Journal
Notes on tokenizing hotels and property
15 September 2026 · 4 min read
Tokenized multifamily with US accredited and Reg S investors
How a $19M, 300-unit US multifamily complex was tokenized in a Wyoming LLC with three share classes and US accredited and Reg S investors on one registry.
15 September 2026 · 5 min read
Tokenized fractional ownership vs timeshare vs REIT: what a hotel investor actually holds
How tokenized fractional hotel ownership differs from a timeshare and a REIT share: what is held, who may hold it, how it pays and how it transfers.
15 September 2026 · 5 min read
Legal entities and SPVs for tokenized property
How PropCo, OpCo and issuer SPV fit together in a tokenized property deal, where the SPV sits, and which documents it needs before investors onboard.
15 September 2026 · 5 min read
Resort tokenization where foreigners cannot own land: Bali, Turkey, Cyprus
How resort tokenization works where foreigners cannot own land: Bali leaseholds, Turkish company routes, Cyprus permissions, offshore investor SPV.
15 September 2026 · 5 min read
How to tokenize real estate: a sponsor's guide
Seven steps to tokenize residential and commercial property, with timelines from delivered US multifamily, Dubai, Lithuania and warehouse deals.
15 September 2026 · 5 min read
Tokenizing a development before completion: milestones, draws, reporting
How development-stage equity is tokenized before completion: milestone reporting, draw controls and distributions that start when operations do.
15 September 2026 · 5 min read
Investor KYC for tokenized property: what is checked and why
What investor KYC for tokenized real estate checks, from identity to accreditation, and how each check becomes a transfer rule on the registry.
15 September 2026 · 3 min read
How to tokenize a hotel: structure, investors, distributions
What a hotel tokenization involves, from the operating numbers to the first quarterly distribution, with the Turkish beachfront hotel and Dubai cases as reference.
15 September 2026 · 5 min read
Preferred returns, hurdles and profit share: running a property waterfall on a registry
How preferred returns, profit share and an IRR hurdle are computed and paid quarterly from a registry, using a three-class US multifamily case.
15 September 2026 · 4 min read
What hospitality tokenization costs and how long it takes
The cost categories behind a hotel or resort tokenization, timelines from delivered cases, and the deal size below which the fixed costs stop making sense.
15 September 2026 · 5 min read
Raising from GCC family offices for Dubai property: Bahrain SPV, USDT and AED
How a $22M Dubai residential development raised from 45–50 GCC family offices via a Bahrain SPV, with quarterly USDT or AED distributions.
15 September 2026 · 5 min read
Branded residences and serviced apartments: separating title from investor rights
Why investor rights in branded residences sit in the SPV, not in unit title, and how rental pools, operator agreements and transfer controls fit.