Our Management Team
Ernie Rivas
Director of Acquisitions
Since 1995, Mr. Rivas has been involved in all of JHREP’s acquisition of approximately 10,000 units, which include its current holdings. Mr. Rivas’s responsibilities include the procurement of investments, obtaining entitlements of development projects, coordinating the due diligence process, overseeing the escrow process and assisting with potential investment underwriting. He has been actively involved in commercial and multifamily real estate for more than 30 years.
Mr. Rivas attributes his success at JHREP to his ability to network and develop business contacts and to use innovative investment strategies such as reverse condominium conversions as well as to utilize pubic securities notices to identify extremely undervalued properties.
He began his real estate career in 1978 with Whelan Real Estate, a real estate brokerage company specializing in multifamily residential properties. Mr. Rivas was the top producer during his entire tenure at Whelan Real Estate. As Whelan Real Estate evolved into a development and real estate operating company, Mr. Rivas became an investment partner and expanded his responsibilities to include: procurement of investment capital, multifamily acquisitions and dispositions, financial analysis, due diligence, financing negotiations, plus obtaining entitlements of development projects and condominium conversions. In 1992, Mr. Rivas joined JH Properties, Inc., the predecessor to JHREP, which at the time was owned by Mr. Aviles. Mr. Rivas specialized in representing investors, property owners, lenders, including the RTC, in the acquisition and disposition of distressed apartment investments.
Mr. Rivas is a current member of the National multifamily Housing Council as well as the International Shopping Center Council. He has been a licensed California Real Estate Broker since 1980.