Real Estate
CrowdStreet 2026: What Happened After the $63M Fraud and Is It Safe Now?
8 million of investor capital in the 2023 Nightingale fraud. CEO Elchonon Schwartz was sentenced to 87 months in prison in May 2025 with $45.8 million in restitution ordered. Only 13% of stolen funds
Jeff Barnes, MBA··7 min read
Real Estate
Preferred Equity in Real Estate Syndications: Structure, Returns, and What You Risk
Preferred Equity in Real Estate Syndications: Structure, Returns, and What You Risk By Jeff Barnes, MBA | AIN | June 20, 2026 TL;DR: Preferred equity sits between senior debt and common equity in the...
Jeff Barnes, MBA··11 min read
Capital Raising
CrowdStreet Review 2026: $4.5B Platform After the $63M Fraud
TL;DR On May 19, 2025, U.S. District Judge Steven Grimberg sentenced Nightingale Properties CEO Elie Schwartz to 87 months in federal prison for stealing $62.8 million from roughly 800 CrowdStreet inv
Jeff Barnes, MBA··11 min read