Gates Group is a Japanese real estate company that buys and sells used condominiums, primarily in the Tokyo metropolitan area, targeting individual and institutional investors seeking income-producing properties. The core business is a buy-and-sell model: Gates Group uses a proprietary database of roughly 700,000 properties and a predictive algorithm to identify motivated sellers, acquires properties at below-market prices, and resells them — typically within a week — to real estate companies (about 70% of volume) or individual investors (about 30%). Sales of real estate properties account for roughly 96% of revenue. Gates Group argues it is differentiated by handling transactions in-house, eliminating the multi-step intermediary chain common in Japan, and by maintaining financial institution relationships that allow buyers to obtain purchase financing — something most pure acquisition firms cannot offer. The company also acquires distressed properties through voluntary sales, renovates them, and resells them. Smaller business lines include solar power generation facility sales (a newer, similar buy-and-sell model), property management, brokerage, and a real estate crowdfunding platform called GATES FUNDING. The business is capital-intensive: Gates Group funds inventory purchases with bank loans and high-yield private bonds, creating meaningful interest expense. Growth initiatives include expanding to the U.S. market via a Texas subsidiary, building a direct-transaction auction platform called SELLI, and shifting the sales mix toward higher-margin direct sales to individual investors.