Most of my life, I was a blue-collar guy.”
DAVEVANHORN
POWER OF 100 “Shoot for the moon. Even if you miss,
you’ll land among the stars.” – Les Brown Dave Van Horn has set many lofty goals in his career, and he has an affinity for the number 100. As a real estate investor and property manager, his aim was to own 100 rentals. Later, as he transitioned to note investing, his goal was 100 notes. Now, as he and PPR have entered multifamily investing, he says his current dream is 100 multifamily properties.
also deals with investors directly and makes himself available for meetings with them. Just knowing they can reach a person—including the CEO—humanizes the experience and makes investors more comfortable, Van Horn said. “People have faith in us because we treat their money like it’s our own money,” he said. “It makes them more comfortable and confident with us.” Van Horn’s philosophy is to treat everyone the same, regardless of status at work or the size of investments. “You never know who you’re going to meet or where,” he said. Putting that into practice has served him well in all aspects of business. A man who previously answered the phones at one of PPR’s partner companies later started his own business, which he grew into a multibillion-dollar venture. He was offered a buyout from his company and now consults for PPR. Similarly, an investor who started out putting $25,000 into funds at PPR—the minimum— has become a multimillionaire who now invests more
home, while recouping much of the company’s investment through a lump sum arrears payment. PPR’s new affordable housing arm plays into the same aim of community stabilization. Affordable housing is a strong need in markets nationwide, but it’s often not profitable—and therefore most businesses won’t take it on. However, with PPR’s expertise in both multifamily and raising capital, Van Horn sees an opportunity to make a difference by working with its nonprofit partner to fill that gap for families across the country. THE HUMAN ELEMENT As Van Horn discovered through his networking groups, relationships are one of the most important assets a person can have in the real estate industry. He has built that into PPR’s DNA. Every investor is assigned to a direct point of contact so they never have to go through a chatbot or phone tree to get information. He
20 | think realty magazine :: october 2021
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