Friday, December 18, 2015
Stephen Reeder is the CEO of The UCR Group, a real estate development and consulting firm headquartered in Southern California. As a real estate developer, Stephen Reeder works with clients to turn their property ideas into reality.
Real estate developers can be either individuals or corporations that aim to increase the value of empty land or unused buildings by reimagining properties. Converting an idea for a building or structure into something tangible is a multi-step endeavor involving numerous business transactions. The real estate developer helps to facilitate the details of this process.
Developing a property may require researching suitable locations, buying or leasing land, acquiring financing, and understanding local building laws and regulations. Typically real estate developers take on the majority of the financial risk in building projects, but as a result, their yield is greater if the project is successful. Real estate developers may also work on behalf of clients, helping them identify and develop properties that will meet their goals.
Thursday, December 10, 2015
Having been involved in multifamily real estate development since the age of 14, Stephen Reeder currently serves as CEO of Southern California development firm The UCR Group. Stephen Reeder’s recent accomplishments include the development of Circa 2020, an apartment complex in Redlands, California, that offers numerous amenities to its residents.
Dog owners will appreciate the “Bark Park” exercise area as well as numerous dog grooming stations. The five landscaped social courtyards located around the complex offer occupants space to interact with friends and neighbors, and the mini-basketball courts and fully-equipped fitness center make exercise convenient. Eco-conscious tenants will appreciate the onsite electric car charging stations.
Additionally, Circa 2020 designers kept technology in mind by providing a Wi-Fi lounge and business center as well as multiple USB charging stations. When they want to relax and unplug, residents can take advantage of the lounges and private cabanas available in the clubhouse and resort pool areas.
To find out more about Circa 2020 or The UCR Group’s other projects, visit www.theucrgroup.com.