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Beware of Platform Risk - How PeerStreet, a Real Estate Crowdfunding Firm, Went Bankrupt

Money For the Rest of Us

CHAPTER

Pierce Street's Restructuring Strategy

Rising interest rates reduced demand for mortgages. Pierce Street found there were fewer borrowers on the platform and fewer institutional investors willing to buy the loans. The next time you need a part or accessory for your car, head to your nearest Napa store or use code money10 at checkout to get 10% off your order.

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