Abstract: Embodiments described herein include a network-based exchange for conducting transactions involving fractional interests in real estate assets. The platform acts as both a market where participants can buy and sell fractional interests in real estate properties and a funding mechanism where entrepreneurial real estate promoters can raise capital through a private market. The platform enables a large group of underserved accredited investors to invest in commercial real estate. The system can receive bids over the network for purchase of one or more of the fractional interests from buyers and determine highest bidders for each fractional interest. Successful buyers can then be identified for each fractional interest when the highest bidder bids an amount that meets or exceeds a reserve price set by the seller. Ownership of a fractional interest in the real estate asset includes the right to a proportional amount of income generated by the fractional interest.
Type:
Application
Filed:
August 6, 2015
Publication date:
February 11, 2016
Applicant:
Realquidity Corp.
Inventors:
Shawn Aubrey Silk, Harris Krumwiede Ross, Quinn Michael McLaughlin, Robin Leiman, Allen Blankenship
Abstract: Embodiments described herein include a system and method for editing one or more electronic documents synchronized among multiple electronic devices. The electronic devices may include mobile devices having a touch screen display to capture the edits to the electronic document. Edits to the electronic document can be received and updated in real time on all synchronized devices. In one embodiment, the edits to the electronic document include a handwritten signature from a signer of the electronic document. The handwritten signature is concurrently viewable in each display of the synchronized mobile devices in real time to simulate a real-world experience of signing a paper document with several witnesses. Additional multifactor authentication data can be associated with the handwritten signature data for security and authentication purposes.
Type:
Grant
Filed:
August 18, 2014
Date of Patent:
November 3, 2015
Assignee:
Realquidity Corp.
Inventors:
Quinn Michael McLaughlin, Shawn Aubrey Silk, Harris Krumwiede Ross