Financial services company offers multi-property portfolios

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In what it says is a financial planning first, a wealth management firm will offer multi-property residential portfolios via a fractional investment platform.

Financial services company Spring Financial said it has partnered with DomaCom to offer the portfolios via DomaCom's fractional investment platform. The multi-property portfolios are available for as little as $10,000, giving investors exposure to up to five properties in different geographic locations.

DomaCom said the strategy allowed investors to diversify their portfolios, while alleviating the concern of using large amounts of debt.

“Our recently developed multi-property book build functionality allows financial advisers to offer a direct property solution to their clients with immediate diversification across multiple properties, developers and locations” DomaCom CEO Arthur Naoumidis said.