Episode 8: Can Your Real Estate Syndication Shares Be Tradable?

Blockchain Real Estate Podcast

In this episode of the Blockchain Real Estate Podcast, host Michael Flight sits down with Ryan Zega from tZERO (https://tzero.com/) to explore the innovative possibilities of making real estate syndication shares tradable. Ryan, who leads the charge at tZERO, dives into the mechanics of how their platform provides secondary liquidity for real estate assets through tokenization and trading on their alternative trading system (ATS).

Learn about tZERO's comprehensive ecosystem, which includes retail broker-dealer tZERO Markets, institutional connectivity, and their approach to accommodating both accredited and non-accredited investors. Ryan elaborates on the advantages of tokenization, including how it can offer flexibility to limited partners (LPs) by enabling them to trade their equity in a continuous, live trading environment. Ryan and Michael also discuss the evolving landscape of secondary trading for real estate, including regulatory considerations, reporting requirements, and the broad appeal for both general partners (GPs) and LPs.

Uncover the potential of digital securities in transforming the real estate investment landscape, providing liquidity, and enhancing capital-raising strategies for real estate syndications.

*Recorded by the Blockchain Real Estate Meetup (formerly the Chicago Blockchain Real Estate Collective) on February 24, 2022.

About Ryan Zega:

Ryan Zega is an Associate Director of Business Development & Capital Markets at tZERO. He spearheads the firm's real estate and other real asset issuances. Ryan has an extensive institutional real estate background. Prior to joining tZERO, Ryan was Director of Acquisitions & Business Development at Paramount Group, Inc. (NYSE: PGRE), where he was tasked with acquisition, disposition, and debt origination across Paramount's Trophy and Class A office portfolio in New York, San Francisco, and Washington D.C. Ryan has also worked at Normandy Real Estate Partners, a vertically integrated real estate fund operator, focused on office product in the Northeast and Mid Atlantic regions. Ryan began his real estate career as an investment analyst at Prudential Real Estate Investors.

About tZERO:

Successful Strategic Funding: tZERO, the global leader in tokenizing and continuous regulated trading of private equity, has completed an additional strategic funding round led by New York Stock Exchange parent company Intercontinental Exchange (NYSE: ICE). Participants in the financing include NYSE parent company ICE, which will become a significant minority shareholder of tZERO, Overstock.com, Inc., an original investor in tZERO, and Medici Ventures, L.P., a blockchain-focused fund whose general partner is an entity affiliated with Pelion Venture Partners, among others. Additionally, we are excited to share that tZERO will appoint ICE executive David Goone as its new Chief Executive Officer, Goone, who has helped build ICE into a trading, clearing, and data powerhouse during his 21-year tenure with the company, will begin his role with tZERO in March 2022.

P.S. Don't miss your opportunity to attend the Blockchain Real Estate Summit this September 24 - 26, 2024, streaming live for our worldwide audience. Get your tickets at https://blockchainrealestatesummit.com/registration/.

*This podcast is solely intended for informational and entertainment purposes only, and is not intended to provide tax, legal, investment or accounting advice. You should consult your own tax, legal, accounting or investment advisors before engaging in any transaction or undertaking. Thank you for listening to the Blockchain Real Estate Podcast, sponsored by the Blockchain Real Estate Summit. Go to https://blockchainrealestatesummit.com/ for more information.