Concreit launches app enabling $1 real-estate investments after $6M seed round led by Matrix Partners

Seattle-based Concreit launched a mobile app this week that lets users invest in its real estate fund from as little as $1, backed by a $6 million seed funding round. The fund, co-founded by CEO Sean Hsieh, has an annualized return of 5.47% (July 1, 2020–July 1, 2021) and offers weekly payouts or on-demand withdrawals.

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