RedSwan CRE Launches Tokenized Commercial Real Estate Funds: Targeting up to $1.6 Billion Raise
RedSwan CRE is pleased to announce that it has launched two tokenized commercial real estate funds to allow investors a quick and easy way to gain exposure to a diversified portfolio of quality, off-market CRE properties while enjoying the conveniences associated with digital assets. The two funds are RedSwan CRE Core Fund (“RSCP”) and RedSwan CRE Value-Add Fund (“RSVA”), which will pursue core and value-add investing strategies, respectively. Until now, the RedSwan CRE Marketplace has featured discrete property investment opportunities. With professionally managed funds by RedSwan CRE, individual investors will no longer have to bear the responsibility of selecting deals in which to participate.
Said Ed Nwokedi, Founder & CEO of RedSwan CRE, “We are excited to offer one of the industry’s first tokenized, digital CRE funds. We are aware that some investors prefer to not shoulder the burden of deciding which of the many investments we offer on our Marketplace to pursue. By offering a product professionally managed by the Registered Investment Advisory team, we can serve these investors and help them achieve attractive yields and returns on high quality commercial real estate.”
RSCP and RSVA tokens will be available for purchase beginning July15, 2021 and remain open with rolling close. As with the single property investments currently available on the Marketplace, the funds have a $1,000 minimum investment requirement. Investment is open to US investors who are considered Accredited under Regulation D and International investors under Regulation S. Up to $800 million of tokens will be available for sale for both funds, raising a total of $1.6 billion. For US Regulation D investors, the tokens will have a one (1) year holding period requirement from date of issuance; for International Regulation S investors, the tokens will have a two (2) month holding period requirement. For more information, please visit www.redswan.io.