Loadstar Investments K.K.

What Loadstar Investments K.K. does

Loadstar Investments K.K. operates OwnersBook, Japan's first real estate-focused crowdfunding platform, launched in September 2014. The company enables individual Japanese investors to participate in real estate-backed investment products through a web platform (ownersbook.jp) and native iOS/Android mobile applications. The offering is organized into two primary product categories: lending-type investments (starting from ¥10,000) where capital is deployed as senior or mezzanine loans secured by real estate collateral with LTV capped at 80%, and equity-type investments executed through special purpose company (SPC) structures that hold real estate trust beneficial interests or equity shares. The company is a wholly-owned subsidiary of Loadstar Capital Co., Ltd. (Tokyo Stock Exchange Prime-listed, ticker 3482), with affiliated Loadstar Funding Corporation handling loan origination, servicing, and credit management on the platform.

Revenue is generated primarily through transaction-based fees. Loadstar Investments charges a private placement handling fee of up to 1% of the loan amount on lending-type deals, with the affiliated Loadstar Funding separately charging up to 1% origination (up to 2% for mezzanine). For US non-listed eREIT products distributed under a Fundrise partnership (June 2019), Loadstar Capital charges a 1% asset acquisition fee and a 0.33% semi-annual NAV-based management fee. As of July 8, 2026, the platform had executed 424 projects with cumulative investment of approximately ¥79.1 billion, 375 fully repaid (326 of which were early repayments), one payment delay, and zero principal losses.

The platform serves two distinct customer segments: individual retail investors seeking stable, collateral-backed returns averaging 5.3% expected (range 2.4–6.7%), and real estate developers/operating companies requiring flexible financing in amounts typically ranging from ¥50 million to over ¥1 billion per project. Distribution combines product-led self-serve digital registration with event-driven demand generation through monthly online investor seminars, a content library, and a blog. A Platinum Member subscription tier launched in July 2025 adds recurring revenue and priority access features. Geographic reach remains primarily the Greater Tokyo Area, with international exposure limited to US eREIT products distributed exclusively to Japanese investors through the OwnersBook interface.

Name

Loadstar Investments K.K.

Legal name

ロードスターインベストメンツ株式会社

Website

https://ownersbook.jp

Company type

Private

Founded year

2012

Operating status

Operating

Short description

Loadstar Investments K.K. operates OwnersBook, Japan's first real estate-focused crowdfunding platform, enabling retail investors to participate in real estate-collateralized lending and equity investments from ¥10,000, while affiliated Loadstar Funding originates loans for corporate real estate borrowers.

Ownership category

akta.pro rank

Headquarters

HQ city

Tokyo

HQ country

Japan

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Digital Commerce or Content

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Others

Revenue model

1. Private Placement Handling Fee (LDI社 — 私募取扱等手数料): Loadstar Investments (LDI) charges the borrower a private placement handling fee equivalent of up to 1% of the loan amount. This is the primary platform revenue from lending-type deals.
2. Loan Origination Fee (LDF社 — 融資手数料): Loadstar Funding (LDF), which handles lending operations and credit management, charges the borrower a loan origination fee equivalent of up to 1% of the loan amount.
3. Lending-Type Fee (LDF社 — 融資手数料) for mezzanine loans: For mezzanine loan deals, LDF charges a financing fee of up to 2% of the loan amount (e.g., as noted in the 千代田区オフィス第5号 case).
4. Asset Acquisition Fee (Investment Advisory): For the US non-listed eREIT product, Loadstar Capital charges an asset acquisition fee of 1% (excluding tax) of the LLC investment amount from FR1 LLC, of which the customer's share is proportional to their equity stake in the fund.
5. Ongoing Management Fee (Investment Advisory): For the US eREIT product, Loadstar Capital charges an ongoing management fee of 0.33% per semi-annual calculation period of the acquisition price (NAV-based), split and charged per investor's fund share.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

Loadstar Investments K.K. operates OwnersBook, Japan's first real estate-focused crowdfunding platform, enabling individual investors to invest in real estate-backed projects starting from ¥10,000. The platform offers lending-type investments (senior and mezzanine loans secured by real estate collateral with LTV capped at 80%) and equity-type investments via SPC structures, including US non-listed eREIT products offered through a partnership with Fundrise, LLC. All lending-type projects are evaluated through a dual-layer valuation combining in-house licensed real estate appraisers and external experts.

Product overview

OwnersBook is a real estate-specific equity and debt crowdfunding platform operated by Loadstar Investments K.K., a wholly-owned subsidiary of Tokyo Stock Exchange Prime-listed Loadstar Capital Co., Ltd. The platform offers two primary investment products: loan-based crowdfunding (貸付型) secured by real estate collateral starting from 10,000 yen, and equity-based crowdfunding (エクイティ型) that invests in real estate through SPCs. Additionally, the platform provides access to US unlisted eREIT products through a partnership with Fundrise, LLC, enabling asset diversification in USD. Supporting the platform, the group company Loadstar Funding provides real estate-backed financing services to corporate borrowers.

Differentiator

Problem solved

Functional benefit

Brands

• OwnersBook: Japan's first real estate-focused crowdfunding platform offering lending-type and equity-type real estate investment products starting from 10,000 JPY.

