RPM’s objective is to provide our partners with above market return on their investments and at the same time provide our customers with the highest quality services.
RPM MANAGEMENT, INC. (RPM) is a privately held Management and Investment firm founded in 1995 by Gidon Rosman and Eyal Kanitz. RPM has invaluable experience with rent-controlled properties, tax planning, and legal concerns regarding the development of innovative strategies for real estate investment profit maximization. Currently, RPM manages over 80 real estate portfolios which, in total, represent approximately 2,000 units with a total asset value of $95 million dollars.
RPM seeks attractively valued situations and applies its entrepreneurial creativity to generate superior returns. Each investment is geared towards protecting capital investments, while applying prudent leverage, and thereby optimizing risk. RPM believes that its daily commitment to add value by delivering excellence and integrity will be expressed through long term success. It is RPM’s goal to provide its staff with a progressive work environment with room for personal growth within a team structure.
The key to RPM’s success is based on a two step process. RPM first focuses on the entry strategy by applying fundamental valuation and market analysis to carefully screen and select an acquisition target. Then, upon acquisition, the firm’s operating skills and management experience are applied to create value. RPM believes in emphasizing organic growth while recognizing optimal exit options.
RPM is a full-service real estate investment company that provides Real Estate Brokerage, Investment and Property Management services. Its principals have compiled over 40 years of experience in diverse business ventures encompassing hundreds of projects and properties.
Real Estate Investments
RPM begins developing investment portfolios by establishing long term relationships with investors and structuring partnerships to execute real estate acquisitions. Once financial parameters are determined and the financial goals are set, RPM begins to conduct extensive research through the use of industry insiders and computerized databases. Potential properties are evaluated on investment scenarios derived from in-depth analysis and site visits. RPM’s value-based investing framework is oriented on seeking properties that have not realized their full potential. After conclusions are drawn, RPM presents its recommendations to the partnership. A target is then identified and RPM structures financing with a banking entity and leads negotiations to close the deal. In most cases, RPM establishes a legal entity to hold the acquired asset.
Real Estate Management
Once acquisitions are complete, portfolios are managed based on the underlying objectives defined by the investors. Objectives will typically include one or more of the following strategies:
· Property management for long term hold
· Multi-unit property repositioning
· Condo conversion
· Residential expansion and upgrade
· Multi-unit development
RPM is a flexible organization that operates within the Southern California marketplace. As a Management organization, we utilize our financial, marketing and technical skills to respond to property needs by applying proactive problem solving capabilities to maximize property objectives.
Property Management of apartment buildings in Los Angeles is our core business. The firm currently manages over 100 properties, consisting of more than 2,200 units, valued in excess of $300 million.
Real Estate Development
In 2007 RPM completed a 45 unit Condo project in Winnetka, California and is now in the final stage of completing construction on an 18 unit project in Brooklyn, New York.
That same year, RPM purchased four (4) properties in Costa Rica. RPM’s goal is to subdivide and develop those properties into communities.
The first project is “Diamond Cove” (www.kalialiving.com). The project includes 95 home sites and over 400 condo units on a 360 acre beachfront property. RPM syndicated an investment group for a total investment of $5,440,000. The process included a thorough due diligence process. A sophisticated legal structure was developed that also included establishing holding entities both in the USA and Costa Rica. A series of agreements were created with the developer “Kalia Eco Living.” A Private Placement Memorandum (PPM) was distributed to and signed by all investors. That project is funded and it is moving according to schedule.
RPM is the developer on three (3) additional projects in progress in Costa Rica. One of the projects is now being prepared for disposition. The remaining two projects are currently being funded by RPM, but the goal is to offer these properties as investment opportunities to investors. The investment needed for each project is in the range of $1,700,000 to $5,000,000. The projects time horizon is 5 years. The principal invested should be returned in 2 years and, after that, the overall return should be in double digit (150% in 4 or 5 years).
As President of RPM Management, Inc., Gideon Roseman focuses on real estate trading, management, and investments. Mr. Roseman has a rich accounting and business background that includes a bachelor’s degree in Accounting and Economics from Tel Aviv University, a seat on the Board of Directors for Raindance, and partnership in a multitude of investment portfolios. Mr. Roseman’s innovative business experience and charisma has engineered RPM’s outstanding prolonged success as a Los Angeles real estate management company.
Eyal Kanitz, MBA
Eyal Kanitz is Chief Executive Officer of RPM Management and is responsible for property management, brokerage, negotiations and administrative management. Mr. Kanitz has a wealth of business experience. Prior to working for RPM, Mr. Kanitz obtained an MBA from Pepperdine University and then worked as Vice President and Chief Financial Officer at The LKR Group, Inc.; RPM has benefited enormously from Mr. Kanitz’s sharp communication skills and energetic leadership.