A technology-driven real estate investment website, Cadre has recently announced two new offerings, Cadre Secondary Market and Cadre Managed Portfolio to streamline the investing commercial real estate process, making it more accessible. Cadre's hope is that these two significant offerings will bring investors liquidity and new ways to invest in commercial real estate.
Cadre Secondary Market is the first online platform to enable the trading of private real estate investments. By empowering investors with the ability to list their stakes in a building, Cadre is enabling potential liquidity where it has never existed before and making real estate investing more approachable for those who have avoided the asset class due to long holding periods that could tie up capital for five to 10 years at a time. Through Cadre Secondary Market, investors can now seek to sell their position after just one year. In limited pilots to date, investors have already successfully completed over 40 transactions ranging in size from small individual positions to multi-million dollar blocks.
“Commercial real estate has historically been one of the highest-performing asset classes, but the lack of liquidity is a huge barrier that has limited most investors' desire to participate,” Cadre CEO and Co-founder Ryan Williams said. “Cadre Secondary Market gives you more flexibility to buy and sell your position when life demands it. This is the first big step toward our vision of creating a market for all alternative assets and making investing in any asset as easy and approachable as buying and selling stocks.”
In addition to Cadre Secondary Market, the company has launched Cadre Managed Portfolio, allowing investors to automatically build a diversified portfolio of institutional quality real estate, with dramatically lower minimums. Investors can now make a one-time commitment of $25,000 per deal across 10 deals, making it simpler and more efficient than ever before to build a commercial real estate portfolio. Managed Portfolio is a direct evolution of the over $300 million that Cadre manages on behalf of its more institutional clients, including the company’s previously announced partnership with Goldman Sachs.
“Managed Portfolios are how we envision the majority of people should be investing in commercial real estate,” Williams said. “Diversifying your portfolio between property types and geographies is important to minimize risk and maximize returns, but it takes a lot of work and expertise. Now, Cadre is doing the heavy lifting so you can invest and diversify even without extensive knowledge of cap rates and market dynamics.”
With Cadre Secondary Market and Cadre Managed Portfolio, Cadre continues to execute on its vision of improving more people's financial futures by providing investors access to differentiated real estate opportunities in a more efficient, flexible way.
Edited by V. Haviland
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