Willian Skelley is a New York based alternative investment professional and also the founder of iFunding. He is known for coining the term accredited crowdfunding, a term he coined with the year 2012. It is a concept that allows accredited investors to collect small amounts of capital so that they can raise a significant amount of money and use it to make an investment that an individual cannot have access. The organization he founded, iFunding, is an online based real estate crowdfunding platform. Before founding iFunding he worked as a principal at Rose Park Advisors. He has worked with various organizations such as General Electric, Bain Capital, and as an advisor of several start-up companies. CrowdfundInsider tells us William was recently made a member of the exclusive group of “Next Generation of Real Estate Leaders.”
iFunding held its annual dinner in New York. The dinner was an only invite association that was put together by Michael Stoler. Michael Stoler is the MD of Madison Reality Capital and a host of weekly television show “The Stoler Report: NY’s Business Report.” The organizers invited some of the biggest names from top real estate companies around the world such as Kushner Companies, CIT, Bank of America, Cushman and Wakefield, Merrill Lynch and Carlyle Group.
CNBC discovered that William Skelley is among the first people that took advantage of the Title II ruling of the JOBS Act in 2012 and set up iFunding based on the concept of real estate crowdfunding. iFunding is now recognized as one of the most successful online real estate platforms for crowdfunding. They are involved in facilitating debt and raising preferred equity for a broad range of real estate properties such as multi-family residences and apartment house estates, apartment towers, hotels and resorts, retail locations, malls, offices, single-family homes, and mixed-use buildings.
At the organization, Skelley described in an interview that he is responsible for overseeing business development activities. He has overseen more than 40 real estate projects with an estimated value of more than 250 million. iFunding is open for investors who are interested in high-quality real estate deals with a minimum of $5000 capital. The organization is responsible for overseeing the deals throughout its lifespan. One of the aspects that have made iFunding to grow and be successful is because they provide comprehensive details and transparency to each investor on how their investment are being utilized.
William Skelley will participate in one episode of The Stoler Report in the Spring of 2016. Be sure to watch for an announcement on the iFunding Facebook, which Skelley himself maintains.