Folio Strategy Partners

Real Estate Investment Advisory

We advise institutional real estate investment managers on portfolio strategy, capital allocation, and operational execution — bridging investment decision-making with property-level value creation.

New York City

About the Firm

Folio Strategy Partners is a boutique advisory firm serving real estate investment managers, owner-operators, and institutional allocators. We specialize in connecting investment strategy with operational execution — helping clients identify where value is created or destroyed at the property level, and translating those insights into portfolio-level decisions.

Our work spans portfolio construction, capital allocation, asset management strategy, and data-driven investment analysis. We bring an institutional investment perspective refined over nearly two decades of direct portfolio management, underwriting, and operational leadership across multifamily and commercial real estate.

Advisory Services

Portfolio Strategy & Construction

Strategic portfolio reviews, capital allocation frameworks, and business plan development for real estate investment managers deploying across risk-return profiles.

Investment Analysis & Underwriting Support

Data-driven investment analysis incorporating alternative data sources — including operational performance indicators, migration patterns, and submarket-level demand signals — to sharpen acquisition underwriting.

Asset Management & Operational Performance

Operational diagnostics identifying NOI improvement opportunities across multifamily portfolios. KPI frameworks linking property-level metrics to fund-level returns.

Data & Analytics Integration

Advising investment teams on incorporating quantitative tools, analytics workflows, and structured data into existing investment processes — without disrupting what already works.

Principal

Donal Warde, Principal

Donal Warde

Founder & Principal

Donal Warde is the founder and principal of Folio Strategy Partners. He brings nearly two decades of experience in institutional real estate investment, portfolio management, and operational leadership.

Prior to founding Folio Strategy Partners, Donal served as Vice President of Portfolio Management at HQ Capital Real Estate (now CP Capital), an $11 billion AUM private equity real estate platform, where he managed $2.4 billion in core-plus and opportunistic multifamily portfolios and held voting rights on an affiliate Investment Committee. Over nine years at the firm, he underwrote, closed, and asset managed 13 acquisitions and development projects across the U.S. with total capitalization of $1.7 billion.

Donal subsequently held executive operating roles across the real estate technology ecosystem — leading ventures inside a $10B owner-operator's portfolio, directing a national PropTech venture studio, and advising on asset management strategy for multifamily portfolios in the Southeast. This operational depth informs his advisory work, bringing a property-level perspective that complements institutional investment analysis.

Donal holds an MBA from Columbia Business School, where he was a Private Equity Fellow, and a Masters in Finance from the International University of Monaco. He has completed advanced coursework in artificial intelligence applications in real estate at Columbia Engineering and data analytics at Noble Desktop. He serves as a board member of the Real Estate Network of the Columbia Alumni Association (RENCAA).

Columbia Business School, MBA Private Equity Fellow IC Voting Member (HQ Capital / CP Capital) RENCAA Board Member AFIRE Research Contributor Trilingual: English, French, Spanish

Research & Publications

Using Data Science to Predict Migration Trends

Summit Journal, AFIRE (Association of Foreign Investors in Real Estate) — Issue 12, July 2023

County-level migration analysis linking demographic shifts to multifamily real estate performance across 630 U.S. counties. Introduces a novel index for data-driven submarket selection.

Co-authors: Ron Bekkerman, Maxime C. Cohen

The Underperformance Paradox: Why Individual Investors Fall Behind Despite Buying Low

Summit Journal, AFIRE — Issue 13, September 2023

Analysis of 22 years of multifamily transaction records revealing consistent underperformance by individual investors versus corporate counterparts, despite lower acquisition costs. Examines the role of scale, data access, and strategic asset management.

Co-authors: Ron Bekkerman, Maxime C. Cohen

Additional research and commentary forthcoming.

Contact

For advisory inquiries, please reach out directly.

Location New York City