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The crowdfunding effect on property investment in South Africa

Blog, Investing, Investing, Investor Basics, Uncategorized /

With the popularity of crowdfunding property investments growing in following, South Africans now have the option to crowdfund their real estate investments through Wealth Migrate. It’s Chief Investment Officer Riaan van der Vyver, voices his opinion on why this is an ideal scenario for local investors.

Wealth Migrate’s category one licence is a game-changer

Just as crowdfunding relies on the spirit of collaboration, this is also necessary for it to become a successful solution in South Africa. Local investors will now benefit from Private Global Wealth holding a category one crowdsourcing licence from the Financial Services Conduct Authority, as this allows the company ‘’to provide its crowdfunding offering on an intermediary services basis using shares as a financial product category.” [1]

“For many early adopters of crowdfunding in Africa, particularly those using crowdfunding to raise equity, self-regulation is a challenge and an opportunity.” [2]

The real benefit to South African investors

Investors have access to a legitimate and credible ‘’funding channel for asset classes’’ through Wealth Migrate.[3] Once a sponsor passes the due diligence, a deal is put onto the platform’s marketplace, and the company takes on the responsibility of co-raising capital on the deal, with all details disclosed in full on the marketplace. 

Van der Vyver highlighted that this crowdfunding method is for unlisted real estate in any alternative asset class, which makes Wealth Migrate’s role as an institutional investor easier for lowering costs and providing better transparency of deals.[4] This is enabled through a special purpose vehicle (SPV) such as a structured note.

Crowdfunding: a future-forward opportunity

The main challenge with crowdfunding real estate is the model and structure of administrative fees, as this typically ranges from 2.5%-10% and may not include the actual transaction fee.[5] Globally since 2010, the crowdfunding equity market has become increasingly appealing to individuals who want to grow their wealth but lack sufficient capital to invest without the power of a group fund.[6] More and more, investors are also looking to diversify their asset portfolios while making use of convenient online websites or apps.[7]

[1] CNBC Africa. (May 2021). ‘FSCA grants Wealth Migrate licence to offer crowdfunding services’. Retrieved from CNBC Africa.
[2] Parker, D. (October 2019). ‘Crowdfunding on the rise in Africa’. Retrieved from Creamer Media
[3] CNBC Africa. (May 2021). ‘FSCA grants Wealth Migrate licence to offer crowdfunding services’. Retrieved from CNBC Africa.
[4] CNBC Africa. (May 2021). ‘FSCA grants Wealth Migrate licence to offer crowdfunding services’. Retrieved from CNBC Africa.
[5] Shneor, R., Zhao, L., and Flåten, B. (2020). ‘Advances in crowdfunding: research and practice’. Retrieved from Palgrave MacMillan.
[6] Raymond, R. (2015). ‘Six things you need to know about crowdfunding in developing countries’. Retrieved from World Bank Blogs.
[7] Shneor, R., Zhao, L., and Flåten, B. (2020). ‘Advances in crowdfunding: research and practice’. Retrieved from Palgrave MacMillan.

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Linden Booth accepted into Forbes Technology Council

Media, Press Release, Uncategorized /

Cape Town, South Africa. Global Wealth Group, a leading meta-marketplace offering opportunities for investors to crowdfund property, announced today that its Head of Product and Chief ProductOfficer of WealthPoint, Linden Booth has joined the Forbes Technology Council. This is aninvitation-only community for respected technology leaders and senior level executives, and Booth was vetted and selected by a review committee based on the depth and diversity of his experience.

Chairperson of Global Wealth Group Willem van der Post heralds this outstanding achievement, “we strongly believe in the potential of FinTech and are proud to have someone of Booth’s calibre as part of our leadership team”.

“We are honoured to welcome Linden Booth into the community,” said Scott Gerber, founder of Forbes Councils, the collective that includes Forbes Technology Council. “Our mission with the Forbes Councils is to bring together proven leaders from every industry, creating a curated, social capital-driven network that helps every member grow professionally and make an even greater impact on the business world.”

As an accepted member of the Council, Booth believes the platform is an exciting opportunity to further explore how financial technology can continue to be a tool for social entrepreneurship. 

“As someone based in South Africa, with an internationally distributed team and client base, I look forward to contributing to the Council froma broader global perspective. Being a member of the Council provides me with a privileged position of influence to keep exploring how we can better use technology to help close the global wealth gap.”

About Forbes Councils
Forbes Councils is a collective of invitation-only communities created in partnership with Forbes. and the expert community builders who founded Young Entrepreneur Council (YEC). In Forbes Councils, exceptional business owners and leaders come together with the people and resources that can help them thrive.

For more information about Forbes Technology Council, visit forbestechcouncil.com. To learn more about Forbes Councils, visit forbescouncils.com.

