New Platform Deep-Dive Review: Gatsby Investments

Gatsby Investments is a hyper-focused multi-family operator in LA county with a remarkable looking track-record claiming 48 properties over 8 years (and returning about 23% IRR). It also impressively reports zero losses during the 2 to 3 years of the recent multifamily downturn. Debt is also conservatively low and long-term. On the down-side, it doesn't currently disclose it's co-investment or type of debt (fixed versus floating). And it appears to offer no preferred return in it's waterfall.

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What is F Gatsby Investment?

Gatsby Investments is a Los Angeles–based real estate crowdfunding platform that focuses exclusively on multifamily ground-up development, build-to-rent, and renovate-to-sell (flip) projects. Since 2017, it claims to have completed 48 deals with no investor losses and an average 23.32% IRR — notable figures for a platform new to the Real Estate Crowdfunding Review.

Unlike many newer entrants, Gatsby Investments provides a full historical track record and tends to use conservative leverage. The deep-dive deal reviewed featured 65% loan-to-value (LTV) and 30-year debt, which helps reduce both refinancing and interest-rate risk. Deal flow is also solid, with four active offerings at the time of review.

On the other hand, the platform does not currently show co-investment (“skin in the game”), and one key debt detail (whether rates are fixed or floating). Fee information is also limited, and Gatsby appears to offer no preferred return. Its hyper-local focus in Los Angeles may provide deep expertise and connections, but also makes it unlikely that an investor would fund all their deals through the platform (due lack of diversification and increased exposure to regional risks such as wildfires).

Bottom line:

• Pros: Transparent track record with 48 projects and strong claimed performance, conservative 65% LTV and long-term debt, healthy deal flow, and focused expertise in Los Angeles multifamily development.

• Cons: No visible co-investment, missing debt details (fixed vs. floating), unclear fee structure and no preferred return, and geographic concentration in one market.

Gatsby Investments is open only to accredited investors. Whether it makes sense for you depends on your personal risk tolerance, experience, and portfolio goals.

Get more Info (including a due-diligence deep-dive)

👉 Read the full step-by-step due diligence breakdown — including fees, debt structure, and my conservative investor perspective — in the complete Gatsby Investments Review.