“Crowdfunding recognizes the fundamental changes brought on bytechnology—how people research, evaluate and act via onlinetools—which connects firms with investors.” Those thoughts areaccording to Karlin Conklin, a principal and the executive vicepresident, private equity, of Investors Management Group Inc.,located in Woodland Hill, CA. Conklin leads IMG's client relationsand equity raising efforts for the acquisition of multifamilyproperties across the country and spoke with GlobeSt.com recentlyabout all things crowdfunding.
GlobeSt.com: Some comments we have heard over thepast year is that crowdfunding for real estate is just another fad.What do you say to that and how did this form of investing becomeso prominent?
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