Prodigy Network Revenue

About Prodigy Network

Prodigy Network is the leading real estate crowdfunding platform in the United States. Focused primarily on prime commercial assets in Manhattan, Prodigy Network is democratizing real estate financing by giving smaller investors[1] access to institutional quality investments previously privy to the very wealthy. Through this model, Prodigy Network has raised over US$ 500 million from investors in 34 different countries and 27 US States. In addition to the “crowd”, Prodigy Network is able to leverage traditional financing from large institutions such as Deutsche Bank, Bank of America, and CIBC. The portfolio of 5 projects in Manhattan and 2 in Bogota[2] has an estimated value of $800 million. Prodigy Network initiated its track record in Manhattan through an extended stay property called AKA United Nations located on 234 E 46th Street. This was the first crowd funded project in New York, generating double digit returns to its investors. Prodigy Network is headquartered in New York City, with offices in Miami, Bogota, Buenos Aires, and Montevideo. [1] Investments from US$20,000 for accredited investors in the United States and from US $50,000 for international investors. [2] Prodigy Network’s Colombia portfolio consists of Exe 95 and ABH, two mixed use projects, crowdfunded and co-developed by Prodigy Network. Not included in this figure is BD Bacatá, a mixed-use project in Bogota, developed by BD Promotores, for which Prodigy Network ran the crowdfunding campaign and raised approximately US$190 million. Prodigy Network’s projects in Colombia are only offered to Colombian nationals in order to protect foreign investors from currency or country risk. Any reference to Prodigy Network’s fundraising efforts in other countries refers to fundraising allocated to the projects offered by Prodigy Network in Manhattan.

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