Terms of Service
The US benefits from a stable macro-economic environment with record levels of employment and consumer confidence
Leaseum tokens are shares of a Real Estate investment fund. Token holders will receive dividends, capital gains, and voting rights
Our Smart Real Estate Value Tracker mechanism will use potential market volatility to increase the yield for token holders
Leaseum Partners is raising a $250 million fund to invest in income-producing commercial property in New York City, issuing fund shares as tokens through a Security Token Offering (STO) starting in Q4 2018. Token holders will receive quarterly dividends and potential capital gains.
Trading of Leaseum Real Estate tokens at a low cost will be open 24/7/365 on regulated exchanges, allowing investors to benefit from improved liquidity. Leaseum Partners offers an easy way to invest in professionally managed Real Estate.
Income producing Commercial Real Estate
New York City, USA
Up to 6-10 Buildings
Rental income, paid quarterly, in USD or cryptocurrency
Long term value investing, income focus from stabilized assets, strong relationships lead to strong access to market opportunities
Leaseum Partners will publish quarterly reports including independent third-party valuations of the Real Estate portfolio
The Portfolio Manager Michael Chetrit currently oversees and manages 1,500,000 square feet of property in New York City, and has worked on several $1B+ deals in the US
We expect the spot price and market capitalization of Leaseum tokens to track the Real Estate potential capital gains, allowing short term token holders to sell and realize profits. In any case, token holders will receive their share of the realized capital gains at fund term (10 years fund life)
Real Estate Portfolio Manager
Michael Chetrit of the Chetrit Organization is Leaseum Partner’s Portfolio Manager. He has a track record aligned to Leaseum Partners’ strategy of investing. That is, investing in stabilized NYC Commercial Real Estate assets with potential for high income growth through enhancement.
The Chetrit Organization is one of the most recognizable names in the American Real Estate market and has owned, developed and managed some of the most iconic buildings in the US. From the former headquarters of Standard Oil, to the Tiffany’s building on Fifth Avenue to the Willis Tower (formerly Sears Tower) in Chicago, once the tallest building in the world. Current tenants in Chetrit owned properties include some of the biggest brands in the world: L’Oreal, Capital One, and WeWork.
Chief Investment Officer Real Estate
David Dahan is Leaseum Partners Real Estate Chief Investment Officer. With over 25 years of experience, he was previously at Aviva, the 12th biggest insurance company in the world, where he served as Head of Listed Real Estate Securities, co-Head of Alternative Income Solutions (Managing Director Real Estate, Infrastructure), and was a member of the Real Estate Executive Committee.
As a member of Aviva Investors’ Real Estate Executive Committee, he has had a wide range of responsibilities, including leading strategic and corporate development, creating and growing a number of new businesses, and leading real-asset based income strategies, private equity, listed real estate securities, infrastructure, and structured finance investment businesses and teams.
Led an aggressive leasing strategy and Increased occupancy by approximately 35%
Increased rent per SF by over 40% and reduced operating costs by 10% through aggressive leasing strategy and capital expenditure
Asset stabilized at a current occupancy rate of over 90%, well above market
Increased the diversification of tenants over multitude of fields. Tenants include Primary (Co Working Space with over 75,000 SF), New York Film Academy (45,000 SF), Language Schools, Architectural Firm WRNS and Fashion Blog High Snobiety.
26 Broadway, also known as the Standard Oil Building, was built by Rockefeller for his “Standard Oil” company headquarters and is the building where he used to have his office. The Standard Oil building is a 160 meter landmark office building which is located in Bowling Green in the Financial District of New York City. During 2017 the structure was named the 220th tallest building in New York and 650th in the US. Arching over the City. 26 Broadway remains a famous piece of material for corporates and businesses alike.
Successfully transformed the entire office portion of the building from entirely vacant to 100% occupancy rate.
Through leasing strategy, white boxing spaces and major capital expenditures, leased entire office portion to Co working giant We Work at above market rates
Through leasing strategy, white boxing spaces and major capital expenditures, leased entire office portion to Co working giant We Work at above market rates.
The 428 Broadway in Soho is famous for its placement within the City of New York. Sitting at the corner, it provides tenants with a chance to be part of one of the trendiest neighborhoods in the city. The ground floor and basement are available for retail. This corner gets heavy foot traffic seven days per week and offers great street-level exposure to all tenants. Neighbors include Bloomingdale’s, Topshop, H&M and Tommy Hilfiger.
Current Owner: Subsidiary of Chetrit Organization
Purchase date: 2005
Number of floors: 6
Sq Ft: 51,000
Purchase Price: $22.5MM
Price Per Sq Ft: $441
Current Tenant: WeWork
Current occupancy Rate: Office portion 100% leased
Leased entire office portion to PSYOP Media Company at above market rates with yearly escalations.
Sitting in-between Little Italy and Lower Manhattan on the corner of Howard Street, the 427 Broadway enlightens the neighborhood with its Venetian Renaissance style and touch of French Renaissance details.
