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factory
CrowdStreet
corporate_fare
Real Estate
where_to_vote
Portland
paid
Funding Stage - Series C
person
Layoff Count - 24

Posted on August 05, 2022

CrowdStreet, Portland real estate funding startup, lays off a fifth of its staff

CrowdStreet, Portland real estate funding startup, lays off a fifth of its staff

CrowdStreet, a Portland company that funds commercial real estate developments through its website, laid off 24 of its 110 employees Monday.

The coronavirus outbreak has thrown the commercial real estate sector into tumult, with most office workers doing their jobs remotely and the broader economy heading sharply downward.