Customer
GBPlatform is still good but investment… Platform is still good but investment oppty are difficult to get in. Looks like you may have too much demand and no supply. I have participated in 12 deals across different geography and assets. Performance: Just ok. Though we are facing unprecedented times none have performed exceptionally well and some deals are struggling. Transparency: CS can do better. Seems like CS only cares about raising fund after that we left on our own. You guys need to scrub projections better, seems to me sponsors are paining rosy picture which may be aggressive at times. I am not sure how accurately or completely you disclose performance on realized deals for checking track record CR: could be better, asking to fill out survey forms means you are getting very big and no more niche or boutique.
RD R
GBAfter monitoring crowdstreet deals for… After monitoring crowdstreet deals for a least a few years, I have found good deals far and few between, and when I find a deal it becomes oversubscribed quickly, and then you are waitlisted. This gives you very little time to fill out documents, especially if your trying to get verification. I completely agree with the other review - THERE IS NO DEFINED TIME TO GET YOUR DOCUMENTS IN. There should be at least 24 hours. This promotes good will, good business sense, and repeat business even though it may cost crowdstreet a little in the short run.
Joseph
GBCS brings many deals to the public CS brings many deals to the public, from many companies. You can invest in company A and may wait a while until another opportunity presents itself on their platform. NO WHERE does CS state your ability down the road to invest directly with Company A in a completely different venture will be blocked by CS!! This is wrong on so many levels. Greedy? Maybe. Deceitful? No doubt. Someone you want to do business with? Hell NO.
Alan Klainbaum
COI invested $25K in the Link Apartments… I invested $25K in the Link Apartments (Post Investment Group). The quarterly reports are incomplete. They were supposed to use the money to refurbish around 200 apartments and now they claim they don't plan on doing this with no explanation as to what they plan to do with the money. No matter what question I ask I never get a direct or complete reply. I feel totally scammed.
Todd Powell
GBNot so fast with Crowdstreet investing Some of their proven sponsors are failing clients. We lost $10K with a very proven sponsor and we can blame that on COVID if we want to. They lack solid management and direction it appears to me. Just my personal experiences and I have roughly $4 million is RE equites. I believe other investors will be losing money as well right now with “proven” sponsors due to headwinds we are facing in the economy. The RE deals just are not attractive and CS as a company seemingly lacks direction to pivot and face these challenges. This platform is not as shiny as one may believe and I own 100 doors on my own. I found another group called SNS capital who is not on CS or any other site who seems more prudent and disciplined and I have enjoyed the investment. My advice is to be wary looking to the future of the CS site.