Number of floors: 5
Sq Ft: 36,000
Purchase Price: $13.7MM
Price Per Sq Ft: $380
Current Tenant:PSYOP Media Company
Occupancy Rate: Office portion 100% leased
Renegotiated Main office portion tenant (over 80%) for a ten year extension and expansion making it the American Eagle’s headquarters in NY.
Rents increased by over 10% starting year one with yearly escalations above expected inflation.
The former Tiffany & Co building is located in Midtown Manhattan, at the southeast corner of Fifth Avenue - 37th Street. It is a eight-story masonry structure, with an exterior, finished in iron, marble and terra cotta - ensures it stands out from the crowd. The exterior's monumental appearance makes it look like it only has three stories, with tall window groupings creating this illusion.
Number of floors: 8
Sq Ft: 220,000
Current Major Tenant: American Eagle
Negotiated lease for 80% of the office portion with Coworking Giant WeWork resulting in a 100% stabilized office portion
Built with a neoclassical and a Chicago School of Architecture design, 404 5th Avenue has many unique characteristics. Large Chicago-style windows cover the building and this is aligned with a magnificent blue and white terra cotta coating on the corners, to add an unexpected but intricate detail to the construction. Due to its Prime location, the buildings tenants include: Capital One.
Purchase date: 2016
Sq Ft: 120,000
Current Tenants:WeWork, L’Oreal, Capital One
Iconic deal : The building was once the tallest in the USA
Exit price : Highest ever paid price for a US office tower outside NYC
The Willis Tower, formerly Sears Tower, still commonly known as the Sears Tower stands at 110 stories high in the centre of the Chicago skyline. It is the second tallest building in the United States and the Western hemisphere and is one of Chicago’s most popular tourist destinations – more than 25,000 people enter the building each day.
Sale date (Exit): 2015
Purchase date: 2004
Number of floors: 110
Sq Ft: 4,56MM
Purchase Price: $841MM
Sale price (Exit): $1,3 Billion
Sale Date (Exit): 2016
Purchase date: 2013
Buyer: Olayan America
Number of floors: 37
Sq Ft: 1M Approx.
Purchase Price: $1.1 Billion
Sale price (Exit): $1.45 Billion
550 Madison Avenue, formerly known as the Sony Building, stands at 197 meters tall in the New York City skyline. Located in one the most central parts of Manhattan, this iconic building is in a class of its own, with a mix of modern and structurally historic features – something which no other building in New York possesses.
Rental income from the properties will be paid to token holders in USD, Ethereum or Leaseum tokens as quarterly dividends
Leaseum tokens are shares of a diversified portfolio of Real Estate
Real Estate constitutes an attractive asset class for risk-averse investors, especially during declining markets.
Leaseum tokens are expected to track the growing Real Estate portfolio value
Access top level Real Estate portfolio management, usually reserved to institutional investors and high net worth individuals
Leaseum tokens will be tradable on exchanges open 24/7/365, thus providing improved liquidity and easy access to Real Estate investment
- Private sale
- Light paper published
- White paper published
- Private sale, pre-sale and online sale
- Real Estate investment period begins
- First dividends paid to token holders
- Leaseum Token is listed on regulated security token exchanges
- Tokens are tradable on exchanges
- Dividends are paid quarterly
- Active asset management is performed at the property level to improve returns for investors
- Additional properties can be bought and sold
- Remaining buildings are sold
- Capital gains are distributed to token holders (unless they want to reinvest)
Got questions for us? Join the discussion on Telegram or email us
Private Equity, Real Estate & Consulting
Monaco Resources Group
Kurt Salmon (now Accenture Strategy)
13+ years experience
Former co-Head Aviva Investors Alternative Income Solutions (Managing Director Real Estate, Infrastructure)
25+ years of experience
Principal at The Chetrit Organization, NYC-based single family office managing several billion USD of Principal real estate assets in Manhattan, and several USD 1billion+ deals done in the US.
Head of Financial Engineering
Multi Asset Quant & Risk Analyst
Senior Vice President Citi, Credit Suisse, Societe Generale
8+ years of experience
Head of Investor Relations
Equity Derivatives & Structured Products Institutional Sales Manager
Director Natixis CIB, BNP Paribas
12+ years of experience
Chief Marketing Officer
Co-founded the retail brand MADE.COM, second fastest-growing tech company in the UK in 2014 and multi-awarded European success
Advisor & Investor in the start ups & fast growing scale ups scene
Chief Financial Officer
Investment professional with 18 years of experience in M&A, ECM, Quantitative Proprietary Trading, Hedge Fund Management.
BNP Paribas, Commerzbank
Head of Growth at VC backed PropTech start-up, Acasa.
London city organiser for start-up consulting event, House of Genius.
