Sharestates
Sharestates is a U.S. private real estate lending platform originating bridge, fix-and-flip, new construction, and rental loans ($75K–$75M) for real estate developers and accredited investors across 39 states.
- Company typePrivate
- Founded2013
- HeadquartersGreat Neck, United States
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
What Sharestates does
Sharestates is a U.S. private real estate lending platform founded in 2013 and headquartered in Great Neck, New York. The company originates short-term, asset-backed private real estate loans — including bridge, fix-and-flip, new construction, portfolio, long-term rental, multifamily, mixed-use, and commercial loans — ranging from $75,000 to $75 million for properties across 39 states. As of available reporting, Sharestates has funded more than 4,000 loans representing over $3.6 billion in cumulative volume at an average loan size of approximately $888,000, and has returned more than $2.2 billion in principal to investors.
The company operates a two-sided platform. On the demand side, real estate developers, fix-and-flip operators, builders, and brokers access financing through Sharestates' direct online origination portal, broker referral network, and a correspondent lending program that offers white-labeled table funding to smaller lenders. On the supply side, SEC Regulation D Rule 501 accredited investors can participate in private real estate loan offerings with minimums starting at $1,000 and projected net annual returns generally starting at 10%, collateralized by the underlying real estate. Supporting infrastructure includes online loan origination, investor matching, and loan servicing, backed by SOC 2 Type 1 certification (achieved September 2016) covering security, availability, processing integrity, confidentiality, and privacy controls.
Sharestates generates revenue primarily through interest income on originated loans (APR ranges of 8%–14%) plus non-refundable origination fees, due diligence posting fees, and a recurring SaaS fee applied over the life of each loan. Capital for ongoing origination is sourced through warehouse debt facilities, most notably a $100 million facility led by Ares Management in March 2022. The go-to-market combines direct-to-borrower online origination with relationship-led broker, partner, and correspondent lender channels, supported by content marketing through a Resource Center blog, the 'Coffee with Mike and Ray' podcast, social media, and events.
Sharestates firmographics
Firmographics- Name
- Sharestates
- Legal name
- Sharestates, Inc
- Website
- https://sharestates.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Sharestates is a U.S. private real estate lending platform originating bridge, fix-and-flip, new construction, and rental loans ($75K–$75M) for real estate developers and accredited investors across 39 states.
- Ownership category
- akta.pro rank
Sharestates industry classification
Industry- Product category
- Private Real Estate Lending
- NAICS
- Mortgage and Nonmortgage Loan Brokers (522310), Mortgage and Nonmortgage Loan Brokers (52231)
- SIC
- Mortgage Bankers & Loan Correspondents (6162), Loan Brokers (6163)
- akta.pro primary industry
- CRE Bridge & Transitional Lending (FSALADAC)
- akta.pro secondary industries
- Balance-Sheet / Portfolio CRE Lending (FSALADAG), Real Estate Private Credit (CRE Debt) (FSANADAG), Private Credit / Direct Lending (FSAAAHAG)
Keywords
Where Sharestates is headquartered
LocationHeadquarters
- HQ city
- Great Neck
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Sharestates business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Loan Interest Income: Sharestates earns interest income on loans originated to real estate borrowers. Interest rates range from 8% to 14% depending on loan specifics. The company funds loans from $75,000 to $75 million for residential (1-4 family), multifamily, mixed-use, and commercial properties.
- Origination Fee: Non-refundable origination fee charged to borrowers when a project investment request results in an issued loan. The fee amount is stated in disclosures provided to borrowers and is considered part of the principal on the loan, subject to interest accrual.
- Due Diligence Posting Fee: Non-refundable due diligence fee charged upon execution of the borrower agreement. Fixed amount not declining if the loan is not 100% funded. This fee is NOT considered part of the principal and is not subject to interest.
- SaaS Fee: Non-refundable Software-as-a-Service fee charged for the full term of the loan. Deducted from loan proceeds and considered part of the principal subject to interest accrual.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Commercial loans with interest rates ranging from 8% to 14% |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
Sharestates product offering
Product offeringCore offering
Sharestates operates as a national private real estate lending platform originating bridge, fix & flip, new construction, long-term rental, multifamily, mixed-use, and commercial property loans ranging from $75,000 to $75 million across 39 U.S. states. The company funds these loans in part through a parallel investment platform that allows accredited investors to participate in individual real-estate-backed loans with projected net annual returns starting at 10%. Sharestates also offers correspondent (table-funded) and broker partnership programs enabling third parties to originate loans on its capital.
Product overview
Sharestates is a real estate technology platform functioning as a national private lender, offering a comprehensive suite of loan programs and an investment platform. The core offering consists of Borrower's Loan Programs (bridge, fix & flip, new construction, rental loans) and an Investor Platform for accredited investors to fund real estate projects. The loan programs cover residential (1-4 family), multifamily, mixed-use, and commercial properties with loan amounts ranging from $75,000 to $75 million. Supporting modules include Correspondent Lending for smaller lenders seeking capital access through table funding, Broker Services for real estate professionals, and a Partner Network connecting borrowers with service providers. The company has funded over $3.6 billion across 4,000+ loans in 39 states.
Differentiator
Problem solved
Functional benefit
Products and services
- Borrower's Loan Programs Sharestates' core lending offering for real estate professionals nationwide, providing private loans across the project lifecycle including bridge, fix & flip, new construction, long-term rental, multifamily, mixed-use, and commercial property loans. Loan sizes range from $75,000 to $75 million at 8–14% APR, available in 39 states.
- Investor Platform Online real estate crowdfunding platform enabling SEC-accredited investors to invest in individual private real estate loans originated by Sharestates, with projected net annual returns generally starting at 10%, minimums starting at $1,000, and collateral backed by real estate assets.
