Schon Tepler Group, Inc. (STG)
Schon Tepler Group, Inc. (STG) is a fully integrated real estate development and investment company based in Los Angeles, California. Our focus is on creating and preserving value for our equity investors through the use of our specialized knowledge of the multi-family real-estate business. Schon Tepler Group was formed in 2009 by Paul Schon and Artem Tepler. A combination of experience of the principals, economic variables and real estate trends helped drive the initial business model: to acquire, renovate and sell distressed multi-family properties during the “Great Recession”. Being cognizant of changing real estate patterns and updated economic data, Schon Tepler Group has transitioned to become a vertically integrated real estate company specializing in ground-up development of multi-family real estate, property management, and construction.
Multi Family Investments / Development
Our Multi-Family strategy is focused on creating value through acquisition, ground-up development, repositioning and management of multi-family and mixed use real estate. STG’s entrepreneurial, value-driven approach to identifying and pursuing investment and development opportunities is designed to deliver extraordinary returns for our equity investors. STG primarily looks for urban infill locations in close proximity to colleges, job centers, major transportation nodes and vibrant retail corridors. STG creates value for our equity investors through our experience in land acquisition, entitlements, project design, value engineering, project management and construction management.
Once the Schon Tepler Group completes a multi-family project, our property management team steps in and assumes the ongoing responsibilities for its operations. Managing our properties is an important part of our overall strategy and enables us to create additional value for our assets over time. We pursue an aggressive leasing strategy, and maintain our properties with exceptional detail, undertaking physical improvements on an ongoing basis. Our property management functions include maintenance, administration, accounting, customer service, marketing and leasing. These daily activities are closely monitored and controlled by our corporate entity, which is responsible for budgeting, financial and regulatory compliance and reporting for all our properties. Our approach of providing comprehensive management services under the strategic direction of our management team enables us to maximize cash flow while protecting the long-term value of each asset.
LaColive™ is an in-house co-living property management arm of Schon Tepler Group that is focused on managing our co-living projects. LaColive is 100% owned by Schon Tepler Group and is focused on managing only properties developed by Schon Tepler Group; we do not manage co-living projects for other developers/owners.
Schon Tepler Realty, Inc. (STR)
Schon Tepler Realty, Inc. (STR), an affiliated company of Schon Tepler Group, provides financial services to assist in the construction and permanent financing of STG assets. STR originates all the financing for Schon Tepler Group. Its principals bring experience and strong, strategic relationships with local community banks and balance sheet lenders to obtain superior financing terms and rates for our projects.
Schon Tepler Construction, Inc. (STC)
Schon Tepler Construction, Inc. (STC) is the in-house, fully licensed, bonded and experienced Californian general contracting arm of Schon Tepler Group. STC provides a complete range of construction services, including pre-construction analysis, value engineering and construction management for all Schon Tepler Group projects. Professional on-site supervision and in-house project management provide the key to excellent projects. Managing construction in-house enables us to pass value created through construction directly to our equity investors. This translates into greater returns for our equity investors than the traditional model where a developer hires a third-party construction company. All the independent subcontractors used by STC are top-tier subcontractors that are utilized by the largest third-party construction firms. The construction costs for each project are made available to our equity investors. Upon request, we can provide each equity investor with access to subcontractor costs, costs of materials and costs of labor in respect of the underlying project.