Earn double digit returns, collateralized by the asset.

Make Sharestates part of your investment strategy today.

How Sharestates can benefit you

S&P 500
1.38%
NAREIT Composite
1.91%
NASDAQ
4.30%
Over 90 percent of funded Sharestates investments are classified as Senior Debt. Historical returns may not reflect actual future performance and any investor on Sharestates may experience different results from those shown. SP 500 data source: DQYDJ.com. NAREIT data source: FTSE NAREIT US Real Estate Index Series, April 2016. NASDAQ data source: Seekingalpha.com.

Individual Investors

Individual accredited investors can access a large marketplace of institutional quality mortgage loans that have been sourced and underwritten by industry leaders. As an individual investor, you'll be participating side-by-side with large institutions in the same quality product. You can even set up auto-invest to manage your investment strategy - delivering you peace of mind that you're never missing an opportunity. Our investors earned over a 10% annualized return last year - get started today!

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Institutional Investors

Sharestates offers both a fractional and whole loan program for institutional investors. We’re working with some of the country’s largest institutions and banks – with target investments north of $5 Billion. Whether you have a levered or unlevered strategy, rest assured that large financial institutions such as Goldman Sachs, Deutsche Bank & many others have vetted and approved our platform. We work closely with our institutional partners to find an investment mix that’s built just for them – allowing you to focus on the bigger picture – capital raising and investor management! Join us today to find out how you can become part of our exclusive whole loan buyer platform.

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NPL Investors

While Sharestates doesn’t have many Non-Performing Loans relative to our production volume, we do of course experience defaults from time to time. We take a very hands-on approach to working on these files and sometimes will sell these loans to return principal to our investors. If you’re interested in joining our exclusive NPL Auction House, register today to learn more. Please note the program is not available to everyone as we take a great degree of care in vetting our NPL buyers.

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What we do

We offer investors direct access to real estate investments through our online marketplace – with net annualized returns between 8-12%. The projects we fund help property owners and developers (aka sponsors) to close deals at a more competitive rate than banks, while allowing them to close deals in a fraction of the time, creating a win-win.

Crowdfunding makes it easy for anyone to build a real estate portfolio and to fund a project. Each of our projects are thoroughly assessed with our 34-point underwriting and risk assessment system – minimizing the risk of all our investment opportunities. Start building your real estate portfolio one share at a time with Sharestates.

How we vet our deals

Automated Prequalification
Property
Underwriting
Risk
Profiling
Research
on Borrower

An investment’s Rating corresponds to its numerical score in its Project Analysis. The Project score is a quantitative method of measuring nine key risk criteria of a real estate investment. Each of the criteria is assessed and assigned a number of points, resulting in a total numerical score ranging from 0 to 25. A Project score of 8-11 will result in an A rating, 13-15 in a B+ rating and so on.

category
Points
  • -2
  • -1
  • 0
  • 1
  • 2
  • 3
  • 4
  • 5
Loan-to-Value Ratio
  •  
  •  
  •  
  •  
  • 50-59%
    Mitigates Debt Service Risk
  • 60-69%
    Moderate Debt - May be vulnerable in serious economic downturn
  • 70-79%
    High Debt - May be vulnerable in serious economic downturn
  • > 80%
    High Debt -More vulnerable in economic downturn
Lien Position
  •  
  • First Lien
    Senior Debt
  • Second Lien
    Mezzanine Debt
  •  
  •  
  •  
  •  
  •  
Location
  •  
  •  
  •  
  • Core Urban Markets
    Quality of Market
  • Suburban or Secondary Market
    Quality of Market
  • Rural or Emerging Markets
    Quality of Market
  •  
  •  
Occupancy
  •  
  •  
  •  
  • High
    Credit Retail Tenant or 90%+ Multifamily/Office
  • Moderate
    Non-Credit Retail Tenant Or 50-90% Multifamily/Office
  • Low
    Vacant (all types) or <50% Multifamily/Office
  •  
  •  
Development Phase
  •  
  •  
  •  
  • Stabilized
    Existing asset with leases in place and cash flow
  • Value-Add
    Improvement of an existing Asset
  • Ground-Up
    Construction of a new Asset
  •  
  •  
Borrower Track Record
  •  
  • 1 Billion +
    Enormous, experienced, borrower with impeccable, extensive track record
  •  
  • 200 Million +
    Large, experienced borrower with very extensive track record
  • 101 - 200 Million
    Experienced borrower with extensive track record
  • 41 - 100 Million
    Experienced borrower with several completed projects
  • 10 - 40 Million
    Semi-experienced borrower with a few completed projects
  • < 10 Million
    Smaller-scale or emerging borrower
Borrower Experience
  •  
  • Very Experienced
    21+ previous projects in market/project phase
  •  
  • Experienced
    6-20 previous projects in market/project phase
  • Moderate Experience
    3-5 previous projects in market/project phase
  • New Market or Phase
    1-2 previous projects in market/project phase
  • No Experience
    0 previous projects in market/project phase
  •  
Borrower Credit Score
  • Excellent
    760-850 Credit Score
  • Good
    700-759 Credit Score
  • High Acceptable
    680-699 Credit Score
  • Low Acceptable
    650-679 Credit Score
  • Poor
    620-649 Credit Score
  • Very Poor
    550-619 Credit Score
  •  
  •  
Personal Guaranty
  •  
  • Yes
    Borrower has provided a personal guarantee and has significant assets
  •  
  •  
  •  
  •  
  •  
  •  

