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April 22, 2019 Comments Off on CrowdStreet Crosses $500M Online CRE Investment Threshold Views: 1349 National News, Oregon, Portland, Seattle & Pacific Northwest News, West

CrowdStreet Crosses $500M Online CRE Investment Threshold

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Portland, OR-based CrowdStreet Inc. crossed the $500 million threshold in total online investments, with a record number of new individual investors in March. The activity accompanies a record quarter that accounted for more than $75 million invested.

Q1 ended with more than $525 million invested on the CrowdStreet marketplace since inception (April 2014-March 2019). Roughly $11.9 billion of property value has transacted through the marketplace since inception.

Among the notable fundraises was a sponsor raising more than $4 million in offers in just over an hour. The inaugural fund of the CrowdStreet Blended Portfolio raised more than $9 million from 198 investors in two months.

CrowdStreet Tore C. Steen says, “Crossing over the $500 million mark is a significant milestone that clearly demonstrates that online investing in commercial real estate is here to stay.”

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