![]() It’s awesome that I can spend my time on business development, knowing Polymath is focused on building next-level technology that is relevant for our success. Through tokenization, RedSwan can finally open up these Class A properties, typically reserved for large real estate funds with more than $100 million ![]() This represents top-tier properties including mid-rise and high-rise apartments in California, New York, and Texas. Potentially the largest tokenization by a single entity to date, RedSwan has tokenized $2.2 billion in commercial real estate. They access functionality like token symbol reservation and token creation on a pay-per-use basis. ![]() RedSwan CRE enjoys the flexibility of the platform, which does not require any commitments with Polymath or ongoing fees. RedSwan CRE uses the Polymath Token Studio, the self-serve platform that makes it easy to create and manage security tokens. Self-Service Model – Tokenizing Commercial Real Estate In the process of (1) facilitating the initial offering, (2) custody of securities, (3) back office administrative work, and (4) secondary trading and clearing and settling, there are many expenses that in the legacy world would be cost-prohibitive for RedSwan’s business model. Tokenized commercial real estate provides a very low-cost solution for creating and managing financial securities, enabling the cost-effective fractionalization of commercial real estate for primary offerings and secondary trading. With tokenization, RedSwan’s costs are reduced while profit margins and returns for building owners and investors can be significantly improved. RedSwan earns revenue through fees involved in initial offerings (evaluating properties and finding buyers) and from managing digital assets under management for investors. RedSwan sources analyze, prices, and sells commercial real estate, where asset owners and accredited investors both have the added benefit of liquidity through RedSwan’s trading venue. Fewer buyers, fewer sellers, and less liquidity means less deal flow. Investors with $10,000 - $10 million to put to work are completely shut out from this market, which negatively impacts the market overall and forces these smaller investors to focus on riskier lower class-level projects. ![]() These methods limit the market for CRE deals to banks issuing mortgages, “a guy who knows a guy who knows a guy” with more than $50 million to invest, and large real estate funds. They want cash to buy more real estate, pay down debt, improve their properties, and more. RedSwan’s expertise in Real Estate and their Registered Investment Advisor status makes them a great fit for Polymath’s tokenization solution.Īccording to Ed at RedSwan, Commercial Real Estate (CRE) owners want cash. Tokenizing Commercial Real Estate – RedSwan.io is a PropTech company creating the largest online marketplace of digital asset-backed securities from quality commercial real estate projects.īased in Houston, Texas, RedSwan CRE Marketplace (“RedSwan”) was founded by Ed Nwokedi, an 18-year veteran in Commercial Real Estate, specializing in multi-family apartments. ![]()
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