Business Details
Your Trusted Partner for Real Estate Solutions in Carmel, IN
REI Real Estate is a comprehensive real estate solutions company with decades of experience delivering value-driven services to local, regional, and national clients. Our expertise spans development, asset management, property management, and leasing, supported by a team with deep industry knowledge and a commitment to strategic partnerships. We prioritize intelligent financial decisions, community engagement, and sustainable practices, ensuring long-term success for our clients and stakeholders.Our approach combines market insight with operational excellence to exceed expectations in every project. We actively contribute to civic and cultural development through board participation, financial support, and hands-on community involvement.
Services
Development Management
Property Management
Asset Management
Sales & Leasing
Energy Management
Community Development
Hotel Development
Office Space Leasing
Industrial Property Management
Land Development
Highlights and features
- We have over 25 years of experience in real estate development and management.
- Our team manages $200 million in ongoing development projects.
- We prioritize strategic partnerships to ensure mutual success.
- Committed to community development through board participation and mentorship.
- Proven expertise in leasing over 8.1 million square feet of commercial space.
Services
Development Management
REI specializes in end-to-end real estate development, from site selection to construction. Our team ensures strategic planning, financial analysis, and market alignment to deliver high-value projects. Clients benefit from our expertise in navigating complex development processes and maximizing returns.
Property Management
We manage over 2.3 million square feet of commercial space, offering lease administration, maintenance, and financial reporting. Our proactive approach minimizes costs, enhances property value, and ensures tenant satisfaction through responsive, detail-oriented service.
Asset Management
Our asset management focuses on optimizing property value and mitigating risks. We provide market analysis, investment planning, and operational strategies to align client goals with long-term financial success and market trends.
Sales & Leasing
REI facilitates over 1,150 transactions annually, including $722 million in commercial sales and leases. Our brokers leverage deep market knowledge and financial expertise to secure optimal terms for landlords and tenants nationwide.
Energy Management
We implement energy-efficient strategies through partnerships like Energy Star, reducing operational costs and environmental impact. Our initiatives balance profitability with sustainability, enhancing asset value for owners and tenants.
People
Michael W. Wells
President
With 25+ years in real estate, Mike leads REI's development and investment strategy. He oversees $200M+ in projects and serves on boards including the Indiana Chamber and Indianapolis Zoo.
Jeffrey Sporleder
Chief Financial Officer
Jeff manages REI's financial operations, leveraging 35+ years of accounting experience. A CPA, he focuses on strategic tax planning and serves on the IU Real Estate Advisory Board.
Tina Shute
Vice President of Asset and Property Management
Tina directs asset strategy and property management for 2M+ sq ft. A Certified Property Manager, she mentors young professionals and supports local community causes.
Michael D. Napariu
Senior Vice President of Sales & Leasing
Mike has completed $722M in transactions across the U.S. and Europe. A CCIM and CPA, he specializes in commercial brokerage and strategic market positioning.
Ryan Wells
Asset Manager/Director of Development
Ryan leads development projects and asset strategy, combining real estate and banking expertise. He has restructured distressed assets and managed $200M+ in developments.
Questions
What real estate services does REI offer?
REI provides development, property management, asset management, and leasing services for commercial, industrial, and hospitality properties.
How does REI differentiate itself from competitors?
We combine decades of experience, a full-service approach, and strategic partnerships to deliver tailored solutions that maximize client value.
What areas does REI serve?
REI operates in Carmel, Indianapolis, Nashville, San Antonio, Austin, and surrounding regions, with national transaction capabilities.
How does REI support community development?
We contribute through board memberships, financial support, and mentorship programs focused on education, civic, and cultural initiatives.
What sustainability initiatives does REI implement?
REI partners with Energy Star to reduce energy use and environmental impact while enhancing tenant cost savings and asset value.
