Sponsors with similar asset classes
Details
Verified Investor
4.00
"My first LP investment"
This was my first LP investment so I was going in a bit blind but Holdfolio was referred by a trusted source so I went for it. It is a self storage development investment. They send out quarterly updates but as of now the project is 6 months behind. In their most recent update, they shared that there was a redesign that will yield an additional 22k net rentable sq ft... so overall I am hopeful but would not be comfortable investing with them again until this project is completely successfully.
Verified Investor
3.00
"Investor in Two Projects"
Invested in two projects with Holdfolio. I believe both investments will be successful, but there have been some issues: One new build storage project was supposed to take 10 months for construction. Two years later and construction has NOT BEGUN! If I had more money invested, I'd be throwing a fit lol. The only explanation is that interest rates are unexpectedly high. The folks that work at holdfolio are often clueless. They feel like fundraisers right out of college who have never owned real estate themselves. I will say, they are nice and not overly pushy, which is a big positive for me. But, clueless when it actually comes to real estate. I invested with them because I connected directly with the operators. The second project is performing and cash flowing somewhat under expectations, but is otherwise a solid stabilized investment.