Case studies / Duke Properties

114 people repliedin 4 months
Buildwise helps Duke reach LP and co-GP equity investors. We find firms that put equity into other owners’ New York multifamily deals and the people who decide, and run the outreach from the Duke team’s own accounts.
Buildwise solutions

Albert DweckFounder and CEO, Duke PropertiesOutreach results · June to September
- 610people reached on LinkedIn
- 182new connections
- 114people replied
- 26warm leads
Challenge
Reaching LP and co-GP investors beyond Duke’s own network
Duke worked mostly with its existing investors and the team’s own network. To reach more, Duke paid an appointment-setting service. It booked calls with the Duke team, but the people weren’t qualified, and many didn’t show up.
“They’re booking time in my calendar, but they’re really not qualified.”
Solution
Investor outreach from the Duke team’s own accounts
It runs on engines Buildwise built that find market signals and keep enriching the data.
Example: a real estate investment firm in New York
We look for family offices, real estate investment firms and capital advisers with a New York area multifamily deal on record.
Fenwick Row Capital co-invests in a $28M Brooklyn multifamily purchase
96 apartments · Crown Heights, Brooklyn · equity partner to a local owner
Selected for research: a New York multifamily deal with an outside equity partner
$900M office tower sale · Midtown Manhattan
Excluded: not multifamily
We connect each deal to the firm behind it and read the firm’s website: how it invests, and in what.
↓ Matched through state business records and the announcement
- Invests as
- LP and co-GP
- Focus
- New York and New Jersey multifamily
- Deals
- Four co-investments in 3 years
We check each firm against Duke’s two tests: it invests in other owners’ deals as an LP, co-GP or joint-venture partner, not only in its own buildings, and it has done New York area multifamily.
Matches Duke’s target
We find the people who decide where the money goes: founders, partners and heads of investments. We check their current company, role and LinkedIn activity.
Fenwick Row Capital · people
Rachel Stern Partner, decides on new investments
Selected for outreachCurrent company ✓ Role ✓ Active on LinkedIn ✓Tom Alvarez Asset manager
Excluded: runs the buildings, not the investmentsEvery message is in the Duke team’s own words, taken from its own drafts, and Duke approves the messaging.
From the Duke team’s LinkedIn · to Rachel Stern
- Hi Rachel, saw Fenwick Row came in as equity partner on the 96-unit Crown Heights purchase - congrats. We own and operate multifamily buildings across New York City and work with LP and co-GP partners on our deals. Open to a quick call to compare notes on New York multifamily?
Each person gets a connection request and up to three messages from the Duke team’s LinkedIn, and where there is a verified email, two emails from the team’s own mailbox first. Follow-ups stop when someone replies.
- LinkedIn 3 messages
- Email 2 emails from the team’s mailbox
- Connected
- Message 1
- Message 2
- Message 3
Reply received after message 2
Message 3 not sent: follow-ups stop on a reply
Sent from the Duke team’s LinkedIn. Run by Buildwise.
The Duke team answers the replies and sets up the calls. Once a week, Duke and Buildwise go through the numbers together.
Reply on the Duke team’s LinkedIn · Rachel Stern

Handoff to the Duke team
- Contact
- Rachel Stern, Partner, Fenwick Row Capital
- Interest
- Deploying as an LP in New York multifamily
- Next step
- Call with the Duke team
“What you’re doing is finding people that have just closed deals ... sending them a great attention getter, connecting ... it’s a much different experience.”
Results
Most replies came in July and August.
People reached on LinkedIn each week
How the engagement grew
How the engagement grew
- JuneDuke and Buildwise set the target investors, and LinkedIn outreach starts
- JulyEmail from the team’s own mailbox, and messages to its existing LinkedIn connections
- Late JulyDuke’s own contact lists join the outreach
- AugustA second list of firms is added
More case studies
- Swifte Capital$10M+ in loan opportunities in 3 weeksRead the case study
- KPM Financial70 people at real estate firms replied in 1 monthRead the case study
- $1B+ CRE advisory firm42 calls booked with real estate developers in 1 monthRead the case study
- 45 developer calls in 2 monthsRead the case study
- Buildwise · our own outreach60+ sales calls in 7 monthsRead the case study
Let’s plan your outreach.
Get a written outreach plan, or register and we’ll be in touch.

