Where Discipline Meets Development

Purpose-built, precisely executed, locally informed.

5%

Sponsor Minimum
Co-Investment

$0

Principal Lost

60+

Investors
Tresor High Yield Fund

High Expected ROI: Targeting 25% IRR, outperforming traditional investment options.

Proven Track Record: Investor returns consistently 15-25%, backed by disciplined risk management.

Multiple Exit Strategies:  Third party sale, sponsor buy-back, refinance, government program, etc.

Exclusive Investment Opportunities: Minimum investment of $100,000, structured for high-net-worth individuals.

Nurturing Real Estate Alpha

Tresor Group identifies real estate sectors shaped by shifting demand before they become mainstream. For investors, that means partnering with a team built to uncover opportunity early and deliver lasting value.

We’ve proven this time and again — delivering projects through market cycles, overcoming challenges without excuses, and executing with the consistency and conviction that investors can trust.

Introducing The Firm

Tresor Group (formerly Blacklist Capital) is a New York–based investment firm focused on acquiring, developing, and operating high-quality real estate that creates lasting value. We invest on behalf of individuals, families, and institutional partners seeking strategic exposure to real assets with a team that remains active on the ground while proving its ability to execute.

We invite you to partner with us in building what’s next — a portfolio of real assets designed to grow, perform, and endure across generations.

Our Story

Tresor Group was built on a simple belief: real value comes from real assets. Long before we expanded into larger multifamily development, the work started with a pair of boots on small job sites - finding overlooked parcels, managing trades directly, and learning firsthand how to build in some of the most complex markets in the country.

As the firm matured, so did our focus. We saw a widening gap between the housing people need and the supply available in downstate New York. Instead of chasing scale for its own sake, we concentrated on what we knew we could execute exceptionally well: disciplined, ground-up multifamily development backed by our local expertise, and willingness to solve the hard problems others avoid.

Over more than a decade, this approach shaped a platform that now spans acquisition, entitlements, design coordination, construction oversight, and long-term operations - all handled in-house. Tresor Group was built to operate with the accountability of an owner; co-investing our own capital into every deal we do.

A Message from the Founder

I began developing homes when I was 20 years old, investing everything I had (and more than I realistically should have) to make those first projects work. I spent my time on job sites, learning each trade, understanding the work, and taking responsibility for every decision. Those early projects taught me the value of discipline, precision, and showing up even when resources were limited.

As the work grew, so did the firm behind it. One project became several, and the scale increased gradually but deliberately. I brought on people who shared the same commitment to execution and built a network of consultants, lenders, and partners who saw consistency in our approach. The trust we developed became the foundation of what Tresor is today.

We now develop larger multifamily buildings across New York, but the mindset remains the same: stay close to the details, build responsibly, and remain fully accountable for the outcome. We invite you to learn more about our work and the opportunities we build. Thank you for taking the time to learn about our firm.

Fahad Rajput, Principal

About us

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Our mission

About Our Investors - Investor X Webflow Template

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The story behind our firm

2022

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2020

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2018

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Our mantra

01

Innovation

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Accountability

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Commitment

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Team work

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Execution

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Our offices

San Francisco

Address

2084 Hayes St, San Francisco, CA 94117
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New York

Address

21 Essex St, New York, NY 10002
About Our Offices - Investor X Webflow Template

San Francisco

Address

2084 Hayes St, San Francisco, CA 94117
About Offices - Investor X Webflow Template

New York

Address

21 Essex St, New York, NY 10002
About Our Offices - Investor X Webflow Template

San Francisco

Address

2084 Hayes St, San Francisco, CA 94117
About Offices - Investor X Webflow Template

New York

Address

21 Essex St, New York, NY 10002
About Our Offices - Investor X Webflow Template

San Francisco

Address

2084 Hayes St, San Francisco, CA 94117
About Offices - Investor X Webflow Template

New York

Address

21 Essex St, New York, NY 10002
About Our Offices - Investor X Webflow Template