Sharestates is the latest example of a startup taking advantage of Title III of the JOBS Act. When former U.S. President Barack Obama signed it into law, non-accredited investors were allowed — for the first time — to use services like SeedInvest and take part in seed stage fundraising. At the time, the JOBS Act was believed to be a profound victory for New York’s startups and small businesses. The funding round for Sharestates is set to remain open until the end of January. So far, the company touts a 55 percent year-over-year growth. In December, it surpassed $42 million in loans, nearly doubling total loan volume in just over three months.

http://www.bizjournals.com/newyork/news/2017/01/20/real-estate-platform-sharestates-hits-275-million.html