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Investment Platform Cadre Forges Goldman Partnership

The newly announced partnership with Goldman Sachs is "one of the key components in building a more diversified, large-scale base of individual investors that can access the asset class in a more efficient and risk-adjusted manner," Cadre's Ryan Williams tells GlobeSt.com.

By Paul Bubny | Updated on January 10, 2018

Photo of Ryan Williams Williams cofounded Cadre in late 2014 after working in real estate private equity at Blackstone.

NEW YORK CITY—Online investment platform Cadre said Wednesday it had closed on $250 million of commitments from Goldman Sachs’ private wealth clients. The close represents the start of an ongoing strategic partnership between Cadre and Goldman that will allow the investment bank’s clients to invest in a broad-based portfolio of US income- producing commercial real estate assets.

Since its founding three years ago, Cadre has closed on roughly $1 billion in total transaction value to date. “I’ve always been excited and, frankly, passionate about the potential for technology to be leveraged in a way that evolves the real estate investing world through greater transparency, greater efficiency and broader access,” as well as technology’s capacity to reduce fee loads through greater distribution, Cadre co-founder and CEO Ryan Williams tells GlobeSt.com. “Cadre in many ways was the genesis of my being exposed to the institutional rigors of the fund world and the quality access that people who have been involved with LPs and funds have been able to realize.”

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