Crowd StreetReviews of crowdstreet.com

It was good to put faces to names, talk with marketing, new vision discussion, compliance understanding and the company if on its way to the next level. Be careful to not try and wear too many hats before perfecting the one that is presently on the head.

Company was successful in this presentation - helpful and interesting. No chairs for that long an evening was a mistake.

The worst customer service I have ever experienced. I have invested through this platform for last 2 years. Recently I need to contact the customer service to update my accredited status, the only way to contact them is through email. They are not helpful at all! After I submitted all required documents, I received a confirmation letter. However in the website it still failed to show my current accredited status. I will not invest any money on it any more

Please do not invest with CS, they look to me completely broke. Please do not invest with CS. I am trying to login my account and cannot for more than one week. Nobody is returning the phone or email address. I am locked out my account during the tax period for more than 10 day . Do not invest with them, they are broke financially.

I invested $25K in the Link Apartments (Post Investment Group). The quarterly reports are incomplete. They were supposed to use the money to refurbish around 200 apartments and now they claim they don't plan on doing this with no explanation as to what they plan to do with the money. No matter what question I ask I never get a direct or complete reply. I feel totally scammed.

I have significant investments in various offerings via Crowdstreet. I am very very disappointed with the working of crowdstreet (CS) and I feel CS is falling really short on its fiduciary duties. CS has asked Sponsors to submit a quarterly report but most of these quarterly reports are meaningless. They don't provide any relevant information. For e.g. one investment sends their financial details but no explanation on why they are off budget (expect 2M net income, actual is < 0.5M). Many investments are making capital calls. These capital calls are after we are told everything is going very well. When a capital call is made, I expect CS to ask for completely new set of documents which lays out pay back time period. I have not seen this available or at least not in any easily consumable format. It is buried in new operating docs. CS is overselling who is tenured sponsor and experienced sponsor. We are expected to take what the sponsor provides at its face value which may not be true. As it stands today, I would not do any investments via CS.

Be careful. It is not honest. Very bad platforms and investment. Minimum is $25000. I lost them all without any explanation.

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!