Tencent science and technology on June 24th, according to foreign media reports, a few miles east of New York, Manhattan Astoria Queens, several buildings with retail stores recently sold $60 million.

however, this is not a traditional real estate transaction. 20 investors are not private equity funds, the property is not even listed in the large real estate agent, and the entire process of selling only a few weeks, rather than a few months time.

this includes 4 buildings for sale through Cadre. Cadre is a start-up company of 40 people. The company was founded in late 2014 in Manhattan Nolita community office. Its team members include Square, Google (micro-blog) and Facebook executives, their goal is to subvert the real estate industry.

Cadre hired a heavy staff from Square, that Square CEO Jack · Dorsey (Jack Dorsey) flew to New York, trying to change the employee’s decision. Eventually, however, it didn’t work.

The leader of the

team is · Ruian at the age of 28; Williams (Ryan Williams), he worked at Goldman and Blackstone, graduated from the Harvard University. Under his leadership, Cadre attracted many well-known investors and consultants. Over the past year and a half, Cadre completed a $68 million financing, investors including Peter · (Peter Thiel); Theil Founders Fund, Goldman Sachs, founder of Alibaba Ma Yun (micro-blog), Yuri Milner (DST · Yuri Milner), and real estate tycoon jereh de · Kushner (Jared Kushner) and Joshua · Kushner (Joshua Kushner). The company’s advisers include TPG Co CEO Joan · Vinke Reid (Jon Winkelreid) and SL Green President · (Andrew Mathias) in.

Cadre is a platform. Certified sellers can sell commercial real estate, including stores, department stores and offices, on this platform. In the past, many rich and powerful buyers want such an investment, but can not be exposed to such commercial real estate. And through the Cadre platform, they can bid $500 thousand or higher to buy part of the property. Currently, the property listed on the Cadre platform are located in the United States, but the company is planning to expand internationally.

Williams explains Cadre’s chances. He said: "if I ask you, if you want to buy the building, how to do? You may answer, I do not know. If >