PeerStreet Wins CRETech 2019 Real Estate Tech Award
Summary
“PeerStreet’s vision is to align the interests of everyone in this ecosystem—from lenders and investors to borrowers and the communities they represent—by providing both easier access to real estate debt and empowering participants to make better decisions,” said Brett Crosby, COO and co-founder of PeerStreet. This win comes at an exciting time for PeerStreet, as the company has recently expanded its product offerings into long-term real estate debt through a new Residential for Rent program and incorporated more loan types into its Automated Investing feature, which now boasts a low $100 minimum for small-balance reinvestments. Residential and commercial property loans are sourced from vetted private lenders throughout the United States who have regional real estate expertise and long-term borrower relationships. PeerStreet enables these lenders to expand their lending capital, empowering them to make more loans, which flows through to borrowers who in turn improve their local communities—one house at a time. CREtech is owned and operated by The News Funnel, the leading content, connectivity and event platform devoted to the commercial real estate industry.