US real estate asset manager Patel Real Estate Holdings (PREH) has launched a $100 million tokenized fund on the Chintai blockchain to give accredited investors access to institutional real estate investments. The newly launched PREH Multifamily Residential Fund is a tokenized investment vehicle that focuses on older Class A multifamily units in the top 20 growth markets in the US. Its architecture is digitally native, covering compliance, reporting, capital raising, and potential secondary mark...
On October 11, the reporter learned from the Guangzhou Municipal Party Committee Financial Office that Guangzhou officially issued the "Several Measures to Promote the Development of Guangzhou's Real Estate Asset Management Business", proposing specific measures from ten aspects, including: building the country's first "real estate Private Offering Fund share transfer transaction special board", carrying out real estate Private Offering Fund share transfer transactions; building a real estate as...