Tuesday, January 15, 2019

3 Programs Offered by the Skip Barber Racing School


Tuesday, October 30, 2018

The Future of Multifamily Housing and Generation Z


The CEO of Redlands, California-based firm The UCR Group, Stephen Reeder is a real estate development executive with experience in master planned communities, condominiums, single-family homes, and subdivisions. Most recently, Stephen Reeder and his colleagues at The UCR Group have focused primarily on the development of multifamily housing projects in the San Bernardino County area.

According to data from the first half of 2018, the multifamily housing market continued to experience a lucrative growth trend in the first six months of the year. As competition in the market also continues, investors may look to consider a new factor that industry experts are expecting to significantly influence the future of multifamily housing: the “Generation Z” renter. 

Leadership from the firm 365 Connect notes that, though the Millennial generation is noted for the significant amounts of money its members spent in real estate rental, members of Generation Z are likely to spend even more. At the same time, this group is notoriously difficult for marketers to understand, as they represent the first generation to grow up in a fully digital world. Early recommendations for multifamily housing investors who wish to appeal to Generation Z renters include focusing on high-tech amenities, opportunities to engage with new life experiences, and designs that inspire those who are naturally entrepreneurial.

Friday, October 19, 2018

From Groundbreaking to Grand Opening: Development in Action


Stephen Reeder, CEO of the UCR Group in Redlands, California, directs major real estate projects from initial investment to completion. Stephen Reeder’s expertise stems from understanding the complex process of development.

Archipreneur magazine describes four stages of this venture: project initiation, conception, management, and marketing. Developers seek to minimize risk in all four phases, since their control over the project decreases over time.

- Initiation. One of three approaches drives this preliminary work: 1) a location looking for capital and an idea, 2) an idea looking for location and capital, or 3) capital looking for an idea and location. The rough outline of a project emerges, followed by acquiring financing and land.

- Conception. A feasibility study takes into account the project’s costs and benefits, and analyzes its competition, market, and purpose. The developer either launches or abandons the project, depending on its projected profitability.

- Management. The developer works out the nuts and bolts of the project, finalizing its design, selecting contractors, and coordinating its completion.

- Marketing. This phase should start early to attract clients and reduce financial risk. Starting soon enables marketing experts to leverage their knowledge of a community’s economics to help sell or lease the project.

Sunday, June 17, 2018

The Crossings at Redlands Targets Upscale Young Professionals


A respected Redlands, California real estate investor and developer, Stephen Reeder guides the UCR Group and has overseen high profile projects such as the fully leased Circa 2020 apartment complex. In August 2017, Stephen Reeder and his team broke ground on The Crossings at Redlands.

Adjacent to the 304-unit Circa 2020, The Crossings will encompass 340 units when completed and meet an expanding market niche among young professionals seeking an upscale apartment lifestyle. 

A particular trend involves Millennials looking for apartments with a smaller per-unit footprint and relatively large common area. The two gated developments are situated in an expanding part of San Bernardino County and will be marketed together as Park West Redlands.

Among the amenities that will be offered to The Crossings residents are quartz and granite countertops, high ceilings, walk-in closets, and stainless steel appliances. Shared spaces for residents will include cabanas and barbecues, as well as a pair of resort-style spas and pools. In addition there will be a fitness center, entertainment lounge, and business center. Circa 2020 already offers residents a full range of social activities, from movie nights to cupcake-decorating evenings.

Friday, June 8, 2018

The Rise of Mixed-Use Developments


Seasoned real estate developer Stephen Reeder currently holds the position of chief executive officer at southern California real estate consulting firm UCR Group. Under Stephen Reeder’s leadership, UCR has transformed residential areas by acquiring, renovating, and expertly executing mixed-use development projects.

Mixed-use developments traditionally contain residential, commercial, and office spaces. Blending these types of properties together successfully creates a dynamic neighborhood that attracts renters, buyers, business owners, and visitors. 

The rise in mixed-use developments is due in large part to constraints in affordable construction sites and the demise of large malls. Developers are seizing the opportunity by renovating older shopping malls and turning these spacious buildings into communities with affordable housing units. Entertainment and public green spaces are key components for mixed-use developments since they attract members of the wider community, which benefits retailers. 

Some local government agencies, including in Washington, D.C., are encouraging quality mixed-use developments by setting requirements on the amount of accessible public space for specific renovation projects.

Wednesday, April 11, 2018

City of Hope's Beckman Research Institute


Stephen Reeder serves as the chief executive officer of the real estate development firm UCR Group in Redlands, California. A dedicated philanthropist, Stephen Reeder has contributed to numerous charitable organizations, including City of Hope.

Since the organization was established in 1913, City of Hope has been a leading organization for the research and treatment of serious illnesses. Through its Beckman Research Institute, City of Hope spearheads research initiatives to discover treatments for life-threatening diseases ranging from cancer to HIV/AIDS.

The Beckman Research Institute takes its name from its founders, Arnold and Mabel Beckman, who established the institute in 1983. As the first of five such institutes, it continues to delve into the pathology of diseases, explore the links between various diseases, and investigate novel methods for preventing said illnesses. The institutes also share knowledge and research with each other in an effort to magnify their effectiveness.

For more information the Beckman Research Institute, visit https://www.cityofhope.org/research/beckman-research-institute.

Friday, July 1, 2016

John Wayne Cancer Institute Fights on Several Fronts


As CEO of the UCR Group, Stephen Reeder is developing an apartment building in Redlands, California. Also active in charity, Stephen Reeder contributes to several causes, including the John Wayne Cancer Foundation.

The foundation conducts cancer research through its sister organization the John Wayne Cancer Institute (JWCI), which investigates several types of cancer, including skin, neuroendocrine, colon, gastrointestinal, breast, and prostate.

JWCI partners with the Saint John’s Medical Center with the intention of making advances in cancer treatments. One aspect of this initiative is the Surgical Oncology Fellowship, which trains new surgeons to become leaders in cancer care. So far, some 150 fellows have found positions in the United States and elsewhere.

In addition to its fellowship program, JWCI pioneered the sentinel node biopsy procedure, which is now used across the globe to care for individuals with breast cancer and melanoma. Considered minimally invasive, the technique is used to determine if cancer cells have spread by locating the lymph nodes into which a tumor drains. The presence or absence of cancer in these nodes determines whether or not further tests are needed.