Blockchain & Cybersecurity
Head of Engineering at STRATIS (top 40 cryptocurrency by market capitalisation) focusing mainly on wallets and privacy protocols
Blockchain Advisor & Asset Management expert
CEO Team Blockchain, crypto economics, ICO and funds specialist
Over 25 years experience as CEO of Premier Asset Management (£1bn+ under management, floated in London)
Cross Asset Trading
Managing Director Merrill Lynch Bank of America, Morgan Stanley, Exotic Equity Derivatives Trading, Cross Asset Macro Hedge Fund Manager
15+ years of experience
Derivatives, hedging & alternative investments expert
Managing Director Aegon Americas, Natixis Alternative Investments, Celestar Capital Advisors, Axa Capital Advisors, Citi
30+ years experience
Legal & Compliance Advisor
US qualified lawyer and US qualified accountant
30+ years experience of legal, compliance and regulatory matters involving complex financial issues.
Forensic investigator at the FCA on cases linked to the LIBOR scandal.
He has spent the last 10 years working in the online marketing arena and was the CMO for a large FX brokerage.
Sydney is among the top 20 ICO experts on ICObench and has previously worked with numerous ICO projects.
Sydney holds a degree in computer science and has 10+ years commercial experience
Steve Sillam, CEO of Leaseum Partners discusses tokenizing Real Estate
Steve Sillam discusses launch of blockchain based real estate investment fund - Proactive Investor
Leaseum Blockchain World Summit Interview with Co-founder Michael Abib
Lior Abehassera explains the concept of Leaseum Partners at MIPIM PropTech.
[In French] Lior is presenting at the Paris Forum de la Blockchain
For the avoidance of any doubt, this website is not hosted or published by “Leaseum Partners UK Ltd” which is a company incorporated in the United Kingdom under company number 11456512. This website is not hosted or published by “Leaseum GP”. This website is not hosted or published by “Leaseum Investment Manager”.
This website is only hosted and published by Leaseum Partners International which is a Cayman Island feeder fund, which is not regulated or authorised in any jurisdiction. As such, no regulatory protections are afforded to any persons regarding the information contained within this website.
This website may contain material that is interpreted as a financial promotion for purposes of the United Kingdom’s Financial Services and Markets Act 2000 (“FSMA”). Leaseum Partners International (the “Firm”) is incorporated in the Cayman Islands with Company Number 340860 with registered office at c/o Hermes Corporate Services Ltd., Fifth Floor, Zephyr House, 122 Mary Street, George Town, P.O. Box 31493, Grand Cayman KY1-1206, Cayman Islands. The Firm is not an authorised person for purposes of the FSMA, and accordingly, this website is directed only at persons in the UK reasonably believed to be of a kind to whom such promotions may be communicated by an unauthorised person pursuant to an exemption under the FSMA (Financial Promotion) Order 2005 (the “FPO”). Such persons include: (a) persons having professional experience in matters relating to investments as set out in Article 19 of the FPO and Article 14 of the Financial Services and Markets Act 2000 (Promotion of Collective Investment Schemes) (Exemptions) Order 2001 (“Investment Professionals”); (b) high net worth bodies corporate, partnerships, unincorporated associations, trusts, etc. falling within Article 49 of the FPO (“High Net Worth Businesses”).
Any investment opportunities in this website are available only to such persons, and persons of any other description in the UK may not rely on the information in it. Protections provided by the UK regulatory system, and compensation under the UK Financial Services Compensation Scheme, will not be available.
This website or any of its content must not be distributed or passed on, directly or indirectly, to any other person without the express written consent of the Firm. Content of this website is provided for information purposes only. Nothing within this website should be construed as investment advice and should not be relied upon.
The information contained within this website was obtained from sources believed to be reliable, but no guarantee is given to its accuracy and completeness. The Firm is under no obligation to update, modify or amend the information.
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A security token is a digital asset that is subject to securities regulations. Security tokens serve as the intersection of digital assets (tokens) with traditional financial products. They can be backed by real assets such as Real Estate or commodities but also financial assets such as equity or debt.
As opposed to traditional securities ownership which may be recorded in paper documents or computer files, security tokens are safely stored on the blockchain which brings a series of advantages:
Increased liquidity: Security tokens are tradable on the secondary market at any time on exchanges and P2P around the world. Trades are no longer tied to traditional trading hours – trading is open 24/7/365.
More inclusive: It is more cost effective to issue and manage security tokens than it is for traditional securities. This means smaller investments are possible and a wider range of investors can access opportunities that used to be reserved exclusively to institutional investors and high net worth individuals.
Lower Costs: Token issuance and trade execution are disintermediated, removing the costs imposed by middlemen. Furthermore, smart contracts will help lower costs even more by removing the utility of middle and back officers who have historically been needed to deal with securities lifecycle events.
Automated compliance: Embedded code in Smart Contracts allow regulatory compliance to be automated. This leads to faster KYC (Know Your Customer) and AML (Anti-Money Laundering) completion and, ultimately, faster deal execution. In addition, because Security Tokens are registered on a distributed ledger, there is no need for conventional clearinghouses.