Cadre (company)

rdf:langString Cadre (company)

rdf:langString RealCadre LLC

rdf:langString RealCadre LLC

rdf:langString in New York, New York, United States

rdf:langString Allen Smith, President

rdf:langString Dan Rosenbloom, Head of Investments

rdf:langString Jared Kaplan, CEO

rdf:langString Michael Fascitelli, Investment Committee Chair

rdf:langString Ryan Williams, Founder & Executive Chairman

rdf:langString Real Cadre Logo.png

rdf:langString Over 100

rdf:langString Cadre is a New York–based financial technology company that provides individuals and institutions direct access to large commercial properties. The business and financial press describe it as a service that "makes the real estate market more like the stock market" by allowing investors to select the individual transactions in which they participate, while investing a smaller amount than would be required to fully fund a transaction. For example, 12 institutional investors (such as family offices and endowments) participated in a $60 million office building purchase. The firm was named to Forbes' "FinTech50" for 4 years in a row starting in 2016. In 2019, Cadre was the cover story of the Forbes "FinTech 50" issue. In 2018, a partnership with Goldman Sachs was announced through which Goldman Sachs' private wealth clients committed at least $250 million (USD) real estate investments through Cadre. In 2020, Cadre announced its "Direct Access" fund intended to include smaller investors with a $400 million target raise. The company also offers a managed portfolio service and a real estate secondary market, as well as a cash holdings account called "Cadre Cash". The company has announced plans to address racial injustice in the United States by investing at least 10% of its Direct Access fund investments with minority-owned operators and increasing its cash held in black-owned banks. Cadre has received venture capital investment from several sources.