Goldman Commits $250 Million in Client Money to Real Estate Firm
NREI – National
The Wall Street bank committed $250 million in money collected from private-wealth clients to Cadre, which operates via an internet platform. (Bloomberg)—Goldman Sachs Group Inc. Chief Executive Officer Lloyd Blankfein is doubling down on his claim that he runs a technology company. This time, he’s giving clients access to an online startup making commercial real estate investments. The Wall Street bank committed $250 million in money collected from private-wealth clients to Cadre, which operate…