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Yieldstreet Buys RE Investment Platform Cadre
Yieldstreet has acquired Cadre, an online real estate investment platform serving institutional and high-net-worth investors.
The collective investment value across both platforms is over $9.7 billion, with investors having allocated $5.3 billion and received $3.1 billion in returns to date. Yieldstreet plans to offer investors additional institutional-quality investments, enhanced liquidity through a secondary market, and new ways to invest in private markets. Cadre CEO Ryan Williams will continue to lead Cadre and also serve as Global Head of Institutional Partnerships & Clients for Yieldstreet.
“By executing the inaugural consolidation of leading platforms in our industry, we have solidified our leadership in this space and accelerated our growth trajectory,” said Michael Weisz, CEO and Founder of Yieldstreet. “As we look to 2024 and beyond, we are excited to offer investors additional institutional-quality investments, enhanced liquidity through a secondary market and new ways to invest in private markets.”
- ◦Sale/Acquisition