An all-new way of investing is here and is making commercial real estate investing more accessible for individuals. Cheddar's own Hena Doba caught up with Tore C. Steen, CEO and Co-Founder of Crowdstreet, to find out how crowdfunding will become a new way of investing and what kind of potential it holds.

Closing Bell

Making Commercial Real Estate Investing Accessible

Okay, well, this segment is brought to you by crowds street. The real estate investing platform was sought after private equity real estate to diversify your personal portfolio all online. The all new way of investing is here and is making commercial real estate investing more accessible for individuals. Cheddar. News is on hand, Adobo caught up with Thorstein, Ceo and co founder of Crowd Street to find out how crowdfunding will become a new way of investing in what kind of potential it holds. Take a look. Music City, Athens of the South, the birthplace of country music. Nashville. Tennessee is the largest city in Tennessee and the 23rd largest city in the us home of a growing population of 682,000 and a growth rate of over 13% over the last decade. This city is truly one of a kind, with a rich history, massive music scene, home to several major sports teams and a rising food scene. Nashville truly has something to offer for anybody. Just steps away from the honky tonks and the hustle of Nashville's famous broadway strip lies a brand new 14 story, 262 room hotel development at the heart of Music Row. The Virgin Hotels. Nashville brings the term boutique hotel to an all new level. But it also has a unique backstory and how this project came to life through crowdfunding investing. For too many years. Individual investors couldn't access commercial real estate investing. There had to know the developer operator and invest a large amount or they had to be an institutional investor, in which case they had to put in $25 million or $50 million. So incomes crowd Street. Crowd Street is an online commercial real estate investing platform that is reinventing real estate investing end to end. Since its launch in 2014, the crowd street marketplace has closed on over 600 commercial real estate investment offerings to date, with $3 billion street marketplace. Every day we see hundreds of new investors showing up at Crowd Street interested in investing directly into private real estate. It really gives that investor more diversified portfolio and have real estate. As part of that, Virgin Hotels. Nashville was funded back in January of 2019. This particular project had 124 investors funds $6.7 million street marketplace for just eight days. Really did demonstrate the power of the crowd if you will and the ability for investors to have access to these wonderful asset types that they've never had before. Today, we've had thousands of investors on crowd Street participates and they've received over $500 million of distributions back to the investors, 98% of investors plan to make at least one commercial real estate investment in 2022. That's according to Crowd Streets Second annual investor benchmark survey, 66% of investors plan to allocate more of their portfolio to commercial real estate crowdfunding for investors, comes with its fair share of perks and just about anyone can get in on the action. It's very easy to get started today. Go to crowd ST dot com, you can register for free and right away start looking at these individual commercial real estate opportunities. We also publish the best places to invest. Every year. We always host new investor orientation webinars where we teach them the fundamentals of investing in commercial real estate. There's a lot of great content educational information for investors to participate across different asset types. Our thanks again to check the news is henna jojoba in Nashville Tennessee with tourists. Tina Ceo and co founder of Crowd Street. To learn more about how you can invest in institutional quality, real estate, visit crowd ST dot com.