The CrowdStreet Story
Making the markets work better for everyone.
During the Great Recession, our co-founders Tore Steen and Darren Powderly saw how many people were overly reliant on Wall Street for their investment opportunities. Realizing the importance of diversification outside of public equities, combined with the rise of a new investment vehicle known as equity crowdfunding, the two co-founded CrowdStreet in order to give individual investors better access to real estate, the 3rd-largest asset class in the U.S.
OUR VISION
We’re reinventing real estate investing to deliver better financial outcomes.
Together–the investors, sponsors, and partners of CrowdStreet–we are reinventing real estate investing end-to-end. Fundamental to this transformation is a major shift, not only in how investors and sponsors connect online, but also in how we can create a more efficient, transparent, and trustworthy market for all participants.
By combining our team’s commercial real estate investment expertise with our proprietary technology, CrowdStreet gives individual investors direct access to a range of investment opportunities and all the online tools needed to manage those investments. As of December 30, 2022 , thousands of investors have invested over $3.9 billion in more than 732 projects.

OUR MISSION
Deliver the best online real estate investing experience and make it easy for individual investors to help diversify their portfolios.
With direct access to commercial real estate opportunities, CrowdStreet enables accredited investors to diversify their portfolios with the 3rd-largest asset class in our country. Browse the Marketplace.

MEET OUR EXECUTIVE TEAM
The CrowdStreet team has 120+ years of combined experience in real estate, software development, online marketing, and private equity.

Tore Steen
Chief Executive Officer, Co-Founder
Tore is 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.
Prior to CrowdStreet, Tore was instrumental in leading the product, sales, marketing, and business development efforts for Janrain, taking them from early stage rapid growth phases to becoming the recognized leader in the social identity space with a full user management platform and global enterprise customers. He has held senior leadership roles as the Vice President of Business and Corporate Development at WebTrends and Director of Business Development at EarthLink.
Tore earned a Master of Business Administration from Duke University and a Bachelor of Arts in political science from the University of Notre Dame.

Darren Powderly
Co-Founder, Chief Business Development Officer
Darren founded CrowdStreet in 2012 after identifying the need to radically improve people’s access to commercial real estate investments via technology. Over his 20+ year career, Darren has transacted billions of dollars’ worth of commercial real estate investments and enterprise software contracts. Darren is a driven leader who loves building relationships based on mutual success. In addition to building businesses, leading teams and advising a prestigious list of national clients, Darren has personally owned commercial real estate, syndicated investment groups and developed properties from the ground up.
Prior to founding CrowdStreet, Darren served as President of Compass Commercial, a full-service commercial real estate services company. Darren launched his career in software at Oracle/ATG in San Francisco where he managed 17 sales people while performing as an individual top-producer. An entrepreneur at heart, Darren started his first profitable business at 19 years old in Boulder, CO.
Darren is a graduate of the Leeds Business School at the University of Colorado, Boulder and a CCIM designee, a recognized expert in investment real estate. Darren is a full member at Urban Land Institute.

Ian Formigle
Chief Investment Officer
Ian is a real estate professional and serial entrepreneur with over 25 years of experience in real estate private equity, startups, and equity and options trading. At CrowdStreet, Ian is the Chief Investment Officer (CIO) and leads the Office of the CIO division, responsible for the overall investment strategy of the firm. Ian serves as a member of the CrowdStreet Executive Management Team and the Chairman of the CrowdStreet Advisors Investment Committee. He joined CrowdStreet in 2014, one year after the company’s inception, as the Vice President of Investments with responsibility for the business and investment performance of the Marketplace, leading a 29-member team of commercial real estate investment professionals. As of December 2022, Ian was responsible for the approval of over 732 investment offerings, with a total commercial real estate value of $30bn+, resulting in $3.9bn raised on the platform by third-party sponsors.
Prior to joining CrowdStreet, Ian was Vice President of Business Development for ScanlanKemperBard Companies, where he managed the firm’s alternative investment platform and served as a senior acquisitions officer on a team that acquired some $500mm of commercial real estate assets during his tenure. Previously, Ian co-founded and served as CEO of Clarus Property Ventures, a regional real estate private equity firm that focused on multifamily acquisitions. Ian began his career as an equity options market maker and member of the Pacific Exchange.
Ian contributes to the real estate industry as a thought-leader, serving as a member of ULI’s Technology Council, and contributing as an author at Forbes.com and in his latest book, “The Comprehensive Guide to Commercial Real Estate Investing.” Ian holds a BA in Economics and a BA in Political Science from the University of California at Berkeley as well as a FINRA Series 7 license. For more information on registered representatives, please visit FINRA's BrokerCheck.

