Galaxy commits $50m to USHP, which provides liquid, indexed exposure to U.S. home prices.
This is a step forward in institutional adoption of tokenized funds in global real estate.
Tokenized assets are projected to form up to 7%, $16bn, of Dubai’s real estate market by 2033.
Institutional interest in tokenization has surged significantly over the past year.
BREDS V is deploying capital across global scale lending, liquid securities, structured solutions and corporate credit.
Since 2015, KKR’s real estate credit strategy has originated $43.4bn of loans & invested $14bn in CMBS.
There are substantial, and growing, opportunities in the real estate secondaries market.
Blackstone’s three opportunistic strategies now have $50bn of capital commitments.
This brings its total investment in BREIT to $4.5bn.
