Field
Aspen Digital — St. Regis Aspen ResortCommercial · Aspen, Colorado, United States
Blocksquare — European Commercial PropertyCommercial · Ljubljana region, Slovenia / EU
Disclosure completeness
76%
58%
Minimum investment
Historically ~$10,000 minimum in the offeringIssuer supplied
Varies by partner marketplace (often a few hundred EUR)Issuer supplied
What you own
Shares in a single-asset REIT that owns the resortPublic-record confirmed
Economic rights to a property via a notarised corporate resolution linking tokens to the SPVDocument supported
Ownership structure
Token → Aspen REIT, Inc. → the St. Regis Aspen ResortPublic-record confirmed
BSPT token → SPV owning the property → notarised resolutionDocument supported
Legal wrapper
US REIT (Reg D 506(c) offering)Public-record confirmed
Slovenian/EU SPV with a notarised link to the tokensIssuer supplied
Return source
Hotel operating income / potential REIT distributionsIssuer supplied
Net rental income from the commercial tenant(s)Issuer supplied
Target return
Not disclosed here — depends on hotel performanceUnverified
Advertised net yield varies by propertyIssuer supplied
Fees
Management and REIT-level fees applyIssuer supplied
Marketplace and management fees applyIssuer supplied
Debt
Property has carried mortgage debt historicallyIssuer supplied
Debt (if any) disclosed per property by the partnerUnverified
Who can invest
Accredited onlyPublic-record confirmed
Varies (retail on some EU marketplaces)Issuer supplied
Accepted jurisdictions
US accredited investors (Reg D 506(c))Public-record confirmed
Depends on the partner marketplace’s licence and termsIssuer supplied
Secondary market
Historically traded on a regulated ATS (tZERO)Issuer supplied
Oceanpoint / partner marketplace liquidity (variable)Onchain confirmed
Exit reality
Secondary volume has historically been limitedUnverified
Secondary liquidity is early-stage; do not assume a ready buyerIssuer supplied
Missing disclosures
- Current target return
- Current secondary-market venue & volume
- Current debt balance
- Per-property debt terms
- Marketplace-specific minimum and eligibility
- Lock-up terms
TokenCrib presents these two assets side by side for information only. We do not rank them, score which is “better”, or recommend either. This is not investment advice — always verify with the platform and your own advisers.