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Crowdfunding Marketplace Hits $500M Mark

CrowdStreet crossed the $500 million threshold in total online investments last month, with many of the funded projects under the radar of large institutional equity investors.

Tore Steen Steen says there is pent-up demand that crowdfunding is uncorking as it reaches more investors.

PORTLAND, OR—CrowdStreet’s online marketplace for direct equity commercial real estate investment crossed the $500 million threshold in total online investments last month. This represented a record number of new individual investors on the platform.

The news accompanies a record quarter with more than $75 million invested by individuals in commercial real estate deals on CrowdStreet. The first quarter ended with more than $525 million invested on the CrowdStreet Marketplace since its foray into office, multifamily, hotel, retail and industrial transactions (April 2014 to March 2019). In fact, since its inception, approximately $11.9 billion of property value has been transacted through the Marketplace.

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Lisa Brown

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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