Cadre opens Chicago Office
Cadre, a technology-enabled real estate investment platform, is opening a Chicago office. The new office will be the New York City-based startup’s third location.
The expansion, following the opening of a Toronto, Canada office in December 2017, is the result of continued growth for Cadre’s team and investment platform. Cadre has closed more than USD1.2 billion in investments to date, and in January announced the closing of a USD250 million investment partnership with Goldman Sachs providing Goldman Sachs’ clients with access to Cadre’s investment opportunities.
“The expansion of our footprint to Chicago is an exciting step for Cadre as we continue to build both our investor base and operating partner network across the US. We’re thrilled by this opportunity to further grow our world-class team,” says Ryan Williams, CEO of Cadre.
Dan Rosenbloom, a Partner and Managing Director at Cadre, will be leading and building out the team as head of the Chicago office. Dan brings 22 years of industry experience, previously holding positions at JP Morgan, Fortress Investment Group and GEM Realty Capital, where he served on GEM’s Investment Committee.
“Chicago’s real estate community is rich with talent, and I’m excited to tap into that talent to help build Cadre’s network of operating partners and investors using our combination of industry experience, long-term relationships and technical, data-driven innovation,” says Rosenbloom. “This is more than just a homecoming for me, it is an opportunity for Cadre to build our presence in a centrally located market, which will provide even greater access to investment opportunities across the US.”