February 20, 2020
Portland-based CrowdStreet, Inc. reports its platform crossed the $1 billion milestone in total online investments by individual investors. Investors have also received more than $100 million in returns since the CrowdStreet Marketplace launched in 2014.
CrowdStreet’s Tore C. Steen says, “Crossing the $1 billion mark for equity invested is a significant milestone for CrowdStreet and for the commercial real estate industry overall. It’s a virtuous cycle that’s resulted in CrowdStreet having one of the largest and most diverse online Marketplaces for developers and operators to raise capital, and for individual investors to diversify their investment portfolios,”
In six years, CrowdStreet’s created a community where more than 80,000 investors and 193 real estate operators and developers have had the opportunity to fund commercial real estate projects. 2019 proved to be a record year for CrowdStreet with $511 million invested through the platform into 111 offerings, which was more than the prior five years combined.
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