The Security Token Group (STG), a team of professionals focused on re-inventing capital markets with blockchain-enabled security tokens, have published their very first Security Token Market Real Estate Report.
The security token market, as tracked on stomarket.com, hosts live-trading data from 26 different security token projects across the globe. The STG team confirms that they compile monthly reports that cover each of these assets’ performance on the secondary market.
Starting this month (December 2020), the STG team will be releasing a separate market report that covers the trading activity for the tokenized real estate sector. The report mainly focuses on industry-specific statistics and developments, and will be updated with new information as more properties are tokenized and listed in the future.
As reported by the STG team, the tokenized real estate market capitalization stood at $25,431,875.00. Meanwhile, the November 2020 trading volume for this market was $188,281.00, the report revealed.
As noted by the STG team, some of the properties being tracked on stomarket.com are as follows:
- St. Regis Aspen Resort — $1.23 (-5.38%)
- Commercial Real Estate
- Aspen, Colorado
- Website
- Market Cap: $22,140,000
- November 2020 Trading Volume: $25,720.00
- Property Financials
- Monthly Revenue (as of August 2020): $3,500,384
- EBITDA: $1,530,535
- YTD Equity Appreciation: -6.11%
- Dividend Schedule: TBD
- Property Details
- Property Type: Hotel
- Property Manager: Elevated Returns
- 179 units
- Occupancy Rate: 68.88%
- Tokenization Issuance Platform: Aspen Digital
- Exchange Listing: tZERO
- Oosten Property — $0.01 ( — )
-
- Multifamily Residential
- Brooklyn, NY
- Website
- Market Cap: $1,273,300.00
- November 2020 Trading Volume: $271.00
- Property Financials
- Initial Property Valuation: 1,000,000
- YTD Equity Appreciation: 0%
- Dividend Schedule: Semi-Annual
- Property Details
- Property Type: Condominium
- Property Manager: Xinyuan Real Estate Co.
- 216 units
- Tokenization Issuance Platform: UPRETS
- Exchange Listing: MERJ Exchange
-
- 16200 Fullerton Avenue — $162.87 (+12.23%)
- Multifamily Residential
- Detroit, Michigan
- Website
- Market Cap: $618,909.00
- November 2020 Trading Volume: $101,919.00
- Property Financials
- Property Valuation: $550,000.00
- Net Rent / Year: $51,994.80
- Rent / Token: $13.68 / year
- Expected Yield: 9.45%
- YTD Equity Appreciation: 2.70%
- Property Details
- Property Type: Apartment
- Property Manager: RealT
- 14,400 sq. ft. across 14 units
- 10/14 units currently rented
- Tokenization Issuance Platform: RealT
- Exchange Listing: Uniswap
(Note: for the complete list of tokenized properties, check here.)
As covered recently, the STG team reported that security tokens market cap dropped over 10% month-over-month to $449.1 million, with tZERO’s TZROP down 36%.
The team at Security Token Advisors, which aims to “reinvent” finance with security tokens, has revealed that the world’s top 100 banks are “reinventing” themselves by leveraging blockchain or distributed ledger technology (DLT).
Kyle Sonlin, the founding partner at the Security Token Group and the CEO at Security Token Market (STM), noted in October 2020 that the real estate sector had really dominated. He had pointed out that RealT, an established tokenized real estate issuer, had tokenized 28 single and multifamily homes across the United States. RealIT has been focused on Detroit-based Section 8 housing, Sonlin confirmed.
In August 2020, Sonlin had said that investors aren’t scared of security tokens as an investment. He had also discussed arbitrage opportunities.