Expanding Advisor Access to Private Commercial Real Estate

Financial Advisors

iCapital’s network of over 16,000 wealth advisors now has access to CrowdStreet REIT I, a fund that invests in growth-oriented private commercial real estate projects

Austin, Texas, April 18, 2023 /PRNewswire/ — CrowdStreet Advisors, LLC (“CrowdStreet Advisors”) is a boutique alternative investment manager focused on providing advisors and their clients with access to exclusive, privately held commercial real estate projects. today announced the launch of its flagship REIT fund, CrowdStreet REIT. I (“C-REIT”) joins iCapital, a global fintech platform promoting access to alternative investments for the wealth management industry.

C-REITs provide direct equity stakes in private commercial real estate projects across value-add, opportunistic and ground-up development strategies that the Fund believes will benefit from long-term growth drivers and the current market turmoil. I am investing. C-REIT’s investment projects are sourced from a proprietary network of over 300 real estate developers and are primarily focused on growth-oriented strategies. This may complement core and core-plus investments typically available through many of the more traditional commercial properties. funds today. The fund provides advisors with access to multiple strategies, sectors and regional markets. $25,000 Minimum and 1099 tax reporting.

“iCapital is at the forefront of efforts to make alternative investments more accessible to a wider range of advisors and their clients. Sheldon ChanPresident of CrowdStreet Advisors. “Like iCapital, our team understands the critical role advisors play in helping individuals better prepare for retirement and achieve their financial goals. , supports advisors in this important mission and is committed to working with iCapital to expand access to alternatives such as private commercial real estate.”

Advisors interested in researching C-REITs can log into their existing iCapital account to view the fund’s profile. This profile includes access to offering and subscription documentation and iCapital due diligence reports. An advisor not already using iCapital’s platform can easily register for access to her C-REIT through iCapital. here.

“CrowdStreet is a new platform for investors to access areas of the market that were primarily reserved for large institutional investors, while helping developers raise capital for their projects. I made a method.” Dan BennetCo-Founder and Managing Partner of iCapital, Head of the iCapital Marketplace. “iCapital works closely with strategic partners such as CrowdStreet to continuously improve the experience for our advisors and their clients, making it easier for them to discover, review, invest and manage alternative investments.”

the current March 31, 2023managed by CrowdStreet Advisors $497 million With client assets in both funds and individually managed accounts. Including C-REITs, CrowdStreet Advisors has launched 29 funds across multiple strategies. Since 2019, CrowdStreet has reviewed over 5,000 of his prospective deals1less than 3% of those approved for investment in the fund.2 C-REIT is approved with major custody platforms including Fidelity, Schwab, Pershing, TD Ameritrade, and 17 self-directed IRA (SDIRA) custodians.

About Crowdstreet Advisors
CrowdStreet Advisors, a wholly owned subsidiary of CrowdStreet, Inc. (“CrowdStreet”), is a select private commercial real estate portfolio selected from CrowdStreet’s proprietary transaction flow, sourced from a deep network of over 300 properties. Provide access to opportunities for advisors and their clients. Sponsor, Developer, Operator.Through private market products and services (REITs, thematic funds, individually managed accounts, and custom fund solutions), CrowdStreet Advisors offers middle market commercial real estate (typically $40 million To $100 million), offering investments that historically have poor correlation with public market assets.3 For more information about CrowdStreet Advisors, please visit: www.crowdstreetadvisors.com.

  1. Represents future projects that have been reviewed since 2019. July 2022Previous data from CrowdStreet’s inception from 2014 to 2019 are not available.
  2. Represents the percentage of trades approved across all CrowdStreet Advisors funds, including CSBP (algorithm-based). Excluding CSBP, only 1.2% of prospective deals were approved for investment in the fund.
  3. Private real estate, by its very nature, is generally less volatile than the stock market. This lack of volatility does not necessarily mean that private real estate values ​​will not fluctuate or lose value. In addition, the value of private real estate investments fluctuates and property values ​​often lag general market conditions.

CrowdStreet, Inc. (“CrowdStreet”) offers investment opportunities and financial services on its website. Advisory services are provided through his CrowdStreet Advisors, LLC (“CrowdStreet Advisors”), a wholly owned subsidiary of CrowdStreet and a federally registered investment advisor. CrowdStreet Advisors provides investment advice services only to privately managed accounts and private funds and does not provide investment advice services to the CrowdStreet Marketplace.

About iCapital

Founded in 2013, iCapital is a leading global fintech company powering the global alternative investment market. By delivering intuitive end-to-end technology and service solutions, iCapital transforms the way the wealth management, banking and wealth management industries facilitate high net worth clients’ access to private investment in their markets. Did. Educational tools and resources. Robust diligence, compliance and portfolio analysis capabilities. iCapital’s solutions enable organizations to streamline and scale their operational infrastructure for alternative investments, providing access to direct investment and feeder funds at the lowest cost through simplified digital workflows.

Managed by iCapital, the platform provides wealth advisors and their high net worth clients with access to an extensive private investment menu including equities, credit, real estate, infrastructure, structured investments, annuities and risk management solutions. iCapital has been recognized on the Forbes Fintech 50 list every year from 2018 to 2022, named Forbes America’s Best Startup in 2021 and 2022, and named Best of the Year in 2020, 2021 and 2022. MMI/Barron Industry Award Winner for Solution Provider.

the current November 30, 2022iCapital services and above $149.3 billion global client assets, of which about $30.5 billion From international investors (non-US domestic) across over 1,180 funds. With his 1,050 employees worldwide, iCapital is headquartered in New York and has offices around the world. Zurich, London, Lisbon, Hong Kong, Singaporeand Toronto.

For more information, visit icapital.com|. Twitter: @icapitalnetwork | LinkedIn: https://www.linkedin.com/company/icapital-network-inc

Media Contact:
Siobhan Nolan
[email protected]

Source CrowdStreet Advisors, LLC

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