Relations
Michael Kim is VP, Private Client Relations at Sharestates. He is responsible for leading the Private Client Relations Team and all platform investors – ensuring that clients have a seamless experience with products, technology, and services. He brings over 7 years of financial services experience and was previously VP, Senior Client Associate for U.S. Trust, Bank of America Private Wealth Management. He focused on cultivating client relationships and expanding the book of business, eventually growing the AUM from $4.2B to $9.1B. He currently holds his Series 7, 63 and 66 licenses. Michael graduated with a BA from the University of California, Davis.
Team Member Since
2018
Justin Peterson
SVP of Marketing
Justin Peterson oversees the marketing team for Sharestates, with responsibility for attracting, converting and retaining new investors and borrowers to the platform. Justin has more than a decade of experience in the commercial real estate, direct-to-consumer, and advertising industries with extensive experience planning and implementing marketing strategies, content strategy, SEO, SEM, media buying, event marketing, lead generation, and conversion rate optimization. Justin received a B.A. in communications from Wake Forest University and an M.S. in Marketing from New York University.
Alma Mater
Babson College
Hometown
Hillsborough
Team Member Since
2014
Kevin Shane
VP, Capital Markets
Kevin is the VP of Capital Markets for Sharestates. He focuses on raising debt capital for Sharestates from institutional funds. He is also the representative for the Company within the fintech and finance industries, where you’ll see him at many of the events around the country. Prior to Sharestates, Kevin was the Director of GSummit, where he played a major role in the growth of the gamification industry. Before GSummit, Kevin was an early employee at Lending Club, where he first learned about the marketplace lending industry. ultimately driving his desire to work in real estate marketplace lending. Kevin graduated from Babson College.
Alma Mater
Nassau Community College
Hometown
Wheatley Heights, NY
Team Member Since
2016
Alicia Tsiatalas
Team Lead, Opening & Processing
Alicia Tsiatalas is the Lead Loan Processor at Sharestates, providing leadership and assistance to her colleagues in the Loan Opening and Processing Department. Her previous experience includes loan processing within a conventional bank, where she was promoted to Senior Processor.
Alma Mater
University of Colorado, Denver
Hometown
Huntington
Team Member Since
2015
Brian Halbeisen
Head of Underwriting
Brian Halbeisen joined Sharestates in 2015 and is the Head of Underwriting. Prior to Sharestates, he served as a consultant for 3 years to numerous commercial banks, strengthening credit and lending platforms, and prepping institutions for regulatory examinations. Preceding his consultant role, Brian served at Lehman Brothers for 12 years. He joined Lehman Brothers in 2000 and became Senior Vice President of Credit and Lending. Brian and his team managed a 15$ billion portfolio composed of Commercial Real Estate Loans, C&I, Residential Loans, and Interest Rate products. In this role, he was responsible for portfolio management, controlling and analyzing credit risk, product valuation, asset quality and policies & procedures. Brian served in this role until mid- 2012 with Woodlands Commercial Bank, a fully owned subsidiary of Lehman Brothers.
Alma Mater
John Jay College of Criminal Justice
Hometown
Queens, NY
Team Member Since
2015
Ashley Bal
Operations Manager
Ashley Bal joined Sharestates in 2015 and is the Operations Manager. As the Operations Manager, leads multiple departments including Closings, Draws, Crowdfunding Platform Projects, Foreclosure and Administrative Support. Ashley Bal graduated John Jay College of Criminal Justice with a bachelor’s degree in Criminology. A year later, she joined the company as one of its first team members.
Hometown
Queens, NY
Team Member Since
2016
Henry Rodriguez
Senior Relationship Manager
Henry Rodriguez is a Senior Relationship Manager on the Sharestates Business Development team. Since joining the company in 2016, he was worked alongside Michael Ramin, VP-Business Development, to build client relationships. Henry attended Nassau Community College.
Alma Mater
Kaplan University
Hometown
West Babylon, NY
Team Member Since
2017
Vanessa Alvarado
Closing & Draws Coordinator
Vanessa Alvarado holds a dual role at Sharestates, with positions in both the Closing and Draws departments. She also assists with the crowd funding platform and has over 10 years of customer service experience. Vanessa studied communications at Kaplan University.
Alma Mater
Howard University
Hometown
Roslyn Heights
Team Member Since
2015
Dominique Ingram
Marketing Manager
Dominique Ingram is the Marketing Manager at Sharestates. She works alongside the marketing team to create campaigns designed to promote Sharestates and educate real estate investment audiences about online real estate lending. Prior to joining Sharestates, Dominique held various sales supervisor positions. She holds a Bachelor of Arts degree from Howard University.
Alma Mater
Cornell University
Hometown
Manhasset
Team Member Since
2014
Alex Egan
Brand Director
Alex Egan is the Creative Director at Sharestates. His roles include, but are not limited to, the website's 2.0 redesign, marketing materials, photography & videography and all things creative. Prior to Sharestates, Alex worked on various startups, the Chicago Board of Trade and most recently a company called Global Bitcoin Solutions focusing on the Bitcoin industry. Alex has been heavily involved in the incubation of startups since his high school days. Alex graduated from Cornell University, where he was heavily involved in entrepreneurship) with a degree in Design and Environmental Analysis, with a focus of Cognitive Ergonomics (User Experience and Informational Architecture).
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