We advised Cadre on the sale

Davis Polk advised Cadre in connection with the sale of the Weston at Copperfield Apartments, an apartment complex in Houston, Texas.

Cadre is a tech-driven commercial real estate investment platform that invests in single multifamily properties generating good cash yields and internal rates of return. Since the platform was launched in 2014, Cadre has closed more than $3.3 billion in real-estate transactions in more than 16 markets across the United States. It has attracted several big-name investors, including the Ford Foundation and Andreessen Horowitz.

For this investment, Cadre participated in a joint venture with Knightvest, a group specializing in the development and management of multifamily properties.

The Davis Polk real estate team included partner Brian S. Lichter and associates Elizabeth A. Case and Ben Montgomery. All members of the Davis Polk team are based in the New York office.

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