Brick by Block:
Navigating the legal landscape of tokenizing real estate.
Investor communications in a tokenized real estate offering are not a marketing function. They are a compliance function. Every material…

Jason Powell
In a tokenized real estate offering, the investor protections that matter are not the ones on the platform dashboard. They…

Jason Powell
On-chain governance and off-chain legal documents are two different systems that must agree with each other to work. When they…

Jason Powell
Investors in tokenized real estate often believe that owning a token means owning a piece of the decision-making. The answer,…

Jason Powell
A tokenized offering does not receive a lighter securities law analysis because the asset is on a blockchain. The SEC’s…

Jason Powell
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…
