Hooper says value-add assets provide opportunities to invest in noncore and less expensive properties.PORTLAND, OR—A recent survey revealed that 80% of respondents are planning to invest in value-add real estate as part of wealth-management strategies. RealCrowd recently completed the online survey of high net-worth investors.
The survey indicated these investors are also focusing increasingly more on secondary and tertiary markets to source these deals, and are relying heavily on direct online real estate platforms to do so. GlobeSt.com spoke with Adam Hooper, co-founder and CEO of RealCrowd, about his insights into the survey's most interesting tidbits.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
