Why Does CRE Need a Direct-Issuance and Trading Platform?

Haahr: “The platform will reshape what has historically been an inefficient network into a dynamic competitive marketplace.”

SAN DIEGO—Non-traded REITS, Delaware Statutory Trusts and joint ventures held in portfolio by institutional investors are illiquid once owned. Silver Portal Markets aims to solve this problem by creating a web-based Nano exchange platform to offer and trade these assets, founder and senior managing principal of Silver Portal Capital Jon Haahr tells GlobeSt.com.

Haahr’s firm believes that distributed ledger technology is the way of the future—and even that the future is already here—because of its ability to decrease costs of trade reconciliation and settlement by disintermediating the large institutions in the middle. He says Silver Portal Markets can do this with confidence given the immutability characteristic of blockchain. The firm has partnered with Fundamental Interactions, which he says is two years ahead of the rest of the market in the blockchain arena.