How we determine our annual yields

An investment’s Rating corresponds to a suggested risk adjustment. The gross Sharestates Baseline Interest Rate is 8%, inclusive of origination fees and annual interest rates. Depending on the Investment's Rating, the Investment's Baseline rate will be adjusted accordingly. An Investment Rating of an A should result in a suggested Gross Annual ROI of 8.5%, A B should result in a suggested Gross Annual ROI of 10% and so on.

Grade
  • BASELINE
  • BORROWER RATING
  • ADJUSTMENT
  • NET ANNUALIZED
ADJUSTED INVESTOR YIELD POST SERVICING
A+
  • 8 %
  • < 8
  • 0.00 %
  • 8.00 %
A
  • 8 %
  • 8 - 11
  • 0.50 %
  • 8.50 %
A-
  • 8 %
  • 12 - 13
  • 1.00 %
  • 9.00 %
B+
  • 8 %
  • 14 - 15
  • 1.50 %
  • 9.50 %
B
  • 8 %
  • 16
  • 2.00 %
  • 10 %
B-
  • 8 %
  • 17
  • 3.00 %
  • 11 %
C+
  • 8 %
  • 18
  • 4.00 %
  • 12.00 %
C
  • 8 %
  • 19
  • 5.00 %
  • 13 %
C-
  • 8 %
  • 20
  • 6.00 %
  • 14 %
D+
  • 8 %
  • 21 - 23
  • 7.00 %
  • 15.00 %
D
  • 8 %
  • 24 - 25
  • 8.00 %
  • 16 %
D-
  • 8 %
  • 25
  • 9.00 %
  • 17 %
The gross annual ROI represents what Sharestates believes to be an appropriate risk adjusted return. However there may be up to a 2% variable margin. The Sharestates Rating is NOT a measure of the quality or suitability of the investment and is NOT meant to serve as a replacement for individual due diligence. Importantly, the Sharestates Rating system is our own proprietary rating system. The Sharestates due diligence process is rigorous. Less than 2% of the projects that we review are ultimately offered as investment opportunities on the platform.

The Sharestates Redemption Program

While Sharestates investments are relatively short term, we recognize that life has unexpected opportunities and/or surprises that may require liquidity. The Sharestates Redemption Program has been designed to give our investors a liquidity option for those very moments. Now, all Sharestates investors can invest with peace of mind knowing that their principal investment can be accessed when needed. Investors looking to participate in the redemption program just need to email us at redemptions@sharestates.com to access their liquidity on the terms and conditions below.


Click here to see full program terms and restrictions
  • DAYS
  • PURCHASE PRICE
  • 1 - 90
  • 94% X (purchase price of the note < any prepayment received during period)
  • 91 - 180
  • 95% X (purchase price of the note < any prepayment received during period)
  • 181 - 270
  • 96% X (purchase price of the note < any prepayment received during period)

If extended

  • DAYS
  • PURCHASE PRICE
  • 1 - 90
  • 94% X (purchase price of the note < any prepayment received during period)
  • 91 - 180
  • 95% X (purchase price of the note < any prepayment received during period)
  • 181 - 270
  • 96% X (purchase price of the note < any prepayment received during period)

Start building your real estate investment

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*For U.S. investors, investment minimums start at $5,000 per investment. For a non-U.S. investor, our investment minimums are $10,000 per investment.