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REEP February Newsletter

Thank you for joining us as we update you on everything going on behind the scenes. REEP is on the cusp of celebrating 10 years in business. This tenure has allowed our teams to have time to grow, mature, and be ready to react quickly to the changes we are seeing in the Multifamily Industry. The Texas Triangle is seeing explosive population and job growth. Preparing to respond to this growth, this month REEP held a management retreat to implement new processes and streamline our existing structure. Now our senior leaders are making these improvements throughout the organization.


We know that each of you are excited to hear about all of the investment opportunities coming in the months ahead. We want to assure you that well before we take on these properties, we are continuously improving our processes to ensure the same level of performance regardless of how quickly we grow. With our new 2022 strategic planning in place, we are ready to take on all of the exciting opportunities this year will bring.

We have several new opportunities coming very soon and we look forward to telling you about them on our upcoming webinars. Please watch your emails for more details.

Thank you for being a part of our extended family and we hope you find these company updates helpful. We value you and your continued trust in us.

Sincerely, 

Jacob and Arleen Garza

It’s Official – Arleen Garza is now on the board of the San Antonio Apartment Association!

The REEP team was honored to attend the SAAA Gala. It was exciting to see our team members recognized for their hard work and accomplishments.

In addition to Arleen’s addition to the board, our San Antonio Regional Manager, Chris Singleterry, was a finalist for Regional of the Year. For Property Manager of the Year, Dalilah Cortez of Knoll Crest Apartments was nominated. We are very proud of Chis and Dalilah –  they are winners in our eyes!

One of our greatest strengths is our vertical integration. We hope you enjoy learning more about what is going on behind the scenes and join us in congratulating January’s top performers.   

OCCUPANCY

Across the portfolio, we ended January with an average occupancy of 95.4%! The competition for the top Five was fierce with Chartwell Court, Flint at 290, Knoll Crest, The Camaron, and Stratton Park taking the top spots.

Waterford Park

98.4% Occupancy

97.4% Occupancy

97.6% Occupancy

98%
Occupancy

97% Occupancy

HIGHEST GOOGLE REVIEWS – 4.1

Candleridge Park
The Hamilton

HIGHEST MAINTENANCE SATISFACTION SCORE AVERAGE – 10 out of 10

Candleridge Park
The Hamilton

 

2022 Investment Opportunities are around the corner!

These opportunities are announced exclusively to our Investor Network email list. If you are not sure if you are on this exclusive list, please email us and we can confirm your subscription. 

With each new opportunity, we will walk through what makes the property unique and our improvement strategy for how we will impact the bottom line. You will find this information through the property’s executive summary and in the webinar. If you have any questions or would like to join our investor network, please click on these links.

 

Thank you for being part of the REEP Network!

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!

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