Cadre Launches Fund To Attract Small Real Estate Investors

Real estate investment platform specialist Cadre launched the Cadre Horizon Fund, the aim of which is to attract individual investors into sectors such as multifamily, light warehouse and hotels.

Ultimately, the fund will evolve into a REIT registered with the Securities and Exchange Commission, according to Cadre.

“It’ll be more of a defensive income strategy, like a microcap real-estate portfolio with the ability to invest in platform that’s normally reserved for large institutions,” Cadre founder and Executive Chairman Ryan Williams told MSN.

The minimum investment for the new fund will be $1K, a modest figure compared with many other private funds, which often require at least a $25K minimum.

The move isn't a new one for Cadre, which has targeted relatively small investors before. Last year, the company launched Cadre Direct Access Fund, a $400M real estate investment fund also with the goal of attracting individual investors and advisers.

Williams co-founded the company in 2015 with Joshua Kushner, brother of Jared Kushner, son-in-law of former President Donald Trump, as a platform for investors with at least $100K to invest in CRE. The company pivoted partly to smaller investors in the following years.

Jared Kushner was an initial investor in the company, and while later he said he was planning to divest his interest, it isn't clear whether the process has been completed. Representatives for Kushner did not immediately respond to a request for comment about the status of his stake in the company.