CrowdStreet Launches Diversified Opportunity Zone Fund
PORTLAND, Ore., Sept. 9, 2019 /PRNewswire/ -- CrowdStreet Inc. ("CrowdStreet"), a financial technology provider with an online marketplace for direct equity investment in commercial real estate (CRE), today publicly launched a diversified investment fund through CrowdStreet Advisors, LLC ("CrowdStreet Advisors"), a wholly-owned subsidiary of CrowdStreet.
- PORTLAND, Ore., Sept. 9, 2019 /PRNewswire/ -- CrowdStreet Inc. ("CrowdStreet"), a financial technology provider with an online marketplace for direct equity investment in commercial real estate (CRE), today publicly launched a diversified investment fund through CrowdStreet Advisors, LLC ("CrowdStreet Advisors"), a wholly-owned subsidiary of CrowdStreet.
- "Opportunity Zone investments align nicely with our general focus on 18-hour cities," said Ian Formigle, Vice President of Investments for CrowdStreet.
- Today's announcement of the fund launch follows the successful equity raise on the CrowdStreet Marketplace of capital for six individual Opportunity Zone projects across the U.S.
- In addition to managing the CrowdStreet Opportunity Zone Portfolio, CrowdStreet Advisors provides personal investment advice regarding investments on the CrowdStreet Marketplace to individual accredited investors.