OVERVIEW OF 2020 BRECKENRIDGE EVENT
The Family Office Real Estate Consortium in Breckenridge, Colorado, brought together distinguished family offices focused on real estate investment. This overview highlights key aspects of the event, including attendance, classification of attendees, and the exclusion of a family office representative.
1. Attendance: 29 family offices initially showed interest, but after a stringent screening process, seven were excluded for not meeting the criteria of a genuine family office.
2. Classification of Attendees: Participants were classified based on investment strategies and their active interest in identifying and evaluating potential deals.
3. Exclusion of a Family Office Representative: One family office representative was not invited back due to their focus on fundraising for their own deals instead of actively considering investment opportunities.
Conclusion: The Family Office Real Estate Consortium in Breckenridge, Colorado, facilitated meaningful discussions among distinguished family offices. The event maintained its focus on genuine investment considerations through rigorous screening, targeted classifications, and the exclusion of a representative with misaligned priorities.
Prior to the consortium event, the family offices that were planning to attend underwent a questionnaire to determine their eligibility for participation. The questionnaire encompassed the following inquiries:
The specific categories of properties they were interested in investing in.
The average amount they usually invested per transaction.
The proportion of their investments, or their desired investments, in opportunity zones.
The percentage of their interest in 1031 exchanges.
Queries regarding the demand for income-generating properties.
Inquiries concerning the demand for value-add and development opportunities.
PRE-EVENT SURVEY | TAX STRATEGIES
PRE-EVENT SURVEY | INCOME PRODUCING
PRE-EVENT SURVEY | VALUE ADD/DEVELOPMENT
POST EVENT SURVEY | INTEREST IN INVESTING WITH SPONSORS
Workforce Housing Sponsor
Multifamily Sponsor (1)
Multifamily Sponsor (2)
Opportunity Zone Sponsor
POST EVENT SURVEY | FAMILY OFFICE EXIT ANSWERS
Part of the survey included a rating system on a scale of 1 to 5, where 1 represented the highest level of satisfaction. Participants were asked to evaluate key aspects of the conference, including the quality of the event, the presence of distinguished family offices, and the expertise of the featured speakers at the consortium.
PLEASE RANK THE QUALITY OF THE CONFERENCE
WHAT DID YOU THINK ABOUT THE QUALITY OF THE FAMILY OFFICES?
WHAT WERE YOUR THOUGHTS ON THE SPEAKERS
As part of the survey, participants were also asked to provide feedback on their interest in attending a future consortium. They were asked to indicate the percentage of family offices that would be interested in attending again, their willingness to refer other families to the event, and the number of family offices considering becoming members of the consortium.
WOULD YOU BE INTERESTED IN ATTENDING A FUTURE EVENT?
WOULD YOU REFER THIS EVENT TO OTHER FAMILY OFFICES?
WOULD YOU BE INTERESTED IN BEING A MEMBER OF THE CONSORTIUM?
POST EVENT SURVEY | SPONSOR OFFICE EXIT ANSWERS
Upon the conclusion of the event, we conducted a post-event survey with the sponsors to gather their feedback. The survey incorporated a rating system on a scale of 1 to 5, with 1 representing the highest level of satisfaction. Sponsors were invited to evaluate critical aspects of the conference, such as the overall quality of the event, the presence of distinguished family offices, and their likelihood of considering sponsorship again in the future. Here are the results of the survey:
PLEASE RANK THE QUALITY OF THE CONFERENCE
WOULD YOU CONSIDER SPONSORING AGAIN?
WHAT DID YOU THINK ABOUT THE QUALITY OF THE FAMILY OFFICES
DO YOU FEEL THAT IT WAS WORTH ATTENDING?
HOW WOULD YOU RANK THE CONFERENCE?
"Really strong content and a group of participants. Very action-oriented and informative with practical information and really top-notch advisors/presenters. Great community feel that you've developed with the investor group. A great base to build on going forward. Thanks for having us!"
"Great content, and from what I heard, it was universally agreed to be the right size so that everyone could get to know each other better."
"The organization and technical presentations were quite good. I liked the rooms, resort location and conference facilities."
"It was the perfect size and length to get acquainted with all of the attendees."
"Great pre-screening of sponsors and families. The size allowed for meaningful conversations during the event, breaks, and dinner."