Crowdstreet private equity deals

[Jim McWethy]

I signed up with crowdstreet as an accredited investor and have listened to three sponsor pitches this past week. For example, one of them being a $43m raise on a 330-unit class A multi-family development in Houston led by Guefen Development, Target IRR 22%, sponsor co-investment $921k, $25k investment increment, target hold 3 yrs.

I’m deciding between utilizing Crowdstreet vs doing a local PE raise but a lower target return rate of 8-10%/yr but with a 7-yr target hold.

QUESTION for the Bigger Pockets crew: who has hit the invest now button on any of these crowdstreet deals and what has your experience been with it?