“We needed a CRM tool, a better workflow, and a place to store documentation,” explained Watermark Head of Investor Relations Tom Carroll. “We’d been using DocuSign, and it was very manual. As importantly, we needed a better way to communicate with investors by email. We started with a list of 100 people, but it grew so quickly, I began getting dinged by Google for spamming. It just was not viable.”
The challenge for SmartCap was two-fold. First, the company needed an Investment Management solution that met their high technical standards. The solution also had to provide their investors with the functionality they knew was crucial based on their own experience as investors.
A legacy solution of adding static PDF documents to a ShareFile folder didn’t offer up-to-the-minute data for investors on-demand. It also required manual effort for WWG. The company began seeking a centralized back-office administrative console to manage all of its investor and offering activities.
With tax season quickly approaching, the annual task of preparing and distributing more than 500 K1 statements
to active investors was imminent. Rather than spend another season burning the midnight oil stuffing envelopes,
the Encore Investors Relations team envisioned a more automated approach to communicating with investors and
distributing the documents.
Denholtz Associates operates a diverse portfolio of office and industrial properties encompassing 30
properties across five states, more than 700 tenants, and almost 5 million square feet total. Since its inception
in 1954, Denholtz Associates has grown into a highly experienced developer and a prolific real estate
syndicator, maintaining an active high-net-worth investor network of over 500 investors.
With more than 45 years of combined real estate investment, finance and management experience at large firms, David Lesser and Patrick Haynes set out to build a their own brand, leveraging existing untapped opportunities in the hospitality sector. Typically, new ventures pursuing smaller investment deals in smaller markets, are challenged to engage large financiers and give up a significant portion of ownership in exchange for investment.
Guerrilla Development is a real estate company focused on creating inventive and experimental commercial real estate projects. Guerrilla came to CrowdStreet in 2016 while planning … Continued
Vesta Hospitality, established in 1996, is a respected hospitality industry leader offering a complete range of services including management, development and acquisitions. They came to … Continued
Mainstreet Chief Operating Officer Scott White shares his experience using the CrowdStreet crowdfunding platform to raise over $1.6 million toward the development of Mainstreet Bloomington, … Continued