Genni Combes
Chief Financial Officer
Over the past 15+ years, Genni Combes has served as a finance and operations executive at both public and private companies with a focus on leading tech firms through growth stages from startup through to IPO. She started her career on Wall Street, having served as an equity analyst covering the e-commerce, fintech, and broader tech sectors on both the buy and sell-side. During that time, she acted as an underwriting analyst in over 20 equity transactions for companies such as Intuit, E*Trade, E-Loan, Amazon.com and Pixar.
She most recently served as the CFO at ApplePie Capital where she led the finance and operations teams. Prior to that, Genni held senior executive roles at Sungevity and ZipRealty in addition to serving as a Managing Director at JP Morgan H&Q.
Genni holds a BA in Economics with highest honors from the University of California, Santa Cruz.

Londa Quisling
Chief Technology Officer
Londa is an accomplished engineering and product technology executive who has served in various roles with high-tech companies for more than 20 years.
Most recently she was the Chief Product Officer at Treehouse, which provides online technical education and apprenticeship programs. At Treehouse, Londa led all aspects of product strategy, development, and delivery of products & services. She has also served as the VP of Engineering & Product Development at NAVEX Global and Ethics Point, as well as the VP of Product Development at Iterasi.
Londa holds a BS in Applied Mathematics from the Engineering School at the University of Colorado Boulder.

Derek Sidebottom
Chief People Officer
With more than 2 decades of experience heading up Human Resources in various global roles, Derek has led both private and public organizations through hyper-growth, IPO’s and successful M&A exits, while earning both local and national top employer recognition.
Prior to joining CrowdStreet, Derek advised, coached and led executive teams in such diverse industries as fintech, adtech, consumer software, marketplace rewards, machine learning security, consumer hardware, aerospace, telecom and professional services. Derek’s consulting and professional work now focuses on scaling hyper-growth distributed teams and speaking as an engaged future of work advocate.
Derek holds a BA in Psychology from L’Université d’Ottawa, a Graduate Diploma in Human Resources from Humber College and an MBA from Canada’s Athabasca University.

Sheldon Chang
SVP Investment & Wealth Solutions
Sheldon is a financial services executive with 30+ years of experience in leading alternative investment product and distribution businesses and investment banking. At CrowdStreet, Sheldon leads the firm’s investment management and advisory services, including Funds, Private Managed Accounts and Wealth Management Solutions.
Sheldon has led over $50bn in institutional and retail fundraisings and product development, including debt and equity financings for companies and investment funds for high net worth investors. He was the Head of Product & Distribution Strategy at Artivest, an alternative investments fintech platform; and a Partner at Pantheon Ventures, a private equity and real assets investment manager, where he established its Private Wealth unit. Sheldon built and led the private equity and real assets products business at Bank of America Merrill Lynch Wealth Management and was a former investment banker at Merrill Lynch, UBS and Goldman Sachs, serving corporate and government clients in North America, Asia and Latin America.
Sheldon earned his MBA from Northwestern University’s Kellogg School of Management and his BS in Economics from Cornell University.

Kristen Howell
General Counsel & Chief Compliance Officer
Kristen Howell brings more than twenty years of legal experience in FinTech, corporate securities, and financial services.
Prior to joining CrowdStreet, Kristen was a partner at Am Law 100 law firm Fox Rothschild, LLP, where she lead the firm’s national investment funds practice. Kristen previously served as General Counsel for a registered investment adviser with $19B in assets under management and six publicly traded mutual funds. Kristen has been featured on NPR – Marketplace Tech and InsideCounsel, been quoted in Law 360 and other publications, and has spoken widely on FinTech, investments and crowdfunding.
Kristen holds a BS in Political Science from Texas Christian University and a JD from The University of Colorado School of Law in Boulder.

Scott Mackley
President, Marketplace BusinessOver the past 20+ years, Scott has built multiple businesses to $100+M in revenue. He was the #2 executive at QuinStreet (a silicon valley marketplace-based company) where he joined as an early founder when the Company had $0 revenue and just a few people. He and his team grew the Company to 750 employees, $500+ million in revenue and an IPO. For the last few years, Scott has been advising CEOs and management teams of Silicon Valley “unicorns” on everything from operations, sales, marketing, product, technology and culture. Scott started his career on Wall Street at Salomon Brothers where he had roles in corporate finance, capital markets and trading serving some of the largest companies in the world.

