The team at Security Token Market (STM), which is focused on re-inventing capital markets with blockchain or distributed ledger technology (DLT)-based security tokens, has published its December 2020 Real Estate Market Report.
The Security Token Market team notes that their website, stomarket.com, hosts live-trading data from 25 different security tokens across the globe. STM regularly prepares monthly reports which outline the performance of these assets on the secondary market.
STM’s report mainly focuses on industry-specific statistics and related developments, and will be adding more properties that are tokenized in the coming months (this is the second real estate market report from STM).
As confirmed in the report, the tokenized real estate market cap stood at $25,751,780 for December 2020. The market cap monthly change was +1.26%, the December 2020 trading volume for these tokens was $179,861, with a trading volume monthly change of -4.47%.
Here are some of the most notable tokenized real estate projects:
St. Regis Aspen Resort — 1.25 (-0.79%)
- Commercial Real Estate
- Aspen, Colorado
- Website
- Market Cap: $22,500,000
- December 2020 Trading Volume: $105,294
- Monthly High-Low: $1.30 – $1.25
- Property Financials
- Monthly Revenue (as of August 2020): $3,500,384
- EBITDA: $1,530,535
- YTD Equity Appreciation: -4.58%
- 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
- December 2020 Trading Volume: $0
- Monthly High-Low: $0.01
- 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 — $152.94 (-6.62%)
- Multifamily Residential
- Detroit, Michigan
- Website
- Market Cap: $581,174
- December 2020 Trading Volume: $25,067
- Monthly High-Low: $167.13 – $142.52
- Property Financials
- Property Valuation: $550,000
- Net Rent / Year: $51,994.80
- Rent / Token: $13.68 / year
- Expected Yield: 9.45%
- YTD Equity Appreciation: -3.56%
- 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
(For the complete list from Security Token Market, check here.)
As reported recently, the blockchain or DLT based security tokens market cap stood at $374 million+ in December 2020 with over $2.6 million in trading volume.
As covered last month, the tokenized real estate market cap stood at $25 million+ with $188,000+ in trading volume for November 2020 (as covered by the Security Token Market team).
The team at Security Token Advisors, which aims to “reinvent” finance with security tokens, had revealed (towards the end of 2020) 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 RealIT, 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.
