Cofounder jason fritton promoted to executive chairman. View jason fritton s professional profile on linkedin. Through extensive research and consultation they developed an investment structure using the underlying collateral as security, which is a first for real estate crowdfunding. Jason launched patch of land when the sec implemented title ii of the jobs act in 20 based on his vision to evolve real estate financing to be techenabled, datadecisioned, and easily accessible to a marketplace of borrowers and investors. His brother had a vision for how technology could change the real estate market and together, the brothers formed what would become patch of land. Jason fritton originally conceptualized patch of land in early 2011 as a means to help rescue parts of chicago devastated by the real estate crash. Jason fritton is the cofounder and chief executive officer at patch of land. Jason fritton was an early supporter of crowdfunding capital formation exemptions that would later become a part of the jobs act, a 2012 law that gave way to innovative real estate finance organizations. Apr 25, 2016 jason and paul make a great team and i am excited to watch them scale patch of land. Feb 01, 2016 patch of land chief executive jason fritton has adjusted his investor presentation because of a changing fundraising climate, but he remains confident his company will secure fresh capital. Since its founding in 20, patch of land has steadily grown its presence as a leading online real estate lending platform. Patch of land offers borrowers access to reliable capital for residential and commercial real estate projects, while providing investors easy diversification into real estate with low minimums and a bestinclass secured loan structure. He has been involved with crowdfunding legislation since the beginning and worked with congressmen to lobby for the crowdfunding.
Find contacts direct phone number, email address, work history, and more. Jason fritton assumes ceo position at patch of land american. Patch of lands competitors, revenue, number of employees. Patch of land returns seeker online investing guide.
He originally conceptualized patch of land in 2011 as a means to help rescue parts of chicago devastated by the real estate crash. Patch of land is a peer to peer real estate crowd financing platform that offers residential and commercial real estate loans. Patch of land chief executive jason fritton has adjusted his investor presentation because of a changing fundraising climate, but he remains confident his. Patch of land brings in oaktree capital management. Curated, prevetted real estate investments made possible through crowdfunding. Provider of an online marketplace intended to offer real estate investment and lending services.
Cofounder jason fritton steps back into leadership role. Jason fritton, ceo of the crowdfunding platform patch of land, left, and david berneman of golden bee properties in one of the homes they plan to renovate. He leads toplevel initiatives and operations, ensuring that the companys service offerings, due diligence practices. The companys online marketplace online marketplace provides access to crowd funded real estate rental investment services and also originates, underwrites and completes due diligence on the real estate projects listed on their platform, enabling individual and institutional investors. A successful ecommerce entrepreneur, today hes regarded as one of this industrys business rockstars. View jason frittons professional profile on linkedin. The companies were formed over a four month period with the most recent being incorporated five years ago in january of 2015. Jason and paul make a great team and i am excited to watch them scale patch of land. Jason fritton overview jason fritton has been associated with two companies, according to public records. Patch of land offers debtbased crowdfunding solution.
Patch of land american association of private lenders. Property is becoming so expensive in new york city that its pushing middle class families further into the suburbs. Patch of land, a leading online real estate lending marketplace engineered to help real estate investors build wealth and generate cashflow, has announced that paul deitch, the companys ceo since april 2016 will be stepping down for personal reasons. He leads toplevel initiatives and operations, ensuring that the companys service offerings, due diligence practices, and client services are best in class. You consent any photography, audio recording, video recording and itstheir release, publication, exhibition or reproduction to be used for news, web casts, promotional purposes, telecasts, advertising, inclusion on websites, or any other purpose by aapl and its representatives. When he formed patch of land, jason fritton hadnt had any career experience related to real estate. Patch of lands chief executive officer, jason fritton, explains the benefits of patch of land moving into the commercial lending space and what it means for the company, the platform, and its investors. Jason fritton is cofounder and ceo of the leading online marketplace lender, patch of land. Patch of land president jason fritton states, these communities are seeing incredible upward pressure from the city and thats providing some great opportunities in the residential rehab market. Linkedin is the worlds largest business network, helping professionals like jason fritton discover inside connections to recommended job.
