Kushner and Soros-backed real estate startup Cadre is going back on offense
The pandemic delivered a serious scare to Ryan Williams and his technology real estate startup, Cadre.
The investment platform hunkered down and braced for the worst in March, despite being backed by well-connected and well-heeled investors like Mark Cuban, George Soros and Jared Kushner.
So Cadre, led by Williams, its 32-year-old co-founder and CEO, stopped investing in properties. He laid laid off a quarter of his 100-person staff. And the company stress tested its $3 billion real estate portfolio to see which properties could survive the health crisis and a recession.