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March/2024

Celebrating Women's Leadership and Real Estate Success at Multifamily Empire

At Multifamily Empire, we're elated by the insights shared in Fortune's article regarding the potential rise of more female CEOs in prominent companies. With women currently constituting only about 9% of CEOs in the S&P 500, it's heartening to witness the possibility of progress on the horizon. As a company co-founded by Delia Kong Lima, a revered leader and expert in finances and multifamily real estate, we deeply recognize the significance of both women and men in leadership roles.

Delia's tenure as our CFO epitomizes the belief that gender does not dictate capability in leadership. Both men and women are equally equipped to effectively lead teams and companies, fostering an environment where all individuals, regardless of gender, have the opportunity to thrive and excel.

This news also resonates profoundly as we commemorate Women's History Month. Throughout March, we've commemorated the remarkable contributions of women across various fields, including business and finance. Their invaluable achievements serve as a testament to the immense potential and capabilities of women in leadership roles.

Looking ahead, we maintain an optimistic outlook on the possibility of more women ascending to leadership positions in major corporations. The growing representation of women on corporate boards, as well as in investment, finance, and business, as highlighted in the article, signals a promising shift towards greater gender diversity in executive leadership.

At Multifamily Empire, we stand firm in our dedication to fostering an environment where women are empowered to attain top leadership positions. We praise the progress made thus far and continue to steadfastly support diversity, equity, and inclusion in every aspect of our business and industry.

Check the full article here.

MULTIFAMILY EMPIRE HIGHLIGHT OF THE MONTH

In a significant step forward, Multifamily Empire proudly announces its recent takeover of property management duties for two of its largest properties, Ariva and Luna Vista, in collaboration with Tower Multifamily. This strategic move marks a notable milestone for both Multifamily Empire and Tower Multifamily, solidifying their joint commitment to excellence in property management.

With the addition of Ariva and Luna Vista, alongside the recent acquisition of Enclave on Pioneer in February, Tower Multifamily now oversees the management of three prominent properties, totaling an impressive 559 units. This expansion underscores our dedication to providing top-tier management services and further strengthens our position in the multifamily real estate market.

But why take on such a significant endeavor? At Multifamily Empire, we believe in delivering the highest quality of service to our residents and investors alike. That’s why we created Tower Multifamily: by assuming management responsibilities for these properties, we aim to foster stronger community bonds and enhance the overall living experience for our residents. We firmly believe that when we invest in the well-being of our community, it reciprocates by fostering a positive environment that benefits both residents and investors.

We are honored to embark on this exciting journey of expanding our property management portfolio. We remain steadfast in our commitment to setting new standards of excellence and delivering unparalleled service to our residents and investors. Together, we're building communities where everyone thrives.

OWNERS WORD

This March, as we celebrate Women's History Month, we want to spotlight one of the amazing women who are part of the Empire Group: our CFO and Co-founder, Delia Kong Lima. With a background enriched by a Harvard diploma, experience in managing multifamily assets, and her tenure as a former Fortune 200 program manager, Delia's leadership is crucial in driving our mission forward. As our Chief Financial Officer, Delia leads our financial strategy. Her knowledge and leadership have been incredibly helpful in understanding the ins and outs of the real estate market and driving our company's growth, ensuring that our investments yield optimal performance and maximum returns for our investors. The recent news from Fortune, stating that S&P 500 boards are reaching a point where more female CEOs might be appointed, highlights the importance of female leadership in the corporate world. We’re proud to have a leader as intelligent, practical, and quality-oriented as Delia at the helm. In honor of not only Delia but all women in finance and real estate investment, we’re excited to host The WIRE (Women of Influence in Real Estate) Summit. This special event will offer valuable insights into the real estate industry and feature a panel of accomplished women sharing their expertise. While the panel will be women-only, we invite everyone to join us in showing support, gaining knowledge, and networking with remarkable industry leaders and fellow attendees. We're deeply grateful to Delia for her dedication and leadership, which are invaluable assets to our team. Her contributions to the Empire Group and the wider real estate community are immeasurable, and we're privileged to have her leading our financial strategy. Thank you Delia! - Empire Team

PARTNER VOICE

EMPIRE TIPS

1

Set Clear Goals

Before diving into networking, make sure you know what you want to achieve.

Whether it's finding new investment opportunities, getting advice, or growing your professional network, having clear goals will help you make the most of your networking efforts.

2

Follow Up Thoughtfully

Networking isn't just about making initial connections; it's about nurturing relationships over time. After meeting someone new, make sure to follow up promptly. Send a personalized email or connect on social media to keep the conversation going.

3

Attend Industry Events

Prioritize attending industry conferences, seminars, and networking events to meet professionals, follow trends, and expand your network. The WIRE Summit on April 6th is a great opportunity to connect with experts, learn about market developments, and network with investors. Don’t miss out on enhancing your investment strategy and building valuable real estate connections.

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