The State of OUR Economy - 2023
Sponsored by:
Andrew Davis
Andrew Davis is the Director of Investor Success at DLP Capital, a vertically integrated private real estate investment and financial services company focused on making an impact by acquiring, developing, and building relationships, housing, leaders, and organizations.
Andrew has raised over $500,000,000 for commercial and residential RE over the last 3 years, and has been personally investing in RE for over 10 years. He is dedicated to building lifelong relationships with investors founded on trust, competence, and service.
He lives in West Asheville with his wife Isabel, and twin baby boys, Alistair and August.
Wes Reinhardt
Wes Reinhardt is President and Co-Founder of Altamus, LLC, a full-service property management firm specializing in commercial real estate. He holds the professional designation of Certified Property Manager (CPM®) awarded by the Institute of Real Estate Management and considered to be among the industry’s premier real estate management credentials. His career life spans more than 20 years and includes valued experiences that range from Wall Street to Main Street.
Since 2004, he has been immersed in all aspects of commercial real estate including brokerage, sales, leasing, design, development, project management, facility operations and property management. Prior to establishing Altamus, he was Vice President at FIRC Group, a full-service real estate investment firm with properties throughout the Southeast.
In addition to the title of Vice President, he was a development partner in several signature projects and the Broker-in-Charge of FIRC Group, NC, Inc. During his tenure, his responsibilities transcended multiple market sub-sectors including retail, office, mixed use, hospitality and land.
Wes has established a reputation built on quantifiable results. He played an integral role in revitalizing the region’s oldest neighborhood shopping center, assisted in the strategic repositioning of a faltering independent boutique hotel and facilitated development entitlements for numerous multimillion-dollar projects. In all cases, hands-on management played a critical role in achieving those successful results.
Wes possesses an expertise for navigating the challenges of the Asheville municipal development ordinances and has extensive relationships with department personnel who oversee planning, permitting, code compliance, zoning and safety. Other professional attributes include a keen ability to manage the relationship dynamics inherent between Landlord and Tenant. He has been highly effective in managing delinquency issues and understands the legal complexities involved in tenant collections and defaults. His relationship management skills also extend to owners and vendors. He maintains a deep pool of vendor resources, which provide owners with the value proposition of choice and transparency.
The guiding principles of his real estate management philosophy are built upon accountability, efficiency and execution, shaped in part by his early career experiences as a commodity trader where he learned the critical importance of business ethics, discipline and risk management. Wes is a licensed North Carolina Real Estate Broker, a member of the National Association of Realtors, a member of the Charlotte Region Commercial Board of Realtors, the former President of the Commercial Investment Real Estate Association of Western North Carolina, a member of the Asheville Chamber of Commerce, a member of the International Council of Shopping Centers and a member of the Institute of Real Estate Management. His CPM® designation makes him 1 of only 8,600 professionals worldwide who hold this coveted accreditation.
Chris Youngblood
Chris Youngblood is a Senior Vice President and Area Executive for First Bank in Asheville. Chris joined First Bank’s Commercial Banking team in January 2020 after 13 years with RBC Bank, and later, PNC Bank’s Business Banking and Corporate & Institutional Banking teams.
He moved to Asheville in 2005 from Nashville, Tennessee, where he started his banking career with AmSouth Bank (now Regions Bank) in 2003. Chris leads a team of commercial bankers in Asheville and focuses primarily in the commercial and industrial space, but is also involved in commercial and multifamily real estate lending, as well.
Outside of the bank, Chris is married to his wife of 23 years, Courtney, whom is the General Manager at WLOS/WMYA-TV. Chris serves on the board of directors for Homeward Bound of WNC and Asheville Music School. Courtney and Chris are both proud graduates of the University of Georgia.