UD+P is a vertically-integrated sponsorIn commercial real estate, the sponsor is an individual or company in charge of finding, acquiring and managing the real estate property on behalf of the partnership. The sponsor is usually expected to invest anywhere from 5-20% of the total required equity capital. They are then responsible for raising the remaining funds and acquiring and managing the investment property’s day-to-day... More specializing in renovation and new construction in urban settings with a goal of enhancing the unique characteristics of each neighborhood and community. UD+P came to CrowdStreet looking to modernize their existing capital formation and investor management processes. CrowdStreet Sponsor Direct provided UDP with a secure online portal featuring a transaction center, investor reporting and communication tools which significantly streamlined their investor management process. UD+P’s Investor Communications Manager, Tina McNearthney explains the positive impact this has had on their investor management and overall investor satisfaction.
