DEAL-BY-DEAL

Ultimate control and customization.

Build a bespoke real estate portfolio, one investment at a time, from a selection of institutional-quality commercial properties.

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deal by deal hero

Performance that
speaks for itself.

OUR PERFORMANCE AS OF 6/15/2022
$5.02B+
Total Transaction Value1
27.7%
Historical Rate of Return2
$338.6M+
Gross Distributions to Investors3
See Our Track Record
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Exited Investments
solis of winter park
Solis at Winter Park
Winter Park, FL  •  Multifamily
Size
596 unit
Acquisition Date
Sep 2018
Sold Date
Oct 2021
Purchase Price
$79M
Sale Price
N/A
Underwritten Net IRR
11.2%
Targeted Realized Net IRR
18.1%
Net Equity Multiple
1.7x
trails location
Trails Portfolio
Houston, TX  •  Multifamily
Size
810 unit
Acquisition Date
Jan 2018
Sold Date
Sep 2021
Purchase Price
$73M
Sale Price
N/A
Underwritten Net IRR
11.4%
Targeted Realized Net IRR
22.4%
Net Equity Multiple
2.0x
crestleigh location
Crestleigh Apartments
Laurel, MD  •  Multifamily
Size
389 unit
Acquisition Date
Sep 2016
Sold Date
Sep 2021
Purchase Price
$56M
Sale Price
$74.3
Underwritten Net IRR
14.5%
Targeted Realized Net IRR
10.2%
Net Equity Multiple
1.6x
Astoria location
Avida
Salt Lake City, UT  •  Multifamily
Size
400 unit
Acquisition Date
Aug 2017
Sold Date
Dec 2019
Purchase Price
$67M
Sale Price
$87M
Underwritten Net IRR
11.0%
Realized Net IRR
16.8%
Net Equity Multiple
1.4x
skyridge location
Skyridge Apartments
Chicago, IL  •  Multifamily
Size
364 unit
Acquisition Date
Nov 2016
Sold Date
Sep 2019
Purchase Price
$51M
Sale Price
$65M
Underwritten Net IRR
12.0%
Realized Net IRR
15.0%
Net Equity Multiple
1.4x
sugarloaf location
Sugarloaf Trails
Atlanta, GA  •  Multifamily
Size
268 unit
Acquisition Date
Apr 2017
Sold Date
Sep 2019
Purchase Price
$31M
Sale Price
$44M
Underwritten Net IRR
13.3%
Realized Net IRR
27.4%
Net Equity Multiple
1.9x
Astoria location
Astoria Portfolio
Queens, NY  •  Multifamily
Size
4 buildings
Acquisition Date
Jan 2015
Sold Date
Apr 2017
Purchase Price
$48M
Sale Price
$72M
Underwritten Net IRR
15.1%
Realized Net IRR
16.2%
Net Equity Multiple
1.4x
Lincoln Place
Sacramento, CA  •  Multifamily
Size
240 units
Acquisition Date
Jul 2018
Sold Date
Mar 2022
Purchase Price
$35M
Sale Price
N/A
Underwritten Net IRR
10.9%
Targeted Realized Net IRR
22%
Net Equity Multiple
1.9x
Lodge at Copperfield
Houston, TX •  Multifamily
Size
330 units
Acquisition Date
Nov 2018
Sold Date
Mar 2022
Purchase Price
$39M
Sale Price
N/A
Underwritten Net IRR
11.1%
Targeted Realized Net IRR
21.8%
Net Equity Multiple
1.9x

What Deal-by-Deal
brings to you.

customisation

Actively build your real estate portfolio

Stay nimble by investing in multifamily apartment, office, hotel, and industrial deals selected for their potential to outperform by our advanced data science team, on-the-ground operators, and seasoned investment professionals.

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My Investments

key west location
Key West Crossings
$58,460.00
10 west location
10 West Commerce
$64,460.00
Bella location
The Bella
$87,460.00

Optimize your portfolio

Select individual commercial real estate properties to match your personal investment objectives. Enjoy potential alpha generation and tax advantages from direct investing.

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network map

Institutional network scaled for individuals and advisors

Access our extensive, growing network of world-class real estate operators and investments at a fraction of the cost of building these capabilities from scratch.

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Interested in the benefits of real estate broadly and how Cadre is differentiated?
Learn more here.

How Deal-by-Deal investing works.

Members of Cadre are invited to invest in top-quality commercial real estate alongside leading institutions on our platform.

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Acquisition
6-12 months

Our experienced team uses proprietary analytics to source investments in high-growth markets with the potential for attractive risk-adjusted returns.

Our experienced team uses proprietary analytics to source investments in high-growth markets with the potential for attractive risk-adjusted returns.

Syndication
1-3 months

Cadre allocates a portion of each deal to Funds and Separately Managed Accounts (if applicable), then offers equity to Cadre members who want to opt in for investment.

