Recrowd Real Estate Lending Raises $74M in 2024, Confirms Leadership

Recrowd has released a report on the performance of its real estate lending crowdfunding platform for 2024.

In 2024, the platform raised €74.3 million through the financing of 68 proposed real estate projects, recording a 7% growth compared to 2023. A result that brings the historical total of capital raised by the platform, since its launch in 2019, to €191.4 million.

Recrowd was thus able to consolidate its leadership position in the Italian real estate lending market in 2024, with 52% of shares ( in 2024 the market in fact raised 143 million ).

The market share also grew in reference to the overall Italian real estate crowdfunding market (lending + equity): from 21% in 2023 to 26%.

Capital returned and interest recognized
2024 was a pivotal year for the return of capital to investors.

Recrowd reports that real estate proponents have repaid a total of €46 million, marking an increase of 71.5% compared to the €26.8 returned in 2023 and bringing the historical total of capital returned to €86,303,565.

In addition to the capital, €11 million in total interest was recognized, with an average annual yield of 10.3%.

Of the historical total of 243 projects that have raised on the platform, 138 have been reimbursed, of which 36 were returned early (for €19.9 million), 79 were returned on time (for €49.1 million) and 23 were returned late (for €17.2 million).

Recrowd’s commitment to recovering delayed positions

One aspect that Recrowd claims to take particular care of is the management of overdue positions and projects in “default”.

In 2024, the company has stepped up its efforts to deliver tangible results, stepping in directly to actively manage overdue positions and working with real estate developers to help capital recovery in the interest of investors.

Recrowd was thus able to contribute to the recovery of €11.1 million, including accrued, late or defaulted interests for a total of 13 resolved positions and with additional interests recognized up to the repayment date, equal to €524 thousand euros.

A commitment that has proven to be fundamental even in more complex situations, where the lack of collaboration on the part of the proponents has required targeted legal actions.

An important milestone was reached in 2024 with a conviction by the Court of Milan against a non-collaborative proponent, which established the investors’ right to the return of the sums disbursed, including accrued interest.

Community and investors

In 2024, there were 72,556 new users, an increase of 34% compared to 2023. The historical total of users on Recrowd has now exceeded 155,000 users.

Of these, 8,109 are active investors who have made 18,216 investments, with an average investment of €9,618.

The goals for 2025

In 2025, Recrowd will launch a dedicated app, designed to make the user experience even simpler, more intuitive and immediate.

It will also strengthen the approach to managing late projects, improving processes and ensuring even more transparent communication.

To this end, the company has started the procedure to obtain the 115 TULPS license, which will allow it to operate with even greater efficiency and protection for investors.

Another objective is the activation of new collaborations with important national players to improve the services offered to investors, improve the platform and guarantee greater security.

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(Featured image by geralt via Pixabay)

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