Arleen Garza, Founder of REEP, Named Finalist for NAA Independent Rental Owner of the Year Award
SAN ANTONIO, April 2, 2025 /PRNewswire/ -- The National Apartment Association (NAA), the leading voice and resource for the rental housing industry, representing nearly 97,000 members and over 12 million apartment homes globally has announced that Arleen Garza, Co-Founder of Real Estate Equity Partners (REEP), a multifamily real estate investment firm, is a finalist for the prestigious Independent Rental Owner of the Year award as part of the 2025 NAA Excellence Awards. This honor recognizes Arleen's exceptional leadership, vision, and unwavering commitment to advancing the rental housing industry.
The NAA Excellence Awards recognize individuals, companies, and organizations that exceed expectations to advance the rental housing industry. By promoting innovation, inclusive communities, and operational integrity, these awards highlight the best and brightest leaders who are paving the way for a stronger future.
The winner will be announced during the NAA Excellence Awards Ceremony, sponsored by AppFolio, on Wednesday, June 11, at Apartmentalize in Las Vegas, NV. NAA's annual conference and expo gathers industry professionals from across the nation to celebrate excellence and share innovative ideas shaping the future of rental housing.
"Being named a finalist for this distinction is both an honor and a testament to the incredible work being done by our team at REEP," said Arleen Garza. "I'm proud to represent independent rental owners and demonstrate how dedication to community, innovation, and integrity can create meaningful impact in our industry."
Under Arleen's visionary leadership, REEP has established itself as a distinguished force in real estate, achieving remarkable milestones, including $750 million in multifamily transactions. The company currently manages over 5,800 multifamily units and has successfully sold 2,500 units, generating an impressive average internal rate of return (IRR) of 23% and a multiple of 2.17X. Arleen is celebrated for her strategic expertise in acquisitions and her forward-thinking approach to driving REEP's growth. Beyond her financial acumen, she is deeply committed to educating investors about the long-term value of multifamily investments while fostering relationships with investors, employees, and residents. Her dedication to operational excellence and community impact is at the forefront of her mission to serve the over 12,000 residents who call a REEP community home.
About REEP
REEP Equity, founded in 2012 by Jacob and Arleen Garza, is a leading multifamily real estate investment firm headquartered in San Antonio, Texas.
REEP specializes in acquiring multifamily properties in Texas and implementing a value-add strategy that elevates their performance, transforming them into highly desirable and lucrative investment opportunities.
Operating with a vertically integrated structure, REEP Equity collaborates closely with its in-house property management company, REEP Residential. This integration streamlines operations, improves asset performance, and ensures premium service for residents while generating strong financial returns for investors.
The firm oversees a portfolio exceeding $600 million in value, with a cumulative track record encompassing $750 million in multifamily assets across major Texas markets such as San Antonio, Houston, and Austin. REEP Equity has completed 11 full investment cycles to date, demonstrating consistent success in delivering value and achieving long-term growth.
REEP's dedication to growth, innovation, and long-term value creation consistently delivers exceptional outcomes, setting a strong benchmark in the industry.
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SOURCE REEP Equity