RealtyShares.com is intended for accredited investors only who are members of RealtyShares and familiar with and willing to accept the risks associated with private investments. Securities sold through private placements are not publicly traded and are intended for investors who do not have a need for liquidity in their investment.
RealtyShares does not make investment recommendations, and no communication through this website or in any other medium should be construed as such. Investment opportunities posted on this website are "private placements" of securities that are not publicly traded, are subject to holding period requirements, and are intended for investors who do not need a liquid investment. Private placement investments are NOT bank deposits (and thus NOT insured by the FDIC or by any other federal governmental agency), are NOT guaranteed by RealtyShares or North Capital Private Securities Corporation, and MAY lose value. Neither the Securities and Exchange Commission nor any federal or state securities commission or regulatory authority has recommended or approved any investment or the accuracy or completeness of any of the information or materials provided by or through the website. Investors must be able to afford the loss of their entire investment.
Testimonial statements are from existing RealtyShares investors. These statements may not be representative of the experience of all clients, and are not a guarantee of future performance or success.
Articles or information from third-party media outside of this domain may discuss RealtyShares or relate to information contained herein, but RealtyShares does not approve and is not responsible for such content. Hyperlinks to third-party sites, or reproduction of third-party articles, do not constitute an approval or endorsement by RealtyShares of the linked or reproduced content.
Management fees of up to 2.75% may be charged to investors. Other fees may be applicable to sponsors or borrowers.
Any financial projections or returns shown on the website are estimated predictions of performance only, are hypothetical, are not based on actual investment results and are not guarantees of future results. Estimated projections do not represent or guarantee the actual results of any transaction, and no representation is made that any transaction will, or is likely to, achieve results or profits similar to those shown. Any investment information contained herein has been secured from sources that RealtyShares believes are reliable, but we make no representations or warranties as to the accuracy of such information and accept no liability therefor. Offers to sell, or the solicitations of offers to buy, any security can only be made through official offering documents that contain important information about risks, fees and expenses. Investors should conduct their own due diligence, not rely on the financial assumptions or estimates displayed on this website, and are encouraged to consult with a financial advisor, attorney, accountant, and any other professional that can help you to understand and assess the risks associated with any investment opportunity.
As part of your relationship with us, we want to ensure you have all the information necessary to effectively manage your account. Our goal is to provide your information to you securely, efficiently, and conveniently. Please read this electronic communications disclosure (“eCommunications Disclosure”) thoroughly. It contains important information about your legal rights. This eCommunications Disclosure covers all of your interactions with RealtyShares, Inc. (“RealtyShares”, “we”, “us”, and “our”), and all of our products and services accessible via a computer and/or a mobile device. The words “you” and “your” mean each account holder, investor, sponsor, and/or service user identified on an account, product, or service.
Please be aware that your consent to the electronic delivery of disclosures is required to open an account or use any of the RealtyShares Service (as defined in the Terms of Service). If you are unable or unwilling to provide such consent, you will not be able to open an account. Once you have opened an account, you can rescind your consent to electronic delivery of disclosures at any time as set forth below.
We are required by law to give you certain information “in writing” – which means you are entitled to receive it on paper. We may provide this information to you electronically, instead, with your prior consent. We also need your general consent to use electronic records and signatures in our relationship with you. So, before you use our Electronic Services you must review and consent to the terms outlined below.
“Communications” means each disclosure, notice, agreement, fee schedule, statement, record, document, and other information we provide to you, or that you sign or submit or agree to at our request.
“Electronic Service(s)” means each product and service we offer that you apply for, use, administer or access using the Internet, a website, email, messaging services (including text messaging) and/or software applications (including applications for mobile or hand-held devices), either now or in the future.
“RealtyShares Product(s)” means each and every account, product or service we offer that you apply for, own, use, administer or access, either now or in the future. RealtyShares Products include Electronic Services.
The words “include” and “including,” when used at the beginning of a list of one or more items, indicates that the list contains examples – the list is not exclusive or exhaustive, and the items in the list are only illustrations. They are not the only possible items that could appear in the list.
In our sole discretion, the Communications we provide to you, or that you sign or agree to at our request, may be in electronic form (“Electronic Records”). We may also use electronic signatures and obtain them from you as part of our transactions with you.