- Residential Bridge Loans
Quantifiable outcome
- $888k average loan size across 4,000+ loans funded
- +2 more outcomes
Companies that use Sharestates
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles4 records
Sharestates technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Sharestates partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered minor.
- Ryan SerhantminorReal estate broker on Bravo's Million Dollar Listing who has tested and praised Sharestates' ability to structure deals and provide financing despite time constraints.
- Prime Meridian Capital ManagementminorPortfolio manager Don Davis has been using Sharestates as a loan origination partner since the inception of their Prime Meridian Real Estate Lending Fund in early 2016.
- Ranger CapitalminorPartner Bill Kassul views Sharestates as one of the most promising real estate platforms in the direct lending industry with transparent onboarding and easy-to-work-with management.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
Sharestates competitors and assessment
Company assessmentDirect peers
- Groundfloor: Groundfloor is a real estate crowdfunding platform that originates short-term fix-and-flip and rental loans funded by retail and accredited investors. Like Sharestates, it operates a technology-enabled marketplace connecting borrowers with fractional lenders, competing directly for the same real estate developer and investor borrower base.
- LendingHome (Homebase): LendingHome is one of the largest online fix-and-flip and rental lenders in the U.S., offering bridge and rehab financing to real estate investors. Its scale, institutional warehouse funding, and nationwide origination footprint make it one of the closest direct competitors to Sharestates in the private CRE lending category.
- Fundrise: Fundrise is a leading real estate crowdfunding and investment platform with both debt and equity offerings to retail and accredited investors. While broader in product mix (including eREITs and private REITs), it overlaps with Sharestates' investor-facing crowdfunding platform for real estate debt exposure.
- Roofstock: Roofstock operates a marketplace for single-family rental investment and also facilitates financing for investors purchasing rental properties. Its long-term rental loan products and investor marketplace compete directly with Sharestates' rental loan program and accredited investor offerings.
- EquityMultiple: EquityMultiple is a commercial real estate investment platform offering debt and equity opportunities to accredited investors. Its CRE debt products are comparable to Sharestates' institutional real estate loan offerings, competing for both borrowers seeking private capital and investors seeking real estate debt yield.
- CrowdStreet: CrowdStreet is an online marketplace for commercial real estate equity and debt investing, with both sponsor syndication and direct lender offerings to accredited investors. It competes with Sharestates on the investor side for real estate private credit allocation and offers overlapping CRE debt products.
- RealtyMogul: RealtyMogul is a real estate crowdfunding platform offering commercial real estate debt and equity to accredited investors, with both direct lending and sponsor-sourced offerings. Its commercial debt products overlap with Sharestates' multifamily, mixed-use, and commercial loan programs.
Emerging players
- Yieldstreet: Yieldstreet is an alternative investment platform offering real estate debt, yacht, legal, and other private credit products to accredited investors. While broader than Sharestates, its real estate debt offerings compete for the same accredited investor capital seeking real estate-backed yield.
- Newfi Wholesale: Newfi is a non-QM and private lender offering bridge, fix-and-flip, and rental loans through a wholesale and correspondent channel. While its primary motion is wholesale lending rather than crowdfunding, it competes with Sharestates for similar real estate investor borrowers and offers overlapping loan products.
Broad incumbents
- Ares Management Real Estate Group: Ares Management is a major alternative asset manager with a large real estate debt platform. While much larger and more diversified than Sharestates, Ares is both a capital partner (warehouse facility) and a competitive incumbent in the CRE direct lending space where Sharestates operates.
Market position
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Sharestates social profiles
Digital presenceSharestates compliance and trust
Trust signalCompliance1 record
Sharestates financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sharestates leadership team
Management profileNumber of profiles
Profiles4 records
Sharestates subsidiaries and ownership
Company hierarchySubsidiaries1 record
Sharestates funding detail
Funding detailFunding overview
Funding rounds4 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sharestates M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Sharestates
What does Sharestates do?
Sharestates operates as a national private real estate lending platform originating bridge, fix & flip, new construction, long-term rental, multifamily, mixed-use, and commercial property loans ranging from $75,000 to $75 million across 39 U.S. states. The company funds these loans in part through a parallel investment platform that allows accredited investors to participate in individual real-estate-backed loans with projected net annual returns starting at 10%. Sharestates also offers correspondent (table-funded) and broker partnership programs enabling third parties to originate loans on its capital.
Is Sharestates a public or private company?
Sharestates is a private company. It is classified as venture growth investor backed and is currently operating.
When was Sharestates founded?
Sharestates was founded in 2013. It employs 51 to 100 people.
Where is Sharestates based?
Sharestates is headquartered in Great Neck, United States, in the North America region.
How does Sharestates make money?
Four revenue lines are on record. Loan Interest Income is the primary driver. The others are origination Fee, due Diligence Posting Fee and saaS Fee.
Who are Sharestates's main competitors?
Direct peers on record are Groundfloor, LendingHome (Homebase), Fundrise, Roofstock, EquityMultiple, CrowdStreet and RealtyMogul. Emerging players are Yieldstreet and Newfi Wholesale. Ares Management Real Estate Group is listed as a broad incumbent.
Does Sharestates have an API?
No public API is recorded for Sharestates.
What industry is Sharestates in?
Sharestates's product category is Private Real Estate Lending. Its primary akta.pro industry code is FSALADAC, CRE Bridge & Transitional Lending, with a secondary code of FSALADAG, Balance-Sheet / Portfolio CRE Lending. Its NAICS code is 522310 and its SIC code is 6162.