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CrowdStreet

Get an in-depth look at our new Investment Thesis. Watch our latest livestream on-demand.

Email sent: Oct 17, 2020 3:53pm
Plus, see the rest of this month’s news in our Street Views newsletter.
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The State of the Street

$200+ million raised during COVID: Where, how, and what’s next

In our recent livestream event, Director of Investments Anna-Marie Allander Lieb and Chief Investment Officer Ian Formigle took a deep dive into our first-ever Investment Thesis, sharing our take on how COVID-19 is impacting the commercial real estate industry asset class by asset class and where we think the opportunities for investors will be.

Among other things, they discussed:

  • Why rent collections for multifamily have held strong year-over-year
  • What kinds of opportunities student housing brings to investors
  • The unprecedented drop in RevPar (revenue per available room) and its impact on hospitality properties

Our CEO Tore Steen also discussed how well the Marketplace has fared during the pandemic. While deal flow slowed in March and April, we’ve rebounded and have since launched 48+ deals and welcomed 25 new sponsors to the Marketplace over the last two quarters. He also introduced Claudia Cameron, VP of Customer Experience, who is spearheading our ongoing efforts to evolve the investor experience.

 

Watch the livestream on-demand.

StreetBeats: What’s Happening in the Market?

Watch the latest videos.

Streetbeats_

 

CrowdStreet’s Darren Powderly is joined by Jerry Fink, Co-founder and Managing Partner at The Bascom Group, to discuss how the firm encourages entrepreneurialism through their internship program, COVID’s impact on workforce housing, and why the firm is focused on distressed and underperforming assets. Watch now.



Why Micro-Units are a Win-Win Solution to the Urban Affordable Housing Crisis

Smaller Units, Prime Location, Profitable for Operators

Microunit post

 

Rents and demand have reached new heights in most major cities across the United States. As density restricts new development and housing prices show no signs of letting up, micro-units are being developed as a solution to today’s affordable housing crisis.

 

Micro-units are 280-450 square feet studio and one-bedroom apartments catering to young professionals looking for high-quality amenities and prime, urban locations. At a cost 20-30% below that of conventional units, renters are provided access to these more desirable, downtown locations, while operators are able to charge a higher cost per square foot than other unit sizes. Read More.

 

 

How E-Commerce is Impacting the Commercial Real Estate Landscape

What investors need to know

While in-person retail sales have slowed significantly during the pandemic, the decade-long trend of the growth in online shopping has only accelerated, with consumer e-commerce sales increasing by 15-30% in most categories. Some are estimating that 20%+ of all Q2 2020 retail sales happened online, compared to less than 5% at the end of Q2 2011.

And while a pivot away from brick and mortar can negatively affect retail real estate values, the growth of e-commerce can have a positive impact on other property types.

It’s estimated that retailers will need an additional 1.2 million square feet of distribution space for each $1 billion in online sales, meaning e-commerce requires three times the space as traditional through-put distribution. This means we could actually see demand chasing supply, leading to a significant change in industrial deal flow and more opportunities for investors. Read More.

 

 

 

In the News

 
 

Advantages of 18-Hour Cities for Real Estate Investors in 2020 (& Beyond)

Even in the face of economic uncertainty, we are seeing investments leaning toward the long-term prospects of second-tier markets, also known as 18-hour cities. These include Dallas, San Antonio, Nashville, Portland, Raleigh, Charlotte, Salt Lake City, Jacksonville, Columbus, Minneapolis, Boise, Phoenix, Kansas City, and Baltimore.

 

Read More
 

Developer Finds Crowdfunding Can Be The Right Way To Go Even For Big Projects

Earlier this year, Phoenix Development Partners was putting together its biggest project to date, the redevelopment of a historic downtown Chicago property into hotel space. It decided to take an experimental route: raising some of the necessary funds online.

 

Read More
 

CrowdStreet Provides Unique Perspective into Real Estate Crowdfunding

Crowdfund Insider reached out to CrowdStreet for their perspective on the real estate investment sector.


 

Read More
 

Oregon Technology Awards 2020 Winners Announced

The Technology Association of Oregon (TAO) announced that CrowdStreet is the 2020 Accelerate Technology Company of the Year.

 

Read More
Quotation Mark  

People can move to more suburban markets and they can get some rent relief, a bigger space, and they can still live the quality of life they want.

-See what else Jeff Gleiberman, Managing Director at MG Properties Group, has to say about the mass migration to suburban markets and how that impacts commercial real estate.

Active Offerings

 
 

Dockside - Clemson Student Housing

A 630-bed “Best-in-Class” student housing development located near Clemson University’s campus, along the primary retail corridor and lakeside frontage.

 

View the details.

 

Inspire West Town

130-unit luxury, boutique apartments located in the “High-Tech Highway” of Chicago.

 

View the details.

 

East Nashville’s Callis Road Industrial Development

Development of a 375,000 RSF, four-building, Class A industrial project located in the high-barrier to entry Wilson County Submarket, east of Nashville, TN.

 

View the details.

 

McFarlin Opportunistic Senior Living Fund I

An opportunistic fund created to capitalize upon distressed debt and equity positions within the senior living and healthcare space.

 

View the details

CrowdStreet
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Portland  OR   97205   United States
ir@crowdstreet.com
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This communication is intended only for the recipient to whom it is addressed and may contain information that is privileged and confidential.  If you have received this in error, please immediately notify the sender and permanently delete the original and any printout thereof.  

 

This communication is for informational purposes only and should not be regarded as a recommendation, an offer to sell securities, or a solicitation of an offer to buy any investment products, financial products, or services. Any information contained herein is believed by CrowdStreet, Inc. (“CrowdStreet”) to be reliable, but we make no representations or warranties as to the accuracy of such information and accept no liability therefor. No part of this email (or its attachments) is intended to be binding on CrowdStreet or to supersede any issuer offering materials.  CrowdStreet is not a registered broker-dealer or investment adviser. We recommend that you consult with a financial advisor, attorney, accountant, and any other professional that can help you to understand and assess the risks associated with any investment opportunity.

 

Information in this communication, including information regarding targeted returns and investment performance, is provided by the sponsor of the investment opportunity and is subject to change. Forward-looking statements, hypothetical information or calculations, financial estimates and targeted returns are inherently uncertain. Such information should not be used as a primary basis for an investor’s decision to invest. Investment opportunities on the CrowdStreet Marketplace are speculative and involve substantial risk. You should not invest unless you can sustain the risk of loss of capital, including the risk of total loss of capital.  

 

Other emails from CrowdStreet

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How can you take advantage of the growth of e-commerce with commercial real estate?
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The CrowdStreet Deal Review Process. See how we determine what deals make it to the Marketplace.
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Aug 6, 2020
The CrowdStreet Investment Thesis. Get our outlook on the market.
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Jul 8, 2020
What does our chief investment officer think about the future of commercial real estate?
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Jun 4, 2020
How are CrowdStreet investors handling their investments in the wake of COVID-19?
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What does commercial real estate investing look like in a post-COVID world?