REEP Equity March Newsletter
REEP Equity
Vertically integrated Multifamily investment company. Bought, sold, and managed over $750M of Multifamily assets.
The start of 2023 has been nothing short of amazing for us here at REEP, and we’re thrilled to share some updates with you. As always, we appreciate the opportunity to connect with you and keep you in the loop.
First and foremost, we’re excited to announce our upcoming event, The People’s Investor Experience! Join us in our hometown of San Antonio, TX from May 19th-21st for a weekend of learning about passive investing and generating passive income from industry experts. Read more about the event below!
We are also thrilled to share our latest investment opportunity in Austin, which is off to a great start! We’re committed to keeping the momentum going and exploring new opportunities to help our investors achieve their financial goals.
Thank you for your continued support!
The People Investor Experience
We’re delighted to announce that The People’s Investor Experience, our exclusive conference, will be held at the beautiful Briscoe Museum in downtown San Antonio. Immerse yourself in the city’s rich culture while you learn from industry experts on passive investing and generating passive income. And for our VIP guests, we’ve arranged a special evening at the Alamo, complete with a private museum tour and a unique living history experience. Don’t miss out on this opportunity to enhance your financial knowledge and indulge in San Antonio’s historical charm. Join us at The People’s Investor Experience from May 19-21, 2023!
Here are the details of the weekend:
FRIDAY, May 19TH:
Pre-event Happy Hour at the McNutt Sculpture Garden at the Briscoe Southwestern Art Museum (VIP Only)
SATURDAY, May 20TH:
Event at the Jack Guenther Pavilion at the Briscoe Museum
Breakfast and Lunch Networking Session
Gala at the Alamo (VIP Only)
SUNDAY, May 21ST:
Bus Tour of three of the San Antonio properties and the REEP Headquarter building (RSVP Required to reserve seat)
Get your tickets here!
Next Investment Opportunity is Here!
We’re thrilled to announce The Violet, our newest investment opportunity in Austin! Details about this exciting venture have been sent out to our Investor Network, which is a separate email list from our newsletter subscribers. If you’re interested in learning more, please reach out to us at?[email protected]. And if you’re unsure which email lists you’re currently subscribed to, please contact us at?[email protected]?for verification. Thank you for your continued support!
Team REEP Company Meeting
We’re excited to share that we recently held our annual company meeting, which brought together both REEP Equity and REEP Residential under one roof. This meeting provided a valuable opportunity for our leadership team to share our achievements in 2022, as well as our goals for 2023.
By bringing both sides of our business together, we were able to showcase just how integrated we are as a company. It’s important to us that every team member understands the crucial role they play in our success, and this meeting highlighted just that. From our newest hires to our most tenured employees, everyone had a chance to hear about the progress we’ve made over the past year and the exciting plans we have in store for the future.
At REEP, we believe that open communication and collaboration are key to achieving our goals, and this annual meeting was a prime example of that. We look forward to continuing to work together as one cohesive team to make 2023 our best year yet.
CapEx Improvements
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We’re committed to providing our tenants with the best possible experience, and we believe that updates to the properties will go a long way in achieving that goal. We’re always excited to share updates and transformations with you.
?We’re excited to share exciting updates on Seville, which was acquired by our company in August 2022. As part of our business plan, we knew that we wanted to refresh the property’s clubhouse, and we’re thrilled to announce that the project is now complete.
?The updated clubhouse features new flooring, a fresh coat of paint, and updated furniture to create a modern and inviting space. We’ve also reconfigured the layout to better accommodate both our staff and our tenants, ensuring that everyone has the space they need to work and relax.
Transforming Ellis at Champions – Our team hit the ground running in December 2022 when we acquired this multifamily gem in Houston, Texas!
Our business plan included a major upgrade to community amenities – starting with a brand-new pergola! On day 1 we poured the concrete slab and completed the beautiful new addition in just 4 days. Providing top-notch amenities like this not only adds value to the community but also gives tenants a fantastic space to enjoy.
Tim Ellis Named VP of Acquisitions, Asset Management, & Development
We are excited to announce the promotion of Tim Ellis to Vice President of Acquisitions, Asset Management, and Development. In his new role, Tim will oversee three departments playing an integral part in REEP’s expansion and in the professional development of these teams.
“It has been tremendous growing with team REEP over the past three years and in my new role as VP, I look forward to expanding ventures for all of us here at REEP. I am extremely honored for the promotion and appreciate Arleen, Jacob, and all of the REEP team. 2023 will be an incredible year for all of us,” said Tim Ellis.
Heather Perez Promoted To Transaction Manager
Join us in congratulating Heather Perez on her well-deserved promotion to Transactions Manager! Heather joined REEP in June 2021 as an Executive Assistant and quickly moved up to Transactions Coordinator by May 2022. Her meticulous attention to detail and efficiency have led to successful closings on ten acquisitions, two dispositions, and one refinance.
Heather’s new role will be crucial in ensuring REEP’s continued growth and success, as she works closely with the Acquisitions and Development teams to facilitate timely and accurate closings. Her unwavering commitment, integrity, and effective communication make her an invaluable member of our team.
Welcome our latest hires as we continue to grow!
At REEP, growth is at the heart of everything we do, and we’re excited to announce that our team is expanding! Last month, we welcomed Yvonne and Keir to our team, and we couldn’t be more thrilled to have them onboard. We can’t wait to see all the great things they’ll accomplish.
?We’re always on the lookout for top talent to join us and share their expertise with our team. To that end, we’ve recently updated our Careers Page to showcase all the amazing benefits of working at REEP, as well as reviews left by some of our talented team members. If you’re looking to take your career to the next level, we encourage you to take a look at our job listings and consider joining our dream team. Check out our Career Page!
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Real estate, especially multifamily real estate, continues to be an attractive and dependable investment. The market news continues to show that housing shortages and the population growth for the Texas Triangle have positioned the portfolio and future investments for great success. We are proud of our properties and value the trust you have put in us to bring this vision to life. We look forward to continuing this progress and furthering our relationship with you.??
Want to know more about us? Drop a line here:?Contact Us?& we would be happy to reach out to you. :)
See you next month!
In the meantime connect with Jacob Garza, Sr. & Arleen Garza (CAM, CAPS)
This newsletter is going out to our LinkedIn network and via our email network.