Patel Real Estate Holdings (PREH) recently announced the launch of a $100 million tokenization fund on the Chintai blockchain, providing accredited investors with access to institutional-grade real estate opportunities. The new PREH Multifamily Fund focuses on vintage Class A multifamily units in the top 20 US growth markets. The entire fund structure is digital-native, ensuring compliant onboarding, reporting, capital calls, and potential secondary market transfers. The fund is part of a broader $750 million investment vehicle co-developed with institutional firms like Carlyle, DRA Advisors, and KKR. PREH plans to tokenize $25 million of the $100 million allocation on Chintai. The tokenization structure aims to address transparency and liquidity constraints faced by investors in private market placements. Established in 2010, PREH is a national real estate asset manager with a portfolio of Class A multifamily properties and over $500 million in completed real estate transactions. Chintai, the tokenization-focused blockchain, powers the R3 Sustainability Fund and its native token CHEX. The CHEX token is valued at $0.24 with a market capitalization of $244 million. Tejas Patel, the president of PREH, highlighted that they chose Chintai for its regulated, institutional-grade platform tailored for tokenizing real-world assets. Real estate tokenization is gaining momentum globally, with Deloitte forecasting $4 trillion worth of real estate to be tokenized on the blockchain by 2035. The growth of liquid secondary markets for fractional real estate assets is expected to enhance liquidity and eliminate the illiquidity discount on real estate investments. Various initiatives are underway to tokenize commercial real estate, offering investors fractional ownership opportunities. The trend towards real estate tokenization is expected to reshape the property investment landscape in the coming years.