MarketSpace Capital, a real estate private equity firm headquartered in Houston, Texas, already had the investors for its Spot at Myra Park 250-unit multifamily apartment complex in Dallas, adjacent to the Dallas Medical Center. At about $188,000 per unit, they needed to cover a $47 million bill. But they’ve found that when it comes to real estate, blockchain and tokenization are about more than opening the potential market for initial investors.

The company, which made its first investment in 2011, has 19 to date and, over time, decided to focus on multifamily. “Our total assets under management is right around $400 million,” Sohail Hassan, one of three managing partners for the firm, tells “The goal here is to build a quality product but target the middle class of America, which makes up about 62% of renters. Our mission is to create these assets that are affordable, available, and sustainable.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.