The Urban Developer
AdvertiseEventsWebinars
Urbanity
Awards
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
Interested in a Corporate TUD+ Membership? Access premium content, site tours, event discounts and networking opportunities
Interested in a Corporate Membership? Access exclusive member benefits today
Enquire NowEnquire
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Partner Lab
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
OtherStaff WriterTue 14 Apr 15

Real Estate Tech Now Targeting Institutional Investors

TUD+ MEMBER CONTENT
c
SHARE
print
Print

The slew of technology start-ups targeting the real estate sector continues, with a new real estate investment vehicle based in New York giving a hint of things to come.

Cadre is a technology-driven real estate investing platform that provides institutional investors with access to  quality real estate opportunities.

“We’re looking to provide greater access to thoroughly institutional deal flow,” Ryan Williams, co-founder and CEO of Cadre, told New York real estate new site The Real Deal.

Through the platform, investors can select specific deals rather than put their money into funds or real estate investment trusts, which don’t allow them to pick transactions.

The concept is similar to newly-launched Australian website 

crowdfundUP which is targeted more at the private, non-institutional investor market.

According to The Real Deal, Cadre has raised $18.3 million in its Series A round, led by Thrive Capital, a venture capital firm founded by Joshua Kushner, and General Catalyst Partners, a venture firm whose investments include Snapchat and Airbnb.

Some of New York real estate’s biggest players, including the city’s largest commercial landlord, have also bet on the startup.

Though Cadre has been in “stealth beta mode,” investors – including family offices and sovereign funds — have already invested $50 million worth of deals through it.

The number of real estate tech startups continues to snowball in the US, with new companies sprouting in fields ranging from leasing to market intelligence, and from crowdfunding to visualization.

Since 2012, it is estimated that US investors have poured more than $800 million into the space.

In Australia, the same trend is evident with a steady flow of potentially disruptive tech startups, including two new websites earlier this month that will help to open up new markets for home sales.

Pioneering online real estate investment platform,

BrickX, and Mandarin-language mortgage comparison website,

chengdai.com.au, will both bring buyers into the market who otherwise faced substantial obstacles.

The BrickX platform will enable wholesale investors to acquire shares in individual properties by trading “bricks”, which are interests in trusts that hold individual properties, for as little as $66 per brick.

Meanwhile, N1 Finance, a mortgage brokerage based in Sydney, Brisbane and Melbourne, has made it easier for Mandarin-speakers to buy, by creating the first Australian mortgage comparison site in Mardarin.

www.chengdai.com.au will offer rate comparisons for more than 30 lenders.

OtherOfficeAustraliado not useMelbourneBrisbaneTechnologyOther
AUTHOR
Staff Writer
"TheUrbanDeveloper.com is committed to delivering the latest news, reviews, opinions and insights into the best of urban development from Australia and around the world. "
More articles by this author
ADVERTISEMENT
TOP STORIES
Exclusive

Brains, Guts and Determination: How Salvo Property Shapes Melbourne’s Skyline

Marisa Wikramanayake
5 Min
Fraser and Partners founder Callum Fraser
Exclusive

Saving Our CBDs: Architect’s Blueprint Paves Way for Office-to-Resi that Works

Leon Della Bosca
8 Min
Exclusive

Watchdog’s Court Loss Throws Spotlight on Union Balancing Act

Clare Burnett
6 Min
Time and Place's The Queensbridge Building at 90 Queens Bridge Street in Melbourne's Southbank.
Exclusive

Innovation Keeps Time & Place’s Southbank Skyscraper Rising

Marisa Wikramanayake
6 Min
Breathe Architecture founder Jeremy McLeod in front of his Featherweight Home design
Exclusive

Nightingale Founder’s Bid for Affordable Architectural Kit Homes

Leon Della Bosca
7 Min
View All >
Novus on Victoria Chatswood
Build-to-Rent

Novus Plots Second BtR Tower for Chatswood

Renee McKeown
PBSA DA Hindmarsh Square student accomodation tower
Student Housing

Student-Friendly Adelaide Draws 35-Storey PBSA Proposal

Renee McKeown
West End Stockwell Vulture Street DA hero
Development

Stockwell Files Tower Plans in West End Stomping Ground

Phil Bartsch
The 16-storey mixed-use proposal comprises 132 apartments and 602sq m of retail/commercial tenancies...
LATEST
Novus on Victoria Chatswood
Build-to-Rent

Novus Plots Second BtR Tower for Chatswood

Renee McKeown
2 Min
PBSA DA Hindmarsh Square student accomodation tower
Student Housing

Student-Friendly Adelaide Draws 35-Storey PBSA Proposal

Renee McKeown
3 Min
West End Stockwell Vulture Street DA hero
Development

Stockwell Files Tower Plans in West End Stomping Ground

Phil Bartsch
3 Min
Westmead Gene Technologies Building EDM
Life Sciences

Plans for $272m Parramatta Biomedical Facility Go Public

Clare Burnett
3 Min
View All >
ADVERTISEMENT
Article originally posted at: https://theurbandeveloper.com/articles/real-estate