Compound Breaks New Ground With ReTF™s (Real Estate Thematic Funds)

NEW YORK, Feb. 27, 2018 /PRNewswire/ -- Compound Asset Management, a New York City-based real estate asset management and technology company, announces the first ever ReTF™: NY Residential.

"ReTF" stands for real estate thematic fund. ReTFs combine the thematic investment strategy of an ETF (exchange traded fund) with the tax and diversification benefits of a REIT (real estate investment trust). ReTFs are a proprietary product of Compound and are intended to be listed on national stock exchanges once eligible, providing liquidity for investors.

NY Residential was created to offer exposure to the Manhattan residential real estate market, which has historically been too expensive for most investors to access. NY Residential will invest exclusively in Manhattan residential real estate including condominiums, single-family homes, and apartment buildings with a focus on long-term capital appreciation.

For the first time, retail investors can own interests in high-quality Manhattan residential real estate with a minimum investment of only $1,000. Investments can be made directly on the NY Residential website at http://www.nyresidentialreit.com.

"The price of a Manhattan apartment has outpaced the S&P 500 over the past 20 years," says Jesse Stein, Chief Investment Officer of Compound. "There is good reason why ultra high net worth individuals invest in apartments in Manhattan, and now smaller investors can participate in those economics as well."

WR Hambrecht + Co is acting as the sole and exclusive underwriter for the $50,000,000 initial public offering.  The Offering Circular is available here.

Compound is planning additional ReTF offerings, including:

• Miami Residential
• San Francisco Residential
• Brooklyn Residential
• The Hamptons

ABOUT COMPOUND ASSET MANAGEMENT, LLC
Compound Asset Management is a New York City-based real estate technology company and owner/creator of ReTFs.  Compound sells real estate-related investment products online, direct-to-consumer and through a network of broker-dealers. The company was founded by real estate industry veterans Janine Yorio and Jesse Stein.  Over her career, Janine Yorio has managed over $1 billion in real estate investments for real estate companies like NorthStar Capital and Standard Hotels, and has built a career around the intersection of real estate and consumer brands. She graduated from Yale University. Over his career, Jesse Stein has been involved in the creation of several innovative real estate products, including innovative REIT products, trading platforms, and real estate indices.  He is a graduate of Cornell University and has a masters degree in real estate from New York University. Compound makes sophisticated real estate investing accessible to everybody.

This press release does not constitute an offer to sell or a solicitation of an offer to buy, nor will there be any sale of securities in any jurisdiction in which such offer, solicitation or sale is not authorized. The offering will be made only by means of this offering circular. 

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SOURCE Compound Asset Management