CrowdStreet

98 San Jacinto Blvd 4th Floor, 78701, Austin, United States
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2.00
Based on 20 Reviews

5

0.00%

4

25.00%

3

0.00%

2

25.00%

1

50.00%
About CrowdStreet

With $3+ billion raised across more than 600 deals as of March 2022, CrowdStreet is the largest online private equity real estate investing platform. As reported by Dr. Adam Gower in Best Real Estate Syndication Platforms | Gower Crowd - UNLEASHED, published 2022, based on dollars raised by individual investors.

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RD R
GB

After 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.

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Doug Daniels
GB

Crowdstreet had inadequate diligence… Crowdstreet had inadequate diligence procedures in place when they started off, resulting in at least one inept sponsor listing on their platform. That sponsor is Tapestry which is in the senior housing business. A number of their ventures have gone south and they came up with various excuses other than the real reason - they didn't know what they were doing. On top of that they have recently gone radio silent. I will never again invest in anything on this platform.

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Alan Klainbaum
CO

I 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.

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Customer
GB

Platform 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.

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Adi
GB

I invested over a quarter million… I invested over a quarter million dollars on Crowdstreet , but I stopped giving them my money. Most deals are either modified drastically from the original terms or stuck in limbo without much investor updates. On most of their forums, I see investors clamoring for some sort of updates, but Crowdstreet is completely silent and absent. And regardless of whether you make any money or not, Crowdstreet does get paid very generous fees by the project sponsors.

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