$18M Aspen Hotel Sale Lands as First Big Commercial Real Estate Blockchain Deal

Elevated Returns, an asset-management company controlled by investor Stephane De Baets, has sold $18 million in securitized tokens that represent ownership stakes in the firm’s St. Regis resort in Aspen, Colo., the first major commercial real estate transaction facilitated by blockchain technology, the company announced.SEE ALSO: NKF Originates $87M Freddie Mac Refi on Philly-Area Rental … Continue reading $18M Aspen Hotel Sale Lands as First Big Commercial Real Estate Blockchain Deal