PeerStreet, a Los Angeles-based platform for real estate-backed loans, raised $60 million in a Series C round with Colchis Capital leading the round dominated by institutional investors.
Colchis Capital, launched in 2005 by father and son team Robert and Ted Conrads, is a San Francisco-based firm that focuses strictly on investment themes catalyzed by market dislocations within private credit, real estate, venture capital and securitized assets.
“We’ve been a strategic partner of PeerStreet for years as an investor in the company and in loans on the marketplace. Leading this round was . . .
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