“We’ve been hallucinating as a country for a long time,” said Williams, the 32-year-old African American founder of Cadre, a startup disrupting the real estate industry with the support of elite investors including George Soros, Mark Cuban and Peter Thiel.
Despite the controversy over the Trump administration’s handling of the race crisis, Williams indicated he isn’t concerned about his company’s ties to Kushner, a senior White House adviser.
Williams got his feet wet in the real estate market during the Great Recession.
“The commercial real estate markets are pretty much frozen right now,” Williams said.
Although Williams is still “hunkered down in the city,” he believes that the pandemic will set off a migration to the suburbs by young people who suddenly value space.