Real estate crowdfunding startup RealtyShares hits hard times, halts new investments

Everything was going swimmingly for RealtyShares just over a year ago. The real estate crowdfunding startup has just purchased one of its biggest rivals, Acquire Real Estate, and had plans to grow its investment in commercial and multifamily real estate. But now, RealtyShares has fallen on hard times and will be laying off much of its staff and stop accepting new investments on its platform.