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crowdfunding

KBS Launches $1 Billion Online Real Estate Fund Offering

KBS Growth & Income REIT has turned to private crowdfunding to continue raising money.

The Offices at Greenhouse in Houston is one of four owned by the new KBS fund Nontraded REIT KBS Growth & Income REIT, which closed its public offering in June 2017 after raising gross proceeds of just $6.7 million, has now turned to private crowdfunding to continue raising investment funds. KBS Growth & Income REIT launched its initial public offering in April 2016 hoping to raise $1.5 billion in two years.

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