Sunday, September 26 2021

NEW YORK–(COMMERCIAL THREAD) – Cadre, a technology-driven real estate investment platform, today announced the appointment of Dan Rosenbloom as Chief Investment Officer. Mr. Rosenbloom’s new role marks the consolidation of Executive’s asset management and acquisition practices, as well as the latest in a series of organizational updates that have strengthened the company’s business practice.

“Dan’s extensive investment experience has helped Cadre continue to provide investors with unparalleled access to quality institutional assets,” said Ryan Williams, co-founder and CEO of Cadre. “His new title is not only representative of the great work he has done alongside our world-class investment team, but also of the next phase of our growth as an organization.”

A commercial real estate veteran with nearly 25 years of industry experience, Mr. Rosenbloom will focus on further developing the investment capabilities of the company, particularly with respect to the access fund. direct from the company.1, which closed for the first time in January 2021 and offers a portfolio of institutional grade assets. Mr. Rosenbloom previously served as Executive Acquisitions Manager after gaining billions of dollars of experience in researching, executing and managing transactions at GEM Realty Capital, Fortress Investment Group and JP Morgan Chase & Co .

Mr. Rosenbloom said: “I am delighted to have the opportunity to lead Cadre’s investment efforts alongside our great team, sponsors and partners. We remain focused on sustaining our momentum and providing more opportunities for investors. ”

Mr. Rosenbloom’s appointment follows a number of notable hires for Executive over the past year, which have broadened the breadth and depth of the company’s business functions:

  • Joe Williams, General Manager, Head of Distribution

  • Javier Benson-Glanz, Managing Director, main activity

  • Alyssa Chong Anderson, Director, Business Operations and Growth

“As we emerge from the pandemic, Cadre is stepping on the accelerator,” said CEO Ryan Williams. “By continuing to equip our team with motivated and experienced talent, we are strengthening our leadership in the industry and aiming to make commercial real estate more accessible, transparent and liquid.2 for investors.

Joe Williams brought his 25 years of financial distribution expertise to Cadre in December 2020, most recently serving as Head of Intermediate Distribution for Artivest. He has also held national and regional positions at Cohen & Steers, as well as several distribution and bond brokerage positions for Evergreen Investments, J&W Seligman and Cantor Fitzgerald, LLC.

Mr. Benson-Glanz brings years of management and consulting experience to his role, joining the team in September 2020 after his role as Senior Director, Corporate Strategy at Airbnb. He previously worked at RealtyShares, 643 Capital Management, Barclays and DiamondCluster (since acquired by PwC).

Ms. Anderson joined Cadre in January 2021 from Airbnb, where she was responsible for the Business Finance & Analytics team. His previous experience spans finance and business strategy within financial services and technology, including at RealtyShares, Goldman Sachs and Morgan Stanley.

About Cadre

Frame2 is a next-generation technology-driven real estate investment platform that provides qualified individuals and institutions with access to fully verified commercial real estate opportunities. Cadre has also built a revolutionary secondary market for commercial real estate allowing investors to have the potential to seek liquidity.3. Cadre combines its institutional experience with differentiated technology to empower investors through direct access, low fees4, and greater transparency. Since its inception, Cadre has closed over $ 3 billion in real estate transactions in 16 markets and generated over 18% net IRR on four complete real estate sales.5, resulting in the repayment of over $ 168 million in principal6 to Investor framework to date7. For more information, please visit www.cadre.com.

Remarks

1. This communication is not an offer of securities or an invitation to make an investment. Nothing herein should be taken as a guarantee, assurance or representation. Targeted returns, expected returns or probability projections are not guaranteed and may not reflect actual future performance. Please refer to the Direct Access Fund Framework offering material and memorandum for additional information and disclaimers, including regarding charges and costs.

2. Liquidity is not guaranteed. The investments offered by Cadre are illiquid and there is never any guarantee that you will be able to exit your investments on the Cadre Secondary Market or at what price an exit (if any) will be made.

3. © Cadre 2021. Broker services in relation to an investment are offered by RealCadre LLC, a broker / trader registered with FINRA and member of SIPC.

4. Based on a comparison of the initial, management and performance fee rates charged by the manager, advisers and their affiliates (collectively, the “Framework Entities”) for investments in the Direct Access Framework Fund. rate of such fees charged by the manager, advisers and sales agents of selected competing real estate investment vehicles. Assumes that the Direct Access Framework Fund and competing vehicles achieve the same assumed gross return (14.6%) over equal holding periods – these assumptions are for guidance only and no conclusions of any kind should be drawn concerning the future performance of investments offered or managed by Cadre on the basis of these assumptions. The selected competitor vehicles are not traded on a stock exchange and have minimum investment requirements identical or similar to the requirements of the Direct Access Framework Fund. The comparison does not include fee reductions, fees that are not received by Framework Entities or direct sponsors (or their sales agents) of competing vehicles (including operator fees and promotions) and n ‘also does not include expenses other than performance, management and sales. costs.

5. Our track record of making investments can be reviewed here. See this page for more details and disclaimers. The calculation of the IRR represents an average annualized internal rate of return (IRR) weighted according to the actions of the real estate investments made by the offers by Executive since the formation of our Investment Committee until the calculation date, after deduction of costs and expenses. For recent investments, an estimate of the revenue from vehicles managed by Cadre can be used. Using a different methodology can result in a significantly different IRR. Please also visit cadre.com for additional disclaimers.

6. Gross distributions to investors refers to the sum of income distributions, sales gains and return of capital without deduction for any investor specific withholding tax or payment of preferred shares. As of 01/27/21.

7. Past performance is no guarantee of future results. Historical returns, expected returns or probability projections are not guaranteed and may not reflect actual future performance. All securities carry a high degree of risk and may result in a partial or total loss of your investment.


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