Juniper Square’s recent survey was conducted of senior executives of commercial real estate investment management firms, and provided data on data on hiring plans, outsourcing, fundraising performance, acquisitions pipeline, and technology investments.
I like how the research validates the assertion that investing in technology increases business outcomes:
One-third of respondents are on track to spend more on software this year than last. These technology adopters are outperforming those who are spending the same or less on software this year.
Sponsors who report increasing their investments in technology are more than twice as likely to be on track to raise more capital this year versus last (67% vs 31%)
Sponsors who report increasing their investments in technology are more likely to be on track to do more acquisitions this year (as measured in dollars) versus last (53% vs 31%) – something many investment managers are struggling with