All electronic Communications from us to you will be considered “in writing” and shall have the same meaning and effect as a paper communication. You acknowledge and agree that Communications are considered received by you within 24 hours of the time posted to the RealtyShares website, or within 24 hours of the time emailed to you unless RealtyShares receives notice that the email was not delivered.
Electronic Communications may be delivered to you in a variety of ways. These various delivery methods include email, messaging services (including text message), software application messaging, online notifications, Communications posted to an individual user’s dashboard (“Dashboard”), and any other appropriate means that RealtyShares uses now or in the future to send you Electronic Records and to communicate with you electronically.
Since substantially all of our accounts, products and services are provided online and use electronic means to deliver information, you must consent to this eCommunications Disclosure in order to use these services. At times, we may send you paper Communications, but as a basic proposition we need to know that you are willing to receive Communications electronically that we may otherwise be required to provide on paper and that you have the hardware and software needed to access this information. You agree that your consent to electronic delivery covers Communications by us, our agents and third parties whose products or services are provided to you through arrangements with us.
You understand that we may provide to you in electronic format only, such as by posting the information on the website where you access your accounts, products or services, through email (if applicable and if you have provided a valid email address), through posting notifications to your Dashboard, or through other electronic Communications, as defined above. Such Communications may include, but are not limited to:
This eCommunications Disclosure does not apply to any communications that we determine, in our sole discretion, that we are required to deliver in paper form under applicable law or that you should receive in paper rather than electronic form.
Such communications shall be mailed to the primary address we show for you in our records or otherwise delivered as required by law or the governing agreement.
To receive Electronic Records, we strongly recommend you utilize the following systems and the following system characteristics:
|Operating Systems:||Windows 7 or later; macOS 10 or later|
|Browsers:||The latest version of Google Chrome, Microsoft Edge, Microsoft Internet Explorer, or Mozilla Firefox|
|PDF Reader:||Acrobat or similar software able to view and print PDF files|
|Enabled Security:||Allow per session cookies|
You must also have an active email address.
In some cases, you may also need a specific brand or type of device that can support a particular software application, including an application intended for particular mobile or handheld devices.
We reserve the right to discontinue support of a current version of software if, in our sole opinion, it suffers from a security flaw or other flaw that makes it unsuitable for use with our platform.
In addition to retaining evidence of an investor’s identity, RealtyShares will collect and retain systems logs and audit trails that establish a temporal and process link between the presentation of identity documents and the electronic “signing” of a document (electronic signature or electronic record), as well as evidence of the investor’s agreement to conduct the transaction electronically and his or her execution of a particular electronic signature or electronic record as per Section 101 of the ESIGN Act.
All files will be retained for the life of the deal plus seven years. Any files that RealtyShares maintains will include the name of the person (and related entity, if the investor is not a natural person) who signed each document, the date of the signature, and the method by which the document was signed, as well as any relevant identifying (and other) information that can be used to verify the electronic signature and its attribution to the signer’s identity. RealtyShares will be prepared to provide audit trail files.
Tamper-Evident Seal. Regardless of the type of electronic signature used, each electronic document will be cryptographically “sealed.” This tamper-evident seal, created by digital signature technology, is the signed document immediately after each investor’s signature has been applied. After having been sealed, any attempt at altering the document would create a new version of the document on our system, differentiated from the original both temporally and by each user’s unique identification. Further, the original document is transmitted via an encrypted transfer from our internal server onto an S3 file storage service provided by AWS. This service is operationally restricted and not publicly accessible. Accessing the information on this service requires access to a key pair and login credentials stored and encrypted within the company’s Github vault. Last, each executed document is timestamped by an independent third-party Timestamp Authority, allowing all users to verify the time of the original execution, in order to combat the possibility of a new version conflicting with the original.
Protecting Server-Based Signing Keys. Tamper-evident seals will be created using our own server certificate issued by a reputable Certificate Authority, and stored per our usual operational and structural key security protocols. In implementations in which a server-based certificate will be used to create the tamper-evident seal, private keys should be appropriately stored, and there should be a separation of staff roles regarding access to those keys.
