Patel Real Estate Holdings (PREH) has launched a tokenized fund worth $100 million on the Chintai blockchain, aimed at providing accredited investors access to institutional-grade real estate investments. The PREH Multifamily Fund will focus on vintage Class A multifamily units in the top 20 US growth markets. The initiative is part of a larger $750 million investment vehicle developed in partnership with notable institutional firms such as Carlyle and KKR. Tokenization is intended to enhance transparency and liquidity in real estate investment, addressing common barriers faced by private market investors. Chintai's blockchain platform offers a fully regulated and compliant environment for tokenization, reinforcing investor protections and removing inefficiencies. The fund, which has completed over $500 million in real estate transactions since its inception in 2010, represents an innovative step in real estate investment, leveraging technology to modernize the sector.

Source 🔗