Building is a data-driven marketplace for tokenized commercial real estate. We lower the barrier to entry for investment, enable liquidity, and add measurable value to the underlying asset.
Current Status
Building's platform is plug and play with over two dozen service providers, including blockchains, broker-dealers, alternative trading systems, and full real estate lifecycle data collection. We meet institutional due diligence and reporting standards, banking and ISO standards, and cross-jurisdictional operability. The federated data room has onboarded more than $60b in financial assets while Building has nearly $2b of commercial real estate across three continents that will be onboarded.
Problem or Opportunity
Private markets, especially commercial real estate, traditionally have a high barrier to entry for investors, illiquidity, and a lack of data provenance. This leaves over $33b of capital blocked from the affluent and middle markets, increases project risk, and contributes to valuation errors and industry fragmentation.
Solution (product or service)
Building's platform combines tokenization and AI to offer three unique services: a marketplace for project financing, a federated data room for full lifecycle data structuring, and real estate-specific AI models for better comps, asset management, and real-time valuation. This injection of data into the market and automation software allows for raising capital at scale, trustworthy secondary markets, and more confidence from lenders.
Business model
Marketplace commission; recurring AUM fee; SaaS fee for federated data room, full lifecycle property management, financial utilities; white label fee
