Asset Warehousing

Bringing commercial real estate assets on-chain

Getting real-estate assets on-chain begins with asset warehousing. Asset warehousing is an innovative business process and technology solution which enables asset owners to use their real estate as collateral in order to access financing on Prestio and move away from traditional banking.

Asset warehousing allows us to rethink how transparency can be built around asset onboarding, how asset valuation can be configured in a systematic and predictable manner, and how principal and interest payments can be secured to protect lenders.

One of our core objectives is to offer asset owners a financing solution designed to enable them to succeed in terms of both access to financing and the ability to repay it. By limiting loan facilities to 50% of the collateral’s replacement value, we prevent both over-borrowing and over-collateralization for lenders. By maintaining interest and liability reserves, we are able to both manage potential liabilities and also secure interest payments for lenders.

Many asset-owners, especially within the hospitality industry, who inspired us to create Prestio, are being forced into CeFi financing options designed to exploit their struggle with the Covid-19 pandemic. The interest payments are designed to exploit the lack of cash flow leading to fines, surcharges, and ultimately asset foreclosures. Presto's asset warehousing offers asset owners struggling from Covid access to financing, where liabilities and interest payments are secured and do not exploit their current struggles. This gives them the breathing room and help they need. Bringing in new financing solutions that support asset owners rather than exploit their struggles is how we beat CeFi and unbank real-estate financing.

Asset Warehousing is Prestio’s solution to repurpose the highly capitalized, early-stage DeFi market into an alternative financing solution for real estate asset owners. This solution allows asset owners access to non-bank options to meet their financing requirements through Prestio, effectively unbanking the real-estate finance industry.