FUTURA’s strong foundation is steered daily by its founder’s remarkable and virtually miraculous personal story, driven by his deeply rooted Faith in God, love for the good of humanity, planet earth and Life itself.
His God given talents have also been enhanced by very rigorous long-term academic training programs as precursors to an absolute work ethic couple with his profound moral principles employed over his very successful nineteen (19) plus years of professional experience. He participated in the leadership of all phases of real estate acquisitions and development activities for leading nationally and internationally recognized private and publicly held owner-developers like JPI New England, The Bainbridge Companies and Archstone-Smith (NYSE: ASN) with ownership position on 86,014 apartment units; later rebranded as ARCHSTONE, upon its $22.2 Billion acquisition by Tishman-Speyer and Lehman Brothers in October 2007. Mr. Faife remained a crucial senior officer of the company until its collapse due to Lehman Brother’s bankruptcy recorded on October 17, 2008, as the largest in U.S. history with about $600 billion in assets.
Reinerio P. Faife is a University of Florida and Harvard trained architect and real estate developer with a business minded “master-builder” mentality, that has also proven to be a very talented and a strategic visionary capable of foreseeing the market demand factors required to properly structure, prioritize and streamline the decision-making process required to visualize and execute the completion of sustainable; thus, highly profitable real estate investment deals that have led to long-term sustainable communities.
He has an excellent track record hiring and coordinating large and diverse professional teams required to gain the trust, support and acceptance from neighborhood communities and the many local officials with jurisdiction over a range of different types of development or investment proposals. He has a keen ability to get projects done on time and within each project’s specific investment criteria.
His persistently patient approach has gained him the experience required to supervise the acquisition, design, entitlement, permitting, financing, construction and delivery of significant projects within highly constrained real estate submarkets, representing multiple complex degrees of development difficulty.
Thus far, his professional training and experienced work ethic, coupled with his boundless visionary approach and personal ability to persevere turning challenges into great opportunities, has allowed him the capacity to participate in the execution of over 28 very successful communities composed of over 8,427 residential units, developed, rehabbed, and/or converted to condominium, in correlation with self-storage, hospitality and retail uses, accounting for a total real estate value of over $1 Billion.