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!

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.

Good site to find private equity deals Good site to find private equity deals. However, you need to do YOUR due diligence. CS is a marketplace for deals, and although they have their own process to filter out sponsors, they do not undertake the risk, you do. It’s not like Costco where you can return a defective product to the store vs the manufacturer. Look around the site, review track records, and talk to the sponsors and make sure what they write in their offering documents is plausible.

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.

Watch out we have Invested in Multiple offering. Last one they brought OC-Ventures.com for XChicago student Housing who is Fraudulent, Could not close Deal, and refuses to Refund money back since August 2022. Crowdstreet of No help even though they didn't do due diligence and brought them to platform. No phone number for customer service, when you write email, They reply but don't answer your questions. One has to take legal action on Crowdstreet and sponsor. As long as everything goes o.k. you are ok, but when things go wrong , you are on your own . NO HELP FROM CROWDSTREET. They are in for their 2 % every year from your investment. I would give 0 star, If there was choice. Remember This is not about Investment went sour due to real estate market, This is simple Fraud, Investors money taken on crowdstreet platform, No Investment done and No refund.