NBP
GBEnrollment must be streamlined 4 areas for improvement 1. Enable holding funds in a pre-paid account so that deals can be funded quickly 2. DO NOT enable "INVEST NOW" until the presenters have presented their presentation. Q&A can be arranged anytime. 3. Enable completion of a lot of boiler-plate paperwork at the time of listing...and not have it slow-down the funding process. 4. DO NOT ASK for redundant docs, like company formation, which you already have on file.
Michael Wagner
GBMost things are done well Most things are done well, still a little too much time between approval of each step, especially funding. Very disappointed in Crowdsteet Blended Portfolio II. 1) K-1's for my 20 individual CRE investments are to me by April 15th, the portfolio should not take til September 15th. 2) Before investing, investors were told we would not have to file individual state K1s then after you had our money you reversed on that. I NEVER would have invested knowing I would have to file up to 20 state K1s. Very upset about this.
Ali
GBGood site to find private equity deals Good site to find private equity deals. However, you need to do YOUR due diligence. CS is a marketplace for deals, and although they have their own process to filter out sponsors, they do not undertake the risk, you do. It’s not like Costco where you can return a defective product to the store vs the manufacturer. Look around the site, review track records, and talk to the sponsors and make sure what they write in their offering documents is plausible.
DPP
GBWatch out we have Invested in Multiple offering. Last one they brought OC-Ventures.com for XChicago student Housing who is Fraudulent, Could not close Deal, and refuses to Refund money back since August 2022. Crowdstreet of No help even though they didn't do due diligence and brought them to platform. No phone number for customer service, when you write email, They reply but don't answer your questions. One has to take legal action on Crowdstreet and sponsor. As long as everything goes o.k. you are ok, but when things go wrong , you are on your own . NO HELP FROM CROWDSTREET. They are in for their 2 % every year from your investment. I would give 0 star, If there was choice. Remember This is not about Investment went sour due to real estate market, This is simple Fraud, Investors money taken on crowdstreet platform, No Investment done and No refund.
John Hoyt
GBCrowdStreet is great at getting your money... CrowdStreet is great at getting your money. Once they've gotten your money and they've gotten their percentage, your hear mostly crickets. Investors are kept largely in the dark. I've invested in 7 projects of theirs going back four years. None have paid a dime so far. Two have required a "capital call" (more money from investors for the project to stay afloat.) CrowdStreet does NOT advocate for their investors after the investment is made, and does NOT require meaningful reporting from project sponsors. As a result, mostly what you get is "happy talk" BS which tells you nothing. I'm very nervous about my investments.