SYS-CON MEDIA Authors: Zakia Bouachraoui, Elizabeth White, Liz McMillan, William Schmarzo, Dana Gardner

News Feed Item

99,000 Investors and $5.8B in Commercial Properties Now on CrowdStreet, Which Is Emerging as Powerhouse in Online Real Estate Investing

- Marketplace and software business growing rapidly as company helps move industry online, expands individual investor base, and closes 200th online offering

PORTLAND, Ore., April 17, 2018 /PRNewswire/ -- With a steady focus and at an accelerated pace, CrowdStreet is moving the fundraising component of the $15-trillion commercial and multifamily real estate business online, helping real estate developers and operators raise capital and acquire new investors online, and helping high-net-worth investors build wealth through online real estate investing.

CrowdStreet's New Logo.

With more than 99,000 investors now on its platform, CrowdStreet is one of the largest platforms for online real estate investing.  CrowdStreet operates a marketplace for direct equity investment in institutional-quality commercial real estate (CRE), and provides project sponsors with investment management software to automate and enhance investor relations and manage portfolios, including offerings, online.

Key Metrics as of March 31, 2018

  • 99,000+ investors on CrowdStreet platform (up 135% over 12 months ended March 31)
  • $5.8B managed on CrowdStreet platform (up 88% last 12 months)
  • 1,850+ sponsor investments managed on CrowdStreet platform (up 135% last 12 months)
  • 195+ sponsors on CrowdStreet platform (up 96% last 12 months)

Other recent milestones:

  • 250MM+ capital raised in CrowdStreet marketplace (since inception)
  • 200th offering in CrowdStreet marketplace
  • New sponsors including Hines (investment software) and KBS (investment software and marketplace offering) became customers of CrowdStreet
  • First high-rise office building offering in a CBD
  • Largest single capital raise for one offering ($12MM)

"2017 was a transformative year for CrowdStreet," said Tore Steen, CrowdStreet CEO.  "In the past year we've seen a major velocity in our business.  We are gaining momentum and bringing larger offerings from more super-regional and national players to market.  Sponsors increasingly recognize that moving their fundraising online streamlines operations and brings them more investors, and high-net-worth investors increasingly recognize that they can build wealth by investing in real estate online through CrowdStreet."

"With premium products for sponsors and investors, CrowdStreet is well on its way to becoming the industry standard fundraising and investment management platform for sponsors, and the go-to marketplace for institutional quality investment opportunities for high-net-worth investors intent on building wealth by investing in real estate."

New Branding Unveiled Today

Today CrowdStreet unveiled a new logo, website design and tagline that better reflect the company's values and differentiation.  The new marketing tagline is "Build Wealth," which speaks to why investors and sponsors alike invest in real estate and use the CrowdStreet platform and services.

Also today, the company branded its offerings for sponsors, including investment software and marketplace solutions, under a new sub-brand, CrowdStreet Connect, which provides sponsors with the ability to strengthen relationships with existing investors as well as connect with new investors through CrowdStreet.

Product Enhancements for Sponsors and Investors

CrowdStreet is committed to continuing to improve the customer experience through ongoing product enhancements.  In the past five months CrowdStreet has implemented several product updates to support the brand launch to ensure sponsors and marketplace investors have a premium experience:

  • Sponsors have new tools to manage the flow of capital through the lifecycle of a real estate investment.
  • Sponsors can manage access of sensitive information for high-net-worth investors throughout their organization in a secure environment.
  • Marketplace investors can visualize their CRE portfolios dynamically with easy-to-follow graphs and charts.
  • Marketplace investors can download and share portfolio information with their tax and investment advisors.
  • Marketplace investors can identify investment opportunities in the marketplace using newly advanced filtering to more easily find the investment opportunities that meet their portfolio needs.

Additional product enhancements are planned for 2018 to continue to support CrowdStreet's premium brand and position in the market.  

About CrowdStreet

CrowdStreet is the premium provider of online commercial real estate investment marketplace, technology and professional services.  Investors can directly access institutional-quality commercial real estate offerings with CrowdStreet's online investing platform.   For CRE developers and operators, CrowdStreet Connect provides a platform to manage investors and investments, and to raise capital to grow their business.  CrowdStreet maximizes opportunities for investors by diversifying outside of the traditional avenues of the stock market, better distributing risk and fundamentally transforming real estate investing through technology.  Together, we are creating a community where individual investors and CRE firms are working together to maximize wealth through commercial real estate.  The CrowdStreet senior leadership team has 120+ years of combined experience in real estate, technology, online marketing and private equity.  For more information, please visit CrowdStreet.com.

