Brick by Block:
Navigating the legal landscape of tokenizing real estate.
A fully digital commercial real estate closing is not a single product or a single platform decision. It is a…

Jason Powell
Tokenization can make a real estate fund easier to distribute, administer, and track. It does not exempt the offering from…

Jason Powell
The hardest problems in tokenized real estate are not technical. They involve how the token connects to the underlying title,…

Jason Powell
Tokenized real estate is being marketed as faster, cleaner, and more investor-accessible than traditional syndication. Some of that is true….

Jason Powell
Regulation A+ Tier 2 is the only federal securities exemption that allows a tokenized real estate offering to reach retail…

Jason Powell
AI and blockchain target different parts of real estate’s capital markets problem. AI improves how information is analyzed and how…

Jason Powell
Tokenization can make real estate ownership interests more divisible and more transferable. It cannot make them liquid. The distance between…

Jason Powell
Tokenization is not the right structure for every deal. But for sponsors who raise capital repeatedly, serve a growing investor…

Jason Powell
The more interesting question is not whether tokenization replaces the traditional real estate syndication. It is which parts of the…

Jason Powell
Both structures let investors access real estate without buying an entire building. That is roughly where the similarity ends. The…

Jason Powell
The public-versus-private blockchain decision is really a decision about access, trust, governance, compliance, and which set of regulated intermediaries will…

Jason Powell
Investor confidence is not built by putting a real asset on a blockchain and calling it innovation. It is built…
