CrowdStreet
CrowdStreet

The CrowdStreet Deal Review Process. See how we determine what deals make it to the Marketplace.

Email sent: Sep 5, 2020 6:09pm
Plus, see the rest of this month’s news in our Street Views newsletter.
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Ensuring The Quality Of Our Deal Flow

An In-Depth Look At Our Deal Review Process

We pride ourselves on the quality and quantity of our Marketplace’s deal flow, providing you with ongoing access to institutional-quality investment opportunities from best-in-class sponsors, across a variety of asset classes and geographies. We strive to maintain high standards–out of every 100 deals we encounter, approximately five will be published on the Marketplace.

Our Review Process starts with our Capital Markets team, which is on the ground, building relationships with local sponsors across the U.S., and bringing a steady flow of potential deals to our Investments team. Our Investments team then puts both the sponsor and their individual deal through our rigorous, three-stage review process before presenting the project to our Investment Committee, which gives the final approval for every deal that appears on the Marketplace.

Here’s a quick look at the three main steps in the CrowdStreet Review Process:

Sponsor Review: We’re looking for sponsors that have a track record of success and understand what it takes to manage investor capital and deliver on their business plans. After a thorough background check, we organize sponsors into four categories based on their background and experience–Emerging, Seasoned, Tenured, and Enterprise–so you can get a sense of the firm behind the deal.

Deal Review: Once a sponsor passes our initial screening, our Investments team digs deeper into the proposed business plan, market data, and deal structure to evaluate the project’s potential. Our goal is to determine if their assumptions can be backed up by third-party data and are in line with similar projects in the area.

Document Review: We collect third party reports and key documentation–including lender term sheets, the property management agreement, and the environmental report–to ensure there are no discrepancies in the deal documents.

We believe informed investors are empowered investors, which is why you’ll find much of the information we collect during our Review Process on the deal’s detail page. We encourage you to dig into the documentation and use it to evaluate if that investment opportunity is right for you and your portfolio. You can also tune into the deal’s live webinar and learn more about the project, directly from the sponsor.

 

Learn More About Our Deal Review Process

StreetBeats with Vinodh Rajagopalan

The latest investor update.

Vinodh_Brent_StreetBeats

CrowdStreet’s Brent Hieggelke is joined by Vinodh Rajagopalan, a CrowdStreet investor, to discuss why he moved from residential to commercial real estate investing, how COVID-19 has shifted his investing strategy, and what kinds of investments he’s keeping an eye on.

 

CrowdStreet’s Realized Deals

How have past deals performed?

Since 2014, CrowdStreet investors have successfully funded more than 460 deals, 33 of which have been fully realized. As part of our ongoing commitment to transparency, our Asset Performance team recently launched the first ten realized deal case studies. Each case study features key project highlights, targeted versus actual results, and the ultimate outcome for CrowdStreet investors.

You can find links to these new case studies on our Marketplace Performance page. We’ll be launching additional case studies in the coming months.

Realized Deal Case Studies

 

Meet Claudia Cameron

Our New VP of Customer Experience

Claudia-Cameron-Headshot-1-300x209We’re excited to announce that Claudia Cameron recently joined CrowdStreet as our VP of Customer Experience. Claudia brings with her a wealth of knowledge in driving engaging customer interactions in the financial services industry. She'll be leading our ongoing efforts to improve the investor experience from end-to-end.

 

Get to know more about Claudia and her vision for the CrowdStreet investor experience. Read more.


$200+ Million Invested on CrowdStreet During COVID

Where, Why, and What’s Next.

Join us on September 30th at 11 AM PT for the "State of the Street." Chief Investment Officer Ian Formigle will lead an in-depth discussion of our new Investment Thesis, CEO Tore Steen will discuss how the company is faring in the midst of COVID-19, and you'll meet Claudia Cameron, our VP of Customer Experience, responsible for our Marketplace Services organization.

 

REGISTER NOW.

 

In the News

 
 

SEC Modernizes the Accredited Investor Definition

The Securities and Exchange Commission has updated the “accredited investor” definition, allowing investors to qualify as accredited based on defined measures of professional knowledge, experience, or certifications in addition to the existing tests for income or net worth.

 

Read More
 

Taurus Pays $31M for Shopping Center in Miami Health District

Taurus plans to expand the shopping center by 15,500 square feet, with medical offices and ground-floor retail, according to the release. It also plans to build a 460,000-square-foot medical office tower on the parking lot, which measures less than an acre.

 

Read More
 

How A Historic West Loop Office Tower Became A Luxury Hotel

Adaptive reuse is not always as glamorous as new construction, Smith said, but it will always be important to the city of Chicago.


 

Read More
 

Tore Steen Named EY Entrepreneur Of The Year® 2020 Pacific Northwest Award Finalist

This year, unstoppable entrepreneurs who have provided extraordinary support to their communities, employees, and others during the COVID-19 crisis will also be recognized for their courage, resilience, and ingenuity.

 

Read More
Quotation Mark  

Distressed deals often happen quickly – getting access to these opportunities requires early looks from those in-the-know. You also need agile, reliable capital that can react quickly to these fast-moving deals.”

- See what else the CrowdStreet team had to say to Financial Samurai about investing in distressed assets.

Active Offerings

 
 

Inspire West Town

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

 

View the details.

 

Bank Street Lofts

A luxury, urban multifamily development built with millennial renters in mind and located in a vibrant restaurant/entertainment area of Baltimore.

 

View the details.

 

Luxe Belle at The Ohio State University

A 93-unit, 147-bed, Class A, student housing community located near The Ohio State University’s campus in Columbus, OH.

 

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
888.432.7693 | 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.  

 

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