Renters Warehouse CFO Charles Wyatt Named One of the Minneapolis St. Paul Business Journal’s 2017 CFO of the Year
EDEN PRAIRIE, MN (PRWEB) September 22, 2017 - Renters Warehouse is thrilled to announce that its Chief Financial Officer, Charles Wyatt, has been named one of the Minneapolis St. Paul Business Journal’s 2017 CFO of the Year honorees.
The CFO of the Year awards recognize the achievements of financial officers who play a vital role in making businesses, institutions and nonprofits successful. Its honorees are outstanding financial leaders at Twin Cities companies large and small.
Charles joined the Renters Warehouse team in early 2016, amidst an acquisition by Minnesota’s own Northern Pacific Group. From day one, he was instrumental in steering the very entrepreneurial company into the corporate big leagues at record pace and has played a key role in the company’s on-going capital raising.
In the past year alone, Renters Warehouse has experienced monumental growth and has made significant strides towards a potential public offering in just a few short years. Charles has worked tirelessly to help reinvent the company’s growth and operations model to scale faster than ever before. As a result, Renters Warehouse has added thousands of properties under management through strategic acquisitions and franchise buybacks, partnerships and takeovers. At the end of 2016, it saw a growth of 130% and an increase in 230% of the total properties managed within the organization.
“Such growth would not have been possible without Charles’ financial leadership,” shared Renters Warehouse CEO Kevin Ortner. “Charles has a true understanding of how to collaborate with key stakeholders in the organization to determine how best to deploy resources for a maximum return. He is an invaluable member of our executive team and is very deserving of this honor.”
In addition to being a steadfast CFO who has adeptly navigated complex financial transactions and introduced innovative support platforms for the company, Charles also leads the Renters Warehouse Human Resources department, and played a crucial role in building and maturing the company’s HR policies. The company has grown from 60 employees to over 170 nationwide in less than two years.
When Charles isn’t crunching numbers, he’s one of the first faces you will see at every Renters Warehouse charity event, cheering his team along. He is a big believer in championing the company’s “give back” spirit throughout the corporate culture by enabling both local and national employees to participate in community-driven company events and initiatives at least once a month.
Charles and fellow honorees will be honored on Thursday, November 9th at an awards luncheon at JW Marriott in Bloomington.
About Renters Warehouse
Renters Warehouse is one of the fastest growing and highest reviewed residential property management companies in America. Backed by growth equity investor and majority stakeholder Northern Pacific Group, and under the leadership of President and CEO Kevin Ortner, Renters Warehouse now manages more than $3 billion in residential real estate, servicing 13,000+ investors across 20,000+ residential homes over 42 markets and 25 states. NPG Managing Partner Scott Honour, who in 1999 was a founder of YapStone, a leading online rental property payment service provider, serves as Chairman.
Renters Warehouse expertly serves everyday single-property homeowners as well as real estate investors. In 2015, the company officially trademarked the term Rent Estate™ to redefine the entire SFR (Single Family Rental) industry as more traditional real estate gives way to this new lucrative asset. Through their dedicated Portfolio Services Division led by Chief Investment Officer Anthony Cazazian, the company also brings professional, scalable and efficient single property management solutions to investment portfolios with both centralized services and local market expertise and staff. Not only has Renters Warehouse received the prestigious honor of being included on the Inc. 500 | 5000 list of fastest-growing privately held companies in America eighth consecutive years in a row, it was also named one of the “Best Places to Work” in Minnesota (where they are headquartered) by the Minneapolis St. Paul Business Journal in 2010, 2011, 2012, 2014, 2015 and 2016. The company was also honored as a best place to work in Arizona (a centralized corporate services center) by the Phoenix Business Journal in 2013 and 2014, and achieved a spot on the prestigious 2016 Top Companies to Work for in AZ list. Nationwide, Renters Warehouse has been honored as one of America's "Best Places to Work" in 2012, 2014, 2015 and 2016 by Outside Magazine. Recognized as pioneers in real estate, business management and innovation, Renters Warehouse has been awarded 22 Business Stevie Awards both internationally and stateside.
In 2017, Renters Warehouse received an “A” rating from the Better Business Bureau (BBB) after meeting the BBB’s eight Standards of Trust and earning BBB Accreditation. In 2016, Morningstar Credit Ratings, LLC, a nationally recognized statistical rating organization (NRSRO) offering a wide array of services including operational risk assessments, assigned its MOR RV2 residential-vendor ranking to Renters Warehouse as a residential property manager, indicating that the company demonstrates proficiency in managing key areas of operational risk.
In 2017, Renters Warehouse published its first book - Rent Estate™ Revolution. Authored by CEO Kevin Ortner, the book shares the Renters Warehouse philosophy and business expertise around single-family rentals and the power of Rent Estate to drive long-term wealth creation, retirement security and financial freedom for the everyday person. Sign up for updates now at: http://www.rentestaterevolution.com.
SOURCE Renters Warehouse