November 17, 2016

PeerStreet Raises $15M for Platform to Invest in Real-Estate Loans

"By many accounts, it is a tough time to raise venture capital for a marketplace lending business today, but PeerStreet has pulled it off. The platform for real-estate-backed loans got $15 million in a Series A round led by Andreessen Horowitz."

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November 17, 2016

Andreessen Horowitz Leads $15 Million Investment in PeerStreet

"Unlike many other marketplace lenders, the startup sources loans by tapping into existing networks of local lenders, a process that it believes helps better assess credit risk and reduce customer acquisition costs."

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November 17, 2016

PeerStreet Raises $15M During Series A Funding Round Led by Andreessen Horowitz

"Real estate crowdfunding platform, PeerStreet, announced on Thursday it raised $15 million during a Series A funding round, which was led by Silicon Valley venture capital firm, Andreessen Horowitz, with additional participation from The Kaiser Family Foundation, Rembrandt Venture Partners, and Montage Ventures."

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November 16, 2016

Interest Rates Are Rising - Four Things You Can Do: MNY133

"Here are four investment strategies investors can use to avoid losses due to rising interest rates."

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November 16, 2016

3 Startups to Watch: PeerStreet, Clarity Money and UTU

"The company rang in its one-year anniversary last month by announcing that during its first twelve months of activity, it funded $150 million in investments with a total loss amount of zero."

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October 25, 2016

PeerStreet Funds $150M in Investments with Zero Losses During First Year

"On Tuesday, PeerStreet celebrated its one-year anniversary by revealing that it has funded $150 million investments with zero losses in the last twelve months. The real estate crowdfunding platform also declared it is offering investors average annualized returns between 6% and 12% to date and a weighted portfolio LTV of 65%."

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October 17, 2016

The Loan Arrangers

"Innovative online lending marketplace PeerStreet is moving forward by returning to community values."

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September 21, 2016

House-Flippers Turn to the Crowd for Quick Cash. What Could Go Wrong?

"To keep a lid on fraud, PeerStreet doesn’t originate loans like most of the other platforms. Instead, it created a secondary market. It buys hard-money, or high-interest-rate, loans made to real estate investors and spreads the risk among individuals, who purchase pieces of them online."

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September 14, 2016

Entrepreneurs Question Everything. They Should Also Question The Need To Be In Silicon Valley

"Location, location, location. Not only is it the number one rule of real estate, but it’s also a de facto rule for where to build startups."

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September 8, 2016

How Marketplace Lending Could Improve the House Next Door

“The work I’m doing helps improve neighborhoods one house at a time,” Fuentes told us. “I’m proud of the work that I and many of my colleagues in the industry do. We improve houses that future homeowners will be proud to live in and in doing so, we also drive positive change throughout entire communities.”

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August 26, 2016

A New Avenue for Real Estate Loan Investing

"In only its first few years, PeerStreet has demonstrated that its combination of real estate expertise, big data and tech leadership can create an innovative opportunity for investors."

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August 11, 2016

PeerStreet Brings ‘The Big Short’ Pedigree to US Bridge Funding

"PeerStreet – the marketplace for investing in US real estate loans – blasted through $100m in ‘funded loan investments’ last week. After a formal launch in October 2015 the signs are good that their innovative model is well conceived to disrupt the large and fragmented private lender market for US residential bridge funding."

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July 27, 2016

Startup Backed by Hero of 'The Big Short' Is Bringing Wall Street to Main Street

"As investors diversify assets in a low-interest-rate world, Crosby and Johnson seek to take an asset class that was traditionally only available to institutional investors like banks and hedge funds and make it accessible to a wider audience of accredited investors."

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July 13, 2016

ILAB 13 – PeerStreet vs. Lending Club

"In this episode we discuss how the P-2-P lending space is changing, and how technology can enable more efficient deal flow and better lender-borrower matching."

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June 26, 2016

Marketplace Lending News Roundup

"It is not all doom and gloom in fintech with some companies successfully raising new money."

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June 25, 2016

Fintech Companies Picking Up Investors Fleeing LendingClub

"Crosby said retail investors, rather than being scared off from the fintech space, are simply looking for something safer. After the LendingClub news broke, Crosby said, ;All of a sudden, the phone is ringing off the hook.'"

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June 24, 2016

PeerStreet Enhances Platform

"Online real estate marketplace PeerStreet has unveiled several enhancements to its platform."

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June 23, 2016

PeerStreet Milestones: Funds $75M+ in Real Estate Loan Investments & Returns $25M to Investors

“With today’s rock-bottom interest rates and recent uncertainty in other areas of peer-to-peer (P2P) lending, investors need new alternatives that deliver both attractive risk-adjusted returns and more transparency. We’re opening up access to unique real estate investment opportunities in a way that enables investors to easily diversify their portfolios.”

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June 23, 2016

Fintech Companies Emerge Triumphant, with Little Sympathy for LendingClub

"'Individual retail investors have in large part told us they are looking for a safer place to invest,' said Brett Crosby, founder of PeerStreet, a marketplace for investing in real estate-backed loans. 'All of a sudden, the phone is ringing off the hook.'"

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June 22, 2016

10 Must Reads for the CRE Industry

"PeerStreet lowers barriers for accredited investors who want to access real estate debt."

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June 22, 2016

PeerStreet Lowers Barriers for Accredited Investors

"PeerStreet co-founders, Brew Johnson, Brett Crosby, and Alex Perelman, have been working alongside famed investors like Dr. Michael Burry to provide investors access to real estate debt. "

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June 17, 2016

Which Are the Top Crowdfunding Sites for Real Estate Investing?

"For anyone into real estate-backed loans, PeerStreet is one of the best platforms for investing."

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June 16, 2016

PeerStreet Updates Platform Features

"Real estate crowdfunding platform PeerStreet has updated its platform to 'further improve the investing experience.' The feature enhancements include updates to the automated investing tool, instant account funding abilities, a new notification center, payment schedule and a streamlined investing program."

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June 6, 2016

A New Path To Yield

“'Investors can handpick and curate what they want to invest in—we’re kind of like an E*Trade for this asset class,' he adds. 'Or you can use automated investing, which is like a Wealthfront or Betterment for this asset class, where you set up the parameters of the loans and we’ll allocate that accordingly when loans become available that match your criteria.'"

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May 26, 2016

Four Lessons On Work Culture That I Learned At Google

"I spent nearly 10 years at Google doing all kinds of stuff. I watched the company grow, change, get better, get worse, make mistakes, find solutions, and evolve—all from the inside."

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