Craft

Patch Lending

Total Funding

$27 M

Patch Lending Summary

Company Summary

Overview
Patch Lending (also known as Legacy Pol, formerly Patch of Land, ) is a peer to peer real estate crowdfinancing company offering high yield, asset backed real estate debt via its online investment platform. Patch of Land is a real estate crowdfunding platform, offering accredited investors the opportunity to invest in asset-backed debt deals with low minimum amounts. Properties are secured by title and developer guarantee with LTV values that protect investors from unnecessary risk. Investors can diversify their portfolios by accessing high yielding, passive income streams through real estate without the hassle of property ownership or management. Patch of Land will handle the work, liability, day to day management and licensing while investors watch their portfolios grow. Patch of Land is unique in the real estate crowdfunding space because we co-invest, putting our own money into every deal. We work with established, experienced developers with a track record of successful property developments and we strive to provide investors with best-in-class customer service. Detailed information on every property is available to allow for a thorough evaluation and efficient due diligence process. Investors have ongoing visibility into each project as it develops, as well as detailed analysis of investment returns on a monthly basis.
Type
Private
Status
Active
Founded
2013
HQ
Los Angeles, CA, US | view all locations
Website
http://patchofland.com/
Cybersecurity rating
Sectors

Operating MetricsView all

Loans Originated to Date

$725M

Q3, 2018

Loans Originated to Date, units

1.6K

Q3, 2018

Value of Properties Funded to Date

$1.2B

Q3, 2018

LocationsView all

3 locations detected

  • Los Angeles, CA HQ

    United States

    15000 Ventura Blvd #300, Sherman Oaks

  • Brooklyn, NY

    United States

    424 195 Plymouth St

  • Monte Sereno, CA

    United States

    15211 Becky Ln

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