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Insights

Working notes on global liquidity for private real estate.

We publish what we've learned doing the work — by asset class, by jurisdiction, and on the structuring decisions that quietly decide whether a deal closes. No hot takes, no roundups.

In the queue

First wave drops in May–June

AllPrimerJurisdictionAsset classRisk
Primer

Liquidity for private real estate without selling: a 2026 primer

What owners actually mean when they ask about tokenization, and the three things that change once you stop framing it as a sale.

Drafting · May 2026

Primer

What structuring private real estate for global investors actually costs

Plain numbers. Where the $5K–$50K legal-fee figure comes from, and what you can do for less than that with a Diagnostic in hand.

Drafting · May 2026

Jurisdiction· Spain

Spain's luxury real-estate landscape: legal pathways for fractional foreign ownership

What's actually permitted, what's only theoretically permitted, and the structures we see surviving the bar in Madrid.

Drafting · June 2026

Risk

Real-estate fractionalization: real benefits, real risks

The list nobody publishes. What actually goes wrong, what's overstated, and how to read the boilerplate.

Drafting · June 2026

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