BlockEstate begins accepting investments from strategic partners and select investors.
Selected Portfolio Management Team Track Record
Here is a sample of different property types from BlockEstate’s team members’ portfolios:
Most real estate fund managers have an arrangement that, after a certain “hurdle rate” is reached, the fund manager is able to participate in the income and capital gains of the fund, typically at 20-25% of its yearly profits (this is called “carried interest”). To keep more of the BlockEstate’s capital invested into profit generating real estate, our fund will only receive a 10% carried interest fee only once aggregate buybacks have exceeded the amount raised in the Offering. The rest of BlockEstate’s compensation will be deferred in the form of a 10% token allocation, contingently locked for 5 years, and dependent on the fund achieving a “high water mark” of at least a 25% increase in the fund’s value (based on opening NAV).
This model is in line with traditional fund management compensation structures, and keeps the team highly incentivized to maximally perform.