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Rodrigo Niño, CEO and founder of Prodigy Network, is helping to revolutionize the commercial real estate industry through crowd-investing.
Niño, a Colombian native and a Manhattan resident, has proven Prodigy Network’s crowdfunding model as an efficient and secure mechanism that enables smaller investors to invest in specific projects that were solely accessible to the very wealthy before.
With this model, Rodrigo has raised more than $300 million from 6,200 investors and is currently developing commercial real estate projects in Bogota and Manhattan with a projected value of more than $850 million. Major money center banks like Deutsche Bank, CIBC and Bank of America provided traditional financing for Prodigy’s Manhattan projects, giving further validation to Niño’s model.
Beyond commercial real estate, Nino believes the crowd can finance the solution of many of its own urban needs in cities for a profit. According to Niño, this shared value paradigm can level up the playing field for everyone. He sees “the World Economy evolving into a Crowd – Economy, where profit and positive impact are democratically lined up “, thanks to technology and new legislation.
As a proponent of the Crowd-Economy as the main tool against inequality, Nino has spoken at worldwide conferences and was a noteworthy guest at NYU, MIT, Yale, Harvard University and the AEDES gallery in Berlin. Niño is often featured in leading publications, including The Wall Street Journal, Businessweek, Forbes, The Economist, The New York Times and Fast Company among others.