Crowdestate Loit

Loit Linnupõld


Loit is a seasoned finance executive with 20+ years of industry expertise.He successfully created the first Baltic private banking organization as well as founded and managed a full-scale commercial bank. Loit has also worked as a CEO of SEB's and Swedbank's investment and pension fund management companies and was Nordea's head of investment products in Baltics and Poland. Loit's real estate experience goes all the way back to 2003, when he established the first Estonian real estate fund (Baltic Real Estate Portfolio AS). 

Loit has graduated from Tallinna Technical University (BA, economics) and Estonian Business School (MBA, international finance).

Crowdestate Kristjan

Kristjan Mauer

Business Development Partner

Kristjan is a skilled business manager, who has knowledge in business development, sales and marketing. Kristjan has got years-long experience in media field working as a CEO in a newspaper company SL Õhtuleht AS.  After what he decided to work as a freelancer and provide consulting, project management, business and real estate development services.

Kristjan has got a bachelor's degree in business administration from Estonian Business School.

Crowdestate Herki

Herki Hollak

Business Development Partner

Herki has been operating in the real estate industry for more than 20 years. He started his career in corporate banking in Hoiupank and Swedbank before moving on to the real estate industry. Herki has completed many business and residential developments in Tallinn, Pärnu, and Haapsalu, and has participated in the development of several land area concept plans and carried out those plans in Tallinn, Pärnu, and Maardu. He has also been involved in the financial management of several companies.

Herki has a Master’s degree in corporate finance from the School of Economics and Business Administration of the University of Tartu.

Crowdestate Imre

Imre Noorkikas


Imre has more than 15 years of experience in corporate finance as an analyst, CFO and financial advisor. Over the past few years Imre has been providing strategic advisory services for SME sector, through improvement of internal financial management systems, KPI development and increasing the overall value of the business.

Imre has an MBA in financial management from Tartu University.

Crowdestate Gerda

Gerda Laura Liiv

Marketing / Community Manager

Gerda Laura is good at communicating in Estonian and English, which is thanks to the years-long experience in sales and living in the United States of America. Gerda has always been interested in investing and has participated in real estate investment trainings over the years. On her free time she writes poetry and focuses on self-development.  She finds that the most important thing about choosing a profession is how the job supports your personal development and helps to raise your self-awareness.

Gerda Laura has a bachelor's degree in advertising from Tallinn University and has experiences in copywriting and assisting project managers in different Estonian advertising companies. Gerda has knowledge in social media marketing, SEO, Google Ads and Analytics, using Photoshop, Illustrator, InDesign program etc.

Crowdestate Kristel

Kristel Arras

Junior Marketer

Our youngest team member Kristel is the one who takes care of Crowdestate’s social media channels. She has spent two years traveling around Australia and Asia, where she gained her communication skills in English. Currently, Kristel is making her first steps in the marketing field, which she finds really exciting. Her goal is to be a better person today than yesterday.

Kristel is in the process of acquiring a Bachelor’s degree in Business Marketing at TalTech University.

Crowdestate Edgars

Edgars Ivanovs

Business Development Partner

Edgars Ivanovs is an innovator with an expertise in real estate and urban development. Since 2004 he has been managing different real estate projects in Latvia (advisory, transactions, restructuring). Edgars has gained international experience as a member of Citymart team (Barcelona) and successfully delivered innovation research projects for San Francisco, Lagos, Barcelona, Malmö and Moscow. He has also carried out urban development projects such as Roja village WiFi cloud while working as Economic Development Advisor for Roja Municipality, Latvia.

Currently Edgars wears two hats. He is a real estate crowdfunding platform Crowdestate partner in Latvia and a developer of Riga Powerhouse which is a coworking space for creative companies.

Edgars holds MBA degree and is actively supporting innovations and urban development initiatives as moderator and speaker at various conferences (MIPIM, Riga Comm, BREL Forum, Real Estate and Construction in the Baltics, Education for Sustainable Development) and workshops (Masters Summer School Urban Challenge, Riga Powerhouse: Ignition, Learning journey: Collaborate).

Crowdestate Niccolo

Niccolo Pravettoni

Business Development Partner

Niccolò is a digital marketing expert with a strong passion for real estate. He has several years' experience working for top leading international companies such as Airbnb and Google, running their business development strategies to increasing performance in Italy. He has an in depth knowledge of the Italian real estate market, including expanding trends and patterns from estate auctions to short-term rentals. Niccolò considers the internet to be a powerful tool when applied to traditional markets and companies, to make them globally accessible, transparent and even more successful. 

Niccolò has his Bachelor degree in Business Administration and a Masters Degree in Marketing Management from Bocconi University in Milan, Italy. In addition, he has also perfected his studies abroad living in Argentina and Ireland.

Crowdestate Giorgi

Giorgi Chalaganidze

Business Development Partner

Giorgi has up to 10 years of management and business development experience. 

With the belief that technology helps us to save time, cut down on bureaucracy and overall to make everyday life easier Giorgi has helped international software/internet companies Integration Point (global trade software platform acquired by Thomson Reuters) and Shift Technologies (San Francisco based startup that raised over $200 million in 5 years) to develop partnerships, scale, successfully implement solutions, identify profitable markets and build new products to better serve customer needs. 

With a strong passion and profound expertise in Georgian real estate market, Giorgi has been working on short and long-term rental projects for several years. 

Giorgi holds a Bachelor’s Degree with honours in Management from Manhattanville College, USA. 

Crowdestate Robert Butoi

Robert Butoi

Business Development Partner

Robert has more than 17 years of experience in banking, sales, and management. He brings in a broad expertise of corporate finance and real estate development, from residential and office to industrial and retail. He is a strong believer in financial disintermediation and the power of technology to deliver freedom of choice to the individual investor.

He holds a Bachelor's degree in International Business and Economics and a Master's degree in Financial Management and Capital Markets from the Academy of Economic Studies in Bucharest and he is a CFA® Charterholder since 2008.


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