Oversubscription

A commercial real estate offering is “oversubscribed” when the investor funds offered exceed the total equity the sponsor was looking to raise. Essentially, it means there is more demand than supply. To help reduce the rate of oversubscribed offers on the marketplace and ensure that all investors have equal opportunity of access to sponsor deals, CrowdStreet instituted a three-day waiting period where investors can indicate interest an offer, but no one is actually allowed to submit funds.