Products and services

• OwnersBook (オーナーズブック) Real estate-specific crowdfunding platform launched in 2014, enabling investors to participate in real estate projects starting from ¥10,000. Operates lending-type and equity-type investment products, both secured by real estate collateral, on a single integrated web and mobile platform.
• Lending-Type Investments (貸付型案件) Investment product where crowdfunding-raised funds are loaned to real estate borrowers with real estate as collateral (senior and mezzanine loans, LTV capped at 80%). Investors receive interest and principal repayments as dividends and capital returns. Minimum investment of ¥10,000 per project.
• Equity-Type Investments (エクイティ型案件) Investment product where funds are invested through single or multiple Special Purpose Companies (SPCs) to acquire real estate trust beneficial interests or equity shares. Investors receive dividends from rental income and gains from property sales. Minimum investment is set per project (first project was ¥500,000).
• US Non-Listed eREIT Investments (US非上場eREIT案件) US non-listed eREIT investment products offered in partnership with Fundrise, LLC, allowing Japanese investors to access US real estate markets through USD-denominated investments, providing portfolio diversification. Minimum ¥500,000 (1 unit), maximum ¥4,500,000 (9 units). 3 projects executed with ¥1,368,400,000 raised and 10.4% realized returns.
• Loadstar Funding Real Estate-Backed Lending (ロードスターファンディング) Group company (Loadstar Funding Co., Ltd., Tokyo Metropolitan Governor Registered Lender No. 31574) providing real estate-backed loans for businesses. Offers working capital and various business financing solutions secured by real estate collateral, including senior and mezzanine loans originated, managed, and serviced for the OwnersBook platform.

Quantifiable outcome

• ¥79.1 billion+ in cumulative investment executed across 424 projects; 375 fully repaid with zero principal losses; 1 payment delay on record
• +2 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• Fundrise, LLCcoreStrategic or Co-development Partner · 1 June 2019Fundrise, LLC is a leading US real estate crowdfunding platform based in Washington D.C. (Co-Founder and CEO: Ben Miller). OwnersBook entered a business partnership with Fundrise in June 2019 to offer US non-listed eREIT investment products to Japanese investors through the OwnersBook platform. The partnership enables Japanese retail investors to access US commercial real estate debt and equity investments denominated in USD, providing portfolio diversification. Loadstar Capital serves as the asset manager for the FR1 LLC investment vehicle, with Fundrise Advisors, LLC acting as the fund manager for the underlying Fundrise Income eREIT.
• Loadstar Funding Co., Ltd. (ロードスターファンディング株式会社)coreImplementation/ SI/ Consulting PartnerLoadstar Funding Co., Ltd. ( registered lender No. 東京都知事(4)第31574号) handles all lending operations and credit management for the OwnersBook platform. It originates, manages, and services the real estate-backed loans that are offered to investors through OwnersBook. LDF charges loan origination fees and handles collection/recovery in case of borrower default.

Scale indicators9 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• ASSECLI: Japanese real estate crowdfunding platform operated by ASSECLI Co., Ltd., offering lending-type and equity-type real estate investments to retail investors. Comparable business model, regulatory licensing, and target customer base to OwnersBook.
• CRE Funding: Japan-based real estate crowdfunding platform offering both lending-type and equity-type products to retail investors. Operates under Type II Financial Instruments Business license similar to OwnersBook and competes directly for Japanese retail capital seeking real estate-backed yield.
• CrowdStreet: US real estate investment platform offering individual deal and fund products to accredited investors. Comparable to OwnersBook's equity-type and US eREIT offerings in that it enables online access to institutional-grade commercial real estate investments.
• FANTAS funding: Japanese real estate and renewable energy crowdfunding platform operated by FANTAS Technology. Competes head-to-head with OwnersBook for Japanese retail investors seeking small-ticket real estate-backed investments, particularly in the lending-type product category.
• RealtyMogul: US-based real estate crowdfunding platform serving both retail and accredited investors with REITs and individual deals. Similar business model to OwnersBook, adapted for the US market with overlapping product types (debt and equity real estate exposure).
• Fundrise: US's largest real estate crowdfunding platform and OwnersBook's strategic partner since 2019. Both operate online platforms enabling retail investors to access real estate debt and equity products with minimum investments well below institutional thresholds, and jointly offer Fundrise's eREIT products to Japanese investors through OwnersBook.
• COZUCHI (LAETOLI): Tokyo-based real estate crowdfunding platform run by LAETOLI Corporation, offering priority/equity-type real estate investments to Japanese retail investors. A direct peer in the equity-type product segment of OwnersBook's offering.
• TECROWD: Tech-oriented real estate crowdfunding platform in Japan, offering lending-type real estate investment products. Comparable target market (Japanese retail investors) and regulatory structure (Type II Financial Instruments Business) to OwnersBook.

Broad incumbents

• Kenedix: Major Japanese real estate asset manager and REIT sponsor (Kenedix Residential Next, Kenedix Office, etc.). A broader incumbent operating in the same Japanese real estate investment ecosystem as OwnersBook, though focused on institutional-scale funds rather than retail crowdfunding.

Others

• Loadstar Funding: Sister company (group subsidiary) handling lending operations and credit management for OwnersBook. Operates as a registered moneylender (Tokyo Metropolitan Governor (4) No. 31574) and originates the real estate-backed loans offered on the OwnersBook platform; included because it is part of the integrated Loadstar group business rather than an independent competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key highlights7 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Loadstar Investments K.K.