If a sponsor wants to secure programmatic funding, it needs to invest in the technology to attract investors.

Then it needs to tell potential investors about those investments.

"I think people need to talk about how they're using technology to deal with everything from investor relations to their accounting systems to rent collection to customer interaction," says Peter Houghton, managing director of Dekel Capital. "If you don't show that you have technology expertise, you're lagging in the space."

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Leslie Shaver

Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.