REIS Associates Company Profile

Background

REIS Associates is a privately held commercial real estate company headquartered in Houston, Texas. Founded in 2014 by Frank Staats, the company specializes in property management, leasing, asset management support services, construction, accounting, and environmental services. Their diverse portfolio includes commercial office buildings, mixed-use centers, medical facilities, industrial properties, educational institutions, and hotels. REIS Associates aims to enhance property values by providing exceptional customer service, managing properties from an owner's perspective, and closely overseeing capital and operational projects to benefit clients and tenants.

Key Strategic Focus

REIS Associates focuses on delivering comprehensive real estate services, including:

• Property Management: Managing over 1.3 million square feet of retail, office, mixed-use, and industrial properties.

• Due Diligence and Environmental Services: Assisting with acquisitions and dispositions of various commercial property types, coordinating Property Condition Assessments (PCA), Environmental Site Assessments (ESA), title, survey, and closing of approximately 14.5 million square feet of properties valued at around $3.5 billion since 2015.

• Accounting and Financial Reporting: Providing full-service accounting and financial reporting services with experience in CTI, MRI, Kardin, and other software packages.

• Construction Management: Handling construction contracts over $2.4 million in value, including projects for Houston Center, Memorial Hermann Hospital, and 22 office buildings in the Houston area.

• Leasing Management: Closing $4.8 million in lease deals in 2022, with over three decades of leasing and leasing management experience across asset types.

• Asset Management: Reviewing monthly reports, budgets, Common Area Maintenance (CAM), and supporting construction and property management projects for 15.5 million square feet of office and retail products for Lionstone Investments.

Financials and Funding

As a privately held company, REIS Associates does not publicly disclose detailed financial information or funding history.

Pipeline Development

Specific details regarding REIS Associates' pipeline development, including key projects, stages of development, target conditions, and anticipated milestones, are not publicly available.

Technological Platform and Innovation

REIS Associates utilizes advanced technologies to enhance its services, including:

• Property Management Systems: Employing systems such as CTI, MRI, and Kardin for efficient property management and financial reporting.

• Construction Management Tools: Utilizing project management software to oversee construction projects, ensuring timely and within-budget completion.

• Leasing Management Platforms: Implementing platforms to manage lease agreements, track tenant information, and optimize leasing strategies.

Leadership Team

• Frank Staats, CPM: Founder and CEO with over 35 years of experience in the commercial real estate industry. Previously served as General Manager/Vice President of Asset Management at Houston Center.

• Debby Alaniz: Principal leading the accounting and financial reporting services team, with over 30 years of experience at Crescent Real Estate, CBRE, Heitman, JMB, Pinchal & Company, and Lionstone Investments.

• Stephen Coffey: Sponsoring Broker with extensive experience in commercial real estate.

• Kelly DiSalvo: Manager of Acquisitions and Dispositions, focusing on identifying and mitigating risks associated with the acquisition and disposition of single-tenant net lease assets and corporate real estate portfolios.

• Aj Jennings: Senior General Manager with decades of expertise in property management, including managing and rebranding developments like Rice Village.

• Tom Moore: Construction Manager with over 25 years of experience, having managed over 150 projects valued at an estimated $56 million.

• Bianca Tillman: Controller overseeing financial operations.

• Kate Willis: Director of Operations responsible for operational management.

Market Insights and Competitive Landscape

The commercial real estate market in Houston is characterized by a diverse range of properties, including office buildings, mixed-use centers, medical facilities, industrial properties, educational institutions, and hotels. The market is competitive, with numerous firms offering property management, leasing, and related services.

Competitor Profile

REIS Associates competes with several firms in the Houston area, including:

• Embrey: A real estate company with a focus on property management and development.

• Allied Property Management: Specializes in property management services for residential and commercial properties.

• Lincoln Property Company: A global real estate services firm offering property management, leasing, and development services.

These competitors vary in size and service offerings but share a focus on property management and related services.

Strategic Collaborations and Partnerships

REIS Associates has established relationships with clients such as Lionstone Investments, Rice University, Hines, Metro National, Stablewood, Radom, and Keystone Properties. These collaborations enhance the company's market position and innovation capacity.

Operational Insights

REIS Associates differentiates itself through:

• Owner's Perspective: Managing properties with an owner's mindset to enhance value.

• Comprehensive Services: Offering a wide range of services, including property management, leasing, asset management, construction, accounting, and environmental services.

• Experienced Leadership: Led by professionals with extensive experience in the commercial real estate industry.

Strategic Opportunities and Future Directions

REIS Associates is well-positioned to:

• Expand Service Offerings: By leveraging its comprehensive service model to attract new clients.

• Enhance Technological Integration: By adopting advanced technologies to improve operational efficiency and client service.

• Strengthen Market Presence: By capitalizing on its experienced leadership and diverse portfolio to increase market share in the Houston area.

Social Media Presence

• LinkedIn: REIS Associates maintains a LinkedIn profile for professional networking and company updates.

• Facebook: The company has an active Facebook page for community engagement and marketing.