An Update on PeerStreet’s Business

PeerStreet is one of the leaders in the real estate crowdfunding space in the US; they announced in March that they had crossed $2 billion in transactions and it is possible they will cross the $3 billion mark by year end; before March of this year PeerStreet reported no losses to investors and also shared that of 4700 loans, 136 have gone into default; loans are secured by the actual property which means investors have a higher chance of recouping their initial investment; returns to date to investors have been between 6-9%; Crowdfund Insider shares a short interview with PeerStreet co-founder Brett Crosby. Source