Everything Ryan Williams said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Cadre secured its first real estate asset through partner Jared Kushner.
“The first actual asset was an asset that I was able to secure vis-a-vis a relationship with Jared Kushner. Who was one of my earliest partners as well.”
Williams argues real estate is the most important asset class for wealth.
“The more I realized that it was the most important asset class to own, to build long-term wealth. Yet very few people were able to actually own it, especially people such myself.”
Williams acquired thousands of residential units as a side hustle in finance.
“We started buying more homes, thousands of units we acquired. Now this was sort of my night job. My day job was working in finance to pay off my student loans.”
Blackstone purchased thousands of residential homes weekly during Williams's tenure.
“We were buying thousands of homes, you know, on a weekly basis.”
Cadre created an early version of the first real estate secondary market.
“What we did was we created an early version of the first ever secondary market for real estate.”
Cadre secured a $250 million commitment from Goldman Sachs.
“We secured a two hundred fifty million dollar commitment from Goldman you know, the institution. And then they had about a thousand sub advisors and clients beneath that commitment.”
The Soros family and Mark Cuban were major backers of Cadre.
“We also had the Soros family, who was one of our biggest backstop partners, and Mark Cuban, who I communicated with on a weekly basis.”
Vinod Khosla says a founder's top skill is knowing whose advice matters.
“Vinod was great in that he gave me this advice that still resonates with me today, which is the most important attribute in his mind of an entrepreneur is who do you listen to for what advice?”
Ryan Williams founded Cadre to be the Blackstone for everyday investors.
“CADRE is a technology driven real estate investment platform. I started the business to democratize access to real estate and ultimately alternative investments. And you know, it's a platform where people can log in, they can invest in either single real estat…”