Patel Real Estate Holdings (PREH) has initiated a $100 million tokenization fund on the Chintai blockchain, targeting accredited investors interested in institutional-grade real estate. The PREH Multifamily Fund focuses on Class A multifamily units in the top 20 US growth markets. This innovative venture is part of a larger $750 million investment vehicle co-developed with several institutional partners. The fund will initially tokenize $25 million of the allocated amount, enhancing transparency and liquidity for investors traditionally burdened by private market constraints. PREH, established in 2010, has an extensive track record in managing multifamily properties worth over $500 million. Chintai, the blockchain chosen for this initiative, specializes in real-world asset tokenization and emphasizes compliance and investor protection through its technology. This move is seen as a significant step in modernizing property investment, with expectations that tokenized real estate value could surge over the coming years due to enhanced market liquidity and fractional ownership opportunities.

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