Organization

Real Estate Development Associates (REDA) is a diversified investment company which acquires and develops industrial and office properties in Southern California. Our strategy is designed to CREATE VALUE THROUGH TRANSFORMATION by focusing on targeted market opportunities where we can create the highest possible risk adjusted returns.

  • REDA capitalizes on our strong network and relationships.
  • REDA underwrites the market in conjunction with the investment.
  • REDA thoroughly analyzes the opportunity with sound investment fundamentals.
  • REDA believes in “Staying under the Radar” when targeting opportunities.

 

Capabilities

REDA has experience in all facets of commercial real estate with capabilities to provide a range of services for our clients.

  • Pre-Development and Entitlement
  • Corporate Build-to-Suit
  • Capital Placement
  • Asset Management
  • Acquisition / Disposition Analysis
  • Distressed Property Workouts
  • Construction and Development Services
  • Property / Portfolio Management

 

Team

Our partners have been responsible for in excess of 15 million square feet of entitlement, development, leasing and sales of buildings over the past 30+ years with a valuation in excess of $3 billion. The firm’s executives are experienced in a wide array of property types, with considerable hands-on experience working at the property level. Their backgrounds include investment, management, development, finance, property management, marketing, planning and construction.

JASON KROTTS, Founder and Principal

Prior to founding REDA, Mr. Krotts was a Vice President of acquisition and development for Lowe Enterprises Real Estate Group, a nationally recognized real estate investment and development company based in Los Angeles, CA. Prior to joining Lowe Enterprises, Mr. Krotts began his real estate career with CB Richard Ellis, the world’s largest globally integrated full service commercial real estate company. Mr. Krotts holds a Bachelor of Arts degree in Business Communications from Chapman University. In 2007, Mr. Krotts was recognized by Southern California Real Estate Magazine as one of the “Top 30 under 30.”

BILL GOLTERMANN, Founder and Principal

Prior to founding REDA, Mr. Goltermann held management positions with public real estate development firms, Chelsea Property Group and McDonnell Douglas Realty Group, as well as private Southern California based real estate developers, Lowe Enterprises, The Irvine Company and Litchfield Advisors. Mr. Goltermann has completed several large build-to-suit office-campus projects for Fortune 100 firms. Throughout his career he has been responsible for over $2 billion in commercial, institutional and retail development. Mr. Goltermann earned a BS degree in Architecture from the University of Illinois and an MBA from the University of Southern California. Mr. Goltermann is on the board of directors of a closely held manufacturing firm based in the Chicago area and the Southern California Children’s Chorus, based in Newport Beach.

CHAD MANISTA, Assistant Vice President

Chad Manista is project manager assisting with the acquisition, design, financing and construction of projects. Mr. Manista holds a Masters of Real Estate Development from the University of Southern California where he was selected to be a member of the NAIOP USC vs UCLA Real Estate Challenge team. Prior to REDA and USC, Mr. Manista work for Holland Partner Group, a multi-family developer and national construction companies, Suffolk Construction and Poole Construction (PCL). Mr. Manista received a B.S. in Building and Construction Management from Purdue University.
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Acquisition Criteria

Target Markets:

Our focus is in the Orange County, Inland Empire, Mid-Counties, South Bay and San Diego markets of Southern California.

Investment Type – Development:

Industrial land sites 5 + acres.

Investment Type – Acquisitions:

  • Existing Industrial and Office Buildings
  • Value Add
  • Core, Core +
  • Notes: Performing / Non-Performing

Investment Size:

  • $5 million – $50 million
  • Single asset – 25,000 square feet and greater.

Investment Duration:

3 – 5 years (depending on deal type and partner)

Please submit all opportunities to:

Jason Krotts, Principal
JKrotts@REDAllc.com
Bill Goltermann, Principal
BGoltermann@REDAllc.com
Chad Manista, Assistant Vice President
CManista@REDAllc.com
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