About Us
Our Foundation
Founded in 2010 and based in Dallas, RREAF Holdings is a privately held, vertically integrated commercial real estate firm. We specialize in the acquisition, development, financing, repositioning, and management of complex multifamily and hospitality assets across select Sun Belt markets.
Backed by a proven track record, RREAF has completed more than 130 transactions and acquired/developed over 23,000 units/keys since inception. Today, the firm oversees more than 90 assets, representing approximately $4.7 billion AUM in various real estate asset classes across high-growth U.S. markets.
With vertical integration across the project lifecycle, RREAF is built to execute at scale, delivering consistent performance across a diversified portfolio.
the rreaf family
Founding of RREAF Holdings
Founded in 2010 with seven employees, RREAF has expanded to over 100 corporate employees with nearly 450 on-site employees through our umbrella of companies
2010
Founding of Hotels & Resorts Platform
RREAF Holdings purchased Beachside Resort Panama City Beach Hotel
2012
Founding of Multifamily Platform
First Multifamily asset was purchased to launch the Multifamily Platform. One of RREAF’s largest Platforms to date
2015
RREAF Acquires Gulf Coast Portfolio
A $95mm Multifamily Portfolio consisting of 1,086 units along the Gulf Coast
2017
RREAF Acquires Place 10 Residential
RREAF becomes the active owner of Place 10 Property Management to become a vertically integrated company
2018
RREAF Opens the Cambria Hotel
RREAF opens a 126-room GUD Hotel in Charleston, South Carolina.
2019
RREAF Acquires Sunbelt 12 Portfolio
RREAF purchases a Multifamily Portfolio consisting of 3,600 residential units throughout the Sunbelt Region
2020
RREAF Acquires the Transcostal 21 Portfolio
21 Multifamily Properties consisting of over 4,000 units in Mississippi, Alabama, Florida, Texas, Arkansas, Louisiana, Georgia and North Carolina
2021
Southeast Multifamily Portfolio III
RREAF purchased a ten-asset portfolio in partnership with 3650 REIT and DLP Capital. The portfolio comprises 2,744 units primarily located throughout the southeast, with two midwestern properties built between 1998 and 2014.
2022
RREAF opens the Fairfield Inn and Suites
In partnership with Innisfree Hotels, RREAF rebuilt a former Best Western Beachside Resort that sustained damage from Hurricane Sally in 2020 to be a Fairfield Inn and Suites
2023
Margaritaville™ Resort Planned Development
RREAF joins Jimmy Buffet Inspired Franchise with two planned developments
2024
Celebrating 15 Years
RREAF celebrates 15 years in business, marking a decade and a half of growth, innovation, and investment success.
2025
Our Core Strengths & Abilities
Experienced
Our team brings 150+ years of collective high-level commercial real estate experience under one roof.
Creative
We focus on the macro “big picture” aspects of multifaceted real estate projects while also forming smart, creative solutions.
Connected
Our depth of experience and lasting relationships developed in the capital markets over the last four decades allow us to move quickly.
Profit-Driven
We maximize asset values through acquisition, development, repositioning, and financial engineering.
Proven
Our portfolio includes 90+ assets across the Sun Belt that represents approximately $4.6 billion AUM in various real estate asset classes.
Resourceful
We utilize innovative leaders and trusted advisors at the very highest levels in the commercial real estate, mortgage, and banking industries.

Stephen Patterson
Managing Director, Capital Markets
Team Member Spotlight
Stephen Patterson is the Managing Director of Capital Markets on RREAF Holdings' Capital Markets Team, where he contributes to sourcing retail capital.
Prior to joining RREAF Holdings in 2025, Stephen worked at Alden Investment Group and, before that, at Ameriprise Financial. Stephen received his Ed.D. from Stephen F. Austin State University, M.Ed. from Lamar University, and his B.S. from Lamar University.
Outside of work, Stephen enjoys playing golf, mountain biking, and spending time with his family.
“RREAF Charities mission is to have a direct impact on the local community through acts of service as it relates to family, faith, health, and education.”
Kip Sowden
CHAIRMAN / CEO
sponsored charities & non profits



RREAF CHARITIES
In 2025, the RREAF Charities Committee marked another successful year by raising over $100k in support of multiple local causes across the Dallas community, including ALS Association, Chef to the Shelters, First Tee of Greater Dallas, Cafe Momentum, the Kerrville Area Chamber of Commerce Foundation, Entryway, the Alzheimer’s Association, and Search Ministries. RREAF also continued its annual Blessing Bag initiative, providing essential supplies to individuals experiencing homelessness. In total, $109,000 was dedicated to helping uplift and strengthen the communities we serve.
recent accomplishments
Entryway
RREAF contributed $25,000 to support Entryway’s mission through board leadership and participated in the Multifamily Outlook event with a $2,750 sponsorship.
ALS Association
RREAF sponsored 6 teams at the Shootout ALS Event, contributing $7,500
to the Association.
Kerrville Area Chamber of Commerce Foundation
RREAF donated $50,000 through a combination of community fundraising and a company match to assist Kerr County in flood recovery and rebuilding.
Alzheimer's Association
Participated in and supported the Walk to End Alzheimer's with a $2,200 contribution.
Latest News
July 29, 2026
RR Living Recognized Among Multi-Housing News’ Top Multifamily Property Management Companies of 2026
July 21, 2026
Wall Street Bought Up Thousands of Single-Family Homes. Now, They’re Going Up for Sale