John Farda
Chief Product OfficerJohn is a seasoned product leader with 20 years of experience in financial services. Most of his career has been focused on building products and services designed to help investors access the financial markets in new ways. Prior to joining CrowdStreet, John was the managing director for North America at OANDA Group, a CVC Capital Partners-backed company, where he was a leader on the team positioning the company for high growth as a multi-asset trading platform. Previously, John held positions as the head of product for a fintech startup by Fidelity Investments determined to expand the investor class; as the head of trading products at E*TRADE; and as a product manager at CME Group. John holds a BA in economics and English from the University of California, Berkeley.
MEET OUR BOARD OF DIRECTORS

Tore Steen
Chief Executive Officer, Co-Founder
Tore is 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.
Prior to CrowdStreet, Tore was instrumental in leading the product, sales, marketing, and business development efforts for Janrain, taking them from early stage rapid growth phases to becoming the recognized leader in the social identity space with a full user management platform and global enterprise customers. He has held senior leadership roles as the Vice President of Business and Corporate Development at WebTrends and Director of Business Development at EarthLink.
Tore earned a Master of Business Administration from Duke University and a Bachelor of Arts in political science from the University of Notre Dame.

Darren Powderly
Co-Founder, Chief Business Development Officer
Darren founded CrowdStreet in 2012 after identifying the need to radically improve people’s access to commercial real estate investments via technology. Over his 20+ year career, Darren has transacted billions of dollars’ worth of commercial real estate investments and enterprise software contracts. Darren is a driven leader who loves building relationships based on mutual success. In addition to building businesses, leading teams and advising a prestigious list of national clients, Darren has personally owned commercial real estate, syndicated investment groups and developed properties from the ground up.
Prior to founding CrowdStreet, Darren served as President of Compass Commercial, a full-service commercial real estate services company. Darren launched his career in software at Oracle/ATG in San Francisco where he managed 17 sales people while performing as an individual top-producer. An entrepreneur at heart, Darren started his first profitable business at 19 years old in Boulder, CO.
Darren is a graduate of the Leeds Business School at the University of Colorado, Boulder and a CCIM designee, a recognized expert in investment real estate. Darren is a full member at Urban Land Institute.

Dino Vendetti
Seven Peaks Ventures
Dino has spent his career as an entrepreneur, investor, and exec in leading technology companies and is focused on building and growing the tech eco-system in Bend Oregon. He recently founded Seven Peaks Ventures, is co-founder of the Founders Pad Accelerator in Bend OR, and Adjunct Professor of Computer Science and Entrepreneurship at OSU Cascades in Bend OR.
Prior to Seven Peaks Ventures, Dino was a General Partner with Formative Ventures, Bay Partners and Vulcan Ventures. Earlier in his career, he held senior executive positions at Qualcomm, Metawave, and Dain Rauscher. He began his career in engineering design and management roles at TRW and US West Cellular.
Active board seats and investments include: Vungle, Droplr, Manzama, CrowdStreet, Inbound Writer, and Capella.

Jeff Hinck
Rally Ventures
Jeff has been a venture capitalist since 1997 and has focused on early-stage business technology companies throughout his career.
Jeff began his professional career at McKinsey & Company then started his venture career at Crescendo Ventures. He co-founded Vesbridge Partners with Rally Venture Partner Zenas Hutcheson and has been a General Partner with El Dorado Ventures since 2008. Jeff also ran Sistina Software as CEO and has twice been the President of the Minnesota Venture Capital Association (MVCA).
In his spare time, Jeff enjoys biking, boating and fine wine, preferably all in the same day.

Lawson DeVries
Grotech Ventures
Lawson DeVries joined Grotech Ventures in 2005 and is a General Partner at the firm. He focuses primarily on investment opportunities in enterprise software, SaaS and internet companies. Lawson currently serves on the boards of Atavium, Ceros, CrowdStreet, DirectScale, Optoro, RedPoint Global, TaskEasy, Tethr and UrbanBound.
He was also the first investor in NexGen Storage and sat on the board until its acquisition by Fusion-io. Lawson has also worked closely with a number of other prior Grotech portfolio companies including LogRhythm (acquired by Thoma Bravo), Logi Analytics (acquired by Marlin Equity) BroadSoft (NASDAQ: BSFT; acquired by Cisco), Collective Intellect (acquired by Oracle) and Aztek Networks (acquired by GenBand).
Prior to joining Grotech Ventures, Lawson was in the Institutional Equity Sales division of the Buckingham Research Group, a boutique independent research firm. Previously he was in the Equity Research division at Deutsche Bank where he rolled out coverage on a new division of the Industrials sector that included Caterpillar, Deere and Co. and AGCO. Prior to this, Lawson was an Associate in Deutsche Bank’s Health Care group covering Managed Care stocks.
MEET OUR BOARD OF ADVISORS

