CoStar News: BPN to Change Commercial Mortgage Investing
Florida Firm Aims to Change Commercial Mortgage Investing With a $24 Digital Token
BPN Capital Offers Loan on Miami Retail Property Through Digitization
A digital token is set to be tied to a 20,000-square-foot property spanning 851-881 S. Miami Ave. in Miami. (CoStar)
Commercial mortgages are on the verge of becoming a new frontier in the developing use of digital tokens, a technology-based way for small investors to own shares of big loans.
It’s been Ed Rodriguez’s goal since he founded BPN Capital Group in 2019. He’s spent the past two years assembling a network of lawyers, developers, brokers and securities professionals to help clear regulatory hurdles to offer what are essentially digital commercial mortgage-backed securities. And he plans to eventually offer digital property-backed securities.