Connect with us

Hi, what are you looking for?

Jewish Business News

Money

Jared and Josh Kushner Launch Real Estate Investment Fund

Investors can use the platform to monitor and target specific deals

Jared and Josh Kushner

Brothers Jared and Josh Kushner have launched Cadre, a real estate investment vehicle that aims to connect institutional investors with opportunities in gateway markets, Globe.St.com reported.

Ryan Williams, co-founder and CEO of Cadre, said in a recent interview to the Real Deal, “We’re looking to provide greater access to thoroughly institutional deal flow.”

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.

Investors can use the platform to monitor and target specific deals rather than dedicate funding into pools known as real estate investment trusts (REITS), which don’t allow them to pick the most beneficial deals.

So far, Cadre has raised $18.3 million in its Series A round of funding while being led by Thrive Capital, a venture capital firm founded by Joshua Kushner.

Additionally, General Catalyst Partners is getting ivolved, having already invested in Airbnb and Snapchat.

The founders began working on Cadre in late 2014 and have secured $250 million from a large family office.

Cadre has been in “stealth beta mode, ” but Williams said that investors including family offices and sovereign funds have closed on $50 million worth of deals to date using the platform. Revenues will come through transaction and miscellaneous fees, according to Williams.

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.