Briefing
Finance

Yieldstreet Nears a Deal to Buy Real Estate Tech Startup Cadre

By
Lauren Tara LaCapra
,
Kate Clark
and
Maria Heeter
· · Source: The Information

Asset manager Yieldstreet is near a deal to buy Cadre, a once-promising real estate investment firm whose value has fallen sharply in recent years, said people familiar with the situation. If the two sides finalize an agreement, it would be the latest sign that mergers and acquisitions activity among troubled startups is beginning to pick up as founders accept that valuations are not likely to...

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