Tagged: peerstreet

Groundfloor Comments on Bankruptcy Filing of Noted Real Estate Crowdfunding Firm PeerStreet

In late June, PeerStreet filed for bankruptcy protection in federal courts. While not a complete surprise, the firm’s failure rattled industry insiders as PeerStreet has long been viewed as a respected player in the real estate crowdfunding sector. Launched in 2013 and serving accredited investors,… Read More

PeerStreet Goes Bust. Real Estate Investment Platform Files for Bankruptcy Protection

Once one of the most respected real estate investment platforms in the US, PeerStreet has now filed for bankruptcy. According to a corporate statement, PeerStreet aims to sell substantially all of its assets, including its mortgage loan assets, and tech platform. The company seeks to… Read More

PeerStreet Makes Best Fintech Workplaces List

Real estate investing platform PeerStreet has another award for their trophy case. The company was named one of the 2021 Best Places to Work in Financial Technology. The honour was voted on by staff who received an anonymous survey sent directly to them by Best… Read More

PeerStreet Opens Applications for Evolving Neighborhood Uplift Fund

PeerStreet, a leading platform for investing in real estate backed loans, announced on Monday applications for its Evolving Neighborhood Uplift Fund (E.N.U.F) Mentorship program is now open. According to PeerStreet, the E.N.U.F. project was launched in February 2021 and is now accepting qualified applicants to… Read More

VC Firm Thomvest Talks Fintech: “Increasingly Complex Financial Transactions Are Moving Online”

Thomvest is a VC firm that is heavy into Fintech with investments in firms like SoFi and Figure or Kabbage and Creditjusto. Several investments (IE Kabbage and SoFi) have been successfully exited, while others remain portfolio companies. Overall, Thomvest touts 9 investments in unicorns and… Read More

Investing in Real Estate: These Platforms Simplify the Process of Property Investing

  Real estate has always held a certain allure for sophisticated investors as typically, over the long run, it appreciates in value and can also generate a  good amount of immediate cash flow – so both yield and capital gains. Until recently, unless you had… Read More

PeerStreet Announces Program to Benefit Underserved Real Estate Entrepreneurs

PeerStreet, a real estate crowdfunding platform, has announced a new program designed to aid underserved real estate entrepreneurs. Named the Evolving Neighborhood Uplift Fund or the E.N.U.F. project, the program seeks to create a sustainable way to invest in real estate entrepreneurs from underserved communities… Read More

PeerStreet Unveils Investment Product “PeerStreet Pocket” to Allow Investors to Earn More Interest on Available Cash

Money Benjamin Dollars 100

PeerStreet, a leading platform for investing in real estate backed loans, announced on Monday the launch of its new investment product, PeerStreet Pocket. According to PeerStreet, the PeerStreet Pocket product allows investors to earn more interest on their cash. PeerStreet also revealed that PeerStreet Pocket… Read More

New Real Estate Investment Fund: PeerStreet Now Offers Diversified Credit Opportunity Fund

PeerStreet, a debt-based real estate investing platform, has announced the launch of a new fund that seeks to expand the ways investors can access real estate investments via its platform, according to a note from the company. The Peer Street Credit Opportunity, LP is said… Read More

Real Estate: After Pausing on Loan Funding, PeerStreet Now Resumes with New “Credit Box” Product

Last month, PeerStreet pushed pause on all loan funding as the COVID-19 pandemic hit the real estate crowdfunding platform. PeerStreet is not alone in looking for ways to better manage the fast-changing economic environment as the economy went from boom to bust in weeks –… Read More

PeerStreet Celebrates Being Named One of the Top 25 Fastest Growing Companies By Deloitte

PeerStreet, a leading platform for investing in real estate backed loans, announced on Monday it celebrated being named one of the top 25 fastest growing companies by Deloitte. The platform revealed the exciting news last fall the ranking is based on fiscal-year revenue growth over… Read More

PeerStreet Appoints Ellen Coleman As New Chief Financial Officer

PeerStreet, a leading platform for investing in real estate backed loans, announced on Tuesday it has appointed Ellen Coleman as its new Chief Financial Officer. Coleman reportedly joined the PeerStreet team last year and was previously named  EVP of Finance. The platform noted that Coleman… Read More

Not Just About Startups: Democratizing the Accredited Investor Definition Will Allow More People Access to Lower Risk Real Estate Investments

While investment crowdfunding rules initially were targeted at early-stage ventures in need of growth capita,l the new rules have fueled the rise of investment platforms for another asset class: real estate investment opportunities. Early-stage ventures, from seed rounds to later-stage venture rounds, tend to include… Read More

PeerStreet’s New Milestone: Achieves $3 Billion In Loan Transactions

Money Benjamin Dollars 100

PeerStreet, a leading platform for investing in real estate backed loans, announced last week that more than $3 billion in loans have been transacted through its marketplace portal since its launch. The latest milestone comes just one month after PeerStreet secured $60 million through its… Read More

Leading Real Estate Crowdfunding Platform PeerStreet Raises $60 Million Series Plus $4.25 Billion in Commitments

PeerStreet, a leading platform for investing in real estate backed loans, has closed on a $60 million Series C funding round led by Colchis Capital as the Fintech continues to execute on its unique approach to online lending. Existing investors Andreessen Horowitz, World Innovation Lab… Read More

PeerStreet Named CRETech 2019 Real Estate Tech Award Winner

Real estate investment platform PeerStreet announced on Tuesday it won first place in CRETech’s 2019 Real Estate Tech Awards (RETAs for the Information & Intelligence – Crowdfunding category. According to PeerStreet, CRETech’s RETAS recognizes the year’s most innovative and cutting-edge companies that have played an integral role… Read More

Real Estate Investment Platform PeerStreet Integrates with Mint

PeerStreet, a real estate investment platform, has integrated with Mint. This is the fourth “integration” with PeerStreet already forming partnerships with Betterment, Wealthfront, and Personal Capital. PeerStreet has emerged as a leading property crowdfunding platform. While some early leaders rushed to scale at all cost,… Read More

Institutional Money is Coming: Real Estate Crowdfunding Platform PeerStreet Hires Wall Street Veteran to Manage “Substantial Institutional Growth”

PeerStreet, a leading crowdfunding platform serving the real estate marketplace, is expecting “substantial institutional growth.” In the online capital formation world, institutional money is needed for a platform to effectively scale. Since platform launch, PeerStreet has done a pretty effective job as loan facilitations have… Read More

PeerStreet Reports Accelerating Growth as the Real Estate Platform Tops $2 Billion in Property Lending

This past March, PeerStreet, a real estate crowdfunding platform, announced that it had topped $2 billion in transactions and over $1 billion in Assets Under Management. Three months early in January, that transaction number stood at $1.7 billion. If that pace holds, PeerStreet should be… Read More

PeerStreet Update: Lowers Minimum to $100 & Adds New Investment Options to Automated Investing

Real estate investment platform PeerStreet announced on Monday it is updating its Automated Investing product functionality to make it even easier for investors to diversify on the funding portal. PeerStreet reported that it has lowered its minimum investment to just $100 for small balance reinvestments… Read More

Send this to a friend