Jack Chandler
Majesteka Investments Holdings
Jack Chandler is the Founder of Majesteka Investments Holdings, a private firm providing integrated strategic leadership and capital for emerging disruptive companies at the intersection of real estate, asset management, and technology. Prior to forming Majesteka, Jack was Chairman of BlackRock’s Global Real Estate business with a focus on the strategic development of the platform as well as investment and client activities. He served as a member of the BlackRock Real Estate Global Executive Committee, the BlackRock Alternative Investment Executive Committee, and the BlackRock Alternative Investment Committee. Prior to joining BlackRock in 2011, Mr. Chandler held various positions with LaSalle Investment Management during his 25-year tenure.

Tom Byrne
Real Dynamics
Thomas Byrne is real estate technology evangelist and active business advisor, thought leading, startup mentor and investor within the real estate technology sector. Byrne was previously an Entrepreneur In Residence at Trinity Ventures. For 10 years, Byrne built and managed LoopNet, Inc. until its successful sale in 2012 for $900 million. As President and Chief Operating Officer of LoopNet, Byrne was responsible for LoopNet’s P&L and lead day-to-day strategy, acquisition review and integration, business operations, marketing, sales, client & account management, engineering product development and business development. Byrne helped steward the company thru numerous key milestones including profitability, achieving EBITDA margins of 50%, successful IPO, acquiring and successfully integrating 8 acquisitions, raising $50 million PIPE investment, and the eventual sale to Costar.
Prior to joining LoopNet, Byrne served as Group Vice President of NextCard’s Secured Card business unit responsible for the business unit’s P&L and for all functional groups including strategy, marketing, client services, portfolio management and finance. Byrne successfully led the NextCard business unit to cashflow breakeven and profitability. Prior to NextCard, Byrne held management positions at McKinsey & Company and Prudential Investments working in various investment capacities, including the Prudential Real Estate Group, in both commercial real estate and mortgage loan workout groups.
Byrne holds a MBA from the Harvard Business School and has a B.S. of Electrical Engineering, with highest honors, from Georgia Tech.

Lew Feldman
Heritage Commercial Real Estate & Technology VenturesAfter a 35-year career in Big Law as one of America's prominent capital markets lawyers, Lew Feldman founded Heritage Capital Ventures LLC in 2015 to invest in technologies that result in greater investment returns and broader capital access with lower costs and higher efficiencies. Heritage CRETech Investments was founded in 2020 to raise and deploy capital specifically for real estate applicable technologies. With the help of a ton of talented people, Lew has raised more than $100 billion in debt and equity for real estate and financial technology companies.

Chris Keber
Shelter Acquisition Corp.Chris has more than 25 years of advisory, fundraising and investment experience in the real estate industry, most recently as Head of Investments & Strategy at McCourt Global. Prior to McCourt Global, Chris was co-head of Global Capital Markets at Hines, and also held a similar role at Starwood Capital, where he formed investment vehicles and managed relationships with institutional investors around the globe.

Shawn Lese
Nuveen Real Estate
Shawn serves as the Chief Investment Officer and Head of Funds Management for Nuveen Real Estate’s ~$90 billion Americas platform. He leads a team of seasoned portfolio managers in driving investment performance and partnering with our clients on their current and prospective real estate investments. In addition, as Chief Investment Officer, Americas Shawn oversees the end-to end investment process. He is a member of the Global Executive Leadership Team and Americas Investment Committee.
Prior to joining the business in 2015, Shawn served as a managing director on the capital markets team of Grosvenor Fund Management. Shawn has also worked as an officer in Morgan Stanley’s real estate investment banking group. Additional experience includes positions at Lazard, JPMorgan and Sullivan & Cromwell. He entered the industry in 1998.
Shawn graduated with a B.A. from Columbia College of Columbia University, an M.B.A. from Columbia Business School and a J.D. from Columbia University School of Law.