RealCadre LLC (Cadre) US Equities Encyclopedia
Real Cadre LLC (Cadre) Financing Encyclopedia
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In March 2015, Cadre completed Khosla Ventures 、 General Catalyst 、 Founders Fund 、 Slow Ventures 、 Thrive Capital A round of financing of 18.3 million US dollars jointly invested by 15 institutions. -
In January 2016, round B financing was completed by Cadre Goldman Sachs Investment Partners, Recharge Capital, Apoletto Managers and Wendi Murdoch (individual) jointly invested 50 million dollars in round B financing. -
In the round C financing completed in June 2017, Cadre obtained Andreessen Horowitz Leading investment, Breyer Capital Khosla Ventures 、 General Catalyst 、 Founders Fund 65 million dollars of investment.
RealCadre LLC (Cadre) Historical Encyclopedia
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CEO Ryan Williams and Thrive Capital Founder Josh Kushner and General Catalyst Co founded the company, and they jointly invested $18 million in a round of financing in 2015. The start-up funds include a $250 million credit line provided by the George Soros family. The round also included a $250 million back-up liquidity commitment from an unnamed family office. Michael Fascitelli, CEO of Vornado, also participated in this round of financing and joined the Board of Directors. Jared Kushner helped Williams develop this business and provided advice to the company for about 18 months. -
Williams was rated as one of Forbes' "under 30 years old and 30 years old" in 2018. Michael D. Fascitelli, former CEO of Vornado Realty Trust, leads the Investment Committee. Other team members are recruited from Silicon Valley companies, such as Square, Inc. Andrew Borovsky, Product Leader of, and Mint.com The former project leader of. In 2019, before the company announced its employment LendingTree Senior Executive Sam Mischner serves as Chief Commercial Officer. -
In 2016, Cadre raised another $50 million, including Michael Fascitelli joining the company's investment committee. -
In 2017, Cadre Company in Anderson Horowitz（ Andreessen Horowitz ）Another $65 million was raised in a round of financing by Leading Investment. -
A transaction in 2018 allowed Goldman Sachs' private wealth clients to invest through the cadre platform. -
In early 2018, it was reported that Cadre's leaders planned to expand their services to include residential real estate loans. The article was later updated to clarify that the new business will involve investing in loans issued by others. -
In 2018, the company announced the launch of "Cadre Secondary Market", which allows users to sell their positions after one year of holding. It also announced the "Cadre Managed Portfolio" service, which allows users to create a diversified account with a minimum of $250000. -
At the end of 2018, Cadre launched an opportunity zone fund in accordance with the tax changes stipulated in the 2017 Tax Reduction and Employment Act, aiming to encourage investment in low-income areas. Investors who invest in qualified projects and meet the holding period requirements will face reduced capital gains tax and may delay paying other capital gains tax. -
In an interview with CNN in 2019, CEO Ryan Williams said that Cadre was able to subvert the industry because "the real estate industry is outdated." At the end of 2019, it was reported that Cadre had returned more than $100 million to investors. -
In 2020, Cadre announced to hire Siji hotel Alan Smith, former CEO of Four Seasons Hotels and Resorts, served as the president. Smith previously served as CEO of Prudential Real Estate Investors. -
Also in 2020, Ryan Williams, CEO, announced Cadre's plan to support increased equality. The company set the June Festival as a company holiday. Williams shared his personal lineage stories, including former slaves, and also released a plan to help different communities increase economic opportunities through the "formal mentoring program to provide practical guidance and... comprehensive skills" - a training program to help people of all ages start their careers, This will enable them to succeed in a rapidly changing economy. " -
In October 2020, Cadre added the "Cadre Cash" platform, allowing investors to obtain cash rewards through the qualified cash balance held in the platform. -
At the beginning of 2021, Cadre announced a new $400 million "Direct Access" fund, targeting individual investors, financial institutions and wealth advisers, with a minimum investment of $50000, which will reduce the implied allocation of each property to $5000 or less. The fund will allow investors to seek liquidity through the company's secondary market after the mandatory holding period, and investors can publish interest on the secondary market to sell to potential buyers. Cadre also announced a plan that through its Direct Access Fund, at least 10% of all investments will be made by minority owned operators, and at least 5% of cash will be deposited in black owned banks.
RealCadre LLC (Cadre) US equity investment
