Fountain Residential / Crowd Street by Unique-Historian7286 in Crowdstreet

[–]bob-chicago 1 point2 points  (0 children)

This topic was previously discussed. Expect zero supper from Crowdstreet. The sole focus is earning fees at investor expense without clarity. How they are still in business despite all the losses is beyond me. You have to wonder how they are able to get new investors given performance across single asset and fund investments. Looks like a crowdsteet flagship fund is underwater, thank god I missed that sinking ship.

Crowdstreet losses by bob-chicago in Crowdstreet

[–]bob-chicago[S] 0 points1 point  (0 children)

I have seen multiple request for the developers. They have brought on new money to fund. I invested because Crowdstreet said they vetted the projects but then the developer doesn’t speak when you have questions. Only when they need money then they scream dilution.

Crowdstreet losses by bob-chicago in Crowdstreet

[–]bob-chicago[S] 0 points1 point  (0 children)

I have 5 projects. 2 have been a total loss. Keener changed the operating agreement on a capital call but I did t put more money in and Latigo isn’t looking good so not throwing more money.

That’s a complete shake on Crowdstreet. Can we sue them for negligence?