RT Journal Article
T1 Sustainability and Real Estate Crowdfunding: Success Factors
A1 Borrero Domínguez, Cinta Rocío
A1 Cordón Lagares, Encarnación Rocío
A1 Hernández Garrido, Rocío
AB The objective of this paper is to analyze the factors influencing the success of real estatecrowdfunding projects in Spain. This type of crowdfunding invests in real estate assets. We analyzed60 projects published on the Housers platform, a kind of participative platform that uses thelending and equity crowdfunding modalities. These projects have involved around 36,623 investmentdecisions and have raised a total amount of almost 26 million euros. The empirical analysis is based onordinary least squares and negative binomial regression. Our main findings reveal that success differsdepending on the type of project; in fact, buy-to-sell projects are less successful than developmentloan projects. In addition, while total return has a positive impact on project success, in the case ofrisk level and project term, the impact is negative.
PB MDPI
SN 2071-1050
YR 2020
FD 2020-06
LK http://hdl.handle.net/10272/18904
UL http://hdl.handle.net/10272/18904
LA eng
NO Borrero Domínguez, C., Cordón Lagares, E., & Hernández Garrido, R. (2020). Sustainability and Real Estate Crowdfunding: Success Factors. Sustainability, 12(12), 5136. DOI: https://doi.org/10.3390/su12125136
DS Repositorio Institucional de la Universidad de Huelva
RD 31 may 2026