CrowdStreet, a technology provider with an online marketplace for direct equity investment in commercial real estate (CRE), announced that Tore Steen has been recognized by The Financial Technology Report as a Top 50 Financial Technology CEO Of 2020.
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Tore Steen was identified as an exceptional executive who is helping to democratize commercial real estate investing. As the CEO of CrowdStreet, Steen has led the formation, launch, and rapid growth of the company’s leading online marketplace for commercial real estate investing. Steen has a longstanding reputation as a business leader in the internet and software industries with deep expertise in strategy, business development, sales, and marketing for both publicly traded and private enterprises.
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“It is a great honor to receive this award, and I thank the Financial Technology Report as well as the CrowdStreet team who are dedicated to building the ultimate marketplace,” Steen stated. “Financial leaders have been put to the test in the last several months. We’ve been forced to evaluate the business and pivot on an unforeseen timeline, ensuring that in uncertain economic times our business still grows. With such a strong team behind us, we’re excited to see the positive results of these changes in years to come.”
Under Steen’s leadership, the CrowdStreet Marketplace has published over 420 deals and recently surpassed $1.1 billion in invested capital into commercial real estate deals made by individual investors. CrowdStreet has also had a number of record-breaking deals, helping sponsor clients raise millions in minutes. CrowdStreet sponsors have distributed more than $135 million in returns since the Marketplace launched in 2014, as reported to the company by sponsors.
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