Patel Real Estate Holdings (PREH), a US-based real estate firm, has introduced a $100 million tokenised investment fund designed to offer qualified investors exposure to institutional-grade multifamily assets.
The newly launched PREH Multifamily Fund will be hosted on Chintai, a blockchain platform that facilitates tokenisation of real-world assets. PREH has initially committed $25 million of the total $100 million to be tokenised on Chintai’s institutional-grade Layer-1 blockchain infrastructure.
Focus on high-growth markets
The fund will target vintage Class A multifamily properties located in 20 of the fastest-growing metropolitan areas in the United States.
The initiative is part of a broader $750 million investment strategy developed in collaboration with institutional partners including Carlyle, DRA Advisors, Walton Street Capital, RPM, and KKR.
Digital-first approach to real estate investing
According to a company spokesperson, the fund will operate as a fully digital-native structure, incorporating features such as compliant onboarding, automated reporting, capital call management, and the potential for secondary market transfers. PREH aims to improve transparency and reduce liquidity challenges commonly faced in private market real estate placements.
Tejas Patel, President of PREH, highlighted Chintai’s regulatory compliance and investor protection features as key reasons for the partnership. The blockchain infrastructure is designed specifically for real-world asset tokenisation.
Chintai’s growing presence in digital finance
Beyond real estate, Chintai also supports tokenised ESG initiatives such as the R3 Sustainability Fund. Its native token, CHEX, currently holds a market cap of approximately $244 million, according to CoinMarketCap.
A growing trend in property tokenisation
The launch of the PREH Multifamily Fund comes amid increasing adoption of real estate tokenisation globally. Similar platforms, such as DigiShares and Blocksquare, have introduced digital marketplaces for luxury and commercial property investments.
According to Deloitte, tokenised real estate assets could reach $4 trillion in value worldwide by 2035.
PREH’s fund reflects a wider move towards integrating traditional property assets with blockchain to broaden investor access, improve transaction efficiency, and modernise real estate investment models.
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By Proptechbuzz
By Ravi Kumar