Cadre allocates a portion of each deal to Funds and Separately Managed Accounts (if applicable), then offers equity to Cadre members who want to opt in for investment.

Management
4-7 years

Cadre partners with trusted operators to execute on our business plan. We send applicable income generated from the asset to investors in the form of distributions.

Cadre partners with trusted operators to execute on our business plan. We send applicable income generated from the asset to investors in the form of distributions.

Sale
1-2 months

At an opportune time, Cadre may refinance (which accelerates return of capital to investors) or sell the asset. We market the property and/or evaluate offers, then distribute any capital gains to investors.

Cadre seeks to identify an opportune time to refinance or sell the asset. We market the property and/or evaluate offers, execute the sale, then distribute any capital gains to investors.

Join our cadre of investors.

Detailed information about Cadre Deal-by-Deal investing is available to members of the Cadre investment platform.

1. Sign up

Take just two minutes to answer a few questions about your goals and create an account with Cadre.

2. Invest

Review our real estate offerings and select investments to meet your long-term goals.

3. Earn

Track the ongoing performance of your investment through accessible, detailed reports on our platform.

Get Started
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Are you a registered investment advisor or institution? Learn how Cadre can partner with you.

Looking for diversification or value investing opportunities? Learn about Cadre Funds and the Cadre Secondary Market.

Deal-by-Deal FAQs.

What is the minimum investment?

We typically call for a minimum investment of $25,000 per transaction. Our investors range from qualified individuals through larger groups and institutions committing more sizeable amounts.

How does the allocation and commitment process work?

Investors can submit non-binding allocation requests via the platform. Cadre then grants allocations taking into account timing, interest level, and overall opportunity size. Once an allocation is accepted, investors receive an online subscription agreement for completion prior to funding.

When and how will I receive distributions?

Distributions are typically made quarterly from available operating cash flow and are automatically deposited into investors’ bank accounts. Size and timing of distributions depend on the business plan and performance of each investment. Investors are notified of upcoming distributions and are able to track their distribution history through our online platform.

What is Cadre’s investment strategy?

We take a fundamental, value-driven approach to investing. We seek to identify commercial real estate opportunities that offer attractive risk-adjusted value relative to replacement cost, stabilized cash flow, and comparable sales. We target income-producing properties in major U.S. markets with compelling fundamentals. Our focus is primarily on office, multifamily, and industrial assets, though we broadly seek opportunities with the potential for value-add through capital improvements, proactive lease management, and market positioning.

What happens to my investment if Cadre no longer exists?

Each Cadre investment partnership is incorporated under Delaware law with a Cadre subsidiary as its general partner. In the event the General Partner files for bankruptcy or is declared insolvent, the General Partner would be deemed to have withdrawn from the Partnership. Pursuant to the agreements governing each partnership, investors could then decide how to replace the General Partner and continue or dissolve the fund.

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Footnotes

1

Total transaction value represents the underwritten peak all-in cost of real estate investments included in offerings by Cadre since the formation of our Investment Committee (including realized investments).

2

IRR calculation represents an equity weighted average annualized internal rate of return (IRR) for realized real estate investments of offerings by Cadre since the formation of our Investment Committee through to the date of calculation, after deduction of fees and expenses. Equity multiple represents the investment multiple on equity, which is calculated by dividing the aggregate realized proceeds for the applicable investment after deduction of fees and expenses. For recently realized investments, an estimate of proceeds to vehicles managed by Cadre may be used. The use of a different methodology may result in a materially different return metric.

3

Gross distributions to investors refers to the sum of any income distributions, sale gains, and return of capital without deduction for any investor specific withholding or preferred equity payments. Distributions are not guaranteed. A portion of the gross distributions reflect a return of principal.

Important Disclosures

Private Securities

Investments in private offerings are speculative and involve a high degree of risk. Investments in private offerings are not bank deposits and therefore are not insured by the FDIC or guaranteed by any other party. Investors must be qualified as an accredited investor to participate in private offerings and you may be required to verify your status as an accredited investor. No securities commission or regulatory authority has recommended or approved any investment or the accuracy or completeness of any of the information or materials provided by or through us.

Not Advice

This communication is not to be construed as investment, tax, or legal advice in relation to the relevant subject matter; investors must seek their own legal or other professional advice before making any investment to determine whether an investment is suitable for them.

Performance Not Guaranteed

Past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections are not guaranteed and may not reflect actual future performance.

Risk of Loss

All investments involve a high degree of risk and may result in partial or total loss of your investment.

Liquidity Not Guaranteed

Investments offered by Cadre are illiquid and there is never any guarantee that you will be able to exit your investments on the Secondary Market or at what price an exit (if any) will be achieved.

Not a Public Exchange

The Cadre Secondary Market is NOT a stock exchange or public securities exchange, there is no guarantee of liquidity and no guarantee that the Cadre Secondary Market will continue to operate or remain available to investors.

More complete disclosures and the terms and conditions relating to an investment in a particular private placement is contained in the investment memorandum.