Business Details
Your Trusted Partner for Real Estate Solutions
REI Real Estate is a comprehensive real estate solutions provider with decades of experience in development, property management, and asset management. Our team brings unparalleled expertise to every project, combining deep market knowledge with a commitment to client success. We specialize in strategic partnerships that create value for all stakeholders, focusing on projects that align with our vision for sustainable growth. Our professionals have been instrumental in landmark developments across the Midwest and beyond, including major hotels, office complexes, and mixed-use properties.We prioritize long-term relationships and community engagement, ensuring our clients' real estate strategies align with their business objectives. Our track record of managing over $200 million in active development projects and 2.8 million square feet of commercial space demonstrates our capacity to deliver exceptional results while maintaining the highest standards of professionalism and integrity.
Services
Development Management
Property Management
Asset Management
Sales & Leasing
Energy Management
Facility Maintenance
Financial Analysis
Tenant Relations
Market Positioning
Construction Oversight
Highlights and features
- We offer over 25 years of experience in commercial real estate development.
- Our team manages $200 million in active development projects nationwide.
- We combine legal expertise with real estate acumen from our leadership team.
- Our Energy Star partnership demonstrates commitment to sustainable practices.
- We maintain a proven track record of 1,150+ successful transactions totaling $722 million.
Associations and certifications
- Energy Star
Services
Development Management
REI's development management services oversee projects from concept to completion. Our team handles site selection, due diligence, financial analysis, and construction coordination. With expertise in hospitality, office, and mixed-use developments, we ensure projects meet market demands while maximizing returns. Our experience includes managing 18 operating hotels across five states and $200 million in active development projects.
Property Management
Our property management covers 2.8 million square feet of commercial space. Services include lease administration, tenant relations, maintenance programs, and financial reporting. We implement preventive maintenance strategies and energy-efficient solutions to reduce operating costs. Our team ensures tenant satisfaction through responsive service and proactive facility improvements across office, medical, and industrial properties.
Asset Management
REI's asset management focuses on maximizing property value and mitigating risk. We provide strategic planning, market analysis, and investment optimization for commercial real estate portfolios. Our services include financial analysis, market positioning, and operational improvements to enhance returns. With expertise in distressed asset restructuring, we deliver solutions that align with owners' investment objectives.
Sales & Leasing
Our sales and leasing team has completed over 1,150 transactions totaling $722 million. We represent both landlords and tenants in commercial real estate deals, specializing in office, medical, and industrial properties. With exclusive representation for major Indianapolis properties, we combine market knowledge with negotiation expertise to secure optimal terms for clients across the United States.
Energy Management
REI's energy management initiatives focus on sustainable practices that benefit both the environment and property value. Our Green Initiatives Team implements Energy Star-certified solutions to reduce operating costs while maintaining asset quality. We develop customized energy strategies that align with environmental goals and regulatory requirements, ensuring long-term value for property owners and tenants.
People
Michael W. Wells
President
With 25+ years in real estate, Mike Wells leads REI's development and investment strategy. He oversees $200M+ in active projects and manages a portfolio including 18 hotels and 300 North Meridian. A former attorney, he combines legal expertise with real estate acumen to drive strategic decisions.
Jeffrey Sporleder
Chief Financial Officer
Jeff Sporleder manages REI's financial operations with 35+ years of accounting experience. He oversees financial reporting, tax planning, and investment analysis. A CPA and former Ernst & Young auditor, he ensures sound financial stewardship while maintaining active community involvement through United Way and church leadership.
Tina Shute
Vice President of Asset and Property Management
Tina Shute directs asset and property management operations, overseeing 2M+ sq ft of commercial space. A Certified Property Manager, she focuses on strategic planning and team development. Her expertise in market analysis and tenant relations ensures optimal property performance while mentoring future real estate professionals through community programs.
Michael D. Napariu
Senior Vice President of Sales & Leasing
Mike Napariu leads REI's brokerage services with CCIM and CPA credentials. He has completed 1,150+ transactions totaling $722M, representing major Indianapolis properties. His financial expertise and market knowledge enable strategic real estate solutions for clients across the US and Europe.
Ryan Wells
Asset Manager/Director of Development
Ryan Wells manages asset strategy and development projects with a decade of real estate experience. He oversees all development phases from site selection to construction. His background in commercial appraisal and banking provides unique insights into property valuation and investment analysis for optimal returns.
Questions
What real estate services does REI offer?
REI provides development management, property management, asset management, and brokerage services for commercial, office, medical, and industrial properties.
How does REI differentiate itself from other real estate firms?
REI combines legal expertise, financial acumen, and 25+ years of development experience with a focus on strategic partnerships and long-term value creation.
What geographic areas does REI serve?
REI operates in Indiana, Tennessee, Texas, and surrounding regions with expertise in both urban and suburban commercial real estate markets.
How does REI handle property management?
Our property management includes preventive maintenance, financial reporting, tenant relations, and energy efficiency programs across 2.8 million square feet of commercial space.
What sustainability initiatives does REI implement?
REI's Green Initiatives Team implements Energy Star-certified solutions to reduce operating costs while maintaining asset value and environmental responsibility.
