Investorade Company Profile

Background

Overview

Investorade is a Dallas-based, family-owned real estate investment firm specializing in the acquisition and management of recreational vehicle (RV) parks and manufactured housing communities. Established with a mission to provide homeowners with efficient and fair property selling solutions, Investorade has expanded its focus to include real estate investments, emphasizing the RV park and manufactured housing sectors. The company combines the stability of real estate with the dynamic operational aspects of hospitality, aiming to create long-term value for all stakeholders involved.

Mission and Vision

Investorade's mission is to help homeowners sell their properties quickly and seamlessly, avoiding the stress and challenges associated with traditional home-selling processes. The company is dedicated to ending predatory wholesaling practices and providing fair market deals for sellers. Investorade envisions building better businesses, stronger communities, and a brighter future for investors and partners through strategic acquisitions and operational excellence.

Industry Significance

Investorade has facilitated the sale and acquisition of over $250 million in real estate, demonstrating its expertise in identifying and capitalizing on strategic opportunities within the RV park and manufactured housing sectors. The company's unique, hands-on approach to real estate investment has positioned it as a significant player in the industry, focusing on sustainable growth and ethical investments.

Key Strategic Focus

Core Objectives

• Strategic Acquisitions: Identifying and acquiring undervalued RV parks and manufactured housing communities to enhance operational efficiency and profitability.

• Operational Excellence: Implementing best practices in property management to improve guest experiences and employee satisfaction.

• Sustainable Growth: Focusing on long-term value creation for investors, employees, and the communities in which they operate.

Areas of Specialization

• RV Parks: Acquiring and managing full-hookup RV parks, primitive campgrounds, and mixed-use parks with residential or commercial zoning.

• Manufactured Housing Communities: Investing in communities that offer long-term and overnight stays, with a focus on properties with older or aging infrastructure.

Key Technologies Utilized

• Digital Marketing: Leveraging online marketing strategies to enhance the online presence of Investorade and its portfolio companies.

• Operational Management Systems: Implementing software solutions to streamline property management and improve operational efficiency.

Primary Markets Targeted

• Geographic Focus: Investorade purchases parks in all 50 states, with a particular emphasis on regions with high demand for RV parks and manufactured housing communities.

• Market Conditions: Targeting properties with potential for operational improvements and value enhancement, including those with deferred maintenance or underutilized assets.

Financials and Funding

Funding History

• Total Funds Raised: Investorade has raised over $70 million through its current funds, including the Investorade Capital Fund and the Investorade General RV Resort Fund.

• Committed Capital: The company has $50 million of committed capital, which it is currently investing in strategic acquisitions.

Recent Funding Rounds

• Investorade Capital Fund: A fund focused on acquiring and managing RV parks and manufactured housing communities.

• Investorade General RV Resort Fund: A fund dedicated to investing in RV resort properties across the United States.

Notable Investors

Specific details about individual investors are not publicly disclosed.

Utilization of Capital

The raised capital is primarily utilized for:

• Acquisitions: Purchasing undervalued RV parks and manufactured housing communities.

• Operational Improvements: Investing in property enhancements to increase value and guest satisfaction.

• Expansion: Expanding the portfolio to include a diverse range of properties across various states.

Pipeline Development

Key Pipeline Candidates

• Checotah/Lake Eufaula West KOA Holiday: Investorade acquired this KOA Holiday location in Oklahoma, with plans to enhance the camping experience for guests.

Stages of Development

• Acquisition: Identifying and acquiring properties with potential for operational improvements.

• Renovation and Enhancement: Implementing upgrades to facilities and services to attract more guests and increase revenue.

• Operational Optimization: Streamlining management practices to improve efficiency and profitability.

Target Conditions

• Underperforming Properties: Focusing on parks with deferred maintenance or underutilized assets.

• High-Demand Locations: Targeting areas with strong demand for RV parks and manufactured housing communities.

Anticipated Milestones

• Short-Term: Complete acquisition and initial renovations of targeted properties within 6-12 months.

• Medium-Term: Achieve operational stability and improved guest satisfaction within 12-24 months.

• Long-Term: Expand the portfolio to include additional properties and achieve sustained profitability within 24-36 months.

Technological Platform and Innovation

Proprietary Technologies

• Home Sale Calculator: A tool designed to help homeowners estimate the profit from the sale of their homes, providing clear and accurate data on potential earnings.

Significant Scientific Methods

• Market Data Research: Developing proprietary methods for collecting and analyzing real estate-related information to stay ahead in market trends and opportunities.

Leadership Team

Executive Profiles

• Blake DeWitt: CEO of Investorade. Blake is a seasoned entrepreneur with a strong foundation in real estate investment, direct marketing, and digital media. He holds a BS in Economics from TCU and has founded multiple successful ventures, including Investorade Homebuyers and Investorade Construction.

• Blaz Korosec: CFO of Investorade. Blaz is a licensed real estate broker with extensive expertise in finance, real estate, and business acquisitions. He graduated from SMU with degrees in Finance and Economics and co-founded Cosworth Capital. Blaz joined Investorade in 2017 and has been pivotal in shaping the company’s financial strategy.

• Kim Matthews: Senior Regional Manager at Investorade. Kim is responsible for overseeing the operations of multiple properties across the portfolio. She has a background in property management and has managed over 2,300 properties, gaining valuable experience in tenant relations and maintenance oversight.

• Zach Moore: Acquisitions and Investment Manager at Investorade. Zach specializes in real estate acquisitions and investment strategy, focusing on RV parks, mobile home communities, and hospitality properties. He began his career in sales and transitioned into real estate, showcasing his versatility and strategic insight.

• Dave DeWitt: Acquisitions and Investment Manager at Investorade. Dave brings a diverse background in operations, leadership, and business development, spanning military service, healthcare, and corporate sales. A graduate of the United States Air Force Academy, Dave has been instrumental in identifying strategic acquisition opportunities and leading investment initiatives across RV parks and related assets.

• David Perez: Lead Acquisitions Analyst at Investorade. David has been an integral part of the team since his start in acquisitions with Investorade Homebuyers. With a strong background in sales, David quickly distinguished himself with his sharp analytical skills and natural ability to build rapport with clients.

• Allix Eckermann: Regional Property Manager at Investorade. Allix focuses on property oversight, team management, and operational improvements. She has a background in managing acquisitions and dispositions and has held leadership roles in pharmacy operations, significantly improving profitability and efficiency.

• Jamie Stone: Park Administration Manager at Investorade. Jamie oversees bookkeeping and provides administrative support that streamlines operations across the company’s portfolio. She has a strong background in accounting and customer service, ensuring accurate financial management and reporting.

• Cindy M. Slaughter: RN, BSN, Property Support Specialist at Investorade. Cindy leverages over 25 years of experience in nursing and management to support the company’s medical-related ventures and property operations. Her expertise in hiring, policy implementation, and program development is key to her role at Investorade.

• Alberto "JayR" Rancho: Website Coordinator at Investorade. JayR specializes in SEO and digital marketing.