In a single-asset tokenized offering, the investment thesis is the property. In a multi-asset tokenized offering, the investment thesis is…
In most tokenized real estate offerings, the investor does not own the building. The investor owns an interest in the…
Tokenization changes the format of ownership and transfer. It does not change the need for a legal entity that gives…
On-chain governance and off-chain legal documents are two different systems that must agree with each other to work. When they…
A tokenized offering does not receive a lighter securities law analysis because the asset is on a blockchain. The SEC’s…
Tokenization can make a real estate fund easier to distribute, administer, and track. It does not exempt the offering from…
The hardest problems in tokenized real estate are not technical. They involve how the token connects to the underlying title,…
Tokenized real estate is being marketed as faster, cleaner, and more investor-accessible than traditional syndication. Some of that is true….
Regulation A+ Tier 2 is the only federal securities exemption that allows a tokenized real estate offering to reach retail…
AI and blockchain target different parts of real estate’s capital markets problem. AI improves how information is analyzed and how…
