Anonymous ID: dea34a June 13, 2021, 2:01 p.m. No.13895235   🗄️.is 🔗kun

How Did a Chinese Company In the US Real Estate Business Receive a Paycheck Protection Program Loan?

 

A Chinese-owned online Real Estate company called Fundrise is emerging as an important part of what appears to be the takeover of the American Real Estate Market; evidence has emerged that US Government funds enriched the company under the PPP loan program.

 

US House prices are currently being pushed up by pension funds and private-equity firms that are outbidding middle-class families and purchasing up to 24% of houses in some areas they then rent out, alarming people who want to own their own homes.

 

A 2014 Bizjournal.com article shows that Fundrise is a Chinese Owned Company that gives access to social media users to purchase real estate:

 

As for why a Chinese social media company with 206 million users would want to invest in Fundrise, it’s a little hard to say beyond the most obvious reason that Renren, which is the Chinese word for “everyone,” clearly thinks Fundrise is a winning choice to put money into. Many of it might come from the broader interest by Chinese companies in investing in U.S. companies and real estate. It could also be the crowdfunding aspect that is a fast-growing part of the market, not only for personal projects but also for major hardware like the Oculus Rift virtual reality headset or the recent solar-powered highway.

 

According to Fundrise’s 2020 investment update page, they received a PPP loan:

 

“we were extremely fortunate to receive an SBA Paycheck Protection Program (PPP) loan.”

Paycheck Protection Program (PPP) An SBA-backed loan that helps businesses keep their workforce employed during the COVID-19 crisis.

 

According to their Wikipedia page:

 

“Fundrise is a Washington, D.C.-based financial technology company founded in 2010 that operates an online investment platform. Fundrise has been labeled as the first company to successfully crowdfund investment into the real estate market”

 

In 2014, Bizjournal reported on the Metro areas where the group was most successful:

 

Fundrise has pretty inarguably already become a success story, with close to a million dollars pledged through its platform every week, more that $15 million from over a thousand investors since the company began in 2010. Projects in not only the D.C. area, but New York, Los Angeles, Chicago, Detroit and San Francisco as well have all been funded by the platform.”

 

“This raise represents Wall Street’s and Commercial Real Estate’s embrace of crowdfunding as the future of real estate finance and investment,” said Fundrise co-founder Ben Miller.

 

How did a Chinese-owned company ever receive US government money?

 

https://www.thegatewaypundit.com/2021/06/looming-housing-crisis-manipulated-chinese-comapny-fundrise-got-ppp-loan/

Anonymous ID: dea34a June 13, 2021, 2:03 p.m. No.13895259   🗄️.is 🔗kun

Son of prominent South Carolina legal family found murdered with mom may have been target

 

The son of a prominent South Carolina attorney found murdered on his family’s property may have been the intended target of the shooting, which also left his mother dead, according to a local report.

 

Investigators are probing the possibility that 22-year-old Paul Murdaugh — who was facing trial in connection with the death of a teenage girl — may have been the one marked in the attack, The Island Packet reported.

 

The University of South Carolina student and his mom, Maggie Murdaugh, 52, were found shot to death Monday on their sprawling estate in the center of the state.

 

Paul had been facing three felony counts of boating under the influence in connection with a 2019 boat crash that killed 19-year-old Mallory Beach.

 

Investigators have theorized that the killer or killers were gunning for him, and his mother was killed by happenstance, according to the Island Packet.

 

It remains unclear if the shootings were related to the 2019 tragedy, the report said. No arrests have been made.

 

Sources told the newspaper that Paul was shot at least twice with a shotgun, while Maggie was killed with what appears to be an assault rifle.

 

The family is connected to one of South Carolina’s most prestigious law firms

 

Alex Murdaugh, the husband and father of the victims, works at Peters, Murdaugh, Parker, Eltzroth and Detrick, which was founded by Randolph Murdaugh in 1910.

 

Randolph Murdaugh III, 81, died just three days after the family tragedy, the law firm said.

 

The late lawyer and his father and grandfather were all longtime elected prosecutors in the Beaufort community.

 

The Beach family, which reportedly remains entangled in a civil suit against the Murdaugh family after the criminal case ended with Paul’s death, issued a statement of solidarity.

 

“Having suffered the devastating loss of their own daughter, the family prays that the Murdaughs can find some level of peace from this tragic loss. They would like the family and the community to know that their thoughts and continued prayers are with the Murdaughs,” the family said in a statement to WTOC 11.

 

https://nypost.com/2021/06/12/son-of-prominent-south-carolina-family-may-have-been-double-murder-target/

Anonymous ID: dea34a June 13, 2021, 2:19 p.m. No.13895379   🗄️.is 🔗kun

AI can only operate on information and ideas already invented

 

Those created in the image of the most high are also creators and can ever expend the thinking!

 

GOD WINS