Edward Nwokedi Announces Launch of CRE-blockchain company, RedSwan.io
Top-producing Executive Director of Cushman leaves to become CEO of CRE blockchain tokenization start-up.
July 30, 2019 / / —
Edward Nwokedi is leaving his role as Head of Cushman and Wakefield’s Capital Markets, and publicly announces the launch of his new CRE-blockchain startup company, RedSwan.io (“RedSwan”).
RedSwan is working with property owners, investors and brokers to launch its marketplace of $2 billion in high-quality, CRE assets onto the blockchain to raise capital for building owners. Its recession-proof technology will provide much needed capital-markets liquidity solutions. This new company is positioned to be the largest tokenization and digital securities issuance platform for commercial real estate assets in the United States.
RedSwan is assisting building owners to recapitalize their properties by leveraging digitalization of asset-backed securities. This new technology makes the entire process for recapitalization of quality real estate assets much faster and more efficient and producing higher proceeds. RedSwan aims to provide CRE investors with a higher degree of flexibility to get in and out of assets in seconds as opposed to the typical acquisition/disposition times which ranging from 6 months to 7 years respectively.
Ed, who started RedSwan with his partners was, until recently, the Executive Director for Cushman and Wakefield’s Capital Market Group, covering Texas. He is very proud of his 17 years at the company, collaborating with the industry’s best professionals.
Mr. Nwokedi states “such high-level visibility, support and leadership were invaluable to securing Best of Class solutions for clients.”
Prior to his CRE career, Ed used technology to transform an automotive service business to an online logistics solution, carstation.com. He and his former colleague founded this start-up and raised $95 million from Silicon Valley’s leading VC Funds – NEA and Lightspeed, before exiting to a Fortune 500 company in a strategic acquisition.
To stay updated with Ed and RedSwan, please visit Ed Nwokedi@LinkedIn and/or our website, https://redswan.io. Alternatively, press inquiries can be sent by mail to 8121 Broadway, Suite 225 in Houston, TX 77061. Further inquiries may also be made on +17132404589 or emailed to ed@redswan.io.
RedSwan invites property owners, investors and partners to join the platform via: Properties@RedSwan.io
Investment@RedSwan.io
Partners@RedSwan.io
Contact Info:
Name: Ed Nwokedi
Email: Send Email
Organization: RedSwan
Address: 8121 Broadway, Suite 225 in Houston, TX 77061
Phone: +17132404589
Website: https://redswan.io
Source:
Release ID: 88901266