Real Estate Equities’ Post

Excited to announce that on June 25th, Real Estate Equities closed on phase two of Decatur Landing, our latest affordable housing project in Brooklyn Park, MN! This follows the closing of the first phase in December 2023, marking significant progress in the development of this essential housing initiative Phase two introduces 175 new residences with one, two, and three-bedroom floor plans, offering affordable housing options at 30%, 60%, and 70% AMI. Residents will enjoy amenities such as a clubroom, fitness center, playground, and dog run. Construction for phase two is scheduled to begin in early July, with plans to welcome residents by December, 2025. Upon completion of both phases, the project will add a total of 350 apartment homes to the Brooklyn Park area, significantly advancing efforts to provide affordable, quality housing. DecaturLandingMN.com

Recently, our leadership team toured our properties in Arizona: Copa Flats in Maricopa and Agave House in Casa Grande. Copa Flats was a big accomplishment for Real Estate Equities as it was our first development and successful lease-up in Arizona. This visit provided valuable opportunities for our leaders to connect with our team on the ground, gain insights into our operations, and engage with our employees firsthand. We extend our gratitude to the Copa Flats Team who played a big part in the success of the lease-up and look forward to opening our doors at Agave House in August 2024.

We are excited to announce that our newest affordable housing project, Agave House, is now leasing! Located in sunny Casa Grande, AZ Agave House is comprised of 216 units where residents can choose from an array of 1, 2, 3, and 4 bedroom affordable apartments. With move-in dates anticipated for August 2024, the community will soon be able to enjoy this brand-new community. A huge thank you to everyone who contributed to this achievement. Together, we continue to provide housing, build communities, and enhance lives.  AgaveHouseAZ.com

Our partnership with Esusu keeps delivering! 3,757 residents are now reporting positive rental payment histories while 67% have increased their credit scores by an average of 38 points. Notably, 9% have transitioned from subprime to prime credit, reducing borrowing costs for our residents. We are excited to continue empowering financial futures with Esusu!

We’re #hiring a new Vice President Operations in Greater Minneapolis-St. Paul Area. Apply today or share this post with your network.

Today, we're excited to highlight Vista Point, our affordable housing community located in the heart of Mahtomedi, MN. Committed to providing comfortable and quality living spaces at accessible rates, Vista Point aims to offer a welcoming environment for individuals and families seeking affordable housing options. To learn more about this community, please visit VistaPointMN.com

Exciting news! Our latest affordable housing project, The Landing at Amber Fields, is making great strides in Rosemount, MN. With leasing set to begin in September of 2024, we're proud to soon offer affordable 1, 2, and 3 bedroom housing options to the Rosemount community. Check out our latest interior renderings and join us as we embark on this journey to provide quality living spaces for all. 

We’re #hiring a new Leasing Agent Sign-On Bonus $1000 in St Paul, Minnesota. Apply today or share this post with your network.

We're thrilled to share the exciting highlights from Real Estate Equities' Awards Ceremony held this past Friday! It was an afternoon filled with celebration, recognition, and inspiration as we honored the outstanding achievements and dedication of our talented team members. Please join us in congratulating the exceptional individuals who went above and beyond, embodying our core values and driving excellence in every aspect of their work. Employee of the Year Awards: -Corporate Employee of the Year: Brad Groebe -Site Employee of the Year: Lucinda Gavere Leadership Team Awards 2023: -Ownership: Stephanie Ray-O'Neal -Right Attitude: Fartun Nur -Knowledge: Cambrell Turner -Integrity: Angelina Martinez REE Mission Award 2023: -Maureen Wilmet, Leah Olson, Marisela Duarte, Kelly Schaum, and Emily Linbo Additional Awards: -Support Person of the Year: Amy Keller -Rookie of the Year: Christian Rosado -Leasing Person of the Year: Fausto Teutla -Property Manager of the Year: Jennifer Hamsley -Caretaker of the Year: Olga Perez -Maintenance Person of the Year: Hannah Ashwill -Customer Service Award: Lisa Mascia -Property of the Year: Crosby Pointe Each winner exemplifies the commitment to excellence that defines Real Estate Equities. Their contributions play a pivotal role in our continued success and growth. Let's continue to celebrate their achievements and inspire each other to reach even greater heights!