We see a number of investments on various crowdfunding platforms that are overpriced and being offered by inexperienced operators, and I expect this will lead to additional turbulence in the space. This does not spell doom and gloom for the industry though, as the platforms that are sophisticated, knowledgeable and responsible enough to make or enable smart investments will stand the tests of both time and shifting market cycles.
Real estate crowdfunding is going through a bit of a transition right now. Some platforms that garnered early traction have dimmed or disappeared while