By Alison Walsh, TFG Phoenix
The Ferraro Group began working with Vancouver-based investment company Western Wealth Capital (WWC) in summer 2019, focusing on the company’s corporate social responsibility program “We’ve Got Your Back.” The program provides backpacks filled with district-approved school supplies to all children living in WWC’s apartment communities. The program has been in place for four years and together with their partners, WWC has given out more than $140,000 in school supplies. The program is the brainchild of WWC’s CEO, Janet LePage, who at 38 years old has created a company that has done close to $2 billion in transactions in the past five years and has given back in a wide variety of ways.
Some thoughts from Janet on giving back:
“Just over four years ago, I had a moment while preparing my children for the school year. I realized there was a tangible way my company could have an impact on the families and children that lay their heads to rest each night in our 65 apartment communities across the nation.
We serve a variety of residents, many in at-risk neighborhoods, where the financial burden of purchasing $100 or more in backpacks and school supplies each school year is a struggle. Through an initiative that Western Wealth Capital created called, “We’ve Got Your Back,” we’re lifting that weight off of their shoulders by providing each school-age child in our apartment communities throughout the Phoenix, Dallas, Houston, Atlanta and San Antonio metro areas with supplies that are suggested or requested by the local school district – as well as a brand-new backpack.
I believe that if our children have the tools they need, they will have confidence. And that confidence then creates a space for them to learn and be successful. That success changes futures. Not just for these children, but for the broader communities they positively impact.”
WWC continues to support its residents throughout the year by offering other programs to help families create positive memories, like the “Rent-Free Christmas” program. During Rent-Free Christmas, one deserving family at each WWC property is awarded a rent-free December, and one additional family is selected to receive food, toys and gifts for every member of the family.
WWC knows firsthand that these programs create a greater rapport between community managers and the families living in the community. They also create a bond between employees and their property management companies and create an even stronger work environment.
WWC has developed a proven, reliable system for investing in multifamily properties in key real estate markets across the U.S. The company offers investment partners the opportunity to invest in cash-flowing properties with substantial value-add opportunities. Since inception, WWC has successfully completed close to $2 billion in real estate transactions. The company was co-founded in 2014, by CEO Janet LePage and General Partner David Steele. WWC acquires underperforming multifamily rental properties and increases net operating income and valuation through an approach that has been successfully applied across an entire portfolio. To date, WWC has invested in the Phoenix, Houston, Dallas, San Antonio and Atlanta markets.
The Ferraro Group is proud to work with WWC to show the real estate industry and all employers that you can truly combine financial success with giving back to create a win-win for both investors and the community at large.
Janet was recently awarded the RBC Momentum Award for Women Entrepreneurs. Here are her comments on being recognized:
“Receiving the RBC Momentum Award is a huge honor that I am humbled and incredibly proud to accept. I would like to thank RBC and Women of Influence for creating a platform to showcase powerful women who are making both a financial and social difference. WWC is changing the way real estate investment operates, showing this industry that you can create wealth while doing business on human terms. Leading this change in an industry that has been doing business the same way for a very long time is both challenging and extremely rewarding. Prestigious awards like this help recognize the success we have had while doing it differently – creating wealth while improving the lives of the people who live and work at our properties.”
To learn more about WWC, visit www.westernwealthcapital.com.