George Soros Supporting Cadre with $250mn Credit Line

Real estate investment platform, Cadre, has gained the support of a $250 million credit line from George Soros’ Soros Fund Management; the funding has been a significant factor for the real estate firm which connects institutions with real estate investments after initially investing in the deals with funds from the credit line; past funding rounds have provided Cadre with over $68 million in capital and the firm is valued at approximately $100 million; in the first half of 2016 the firm closed over $200 million in real estate investment deals; the firm was founded in 2015 by brothers Jared and Joshua Kushner and Blackstone alum Ryan Williams who will be speaking at LendIt USA in March; Jared Kushner is expected to sell his stake in 35 companies as he joins the Trump administration as an adviser.  Source

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