During the Great Recession, our co-founders Tore Steen and Darren Powderly saw how many people were overly reliant on Wall Street for their investment opportunities. Realizing the importance of diversification outside of public equities, combined with the rise of a new investment vehicle known as equity crowdfunding, the two co-founded CrowdStreet in order to give individual investors better access to real estate, the 3rd-largest asset class in the U.S.
Together–the investors, sponsors, and partners of CrowdStreet–we are reinventing real estate investing end-to-end. Fundamental to this transformation is a major shift, not only in how investors and sponsors connect online, but also in how we can create a more efficient, transparent, and trustworthy market for all participants.
By combining our team’s commercial real estate investment expertise with our proprietary technology, CrowdStreet gives individual investors direct access to a range of investment opportunities and all the online tools needed to manage those investments. As of October 4, 2022, thousands of investors have invested over $3.8 billion in more than 709 projects.