When Nightingale Properties raised more than $50M in equity to acquire a massive Atlanta office complex last year, it was the highest-dollar campaign in real estate crowdfunding site CrowdStreet’s history. Most of that money is now missing, an independent fiduciary told investors on Friday, alleging that Nightingale and its CEO, Elie Schwartz, misappropriated the funds. 
“We believe that Elie Schwartz and Nightingale have demonstrated a blatant disregard for legal, ethical, and moral standards,” a CrowdStreet spokesperson said in a statement to Bisnow Friday. “When we became suspicious of potential financial misconduct, we alerted regulators and negotiated for the appointment of…  Read the full story here. | 
