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

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_Website (1)

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.

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