CrowdStreet, a real estate crowdfunding platform catering to accredited investors, has circulated an email stating that distributions doubled in 2019 alongside the size of its community.
Launched in 2014, Crowdstreet claims more than $972 million has been raised and, since platform launch $99+ million in investor distributions. The platform reports more than 377 individual offerings with 21 of these investments have been fully realized.
During 2019, investors received $58 million according to the email. Approximately 113 deals were listed with 9 summarily realized.
Since launch, Crowdstreet calculates platform IRR at over 29%. Individual deals and funds are available for investors.
During 2019, CrowdStreet also launched the CrowdStreet Opportunity Fund, providing an easy way to invest in various Opportunity Zone-based projects in a single investment.
CrowdStreet also reports that over $511 million was invested during the year.