Media contacts for more information:
Cary Brazeman and Victoria Ozols
(310) 205-3590
[email protected]

 

Cision View original content with multimedia:http://www.prnewswire.com/news-releases/99-000-investors-and-5-8b-in-commercial-properties-now-on-crowdstreet-which-is-emerging-as-powerhouse-in-online-real-estate-investing-300630943.html

SOURCE CrowdStreet

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Organize your corporate travel faster, at lower cost. Hotailors is a next-gen AI-powered travel platform. What is Hotailors? Hotailors is a platform for organising business travels that grants access to the best real-time offers from 2.000.000+ hotels and 700+ airlines in the whole world. Thanks to our solution you can plan, book & expense business trips in less than 5 minutes. Accordingly to your travel policy, budget limits and cashless for your employees. With our reporting, int...
DXWorldEXPO LLC announced today that the upcoming DXWorldEXPO | DevOpsSUMMIT | CloudEXPO New York will feature 10 companies from Poland to participate at the "Poland Digital Transformation Pavilion" on November 12-13, 2018. Polish Digital Transformation companies which will exhibit at CloudEXPO | DevOpsSUMMIT | DXWorldEXPO include All in Mobile, dhosting, Cryptomage, Perfect Gym, Polcom, Apius Technologies, Aplisens, ELZAB SA, TELDAT, and Rebug.io.
Enterprises are universally struggling to understand where the new tools and methodologies of DevOps fit into their organizations, and are universally making the same mistakes. These mistakes are not unavoidable, and in fact, avoiding them gifts an organization with sustained competitive advantage, just like it did for Japanese Manufacturing Post WWII.
Whenever a new technology hits the high points of hype, everyone starts talking about it like it will solve all their business problems. Blockchain is one of those technologies. According to Gartner's latest report on the hype cycle of emerging technologies, blockchain has just passed the peak of their hype cycle curve. If you read the news articles about it, one would think it has taken over the technology world. No disruptive technology is without its challenges and potential impediments t...
There's no doubt that blockchain technology is a powerful tool for the enterprise, but bringing it mainstream has not been without challenges. As VP of Technology at 8base, Andrei is working to make developing a blockchain application accessible to anyone. With better tools, entrepreneurs and developers can work together to quickly and effectively launch applications that integrate smart contracts and blockchain technology. This will ultimately accelerate blockchain adoption on a global scale.
In his session at 21st Cloud Expo, Michael Burley, a Senior Business Development Executive in IT Services at NetApp, described how NetApp designed a three-year program of work to migrate 25PB of a major telco's enterprise data to a new STaaS platform, and then secured a long-term contract to manage and operate the platform. This significant program blended the best of NetApp’s solutions and services capabilities to enable this telco’s successful adoption of private cloud storage and launching o...
DXWorldEXPO LLC announced today that Nutanix has been named "Platinum Sponsor" of CloudEXPO | DevOpsSUMMIT | DXWorldEXPO New York, which will take place November 12-13, 2018 in New York City. Nutanix makes infrastructure invisible, elevating IT to focus on the applications and services that power their business. The Nutanix Enterprise Cloud Platform blends web-scale engineering and consumer-grade design to natively converge server, storage, virtualization and networking into a resilient, softwar...
Despite being the market leader, we recognized the need to transform and reinvent our business at Dynatrace, before someone else disrupted the market. Over the course of three years, we changed everything - our technology, our culture and our brand image. In this session we'll discuss how we navigated through our own innovator's dilemma, and share takeaways from our experience that you can apply to your own organization.
Founded in 2002 and headquartered in Chicago, Nexum® takes a comprehensive approach to security. Nexum approaches business with one simple statement: “Do what’s right for the customer and success will follow.” Nexum helps you mitigate risks, protect your data, increase business continuity and meet your unique business objectives by: Detecting and preventing network threats, intrusions and disruptions Equipping you with the information, tools, training and resources you need to effectively m...
The Transparent Cloud-computing Consortium (T-Cloud) is a neutral organization for researching new computing models and business opportunities in IoT era. In his session, Ikuo Nakagawa, Co-Founder and Board Member at Transparent Cloud Computing Consortium, will introduce the big change toward the "connected-economy" in the digital age. He'll introduce and describe some leading-edge business cases from his original points of view, and discuss models & strategies in the connected-economy. Nowad...
Having been in the web hosting industry since 2002, dhosting has gained a great deal of experience while working on a wide range of projects. This experience has enabled the company to develop our amazing new product, which they are now excited to present! Among dHosting's greatest achievements, they can include the development of their own hosting panel, the building of their fully redundant server system, and the creation of dhHosting's unique product, Dynamic Edge.
Intel is an American multinational corporation and technology company headquartered in Santa Clara, California, in the Silicon Valley. It is the world's second largest and second highest valued semiconductor chip maker based on revenue after being overtaken by Samsung, and is the inventor of the x86 series of microprocessors, the processors found in most personal computers (PCs). Intel supplies processors for computer system manufacturers such as Apple, Lenovo, HP, and Dell. Intel also manufactu...
Doug was appointed CEO of Big Switch in 2013 to lead the company on its mission to provide modern cloud and data center networking solutions capable of disrupting the stronghold by legacy vendors. Under his guidance, Big Switch has experienced 30+% average QoQ growth for the last 16 quarters; more than quadrupled headcount; successfully shifted to a software-only and subscription-based recurring revenue model; solidified key partnerships with Accton/Edgecore, Dell EMC, HPE, Nutanix, RedHat and V...
PCCW Global is a leading telecommunications provider, offering the latest voice and data solutions to multi-national enterprises and communication service providers. Our truly global coverage combined with local, on the ground knowledge has helped us build best in class connections across the globe; and especially in some of the remotest, hard-to-reach areas in exciting growth markets across Asia, Africa, Latin America and the Middle East.
NanoVMs is the only production ready unikernel infrastructure solution on the market today. Unikernels prevent server intrusions by isolating applications to one virtual machine with no users, no shells and no way to run other programs on them. Unikernels run faster and are lighter than even docker containers.