You may withdraw your consent to receive electronic Communications at any time by sending us a written request by email to firstname.lastname@example.org. You understand that any withdrawal of your consent to receive electronic Communications will be effective only after RealtyShares has had a reasonable period of time to process your withdrawal. You understand that withdrawing your consent to electronic Communications will likely result in the closure of your account.
You may print or make a copy of Electronic Communications by using the “Print” button (or otherwise using your printing functionality) or saving a copy – do this when you first review the Electronic Communications because after submission we do not necessarily keep them all in a place that you can access. For certain Electronic Communications, we will, upon request, provide you with a paper copy of any Electronic Communications provided electronically by us to you pursuant to this eCommunications Disclosure, provided we receive your request within 12 months after the date the Electronic Communication was first made available to you electronically. You may request a paper copy of these Electronic Communications by emailing us at email@example.com. Be sure to specify your account, the specific Electronic Communication for which you are requesting a paper copy, and the address to which it should be mailed. We may charge fees for paper copies of your Electronic Communications.
You agree that we have the right to amend or terminate this eCommunications Disclosure at any time by sending written or electronic notice of the amendment to you. The amendment or termination will be effective on the date contained in the notice. Any use of our platform after such date will constitute your agreement to such amendment or termination.
RealtyShares processes Electronic Funds Transfers (EFTs) as a safe and efficient method to receive electronic deposits from investors, to purchase and redeem investments, to issue refunds to investors, and to provide payments to sponsors. EFTs are processed through the vehicles described below.
The procedures outlined herein are designed for all departments of RealtyShares who receive and make electronic payments on behalf of the company. The following areas are responsible for transacting EFTs:
In addition, North Capital Private Securities Corporation (“NCPS”), a broker-dealer registered with the Securities and Exchange Commission and the Financial Industry Regulatory Authority, Inc., is involved with EFTs as they relate to the offer and sale of securities listed by RealtyShares.
This Electronic Fund Transfers Agreement and Disclosure is the contract which covers your and our rights and responsibilities concerning the electronic fund transfers (EFT) services offered to you by RealtyShares, Inc. (RealtyShares). In this Agreement, the words “you,” “your,” and “yours” mean those who sign up on the RealtyShares Online Platform (Platform) and utilize the Platform to invest in real estate offerings or any authorized users. The words “we,” “us,” and “our” mean RealtyShares. The word “account” means your membership on the Platform, for which you have been vetted and confirmed as a valid and authorized user, and through which you make investments from your bank account into investment vehicles facilitated by RealtyShares, BUT IT DOES NOT REFER TO YOUR BANK ACCOUNT. Any reference to your bank account will be referred to as such. Electronic fund transfers are electronically initiated transfers of money from your bank account, which you utilize the Platform to initiate, and which allow you to invest in the RealtyShares offerings. By using any RealtyShares service, you agree to the terms and conditions in this Agreement and any amendments for the EFT services offered.
RealtyShares typically utilizes ACH systems to perform EFTs on your behalf. ACH (Automated Clearing House) is a system used to transfer funds electronically between the accounts of businesses and individuals. ACH automates common transactions and replaces the slower and more cumbersome paper-based system of checks, drafts, deposit and withdrawal slips, and other forms of money transfer. ACH is efficient, low-cost, and a safe means of conducting financial transactions. Because all transactions are initiated and processed electronically, ACH is significantly less expensive and more efficient than paper-based systems. ACH is also less expensive than wire transfers. RealtyShares also may utilize wire transfers to perform EFTs on your behalf.
Account Access. You may use your Account to invest in RealtyShares investment offerings. When you utilize the Platform to make an investment in such an opportunity, the Platform executes a debit from your bank account through an ACH transaction, and subsequently credits that account through an ACH transaction once the investment begins paying out. Alternatively, the Platform may execute a wire transfer using the information you provide us in order to complete the same transaction.
Limitations on Frequency and Dollar Amounts of Transfers. RealtyShares places no limitation on the frequency with which you as an approved investor participate in RealtyShares offerings. However, our investment offerings have stated minimum investments that you must adhere by. In addition, there are occasionally limitations on the maximum value that you may invest in a particular deal, though there are no particularized limits on transfer dollar amounts made using your Account.
