In-Depth Real Estate Investing Reviews· Updated May 5, 2026
Cadre is an institutional-quality commercial real estate platform — now part of Willow Wealth (formerly Yieldstreet) following a January 2024 acquisition. The $50,000 minimum and accredited-only access still make it a fit only for high-net-worth investors.
Investment Quality Score
The Bottom Line
Cadre is a credible accredited-only commercial real estate platform with strong reported historical IRRs and institutional backing, but its $50,000 minimum, the January 2024 acquisition by Yieldstreet (now Willow Wealth), and a 2018 Kushner Cos. property controversy mean retail investors and platform-trust-sensitive investors should weigh it carefully.
Pros & Cons
Institutional-quality commercial deals
Cadre curates commercial real estate offerings — multifamily apartments, office, hotels, industrial — that typically only institutional investors can access directly.
Established platform with track record
Founded in 2014, Cadre has reported approximately $184 million in cumulative gross distributions to investors and a roughly 17.8% historical IRR across realized deals.
Cadre Direct Access Fund
Investors who don't want to pick deals one-by-one can use the Cadre Direct Access Fund, which builds a diversified portfolio across roughly 15 high-growth U.S. markets.
Backed by a larger alt-investment platform
Since January 2024, Cadre has operated as part of Yieldstreet (rebranded to Willow Wealth in October 2025), a multi-asset alternatives platform with broader product distribution. Cadre's CEO Ryan Williams continues to lead the brand and Cadre's investment team transitioned with the deal.
$50,000 minimum
Cadre's typical direct-deal minimum is $50,000 — among the highest in our comparison set. Spreading capital across multiple deals (the prudent diversification strategy) requires several hundred thousand in available capital.
💡 Investment Tip: If you're not deploying $200K+, consider lower-minimum platforms before Cadre.
Accredited investors only
Cadre is closed to non-accredited investors. You must verify $200K+ income (or $300K+ jointly), $1M+ net worth excluding primary residence, or hold relevant financial licenses.
💡 Investment Tip: Non-accredited investors should look at Fundrise, Groundfloor, or Roots instead.
5–8 year hold periods, limited liquidity
Cadre deals typically run 5–8 years with no formal early-exit option. Sponsors decide when to liquidate. Capital should be considered locked for the full hold.
💡 Investment Tip: Don't commit capital you may need within 5+ years to any Cadre offering.
Now part of Willow Wealth (formerly Yieldstreet)
Yieldstreet completed its acquisition of Cadre on January 23, 2024 and rebranded the parent platform to Willow Wealth in October 2025. Investors who want a fully independent commercial real estate platform should factor in that Cadre's parent company has faced significant investor-loss coverage tied to other (non-Cadre) parts of its business.
💡 Investment Tip: Read the latest Cadre and Willow Wealth disclosures together so you understand what is and isn't part of the Cadre track record.
2018 Kushner Cos. controversy
In 2018, Fortune Magazine and Bloomberg reported Cadre benefited from misleading rent filings on a Kushner Cos. property deal. The episode prompted significant scrutiny of the platform's underwriting and disclosure practices.
💡 Investment Tip: Diversify across many sponsors and platforms — even institutional-grade vetting has historical gaps.
Limited public transparency
Independent reviewers (notably the Real Estate Crowdfunding Review) have flagged Cadre for declining to answer detailed performance and methodology questions. The platform reports its own IRR figures but external scrutiny is limited.
💡 Investment Tip: Treat reported returns as platform-marketed rather than independently audited.
The Basics
Cadre is a commercial real estate investing platform founded in 2014 by Ryan Williams. Yieldstreet completed its acquisition of Cadre on January 23, 2024 and rebranded the parent company to Willow Wealth in October 2025. Cadre continues to operate as a brand under Willow Wealth, connecting accredited investors with institutional-quality commercial real estate deals — primarily multifamily apartments, office space, hotels, and industrial properties — and offering the Cadre Direct Access Fund as a diversified vehicle.
Direct equity in individual commercial real estate deals (multifamily, office, hotel, industrial) plus the Cadre Direct Access Fund — a diversified managed fund covering multiple markets.
Accredited investors only. SEC accreditation requirements apply: $200,000+ annual income (or $300,000+ jointly), $1,000,000+ net worth excluding primary residence, or holding relevant financial licenses.
Cadre's investment team — led by CEO Ryan Williams (also Willow Wealth's Global Head of Institutional Partnerships & Clients) — sources commercial real estate deals across U.S. growth markets, underwrites them, and lists them on the platform after vetting. The team includes alumni of Goldman Sachs, Blackstone, and other institutional shops.
