Crowd StreetReviews of crowdstreet.com

CrowdStreet was really good at sourcing/offering opportunities a few years back but very few options now- hoping this changes. The platform is easy to use and IR team is very good and communicative- (even if some of the GP/Sponsors are not).

I enjoy trading in the real estate market

I appreciate the way Crowdstreet works but I have yet too see any of my investments come to fruition. I will be happier still when my investments come back to me with a profit like they were projected.

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

The selling part of the site is amazing, very clear and helfpul. The follow up is a bit looser and the forum for sharing issues is a bit toothless. Many sponsors fail quite considerably in the plan and there is - at present - not a great way for LPs to communicate with each other about this to raise issues with sponsor. There should be a LP rating system (LPs ONLY, not CS) to rate them, Not one deal I have done has come anywhere NEAR the pro forma.

i own 10 projects over the past year. After a learning curve the process improved. The moderators of the webinars need to dress and present as more professional and business oriented. The sponsors are mostly poor at even quarterly updates. I have found them to be responsive to questions but seems crazy that they need to answer similar questions repeatedly when more regular reports would solve the problem.

Good site to find private equity deals. However, you need to do YOUR due diligence. CS is a marketplace for deals, and although they have their own process to filter out sponsors, they do not undertake the risk, you do. It’s not like Costco where you can return a defective product to the store vs the manufacturer. Look around the site, review track records, and talk to the sponsors and make sure what they write in their offering documents is plausible.

Overall positive view of CrowdStreet. I like the upfront legwork they do putting together the various deals, and the consistent manner in which they present them to potential investors. Their new Offer approval and acceptance process seems to be improved a little - at least on the surface (front-end user interface). However, I'm not sure what is different behind the prettier front-end graphics, and the explanations offered to date do not explain the process very well. On a recent offer, I specifically asked a CrowdStreet Investment Relations Manager some specific questions about the way in which the offering process/algorithm handled an investor's "spot in line" on Oversubscribed Offerings, and those questions were not specifically answered. He did clear up a question about the final funding stage that was helpful, but ignored other questions about earlier steps in the offering process. I assume that information is not considered "secret", and will continue to try and better understand this process. But I still love Crowdstreet!