PeerStreet was a real estate lending marketplace that connected investors with short-term real estate loans. The company filed for bankruptcy in 2023 after experiencing financial difficulties. PeerStreet allowed accredited investors to invest in real estate debt, providing an alternative to traditional fixed-income investments. The platform is no longer operational and investors should consult with the bankruptcy proceedings for information about existing investments.
✓ Pros
✓Pioneered accessible real estate debt investing
✗ Cons
✗Filed for bankruptcy in 2023
✗Platform no longer operational
✗Existing investors face uncertainty
PeerStreet Features
✦ Loan MarketplaceConnected investors with short-term real estate loans (no longer available).
✦ Debt InvestingAccredited investors could invest in real estate debt (discontinued).