Confidentiality. We will disclose information to third parties about your account or the transfers you make:
RealtyShares is a service-providing institution that does not maintain an account for the consumer besides the Account which allows the consumer to cause funds to be pulled from the consumer’s bank account in order to make an investment. Therefore, ALL QUESTIONS ABOUT TRANSACTIONS MADE USING YOUR BANK ACCOUNT ON THE REALTYSHARES PLATFORM MUST BE DIRECTED TO REALTYSHARES, INC., AND NOT TO THE BANK OR OTHER FINANCIAL INSTITUTION WHERE YOU HAVE YOUR ACCOUNT. We are responsible for the investment service provided through our Platform, and for resolving any errors in transactions made regarding such investments with your account and through the RealtyShares Platform.
We will not send you a periodic statement listing the investments you make while utilizing the RealtyShares Platform. The investments you are currently actively involved with will appear only on your personalized RealtyShares Platform Dashboard, as well as on the statement issued by your bank or other Financial Institution. SAVE THE RECEIPTS WE EMAIL YOU AND CHECK THEM AGAINST THE ACCOUNT STATEMENT YOU RECEIVE FROM YOUR BANK OR OTHER FINANCIAL INSTITUTION. If you have any questions about one of these transactions, call or write us at 415-450-6234 and 525 Market St. #2800, San Francisco, CA 94105.
IF YOU BECOME AWARE THAT YOUR ACCOUNT HAS BEEN OR IS BEING ACCESSED AGAINST YOUR PERMISSION, NOTIFY US AT ONCE by calling or writing to us at 415-450-6234 and 525 Market St. #2800, San Francisco, CA 94105 and firstname.lastname@example.org.
Tell us AT ONCE if you believe or become aware that your RS account has been accessed by another without your permission or without your knowledge, or if you believe that an electronic fund transfer has been made without your permission using information from your RS account. Telephoning is the best way of keeping your possible losses down. You could lose all the money in your bank account (plus your maximum overdraft line of credit). If you tell us within 4 business days after you learn of the improper access to your RS account you can lose no more than $50 if someone unlawfully or improperly accessed your account.
If you do NOT tell us within 4 business days after you learn of the improper access to your RS account, and we can prove we could have stopped someone from using your RS account without your permission if you had told us, you could lose as much as $500.
Also, if your statement from the financial institution maintaining your account shows transfers made through your RS Account that you did not make, tell us at once. If you do not tell us within 90 days after the statement was mailed to you, you may not get back any money you lost after the 90 days if we can prove that we could have stopped someone from taking the money if you had told us in time. If a good reason (such as a long trip or a hospital stay) kept you from telling us, we will extend the time periods.
Contact in event of unauthorized transfer – If you believe your RS account has been accessed without your permission or without your knowledge, call: 415-450-6234 or write: 525 Market St. #2800, San Francisco, CA 94105. For purposes of these disclosures, our business days are Monday through Friday, 9am – 5pm PST. Holidays are not included.
In Case of Errors or Questions About Your Electronic Transfers:
Telephone us at 415-450-6234, or write us at 525 Market St. #2800, San Francisco, CA 94105, or email us at email@example.com
if you think your account statement is wrong or if you need more information about a transfer listed on the statement or receipt. We must hear from you no later than 90 days after we sent the FIRST statement on which the problem or error appears.
When contacting us, you must provide:
If you tell us orally, we may require that you send us your complaint or question in writing within 10 business days.
We will determine whether an error occurred within 10 business days after we hear from you and will correct any error promptly. If we need more time, however, we may take up to 45 days to investigate your complaint or question. If we decide to do this, we will credit your account within 10 business days for the amount you think is in error, so that you will have the use of the money during the time it takes us to complete our investigation. If we ask you to put your complaint or question in writing and we do not receive it within 10 business days, we may not credit your account.
For errors involving new accounts, we may take up to 90 days to investigate your complaint or question. For new accounts, we may take up to 20 business days to credit your account for the amount you think is in error.
We will tell you the results within three business days after completing our investigation. If we decide that there was no error, we will send you a written explanation. You may ask for copies of the documents that we used in our investigation.