{"id":1004130165,"date":"2015-10-27T05:55:28","date_gmt":"2015-10-27T13:55:28","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004130165"},"modified":"2020-04-07T21:35:41","modified_gmt":"2020-04-08T05:35:41","slug":"new-platform-gives-investors-easier-access-to-re-loans","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/new-platform-gives-investors-easier-access-to-re-loans\/","title":{"rendered":"New Platform Gives Investors Easier Access to RE Loans"},"content":{"rendered":"

By Scott Baltic, Contributing Editor<\/em><\/p>\n

PeerStreet<\/a>, a startup company that aims to make investing in real estate-backed loans \u201cas easy as buying stocks,\u201d has made its platform available to all accredited investors, the company announced Monday.<\/p>\n

PeerStreet had previously been available by invitation only. Nonetheless, the company says, during its pre-launch phase, it funded more than $35 million in real estate loans secured by 78 properties, reportedly generating annualized net yields to investors ranging from 7 percent to 12 percent.\"BrewJohnson\"<\/a><\/p>\n

\u201cWith the launch of PeerStreet, we are democratizing a fantastic asset class \u2013 real estate debt \u2013 that has always existed, but has been extremely difficult for most investors to access,\u201d Brew Johnson, PeerStreet CEO and co-founder, said in a prepared statement. \u201cPeerStreet is unique in that our loans are sourced from a nationwide network of professional loan originators, which gives us the ability to scale while providing investors access to the highest quality loans.\u201d<\/p>\n

\"BrettCrosby\"<\/a>\u201cOur proprietary, big-data\u2013driven underwriting process provides an additional level of risk mitigation on top of our loan origination model, while our user interface makes investing simple, intuitive and secure,\u201d added COO and co-founder Brett Crosby. \u201cUnlike platforms that originate their own loans, our professional origination partners know their local markets in terms of property values and local economic conditions. This reduces risk for investors on our platform.\u201d<\/p>\n

The PeerStreet platform offers investors flexibility, both through loan terms as short as six months and the ability to create a loan portfolio with individual investments as low as $1,000. The company also offers an Automated Investing function that matches investors with loans that meet their investment objectives, as well as a self-directed IRA option.<\/p>\n

To date, the breakdown of loans backed by residential versus commercial properties is about 80-20, according to the spokesperson, who quickly added that all properties are for commercial purposes, so that the residential property loans are typically multiple-house fix-and-flips or buy-to-rent projects.<\/p>\n

\u201cWe expect the commercial percentage to increase,\u201d he added, \u201cas we currently have a lot of loans in the pipeline, and commercial loans will become more popular as real estate lenders are more familiar with the platform.\u201d<\/p>\n

\u201cInvestors typically invest a sum of money across multiple loans,\u201d the spokesperson explained. \u201cThis is one of the \"PeerStreet\"<\/a>biggest risk mitigants that PeerStreet has created within investment in this asset class. Traditionally, investors seeking this type of asset class need to make the full loan to a single borrower. Now, investors can choose to invest as little or as much in a single loan or across multiple loans.\u201d<\/p>\n

PeerStreet reportedly raised a $6.1 million seed round in the first quarter of this year.<\/p>\n","protected":false},"excerpt":{"rendered":"

PeerStreet, a startup company that aims to make investing in real estate-backed loans \u201cas easy as buying stocks,\u201d has made its platform available to all accredited investors.<\/p>\n","protected":false},"author":882,"featured_media":1004130166,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21783,21742],"tags":[],"class_list":["post-1004130165","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment","category-latest"],"acf":[],"yoast_head":"\nNew Platform Gives Investors Easier Access to RE Loans - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/new-platform-gives-investors-easier-access-to-re-loans\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Platform Gives Investors Easier Access to RE Loans\" \/>\n<meta property=\"og:description\" content=\"PeerStreet, a startup company that aims to make investing in real estate-backed loans \u201cas easy as buying stocks,\u201d has made its platform available to all accredited investors.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/new-platform-gives-investors-easier-access-to-re-loans\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-10-27T13:55:28+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-08T05:35:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/10\/BrewJohnson.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2533\" \/>\n\t<meta property=\"og:image:height\" content=\"3335\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Scott Baltic\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/new-platform-gives-investors-easier-access-to-re-loans\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/new-platform-gives-investors-easier-access-to-re-loans\/\",\"name\":\"New Platform Gives Investors Easier Access to RE Loans - 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