ABOUT VREC

ABOUT VENTURE


Executive Summary

Founded in 2013, Venture Real Estate Company is a private equity real estate investment and management firm headquartered in Cincinnati, Ohio. Since its inception, Venture has acquired more than 2400 residential units. Venture currently owns and manages over 1100 units valued at over $150 million.


Venture Real Estate Company specializes in value-add multifamily real estate wherein we target under-performing communities that are in need of renovation, systems streamlining, and/or management improvements. 


By improving the interior, exterior, amenities, and living experience of these communities, Venture is able to deliver exceptional value to investors, the best standard of service to residents, and the highest quality work-life balance for our team members.

MISSION:

To provide the best-in-class living experience for our residents through purpose-driven property management


VISION:

To set that standard in our industry by cultivating communities that change people's lives

Our Values

Service to Others – Resident satisfaction is the #1 priority.


Excellence – Do your best. Exceed expectations.


Ownership – Take responsibility. No excuses. No blaming.


Leadership – Act with humility. Lead by example.


Teamwork – Win together. "We over me".


Venture Communities

Venture Communities is the vertically integrated property management wing of VREC that actively manages and provides infrastructure for the company’s real estate portfolio. Venture Communities is a valuable part of the organization through which Venture Real Estate Company efficiently controls every aspect of a property’s performance. Venture Communities handles operations ranging from day-to-day administrative duties, such as rent collection and property maintenance, to simultaneous large-scale construction/redevelopment project at different property locations.


At Venture Communities, our goal is to provide a "best in class" living experience for our residents, and we are driven by our desire to cultivate communities in which people love to live. The families and individuals that call one of our communities home have the opportunity to live in a comfortable, clean, and well cared for home. Our residents can enjoy their living experience with the utmost confidence that the Venture Communities team is committed to serving their needs, while providing industry-leading customer service and class-leading amenities. When a member of the team welcomes a resident to their new home for the first time, it is with genuine appreciation for their choice and their trust.


Venture Real Estate Company’s decision to manage its communities in-house  gives its investors the advantage of a professional management organization that is not necessarily a profit driven entity. Unlike other management companies, Venture Communities does not need to supplement its management fee with upcharges, additional hourly service rates, or any of the other mechanisms that are standard procedures in the property management industry. The need to generate profit is eliminated because VC's principals have equity interest in the properties themselves, thus reducing the impetus to drive profits through property management.


VC's sole purpose is to provide infrastructure, maximize ROI, control expenses, and increase the overall value of the real estate portfolio. Contrary to other management companies, VC absorbs or defrays the cost of employing personnel, training and ongoing education, office supplies, general overhead, legal consultation, legal document preparation, litigation, industry association dues and events, tenant screening, advertising, marketing, website development, and other operating expenses.


Venture Communities uses industry-leading property management software, Appfolio, that allows the company to manage its assets with minimal staffing requirements, thereby reducing overhead and maximizing efficiency. Investors are provided secure login credentials that allow them to instantly access current information regarding a property’s performance. Robust reporting capacity gives every investor the ability to analyze each aspect of their portfolio whenever they choose. We believe that transparency and communication are the foundation of any great relationship, and that guiding value has resulted in lifelong relationships with our investors.


Learn More about Venture Communities:  https://www.venturecommunities.com/

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