Investors, Please note that the Legacy Platform of Patch of Land Inc, completed an asset sale on July 27th of 2021. All remaining crowd assets, loans and investments are being actively managed in an effort to wind down the platform, with an expected cessation of business activities by the end of the year 2022. Due to limited remaining resources, property updates may not be available and are being made upon request. For information regarding any remaining portfolio or for any questions or concerns, please contact [email protected]

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Recap: RECFEN & LA Marketplace Lending Meetup

This past Tuesday, Patch of Land and Orchard Platform co-hosted the 2nd Real Estate Crowdfunding Education & Networking (RECFEN) & Los Angeles Marketplace Lending Meetup at Patch of Land’s new office.

This Meetup provided the opportunity for attendees to network with sponsors, investors, and professionals involved with numerous online portals within the real estate crowdfunding & marketplace lending space.

Eric Thaller, VP of Investor Services at Prosper Marketplace, Inc., presented and spoke about their company's concept of The Necessary 9.

Necessary 9

1. Pricing
2. Data
3. Diversity of Investors
4. Diversity of Borrowers
5. Ecosystem
6. Mobile
7. Safety & Soundness
8. ECM
9. Trust, Transparency, and EAU

Prosper - The Necessary 9


The event attracted a large number of individuals eager to learn more about this new booming alternate lending marketplace.  Overall, the meetup was a huge success and we will be followed up by more organized networking opportunities in the new year.



Eric Thaller, VP of Investor Services, Prosper



Meetup co-hosts Patch of Land, Orchard Platform; Guest speaker Prosper; with sponsors Pepper Hamilton and BakerHostetler


Networking at the new Patch of Land offices

For more photos visit the Meetup group page


We thoroughly enjoyed co-hosting this event and thank those who attended. Special thanks to Orchard Platform for co-hosting, and to Pepper Hamilton and BakerHostetler who helped sponsor this meetup. For more information on future events, stay tuned to our live webinars and blog posts. Were you able to attend this event? If so, leave a comment and let us know how you liked it.

If you want to learn more, take a look at some of the most commonly asked questions we receive about real estate crowdfunding on a daily basis and find out why so many people are crowdfunding real estate projects across the country with Patch of Land.
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