Goldman Sachs Partners with Real Estate Startup Cadre

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The New York-based real estate investment firm is working with Goldman Sachs Group Inc. to enable the asset management bank of private clients to invest in the launch of the platform.

Goldman Sachs’ customers have committed to invest $250 million in real estate across the platform, Frame said Wednesday. The commissioning uses technology to make it easier and more cost-effective for accredited retail investors who must be in accordance with US securities laws for an annual income of at least $200,000 or a value of more than $1 million in net and institutions top purchase small stocks in the US. Cadre says it offers a good option to real estate funds.

Founded in 2014 by its CEO, Ryan Williams, with his brothers Joshua and Jared Kushner, part of a renowned family of real estate in New York co-executive. Jared Kushner is a senior advisor and son of US President Donald Trump, while Joshua Kushner is a Venture Capitalist.
The company said it has completed more than $1 billion in transaction volume since its launch.

Through this partnership, Goldman Sachs’ clients can use the platform to select the investment framework identified by senior management.
“Provides a diversified high-quality investment framework for real estate with more transparency and lower interest rates,” Williams said in an interview.

Goldman’s association with the interest underscores the continuing scope of the large banks to work with young financial technology companies seeking to make financial services more accessible.

In June, Goldman Sachs was one of the investors in a $65 million equity round in Cadre. The investment was led by venture capital firm Andreessen Horowitz, with the participation of other than Jim Breyer Capital, the Ford Foundation, General Catalyst, Khosla Ventures and Josh Kushner Thrive Capital.

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