Challenged (1 out of 10 stars)
Review and Ranking
What is Peer Realty?
IMPORTANT COVID-19 UPDATE: this info was posted before anyone knew we would be facing a global pandemic in the spring of 2020. So it may be missing crucial information necessary to making an effective investment today. Some of the information in it may be dated, no longer accurate and/or irrelevant. For information on analyzing investments in this new era, see: "How will Covid-19 / Coronavirus Affect my Alternative Investment Portfolio?"
Peer Realty specializes in commercial real estate equity. They offer both funds and specific properties.
Unfortunately, they did not have any open investments this year when we did our sampling, nor when we revisited it again 30 days later. As a result we've had to remove their ranking. I hope this changes in the future so we can revisit it.
Their fees are lower than the average site. Additionally, they have strong bankruptcy protection with a backup administrator specified in advance.
On the downside, the due diligence package is not as complete as the top-tier competitors. We personally didn't feel we had enough information to proceed forward. This was disappointing in an otherwise solid experience. We feel that if the company can improve their due diligence package, they may move up to the next tier in the next rankings.
Advantages: Lower minimums at $5000 (versus $10,000 average). Strong bankruptcy protection (backup administrator).
Disadvantages: Due diligence package is not as complete as the top-tier competitors.
Where can I discuss other Peer Realty deals?
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Who are Peer Realty Competitors?
Here are the reviews and rankings for other similar sites.
None (out of 100+) Last year ranking:#15.
Code of Ethics: To maintain objectivity, I do not accept any money from any sponsor or platform for anything (including affiliate ads, advertising etc.). See code of ethics for more.
Personal opinion only: All info is my personal opinion only as an investor. I am not a registered financial advisor, attorney or accountant. Always do your own due diligence and consult with your own licensed professionals before making any investment decision. Information is believed to be correct but may have errors, so use at your own risk. If you find an error, please let me know.
Rankings/rating are general: In my opinion, every investor comes from a different risk tolerance and financial situation, so there's no such thing as a single investment or platform that's great for everyone. There are many deals that aggressive investors love, which I won't touch, and vice versa. And every investor has their own way of doing due diligence. I believe there's no one right way to do it.
So, the site rankings/ratings are based on criteria which I feel are important to the broadest range of investors (transparency, volume, bankruptcy protection, etc). And even though I have my own personal, conservative, due diligence method (and talk about how the site's deals measure up in the "deep dive section"), I don't use my personal criteria as a factor in the rankings. So for example, a high ranking/rating doesn't mean that I would personally invest in a site (and vice versa). Click here to see what's in my own portfolio.
Have you used the above site before? What was your experience?
This site has been ranked and reviewed as part of our in-depth, 100+ site industry review. All data is believed to be correct, but may have mistakes. Please contact us if you notice one. All non-data (including rankings, investor comment summaries, etc.) are my opinion only. I'm just an investor and not an attorney, accountant, or certified financial advisor. To maintain neutrality: I do not own a portion of any of the companies reviewed.
About Ian Ippolito
Ian Ippolito is an investor and serial entrepreneur. He has been interviewed by the Wall Street Journal, Business Week, Forbes, TIME, Fast Company, TechCrunch, CBS News, FOX News, USA Today, Bloomberg News, Realtor.com, CoStar News, Curbed and more.
Ian was impressed by the potential of real estate crowdfunding, but frustrated by the lack of quality site reviews and investment analysis. He created The Real Estate Crowdfunding Review to fill that gap.