Michael Chetrit, a principal of the Chetrit Organization, has partnered with Leaseum Partners, a London-based real estate investment firm, to raise a $250 million tokenized real estate investment fund. The 10-year fund, which will invest in commercial real estate in Manhattan, will be securitized into digital tokens that can be traded on token exchanges. The primary advantage of a tokenized fund is its liquidity, says Steve Sillam, Leaseum’s co-founder and CEO. Like shares, the tokens […]
source https://therealdeal.com/2018/06/01/chetrit-heir-partners-with-london-firm-for-250m-manhattan-re-fund/
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