Latest / The OMC Real Estate Podcast
High Returns, Higher Risks:CrowdStreet and Nightingale:How $63M Went Missing — And What Investors Should Learn
CrowdStreet and Nightingale – How $63M Went Missing In this episode, we unpack one of the biggest real estate investment scandals in recent history: the $63M that vanished from two highly publicized CrowdStreet offerings tied to Nightingale Properties. What started as “institutional-quality” deals quickly unraveled into bankruptcies, SEC charges, and a DOJ guilty plea. We break it down in plain English: What investors thought they were funding vs. what really happened How weak controls let sponsor-controlled accounts drain millions The fallout—lawsuits, regulatory changes, and criminal…
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