Cadre

Cadre is a commercial real estate investing platform that provides accredited investors and institutions access to carefully curated investment opportunities in properties such as multi-family apartment buildings, office spaces, and hotels. The company leverages a data-driven approach, combining institutional experience with proprietary technology to identify and vet investment prospects offering the potential for outsized returns.

Cadre's investment process involves rigorous analysis based on in-house data models and a nationwide network spanning 400 local operating partners. This allows the company to pinpoint opportunities across markets it identifies as high-growth, such as the "Cadre 15" markets. Investments offered on the platform typically have hold times of 5-8 years, which is typical for commercial real estate investments.

When investing through Cadre, investors receive a membership interest in a special purpose entity, usually an LLC created specifically for the investment. This LLC holds the equity, preferred equity, or debt interest in the property. Investors receive regular cashflow from sources like rental income and a share of the appreciation upon sale or refinancing of the property.

Past offerings on Cadre have projected returns in the range of 11-27%, with most showing an internal rate of return (IRR) around 13%. The platform charges fees that typically range from 2-5%, including upfront commitment fees and annual management fees.

In November 2023, Cadre was acquired by alternative investment platform Yieldstreet. As part of the acquisition, Cadre's CEO Ryan Williams assumed the role of Yieldstreet's global head of Institutional Partnerships & Clients, leading a new division focused on broadening institutional access.