Based in New York and founded in 2014, Cadre is an online platform that connects investors and operators of real estate. It is also known as Amazon for commercial real estate deals. Its main target clients are group of investors, such as endowments, foundations, institutions, and other high net-worth individuals. By leveraging its proprietary technology, Cadre brings more transparency, efficiency and liquidity to the real estate investing market by providing investors with access to the same information across deals. For an annual fee, members of Cadre can enjoy access to due diligence information and standardized financial data of assets which have been approved for listing on the platform after a comprehensive deal vetting process. Cadre makes money by collecting fees for access to the service as well as a portion of the deal profits based on its own investments. I believe this platform would definitely change the experience of sellers and buyers in such a historically opaque industry. It also creates an opportunity for more people to make investment in commercial real estate. However, Cadre would have to come up with a solution for such a challenge that after some time of interaction, buyers and sellers can make deals themselves to save charges from Cadre.
Sources:
http://www.businessinsider.com/what-is-cadre-and-how-to-invest-in-its-real-estate-deals-2016-6
http://realestatetechnews.com/blog/real-estate-tech-startup-cadre-brings-in-massive-fundraising-round
https://rctom.hbs.org/submission/buy-an-office-building-online-with-cadre-amazon-for-commercial-real-estate-deals/