We are advising Cadre on the transaction

Davis Polk is advising Cadre on its acquisition by Yieldstreet. The transaction is subject to regulatory review. Financial terms of the transaction were not disclosed.

Cadre is a commercial real estate investment manager that invests alongside individuals and institutions on its tech-driven platform. As a fiduciary, Cadre has a distinct responsibility to investors. Its highly disciplined process features innovations in market selection, asset management and rigorous due diligence. Cadre is committed to expanding access to this essential asset class, which has long contributed to legacy wealth.

Yieldstreet is a private market investing platform with more than 450,000 members, helping investors diversify their portfolios with alternative assets spanning real estate, private credit, legal finance, art and more. The platform is differentiated by its 10 asset classes, institutional due diligence standards, strong track record and commitment to a seamless investor experience.

The Davis Polk corporate team includes partner Evan Rosen and associates Jack Gordge and Natasha Shah. Partner Brian S. Lichter is providing real estate advice. Partner Gregory S. Rowland is providing investment management advice. Partner Jesse Solomon is providing antitrust and competition advice. Partner Zachary J. Zweihorn is providing financial institutions advice. Partner Adam Kaminsky is providing executive compensation advice. Partner Matthew J. Bacal is providing intellectual property advice. Partner William A. Curran is providing tax advice. Members of the Davis Polk team are based in the New York, Washington DC and London offices.