At RISE, we believe improving lives is a good investment. Our approach to ESG isn’t just a set of polished policies put together because the market expects it—it’s a living, breathing, changing representation of our values and a natural impact of the work we do for the people we serve.
Through ethical business practices and sustainability, we redefine return on investment—so your investment in RISE is an investment you can feel good about.
At RISE, we have the privilege of providing thousands of families the place they call home. While many businesses provide products and services directly to customers, few of those have a bigger effect on well-being than housing.
Because we believe improving lives is a good investment, caring for our residents and the communities we’re a part of is key. The best way to measure the quality of our residents’ living experience is through resident feedback—and we’re proud to have exceptional reviews across the board.
"RISE Properties and Thrive Communities took over Artesia and made amazing improvements to the property. They helped me with issues by 'doing the right thing,' as they said to me. I want to thank them all for treating this community as 'people' more than a business."
"The staff have been absolutely amazing with helping me navigating some issues I was having. They went above and beyond to ensure I was taken care of, thank you!"
"I wanted to say thank you to the team at Salix at Juanita Village. I truly appreciate the sense of community and hiring a great group of people in the office. Thank you!"
"The maintenance supervisor helped me during an incident late at night. I have no family around, so for me, his help was priceless. He did it not because it was part of his duties, but out of compassion and empathy, a gesture that I will never forget and for which I will be forever grateful. Thank you."
"I have been living in Westwynd for 10 years and Nick is by far the BEST manager we have had. The pandemic is making life seem so strange. Thank you for always listening and I appreciate Nick is the kind of manager that actually cares about the residents. Thank you!"
"Living at the Joseph Arnold Lofts has been a wonderful experience partly due to the staff of Thrive Management. This building is like a Shangri-La, or as I like to say, a hidden gem in the heart of Seattle. The staff at Thrive never disappoints and continue to help make living here a wonderful experience."
Five-year total charitable giving projection:
We’re not just passionate about serving our residents in their homes—we see them as important members of the broader community, too. We’ve committed to giving time and funding to organizations that directly serve the communities in which we operate.
We donate our time to several organizations, including:
At RISE, we provide more than 6,200 homes to residents—and the water and energy it takes to make those homes livable and comfortable has an environmental impact. That’s why we’ve implemented water- and energy-saving capital improvements throughout our communities, along with providing opportunities for residents to make easy decisions to conserve resources and recycle themselves.
Each asset we acquire goes through extensive due diligence with environmental impacts in mind. In addition to assessing for environmental risks such as contamination, and ensuring adequate resident access to recycling, we also assess the properties' total water and energy usage. When feasible, we target solutions to reduce 15% of total water usage and 15% of total energy usage. Water savings are achieved by installing low-flow water fixtures such as faucet aerators, showerheads, and toilets. Energy savings are achieved through LED lighting retrofits, installing energy-efficient appliances, insulating pipes, among others. We are also installing electric vehicle charging stations where possible. We’ve installed thousands of various efficiency units throughout our portfolio to date and are committed to continuing our efforts.
As a result of our improvements, we’re saving an estimated annual:
gallons of water1
29.4 metric tons
1 For illustrative purposes only. Calculations based on average anticipated savings as indicated by third-party environmental consultants.
From the beginning, RISE has been committed to upholding the highest ethical standards to ensure responsible investing. We aren't capital markets people who bought apartments—we're apartment people who started a fund so our friends and family could invest in apartments. Because of this, transparency and alignment with our investors was a priority from day one.
Annual pre-tax return to investors before any management performance fees
Why it matters?
Management’s performance is linked to investor returns, with investors earning their returns prior to management. Additionally, management’s bonus is earned as interest in the fund, creating incentives for long-term performance and sustainable business decisions.
Not only is management’s performance bonus tied to investor returns, management is heavily invested alongside investors. Skin in the game ensures management takes on risk alongside unitholders—and always strives to protect invested capital.
RISE provides timely, up-to-date information on how the fund is doing every quarter. Clear, concise reports establish transparency into the operations of the fund, providing security and verification that RISE is doing what it says it will do. RISE financials are audited annually, establishing authenticity and impartiality.
Net asset value calculation utilizes independent third-party property appraisals
Why it matters?
Third-party valuations ensure real estate is accurately valued, removing the potential to overvalue and protecting investor capital via realizable valuations. RISE rotates appraisers every three years to maintain impartiality, providing for a verified and replicable asset value.
Our thoughtful team of professionals is committed to our core values: Do the Right Thing, Be a Great Place to Work, and Be the Best. With these values as our North Star, we’re driven by our belief that improving lives is a good investment. Our approach to ESG isn’t just a set of polished policies put together because the market expects it—it’s a living, breathing, changing representation of our values and a natural impact of the work we do for the people we serve.