Business Details
50+ Years
experience
Trusted Property Management & Apartment Rentals in Minnesota and Arizona
Founded in 1972, Real Estate Equities has established itself as a leader in property management, apartment development, and community building. Our mission to 'Provide Housing, Build Communities, and Enhance Lives' drives every aspect of our operations, from managing over 4,000 units across Minnesota and Arizona to pioneering innovative affordable housing solutions. With decades of collective experience, our team specializes in financial reporting, asset management, compliance administration, and resident relations, ensuring exceptional service for both property owners and residents.Our hands-on approach is supported by dedicated corporate resources in marketing, IT, risk management, and training. Recognized for excellence in multifamily housing, we combine deep industry expertise with a commitment to sustainability and community impact, maintaining strong relationships with oversight groups while delivering industry-leading property management services.
Services
Property Management
Apartment Development
Lease-Up Marketing
Compliance Management
Affordable Housing
Senior Housing
Workforce Housing
Asset Management
Facility Maintenance
Resident Relations
Details
- Year established: 1972
Highlights and features
- We have over 50 years of experience in multifamily housing management and development
- Our comprehensive services cover all aspects of property management and compliance
- We maintain a hands-on approach with dedicated corporate support infrastructure
- Our portfolio includes 4,000+ apartments across Minnesota and Arizona
- We combine proven expertise with innovative approaches to affordable housing solutions
Services
Property Management
Our property management services encompass financial reporting, asset management, compliance administration, and resident relations for multifamily housing. We maintain hands-on oversight supported by dedicated corporate resources in marketing, IT, and risk management. With expertise in both market-rate and affordable housing, we ensure exceptional service quality across our 4,000+ unit portfolio.
Apartment Development
Specializing in multifamily housing development, we handle site acquisition, entitlements, financing, and construction oversight. Our team has completed 17 communities with over 4,000 units in recent years. We focus on creating sustainable, community-enhancing developments that meet both market demands and affordable housing needs across Minnesota and Arizona.
Lease-Up Marketing
Our lease-up marketing strategy creates customized plans targeting specific demographics through multichannel campaigns. We combine print ads, online classifieds, and corporate outreach with 24/7 call center support. This approach has achieved industry-low cost-per-lease metrics and resident retention rates exceeding national averages through strategic market positioning.
Compliance Management
Our compliance team maintains expertise in Section 8, Section 42, and other affordable housing regulations. We ensure adherence to complex requirements through regular audits and inspections while maintaining strong relationships with oversight agencies. Our track record includes successful REAC inspections and first-year lease-up compliance across our affordable housing portfolio.
Affordable Housing
We develop and manage affordable workforce and senior housing solutions that address community needs. Our portfolio includes over 4,000 affordable units with financing from HUD, Freddie Mac, and major banks. Through partnerships and innovative approaches, we deliver quality affordable housing while maintaining regulatory compliance and long-term sustainability.
People
William Bisanz
Chief Executive Officer
William Bisanz leads Real Estate Equities with a deep commitment to its mission. Starting as a property manager, he gained hands-on experience before becoming CEO. With an MBA from Columbia University and prior experience in business strategy consulting, he brings both practical and academic expertise to the company's leadership.
Pete Busse
Chief Financial Officer
Pete Busse oversees financial operations with expertise in real estate accounting, complex structures, and asset management. A certified public accountant with dual degrees in accounting and finance, he manages corporate accounting, compliance, and IT operations while ensuring financial stability across the portfolio.
Patrick Ostrom
Managing Development Partner
Patrick Ostrom directs development initiatives with over $1 billion in completed projects. He specializes in site acquisition, financing, and construction oversight for affordable housing. His leadership has resulted in thousands of new units while maintaining strong stakeholder relationships throughout the development process.
Kathy Laridaen
VP of Human Resources
Kathy Laridaen brings 25+ years of HR expertise to talent management and organizational development. With certifications in strategic workforce planning and a background in operations industries, she shapes HR strategies that align with company growth while maintaining a focus on employee development and satisfaction.
Ralph Sabio
VP of Operations
Ralph Sabio leads operations with 17 years of multifamily housing experience. Focused on servant leadership and team empowerment, he manages class A-C communities while emphasizing system optimization and marketing excellence. His approach combines practical management with strategic vision for operational success.
Questions
What areas do you serve for property management?
We provide property management services throughout Minnesota and Arizona, with a growing national footprint in multifamily housing markets.
How do you determine rent affordability?
We recommend income be at least 2.5 times monthly rent. Our rent calculator helps prospective tenants evaluate affordability based on personal budget considerations.
What types of housing do you offer?
We offer market-rate apartments, affordable workforce housing, senior communities, and mixed-income developments across our Minnesota and Arizona properties.
How do you ensure property compliance?
Our compliance team maintains expertise in Section 8, Section 42, and other housing regulations through regular audits, inspections, and relationships with oversight agencies.
What makes your lease-up strategy effective?
Our customized marketing plans use multichannel campaigns, demographic targeting, and 24/7 call center support to achieve industry-low cost-per-lease metrics and high retention rates.
