Nees brings more than 30 years of experience to PeerStreet. Most recently, he served as the CEO of Fairlead Management, a consulting services company specializing in business strategy, corporate growth, and innovation.
“We’re delighted to have Louis join our team,” PeerStreet CEO Brew Johnson said. “PeerStreet has been experiencing tremendous growth and is quickly expanding our investor base and product offering — we look forward to Louis’ deep expertise as we hit new milestones."
"PeerStreet says that Nees’ deep Wall Street background will provide key guidance on multiple capital sources for PeerStreet."
"Monthly originations are now more than $50 million and PeerStreet has funded more than 1,200 loans."
"Even more importantly, PeerStreet says that no money has ever been lost by investors. Zero. Nada. That is pretty impressive."
"The benefits of increasing capital to the system flows through to borrowers, who can increase the number of investments they can afford, and to indirect participants like communities where these fix and flip projects occur."
"One of the biggest reasons that PeerStreet is experiencing so much success is our team and our united belief in what we are doing."
Zippia used online company rankings to help us determine their own list of the 10 best tech startups in Los Angeles, CA.
PeerStreet says it is making real estate lending transparent, allowing its members to view all the properties, all the details of the loan, including photos of the property, and how many other investors have chosen to invest alongside them, as well as what percentage of the loan is still available to investors.
PeerStreet has been funded by well-known venture capitalists, and it has been accepted on the platforms of Wealthfront, Betterment and Personal Capital. That's a pretty strong endorsement of its process.
Real estate investment platform PeerStreet announced Tuesday that it has integrated with robo-advisor, Personal Capital.
PeerStreet has always focused 100% on first position liens on real estate. That means it is the safest place in the capital stack and first position to be paid back. And rather than sourcing loans from borrowers, we work with existing private lenders across the country who know their local real estate market.
PeerStreet is integrating with Personal Capital so the firm’s customers will now be able to see their investments across platforms.
I wrote about PeerStreet for the first time back in March of 2017 after I had been invited to visit their HQ and interview their founders. Since then I have aggressively grown my investment accounts with them in a little less than 5 months.
If you’re looking for another way to passively invest, listen in to this one. Along with being an active real estate investor, Brett co-founded a platform for investing in real estate loans called PeerStreet.
“Many PeerStreet customers have asked for this integration with Personal Capital,” PeerStreet cofounder and COO Brett Crosby said. “We’re always working to improve the experience for our customers and provide greater control and transparency."
Customers of both Personal Capital and PeerStreet may now view their PeerStreet positions within the context of their investment portfolio on Personal Capital.
The trajectory from big tech to fintech is becoming increasingly common. What makes for a successful transition and what can big tech folks take with them in their new ventures?
Four local startups were named to NYC-based CB Insights' prestigious Fintech 250 this week, offering continued proof that LA's tech ecosystem is diversifying.
Who are the emerging fintech companies that will change the face of financial services? The Fintech 250 will identifies and recognizes the 250 most promising, private fintech companies from around the world.
It's an alternative to lending directly to an individual or small firm, with the crowdfunding site doing most of the work, checking out the borrower and judging the loan's risk – and chasing the borrower for payments if necessary.
Co-Founders Brew Johnson and Brett Crosby are banking their bet on offering choice loans, picked by real estate investing experts in high end local markets around the country who know their markets.
Brew Johnson, like some of the other CEOs in this list, is a big fan of sitting down and physically writing a to-do list. The CEO of Manhattan Beach-based PeerStreet also looks to a famous warrior-poet for a little bit of productivity advice.
"Jessica Murray has broken records at PeerStreet, becoming the fastest-promoted person in the company’s history."
"PeerStreet is democratizing real estate investing by giving investors access to real estate debt opportunities, an asset class that was previously not available to non-institutions."