sponsors should be required to report quarterly. i own 10 projects over the past year. After a learning curve the process improved. The moderators of the webinars need to dress and present as more professional and business oriented. The sponsors are mostly poor at even quarterly updates. I have found them to be responsive to questions but seems crazy that they need to answer similar questions repeatedly when more regular reports would solve the problem.

Enrollment must be streamlined 4 areas for improvement 1. Enable holding funds in a pre-paid account so that deals can be funded quickly 2. DO NOT enable "INVEST NOW" until the presenters have presented their presentation. Q&A can be arranged anytime. 3. Enable completion of a lot of boiler-plate paperwork at the time of listing...and not have it slow-down the funding process. 4. DO NOT ASK for redundant docs, like company formation, which you already have on file.

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.

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.

A bunch of jokers I've invested in 8 deals on CrowdStreet starting in 2018. One recent deal that I'm in went south, where a sponsor (Nightingale Properties) stole investors' money and bought watches, real estate, and First Republic call options with it. What did CrowdStreet do? They sent a number of emails claiming that this was not their fault, that they properly did their due diligence. What kind of legal settlement did they offer? Can you guess? They offered to loan the bankrupt entity $5M (<10% of funds that investors lost), which they will fully get back. In other words, they will likely get off Scott-free. And this all precipitated their move to escrow accounts (um...maybe you guys should have thought of that sooner?). My favorite are the emails saying that they did their due diligence, despite the fact that there were articles in the Wall Street Journal citing the major omissions in the sponsor's performance record. In other words, they knew the sponsor was lying but they said no big deal, these guys are legit. And then they take no responsibility. AVOID CROWDSTREET!