You consent any photography, audio recording, video recording and itstheir release, publication, exhibition or reproduction to be used for news, web casts, promotional purposes, telecasts, advertising, inclusion on websites, or. Hed been an entrepreneur for a very long time and had built up a company that was. C eo and cofounder of patch of land, jason fritton and his brother brian, started in 2010 with an idea about a crowdfunded real estate platform. Patch of land was started by two brothers, jason fritton, an ecommerce entrepreneur, and brian fritton, a software engineer, and system architect. Nov 01, 2017 paul deitch, who has been ceo of patch of land since 2016, has stepped down from the role. How crowdfunding has made flipping houses a lot easier. Paul deitch, who has been ceo of patch of land since 2016, has stepped down from the role. Patch of land brings in oaktree capital management executive. Jul, 2015 ceo jason fritton gave an exclusive interview with benzinga last week to discuss some of the unique aspects of the patch of land peertoreal estate p2re platform. Aug 17, 2015 jason fritton of patch of land joins us on the expert tip show to discuss where crowdfunding as been, where its going from here, and how to get involved.
Ceo jason fritton gave an exclusive interview with benzinga last week to discuss some of the unique aspects of the patch of land peertoreal estate p2re platform. Jason has been involved with crowdfunding legislation since its beginning and worked with congressmen to lobby for the. Create an account and gain access to national opportunities. The impetus for jason frittons story wasnt a happy one.
Jason originally conceptualized patch of land in early 2011 as a means. Patch of land s chief executive officer, jason fritton, explains the benefits of patch of land moving into the commercial lending space and what it means for the company, the platform, and its investors. In april 2016, the company brought on paul deitch from oaktree capital management as chief executive officer. As the cofounder and ceo at patch of land, jason fritton leads one of the top national alternative real estate lenders and crowdfunding platforms in the country. Jason fritton is chairmancofounder at patch of land inc.
It was an aspirational, somewhat naive goal of his to start a real estate company, as he describes it, and he came into it with absolutely no knowledge beforehand. Oct 23, 2019 view jason fritton s business profile as chief executive officer at patch. Jason originally conceptualized patch of land in early 2011 as a means to help rescue parts of chicago devastated by the real estate crash. Apr 26, 2016 jason launched patch of land when the sec implemented title ii of the jobs act in 20 based on his vision to evolve real estate financing to be techenabled, datadecisioned, and easily accessible to a marketplace of borrowers and investors. Through extensive research and consultation they developed an investment structure using the underlying collateral as security, which is.
Like all american cities, chicago is a tale of two cities. Patch of land is a real estate marketplace lender that uses proprietary technology and. One of the companies is still active while the remaining one is now listed as inactive. Jason fritton is cofounder and ceo of the national alternative real estate lender and crowdfunding platform, patch of land. Patch of lands jason fritton on how to finance your real. Patch of land invests its own money into prefunding approved residential and commercial loan deals, so you know they believe in their own product.
Feb 12, 2016 jason fritton, ceo of the crowdfunding platform patch of land, left, and david berneman of golden bee properties in one of the homes they plan to renovate. According to patch, jason fritton, cofounder and chairman of. Customer service is readily accessible, with even the ceo and board members email addresses posted on the site. According to patch, jason fritton, cofounder and chairman of the board, will take over as ceo effective. As a result, jason fritton, cofounder and chairman of the board, will return to the role. After the real estate crash in states, jason fritton, a successful ecommerce entrepreneur wanted to do something to do something to repair the community to come out from the devastation caused by the crash and wanted to. Jason fritton, executive chairman at patch of land. Patch of lands jason fritton is real estates crowdfunding. I have been working at patch of land fulltime for more than 3 years. Jason fritton and his team spent over a year working on a secured debt investment structure for their real estate crowdfunding startup patch of land. Patch of land, a leading online marketplace lender for real estate, announced today the appointment of paul deitch, from oaktree capital management, t. Aug 28, 2015 view jason frittons professional profile on linkedin.