RRT

RRT

Resurgent Realty Trust (“RRT”), an internally managed private commercial real estate firm focused on acquiring well-occupied grocery anchored retail shopping centers in secondary and suburban markets in the United States.

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Security Type
Common Stock
Min Investment
$100
Location
Virginia Beach, VA
Offering Date
April 25, 2024
Expected Close Date
July 26, 2024
Target Raise
$10.00K-$1.20M
Security Price
$5
Valuation
$10,800,000
Number of Employees
2
Cash
$0
Revenue
$0
Short Term Debt
$0
Cost of Goods
$0
Long Term Debt
$0
Net Income
$0

Company Description

Using an entrepreneurial approach, RRT seeks to acquire grocery-anchored neighborhood and community shopping centers in high-barrier to entry, quality secondary and suburban markets to create value through strategic leasing and management. Our tenant relationships are critical to our success and we focus on creating and strengthening the relationship from the store manager, to the owner, to the real estate director. Strengthening communities and the citizens they serve are at the forefront of our philosophy."We understand the importance of the sense of community that shopping centers provide. It is always a core focus that we celebrate the success of our tenants and that we maintain strong relationships by sending anniversary cards, attend grand openings, and visit the centers often so that our property managers become known on a first name basis . We take pride in joining the chambers where we do business so that we can do our part to contribute to the success of the town or city."– Jon WheelerCEO, Resurgent Realty Trust

Management Team / Advisory Board Bios

Jon Wheeler

Chief Executive Officer

More than 40 years of experience in acquisitions, financings, dispositions, development, leasing and management of retail and office properties.

In 2012, Jon founded Wheeler Real Estate Investment Trust (NASDAQ:WHLR), a publicly -traded REIT, where he served as Chairman, President and Chief Executive Officer.

In 1999, Jon was the co-founder of Perrine & Wheeler, the predecessor entity to WHLR.

Over the last 20 years, Jon has overseen 120 acquisitions totaling $1.2Bn and 12M square feet. Jon has an extensive background with managing grocery-anchored retail assets, deep relationships with national retailers, and has managed thousands of leasing transactions.

Jon has been an active member of the International Council of Shopping Centers (ICSC). Jon received his Bachelor of Science from Southern Methodist University


Laura Nguyen

Chief Operating Officer

Experienced CRE executive with over 15 years experience in operations, development, and capital markets.

Founder of Artemis Capital, a Virginia Beach based advisor providing leasing, asset management, construction management, and property management services to commercial real estate owners.

Served as the corporate secretary and director of investor relations for Wheeler Real Estate Investment Trust (NASDAQ:WHLR) where she was an integral part of the senior management team.

Prior to joining WHLR, Laura held key roles with Gold Key PHR Hotels and Resorts, a hotel/timeshare developer and operator, where she was instrumental in developing a long-term strategic plan that facilitated the company’s exponential growth.

Laura served as the 2022 and 2023 President for CREW (Commercial Real Estate for Women) Network’s Coastal Virginia Chapter and is a 2022 CIVIC Leadership Institute graduate. Laura earned her Bachelor of Science in Mass Communications from Old Dominion University
Amount Raised : $16,435
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Security Description

Common stock is a security that represents ownership in a corporation.

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