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PeerStreet Drops Investment Minimums To $100

Los Angeles-based PeerStreet, the startup which offers up investment opportunities in real estate backed loans, says it has dropped investment minimums on its service to just $100, when used with automated investments. The company says the drop in minimums is aimed at helping its individual investors better diversify their portfolio. PeerStreet has now had over $2 billion in transactions on its platform, as of March, according to the company. The company is venture backed by Andreessen Horowitz. The company offers up both residential and commercial property loans.