Crowdfunding has grown from humble origins to become a multi-billion dollar industry in only a few years, and the online financing marketplace CrowdStreet has carved out a niche matching commercial real estate opportunities with wealthy investors in Maryland and around the country. The Oregon-based company was launched in 2014, and it has developed a reputation for oversubscribing eight figure real estate offers in 30 days or less.
CrowdStreet reports that June and July 2016 have been its best months to date, and one of its solicitations attracted more than new 100 high-net-worth investors. People who are looking for real estate crowdfunding opportunities currently have few choices other than CrowdStreet, but competitors will likely start to emerge if the concept remains popular. The company's co-founder and CEO says that CrowdStreet is successful because it provides investors with a more comprehensive solution.