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EDGAR Verified
Primary Source · SEC.gov

CrowdStreet Build-to-Rent & Multifamily Fund I, LLC - Series I

CIK 0001884886Fund Vehicle2021 vintage506(c), 3(c)(1)

Raised

$16M

Investors

101

Min Invest

$50,000

AltStreet Analysis

·

Generated from EDGAR primary sources

CrowdStreet Build-to-Rent & Multifamily Fund I, LLC - Series I is a Delaware pooled investment fund managed by CrowdStreet Advisors, LLC with Sheldon Chang as executive officer. The fund raised $15.8M from 101 accredited investors under Rule 506(c) and 3(c)(1) exemptions, with a $50K minimum investment. First sale date was not disclosed in this September 2021 filing.

This real estate fund employs a 506(c) exemption allowing general solicitation to accredited investors, with a $50K minimum that positions it in the mass-affluent tier typical of crowdfunding platforms. The 101-investor count and $15.8M raise suggest an average commitment of approximately $156K, consistent with online real estate syndication platforms targeting retail accredited investors.

Data Flags

totalAmountSoldLarge investor count (101) relative to capital raised ($15.8M) results in average investment of ~$156K, only slightly above the $50K minimum, suggesting predominantly smaller retail checks
salesCompensationNo sales commissions stated on a $15.8M 506(c) offering with 101 investors, which is unusual for offerings with general solicitation and this many retail participants

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0001884886
Entity NameCrowdStreet Build-to-Rent & Multifamily Fund I, LLC - Series I
Exemption506(c), 3(c)(1)
First Sale Date
Filing DateSeptember 29, 2021
Accession Number0001884886-21-000001
Total Amount Sold$16M
Total Investors101
Minimum Investment$50,000
Securities TypePooled Investment Fund
State of IncorporationNot specified
Amendment CountOriginal filing only

Related Persons (Form D)

Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.

Managing Member CrowdStreet Advisors, LLC

Director · Austin, TX

Sheldon Chang

Executive Officer · Austin, TX

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Data Methodology

Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. AltStreet analysis (summaries, flags, category context) is generated by Claude from this primary source data and reviewed for accuracy. Platform-provided information (if present) is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. EDGAR data is verified read-only — platforms may request factual corrections for demonstrable inaccuracies by contacting research@altstreet.investments. This page does not constitute investment advice.