Eyes on Austin: Texas’ Capital City Tops National Lists for Investors

When the real estate investment platform CrowdStreet was weighing where to relocate its headquarters from Portland, Oregon, its leaders considered a number of factors such as cost of living, the opportunity for growth, and access to a major research university. After some exploring, the choice was clear: Austin, Texas. “We did a search to understand where a majority of the investors were based. Texas came in at No. 2,” says CrowdStreet CEO and Co-Founder Tore Steen. “When looking at all the projects in the marketplace over the past seven years, the state is number one.” Steen adds that Austin also represents a diverse and highly educated population with a quality of life that is very similar to Portland, something that was important to the CrowdStreet team. “I plan to be the first Portland-based employee to move,” Steen says. “All of our employees have been given an option to continue working with our hybrid model (either in-person or remote as it works for them) or make the move to Austin with the help of a relocation package.” Click to read more at www.rednews.com.