Tokenized real estate just went institutional.
Patel Real Estate Holdings (PREH) has launched a \$100 million fund for accredited investors, and it’s fully tokenized from day one. The PREH Multifamily Fund will run on the Chintai blockchain, focusing on Class A multifamily units in America’s 20 fastest-growing markets.
The move is part of a larger \$750 million investment vehicle in collaboration with heavyweight institutions like KKR, Carlyle, Walton Street Capital, DRA Advisors, and RPM.
“The entire structure is digital-native — from onboarding to reporting,” said a PREH spokesperson.
Why tokenization matters:
Real estate investing usually suffers from low liquidity and limited access.
Tokenization can slash those barriers by fractionalizing assets and enabling secondary market trades.
This fund gives investors institutional-grade exposure — with the efficiency of blockchain.
A real-world use case:
PREH has \$500 million+ in closed deals and now embraces blockchain tech to attract a new generation of capital. Initially, \$25 million of the fund will be tokenized on Chintai, a layer-1 blockchain with a compliance-first focus and a native token, CHEX.
“Chintai is fully regulated and purpose-built for real-world assets,” said PREH president Tejas Patel.
The bigger picture:
Real estate tokenization is finally seeing real-world traction:
REX by DigiShares launched with Miami luxury properties.
Blocksquare + Vera Capital target over \$1B in tokenized commercial assets.
Deloitte forecasts \$4 trillion in tokenized real estate by 2035.
The key driver? Liquidity. As Polygon’s CEO put it, eliminating the illiquidity discount makes property investment far more attractive.
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