Drew Sterrett

Savvy investors understand that the key to any financial portfolio is diversification.  Commercial real estate has outperformed the S&P500 over the last 20 years without a strong correlation to stocks and bonds. Yet most investors are not able to access institutional-quality real estate and this asset class tends to offer very little liquidity, requiring capital to be committed for several years. LEX Markets is a real estate securities marketplace that turns individual buildings into public stocks traded on its market. Investors, non-accredited and accredited alike, can instantly buy and sell shares in buildings that are listed on the marketplace commission-free and are entitled to income distributions and proceeds from any liquidity events. For property owners, listing buildings on Lex means gaining access to new pools of capital while still maintaining operational control of properties.  The marketplace is built on top of the Nasdaq Marketplace Services Platform, giving owners and investors the security of one of the largest trade execution infrastructures in the world.  Lex launched in the fall of last year with a 10,000-investor waitlist. AlleyWatch caught up with LEX Markets Co- CEO and Co-Founder Drew Sterrett to learn more about how Lex makes commercial real estate investment accessible, the company’s strategic plans, latest round of funding, which brings the total funding raised to $27.5M, and much, much more…