If a new survey is an accurate barometer, two words—modernization and multifamily—sum up the key issues weighing on the minds of high-net-worth (HNW) individuals and other property investors.
The survey, conducted in April by AppFolio, a Goleta, Calif.-based provider of real estate and investment management software, showed that the No. 1 challenge facing accredited property investors is finding a good investment manager to handle fund and syndicate allocations.
And it’s not that these investors are laboring to find an investment management firm that’s good at what it does. It’s more about working with an investment manager that fully embraces technology. In other words, they’re seeking an investment manager that’s up-to-date rather than old-school.
Suraj Shrestha is an associate at Harborside Partners. He has been taking the lead role on research projects; to develop and implement online marketing strategies for search engine optimization and social media marketing. He is one of the core parts for helping to grow business revenue and the company’s online presence.