Founded in 2014, Cadre has reported approximately $184 million in cumulative gross distributions to investors and a roughly 17.8% historical IRR across realized deals. The platform faced public scrutiny in 2018 over a Kushner Cos. property deal, was acquired by Yieldstreet on January 23, 2024, and has operated under the Willow Wealth parent brand since October 2025.
Ease of Use
Individual commercial real estate deals (multifamily apartments, office, hotels, industrial) and the Cadre Direct Access Fund. Both carry meaningful minimums and accreditation requirements. Cadre branding lives inside the broader Willow Wealth platform.
The Cadre Direct Access Fund covers approximately 15 high-growth U.S. markets, with concentration in Sun Belt metros. Direct deals are sourced across the U.S.
$50,000 typical minimum for direct deals. The Cadre Direct Access Fund minimum can be lower for some investor types but verify on the platform.
Each offering ships with a sponsor profile, business plan, financial model, and deal-specific risk factors. Public-facing performance metrics are limited, and Cadre-specific disclosures now sit alongside parent-company Willow Wealth reporting.
Verify accredited status, complete identity verification, fund the account, and invest in any open offering. The platform may apply additional accreditation review for new investors. Cadre offerings now appear via the Willow Wealth platform.
Earning Potential
Cadre reports a historical IRR of approximately 17.8% across realized deals and roughly $184 million in cumulative gross distributions. Advertised target returns on individual offerings typically range 10–15%. Past performance is platform-reported and not independently audited.
Varies by deal. Cash-flow positive deals typically pay quarterly distributions. Final returns are realized when properties are sold.
Cadre's fee structure varies by offering and includes both platform-level and sponsor-level fees. Read each deal's fee schedule carefully. Fund products typically include both management and carried-interest fees.
“Cadre's reported 17.8% historical IRR sits near the top of accredited real estate platforms — but the 2018 Kushner Cos. controversy, January 2024 acquisition by Yieldstreet (now Willow Wealth), and limited public transparency mean investors should approach the headline return with skepticism.”
Investment Liquidity
Typical hold periods run 5–8 years. Sponsors decide when to liquidate; investors do not control exit timing.
There is no formal early-exit option on most Cadre offerings. Investor-to-investor transfers may be possible in limited cases but require Cadre's involvement.
Cadre offers limited investor control once capital is committed.
“Cadre's hold periods of 5–8 years and lack of secondary market mean capital is locked for years — investors should plan accordingly.”
The Final Verdict
Cadre is a credible institutional-quality commercial real estate platform with a strong reported track record and a diversified fund product. The $50,000 minimum and accredited-only access already limit it to high-net-worth investors, and the January 2024 acquisition by Yieldstreet — now Willow Wealth — plus the lingering 2018 Kushner Cos. controversy and limited public transparency add additional considerations. High-net-worth investors who already have institutional CRE exposure may still find selective value here, but most retail investors should look elsewhere.
Extras
A diversified managed fund covering roughly 15 high-growth U.S. markets — useful for accredited investors who want Cadre exposure without picking deals one-by-one.
Yieldstreet completed its acquisition of Cadre on January 23, 2024. Cadre's CEO Ryan Williams continues to lead the brand and serves as Willow Wealth's Global Head of Institutional Partnerships & Clients. The parent company rebranded from Yieldstreet to Willow Wealth in October 2025.
Fortune and Bloomberg reported in 2018 that Cadre benefited from misleading rent filings on a Kushner Cos. property deal. The episode remains the most significant public-trust event in the platform's history.
Reach Cadre via cadre.com (which now ties into the Willow Wealth platform) or by emailing investor support listed on the website.
Frequently Asked Questions
Cadre operates as a brand, but it is owned by Willow Wealth (formerly Yieldstreet) following the acquisition Yieldstreet completed on January 23, 2024. Cadre's CEO Ryan Williams continues to lead the Cadre brand and now also serves as Willow Wealth's Global Head of Institutional Partnerships & Clients.
$50,000 for typical direct deals. The Cadre Direct Access Fund may have a different minimum for some investor types — verify on the platform.
No. Cadre is restricted to accredited investors only. Non-accredited investors should look at Fundrise, Groundfloor, or Roots for accessible commercial real estate-adjacent exposure.
Cadre reports an approximately 17.8% historical IRR across realized deals and roughly $184 million in cumulative gross distributions. Past performance is platform-reported and not independently audited.
No. There is no formal early-exit option and no secondary market for most Cadre offerings. Hold periods typically run 5–8 years, with sponsors controlling exit timing.
Lofty is one of the most flexible ways to invest in real estate.
Enjoy $50 minimums, daily rent payouts, no lock-up periods, and a 24/7 exchange for buying and selling shares.