Trends

US asset manager launches $100M blockchain property fund

What happened: PREH launches tokenised fund with institutional backing US-based Patel Real Estate Holdings (PREH) has launched a $100 million tokenised property fund using the Chintai blockchain platform. The PREH Multifamily Fund will invest in vintage Class A multifamily housing across the top 20 …

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Headline

What happened: PREH launches tokenised fund with institutional backing US-based Patel Real Estate Holdings (PREH) has launched a $100 million tokenised property fund using the Chintai blockchain platform. The PREH Multifamily Fund will invest in vintage Class A multifamily…

Context

US-based Patel Real Estate Holdings (PREH) has launched a $100 million tokenised property fund using the Chintai blockchain platform. The PREH Multifamily Fund will invest in vintage Class A multifamily housing across the top 20 growth markets in the United States, including cities such as Austin, Nashville, and Raleigh. Of the total allocation, $25 million will be initially tokenised, available exclusively to accredited investors through a secure digital interface. PREH described the fund as “digital-native” from the outset. That includes compliant onboarding, real-time reporting, automated capital calls and possible secondary market transfers through blockchain-enabled systems. It marks one of the most comprehensive attempts to integrate blockchain across the full investment lifecycle, enhancing transparency, efficiency, and investor control.

Evidence

Pending intelligence enrichment.

Analysis

This fund forms part of a larger $750 million investment vehicle. PREH is co-developing it with institutional giants including Carlyle, DRA Advisors, Walton Street Capital, RPM, and KKR. The firm says tokenisation improves access while retaining high regulatory standards, offering both flexibility and compliance to institutional and accredited participants. Also read: BlackRock’s new offering spurs $1B tokenisation of U.S. Treasuries Also read: Blockchain groups sue US IRS over new DeFi regulations Tokenisation is emerging as a transformative trend in real estate investment. By converting real-world assets into blockchain tokens, firms can reduce entry barriers and improve liquidity. Traditionally, private property deals involve long holding periods and limited exit options for investors. PREH believes that blockchain-based structures will address key challenges in private markets. Through Chintai, a regulated layer-1 blockchain, PREH ensures investor protection without sacrificing operational efficiency. Chintai also powers ESG-focused platforms like the R3 Sustainability Fund, underscoring its institutional credibility.

Key Points

  • PREH launches tokenised fund targeting Class A multifamily properties in high-growth US cities
  • Blockchain-native structure enhances transparency, compliance, and investor access

Actions

Pending intelligence enrichment.

Author

Yara Yang