Solutions
Real Estate Companies
Property raises are usually a handful of large cheques because administering many small ones is impossible by hand. That constraint is administrative, not economic.
What it changes
- One vehicle, one seriesPositions are never pooled across buildings, so a holder’s exposure is to the asset they actually bought into.
- Rental income distributed exactlyNet rent after costs, debt service and reserves, split across holders of record with no residual and no drift.
- Lockups honoured mechanicallyRecorded on the position and enforced at both the transfer gate and the redemption gate, rather than remembered.
What it includes
ValuationsRecorded with a method, a valuer and a date, on a stated cadence.
Data roomTitle, leases, surveys and valuations, versioned and content-hashed.
Debt disclosureCharges and ranking recorded against the asset and visible to holders.
See it against something real.
Bring an instrument you are actually considering. Structuring it is the only way to judge whether the model fits.