New investment platform allows Australians to invest in US real estate

New investment platform allows Australians to invest in US real estate
Staff reporterDecember 7, 2020

A fractional property investment platform providing access to US real estate investments, has announced its official global launch.

RealT provides investors, regardless of their location, to become landlords in Detroit.

In the future, RealT plans to include properties from across the United States and the world.

RealT’s platform utilises blockchain technology for property ownership and rental income distribution.

Investors are provided with RealTokens that represent ownership in each property, while rental income is paid daily using USD stablecoins.

Real estate cannot be directly tokenized in the United States, so each of the properties featured on RealT is officially owned by a Series of a Delaware series limited liability corporation (LLC).

RealT issues a specific number of tokens for each Series, which are then made available for purchase by investors.

"Up until now, investing in real estate has been a laborious and expensive process," Rémy Jacobson, CEO of RealT said.

"Entry costs are high, the required documentation is complex and the assets are illiquid.

"The industry is ready for change.

"That’s why we are convinced that now is the time to make it easier for people to invest in US real estate."

Each property has a dedicated property management team that is in charge of the property on behalf of the owners.

Collecting rent, sourcing tenants and managing repairs are all taken care of by the team.

Editor's Picks