IDEAS home Printed from https://ideas.repec.org/p/hal/journl/hal-04761182.html
   My bibliography  Save this paper

Real estate crowdfunding and risk management: a legal and managerial approach
[Crowdfunding immobilier et gestion des risques : une approche juridique et managériale]

Author

Listed:
  • Gurvan Branellec

    (ISTEC - Institut supérieur des Sciences, Techniques et Economie Commerciales - ISTEC)

  • Ji-Yong Lee

    (Audencia Business School)

  • Philippe Castelnau

    (ETHOS - Ethique, Technologies, Humains, Organisations, Société - IMT-BS - Institut Mines-Télécom Business School - IMT - Institut Mines-Télécom [Paris], LITEM - Laboratoire en Innovation, Technologies, Economie et Management (EA 7363) - UEVE - Université d'Évry-Val-d'Essonne - Université Paris-Saclay - IMT-BS - Institut Mines-Télécom Business School - IMT - Institut Mines-Télécom [Paris], IMT-BS - DEFI - Département Data analytics, Économie et Finances - IMT - Institut Mines-Télécom [Paris] - IMT-BS - Institut Mines-Télécom Business School - IMT - Institut Mines-Télécom [Paris])

Abstract

Crowdfunding platforms for real estate are expanding. They allow individuals to pool their money with other investors to finance real estate projects. However, it is important to remember that this type of investment carries significant risks—both endogenous, linked to the developer's financial capacity and the various aspects of the real estate project, and exogenous, stemming from external environmental factors. Therefore, it is crucial that all concerned stakeholders implement risk management mechanisms. The purpose of this article is to present these mechanisms and provide recommendations to mitigate risks. To this end, this study draws on both applicable regulations and the literature in law and management sciences. It is also based on interviews conducted with actors involved in real estate crowdfunding to analyze the risk mitigation mechanisms implemented by these platforms.

Suggested Citation

  • Gurvan Branellec & Ji-Yong Lee & Philippe Castelnau, 2025. "Real estate crowdfunding and risk management: a legal and managerial approach [Crowdfunding immobilier et gestion des risques : une approche juridique et managériale]," Post-Print hal-04761182, HAL.
    • Handle: RePEc:hal:journl:hal-04761182
    DOI: 10.3917/mss.041.0142
    Note: View the original document on HAL open archive server: https://hal.science/hal-04761182v1
    as

    Download full text from publisher

    File URL: https://hal.science/hal-04761182v1/document
    Download Restriction: no
    File URL: https://libkey.io/10.3917/mss.041.0142?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:journl:hal-04761182. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.