What is PeerStreet?

PeerStreet is really a authentic estate crowdfunding marketplace that gives accredited traders with possibilities to invest in actual estate loans. Put simply, consider of PeerStreet as a peer-to-peer lending platform, much like Prosper, but with loans backed by tangible real estate assets.

PeerStreet launched in late 2014, and given that that time has funded a lot more than eight,800 loans totaling about $4 billion on its marketplace. Much more than $175 million in interest payments and $2.2 billion in principal are paid out to traders by February 2020.