PeerStreet is a crowdfunding platform that provides investors with easy access to high-yielding loans which are collateralized with real estate. It gives accredited investors the opportunity to invest in short- and mid-term real estate loans directly, alongside institutional and other large lenders with individual investments starting from as low as $1,000. PeerStreet charges 1% off the interest payments from the provided loans and sends the other 99% to accounts in City National Bank where investors are able to withdraw their money from FDIC-insured accounts. Launched in 2013, PeerStreet is operated from Manhattan Beach, California.
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