Joseph Bramante, MBA, CCIM's Avatar

Joseph Bramante, MBA, CCIM

ENGINEERING PRECISION MEETS REAL ESTATE Joseph Bramante isn't your typical real estate entrepreneur. With a background as a business team lead at ExxonMobil, a Bachelor's in Civil Engineering from Louisiana Tech University, and an Executive MBA from the esteemed Rice University, he brings an engineer's precision combined with top-tier business acumen to the multifamily investment landscape. FROM EXXONMOBIL TO REAL ESTATE While stationed in Papua New Guinea for ExxonMobil post the 2008 housing collapse, Joseph's interest in real estate was ignited. His analytical mindset, backed by a 4.0 in Mathematics, led him to meticulously plan the acquisition of 80 rental houses. When banks turned him down, a pivot to multifamily properties set him on a new trajectory. OVERCOMING CHALLENGES WITH DETERMINATION Joseph's first multifamily property acquisition in 2011 was fraught with challenges - from high vacancy rates to asbestos issues. But with determination and a problem-solving approach, he turned potential losses into a 200% return on refinancing. TRIARC REAL ESTATE PARTNERS In 2013, Joseph co-founded TriArc, a multifamily investment company. Under his leadership, TriArc has: - Completed transactions worth over $375M. - Owned/operated 2,500+ units. - Acquired and renovated 14 properties, boosting net operating income by up to 80%. - Achieved an impressive average investor IRR of 23.5%. A VISION FOR THE FUTURE Joseph's journey, from an engineer to a real estate mogul, showcases his adaptability, foresight, and pragmatic approach. With an MBA from Rice University under his belt, he's not just about numbers; he's about strategically leveraging opportunities for optimal growth, backed by a solid educational foundation.