RE.03 · Asset · Multi-Family, BTR, Pre-Construction

Pre-construction or post-completion. Same problem.

Multi-unit residential developments raising pre-construction or post-completion capital. Tokenized equity in the development entity. Reg D 506(c) for US accredited, Reg S for international, EU MiCA-compliant secondary access via Assetera.

Residential Deals10+delivered since 2018
Avg Raise Size$3–25Mper development
Min TicketFrom $100retail · $10K accredited
StructuresDE LLCBVI · Cayman · Cyprus
DistributionFINRA + MiCAtZERO · Assetera
Time to Live8–12weeks avg.
The opportunity

Residential is the most familiar asset. And the worst-financed one.

Multi-family and build-to-rent developments are the most relatable real-estate asset class for retail and accredited investors — yet most raises happen in private rooms with single-digit LP counts. Tokenization is what makes the cap table look like the demand actually does.

01 / Pre-Construction Capital
Construction loans cover 60–70%. The equity gap is what kills the project.

A 200-unit residential development typically needs $5M–$25M of equity to clear the construction loan’s LTC. Traditional fundraising means six months of friends-and-family or one well-placed sponsor. A tokenized Reg D 506(c) raise opens the same equity slot to thousands of accredited investors in 8–12 weeks — with verifiable KYC, transfer restrictions and a clean audit trail for the construction lender.

02 / Post-Completion Recap
Stabilized buildings should refinance into permanent capital. Most don’t.

Once a residential development is leased and stabilized, the original equity LPs want out. Tokenized recapitalization replaces them with long-duration retail and accredited yield investors — the cohort that prefers stabilized 6–9% yield over development risk. Same building, lower cost of capital, fresh investor base. The original sponsors keep the fee-stream and the carry.

03 / Retail Eligibility
Residential is the only RE asset that retail investors actually understand.

Most RE asset classes are too obscure for non-accredited investors to underwrite. Residential isn’t. Reg A+, Reg CF, EU prospectus and ADGM retail-eligible frameworks let you bring in retail capital from $100 minimums — in jurisdictions that permit it. Stobox structures the vehicle and runs the regulated raise. Distribution platforms include MiCA-licensed venues for cross-border secondary access.

What we tokenize

Six residential formats. Six different deal shapes.

A 50-unit Prague rental block is not the same offering as a 12-unit luxury Manhattan condo conversion. The Pre-Qualification Audit identifies the right token structure before any legal spend.

R.01 · Format
Multi-Family Rental
Stabilized 50–500 unit rental buildings, urban and suburban.

Tokenized equity with quarterly NOI distribution. Reg D 506(c) for accredited, Reg S for international. STV3 oracle-connected payouts. Strong fit for income-led investors with 5–7 year horizons.

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R.02 · Format
Build-to-Rent (BTR) Portfolios
Purpose-built rental portfolios across multiple sites.

Holding-co structure with sub-SPVs per site. Tokenized LP interest in the master vehicle. Strong fit for $20M–$100M raises seeking institutional + accredited co-investment.

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R.03 · Format
Pre-Construction Condominium
Equity raise to clear LTC ahead of vertical construction.

Equity token with development risk and a defined exit (sell-out at C/O). 24–36 month horizon. Reg D 506(c) only — no retail tranche. Strong fit for $5M–$15M equity slots inside a senior-loan capital stack.

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R.04 · Format
Post-Completion Multi-Units
Stabilized rental property recapitalized for permanent investor base.

Tokenized equity replacing original development LPs. Stable yield profile, lower risk premium. Reg D 506(c) + Reg S + EU prospectus retail tranche where eligible. Common for sell-down post-stabilization.

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R.05 · Format
Affordable & Subsidized Housing
Workforce housing and government-program-eligible developments.

Specialized structure: tokenized equity layered with tax-credit allocation (US LIHTC) or subsidy programs. Investor base skews toward impact-aligned family offices and ESG mandates. Reg D-only typical.

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R.06 · Format
Luxury & Branded Residential
Hotel-managed condominiums, ultra-prime branded apartments.

Tokenized fractional ownership of individual units, or pooled ownership across the entire building. Rental pool managed by hotel operator with NOI distributed on-chain. Cayman or ADGM holding for tax-neutrality.

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From site to live investor access

Every layer managed. One team. Zero gaps.

Residential tokenization fails the same way every time: senior lender doesn’t consent, the SPV is in the wrong jurisdiction, the cap table can’t pass a refinance KYC. Stobox manages all four layers as a single coordinated engagement.

Selected references · Residential

Residential developments on Stobox infrastructure.

A small selection of residential engagements live or recently completed. Sector mix illustrative; figures rounded; full breakdowns available under NDA.

USA · Multi-Family Rental
$8M
Landshare · DE LLC · Reg D 506(c) · Stabilized rental yield product
Czech Republic · Pre-Construction
$5M
Stage Point Capital · Cyprus holding · Prague apartments · Fractional ownership
USA · Build-to-Rent
$14M
DE LLC + sub-SPVs · Reg D 506(c) + Reg S · 60-unit BTR portfolio
EU · Branded Residential
$11M
Cayman SPV · Reg S + EU prospectus · Hotel-managed rental pool
Engagement pricing

Residential tokenization from $9,500. Every layer managed.

Every residential engagement starts at the same fixed entry point: a $9,500 Pre-Qualification Audit. Scope and cost for the next stage are confirmed in writing before a single further dollar is spent. You never commit to the next stage until the current one is signed off.

Step 01 · Pre-Qualification
$9,500
Fixed · 5–7 days · Written verdict · Credited on Go

CEO-led review of development readiness, lender consent posture, regulatory classification, jurisdiction mapping and investor feasibility. Three possible verdicts: Go, Conditional or No-Go.

Step 02 · Blueprint
Get a quote
Scoped after Step 01 · Five workstreams in parallel · Per-stage sign-off

Financial architecture, residential-specific legal framing (lender consent, construction-loan covenants), compliance design, distribution strategy and technology blueprint — each stage delivered as a document you own and accept before paying for the next.

Step 03 · Go-Live
Get a quote
6–8 weeks · Stobox 4 deployed · STV3 on-chain · FINRA introductions active

Platform live at your domain, smart contracts deployed, KYC pipeline configured, broker-dealer introductions activated. Your residential offering is ready and your investors are on the network.

Two ways to start

Pick your path. We’ll meet you there.

Path 01 · Self-service

Stobox Compass

AI-powered RWA readiness tool. Run an unlimited screener, score your residential development in 10 questions, and on Pro+ generate a consulting-grade AI report — without a sales call.

Register with Compass
Path 02 · Managed engagement

Schedule a call

For developers and asset managers ready for end-to-end tokenization. CEO-led discovery, a written Pre-Qualification verdict, and engagement scoping. No commitment to proceed.

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Legal Disclaimer

Stobox Companies Group is not a registered broker-dealer, funding portal, underwriter, investment bank, investment adviser, or investment manager, and does not provide brokerage, underwriting, or investment advice. Stobox is not a law firm and does not provide legal advice — legal structuring is delivered by independent third-party counsel.

Stobox does not solicit, offer, or sell securities. Token offerings are structured and distributed by licensed broker-dealers. Stobox takes no part in secondary market transactions and does not hold investor funds or securities. Digital asset custody is provided by Fireblocks under separate agreement.

Nothing on this website constitutes an offer to sell, solicitation to buy, or recommendation of any security or investment. All information is for informational purposes only. Past performance is not indicative of future results. Investing in tokenized securities involves substantial risk, including loss of principal.

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