About Global Wealth Group
As a global company, we are purposefully driven to help close the global wealth inequality gapwith a FinTech solution that offers commercial real estate and other asset class opportunities to investors worldwide. 

Our meta-marketplace handles all primary market transactions and grants investors and investor networks access to multi-financial asset classes, global compliance, a payment system, and personalised digital wallets. Global Wealth Group expanded this business model to offer business to consumer (B2C) and business to business (B2B) opportunities through its associate brands.

About WealthPoint
This mature global meta-marketplace is a proof of concept on the B2C side of Global Wealth Group’s offering. Investors can access a complaint and well-regulated platform to invest in a range of diverse institutional-quality property deals. Usually, individual investors lack the access and wealth to invest in such deals, but this digital platform creates an opportunity for a more accessible means of wealth creation.

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The future of senior living in the US

Crowdfunding, Investing, Real Estate, Real Estate Investment, Uncategorized /

The advent of Kathleen Casey Kirschling’s 75th birthday denotes not only a long-lived life, she’s also the oldest baby boomer on record out of an estimated 76 million baby boomers born between 1946 and 1964.[1] As the population of baby boomers around the world ages in the upcoming years, there will be more demand for senior living needs and accommodation,[2] especially as it has been predicted that baby boomers will live “well into the second half of this century”.[3]

The advent of Kathleen Casey Kirschling’s 75th birthday denotes not only a long-lived life, she’s also the oldest baby boomer on record out of an estimated 76 million baby boomers born between 1946 and 1964.[1] As the population of baby boomers around the world ages in the upcoming years, there will be more demand for senior living needs and accommodation,[2] especially as it has been predicted that baby boomers will live “well into the second half of this century”.[3]

A recent webinar from a panel at Cornell University highlighted some major changes with COVID-19 and the impact the pandemic has had on senior living. Senior living is a specialised field as it overlaps in the hospitality, healthcare, and real estate sectors. Due to the economic downturn in 2020, there was less capital for both the operators and the residents. Another big concern is how facilities are dealing with visitors and staff during COVID-19, with the biggest issue facing seniors being loneliness and depression from the social distancing, and the lack of community that the seniors are used to having before.[4] As the focus on senior living has become increasingly important, there’s been a noticeable shift on improving acute care needs.[5]

Going forward, in-home care is also going to be an alternate solution, particularly for areas without large senior living centres.[6] As people are living longer and healthier lives even though retirement age hasn’t changed, the current generation is more open to the idea of living independently from their children and grandchildren. With the massive upcoming wave of baby boomers, the demand for senior living will be a major focus for investors that partner with the right operators and strategies.

With the COVID-19 pandemic, there is a risk that senior living accommodation may be underfunded or neglected due to funds being prioritised for other human needs.[7] The McFarlin Group is a specialised Dallas-based firm that focuses on senior living accommodation and has launched a $100 million fund to purchase these types of assets due to the high need for facilities like this in the future.[8]

As the demand for this type of accommodation continues to rise, and investor interest increases, the MacFarlin Group is hoping to position their company to take advantage of the high demand, while investing in senior living accommodation and upgrading the facilities they acquire.[9] This creates a win-win situation for baby boomers looking for appropriate senior living accommodation and investors looking to invest in the real estate market.

[1] Jones, L. (December 2020). ‘The first baby boomer is turning 75. Okay Boomers?’. Retrieved from U.S. 1.
[2] (November 2020). ‘The future of senior living’. Retrieved from eCornell.
[3] Jones, L. (December 2020). ‘The first baby boomer is turning 75. Okay Boomers?’. Retrieved from U.S. 1.
[4] (November 2020). ‘The future of senior living’. Retrieved from eCornell.
[5] Committee on Guidance for Establishing Crisis Standards of Care for Use in Disaster Situations, Institute of Medicine (March 2012). ‘Crisis standards of care: A systems framework for catastrophic disaster response’. Retrieved from NCBI.
[6]  Pearson, F. et al. (April, 2019). ‘The forgotten middle: Many middle-income seniors will have insufficient resources for housing and health care’. Retrieved from Health Affairs.
[7] Sudo, C. (April 2020). ‘McFarlin Group raising $100m fund to target Covid-19 distressed senior housing’. Retrieved from Senior Housing News.
[8] Sudo, C. (April 2020). ‘McFarlin Group raising $100m fund to target Covid-19 distressed senior housing’. Retrieved from Senior Housing News.
[9] Sudo, C. (April 2020). ‘McFarlin Group raising $100m fund to target Covid-19 distressed senior housing’. Retrieved from Senior Housing News.

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Wealth Migrate Whitepapers

Real Estate, Uncategorized /

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Valuable insights you will learn:

  • What global real estate trends to look out for.
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