About Ten27
Ten27 Group was founded by Mitch and Kevin Renda in pursuit of their passion, real estate. They take a keen focus on value-add deals in the Midwest. They pride themselves on finding the inefficiencies in multifamily properties and optimizing the asset to its fullest capabilities. They both have strong backgrounds in finance and accounting which combine ideally with the optimization of real estate assets. They began the business with a focus on targeting dilapidated multifamily and commercial assets and strategically renovating/repositioning those assets.
Ten27 holds a unique advantage being that both Mitch and Kevin come from backgrounds dealing exclusively with financial analysis and modeling. Both possess unique approaches to underwriting. While Mitch underwrites and analyzes deals from an optimization approach, Kevin takes a risk-averse approach with an emphasis on ensuring there are no vulnerabilities. The combination of these two approaches provide for a well-balanced deal that has been effectively optimized and excessively stress tested.
We have successfully created multiple diverse, cash-flowing income streams. Our goal is to present these types of opportunities to others who want their money to work for them as ours does for us. Real Estate differentiates itself by providing an array of benefits that aren’t achievable through traditional asset classes such as mutual funds, stocks, bonds, etc. Whether you are a seasoned Real Estate investor or you are preparing to dive into your first deal, you are in the right place!
Check out the Learn section of our site and find out what role Real Estate can play in your future.
Mitch Renda
Within Ten27 Group, Mitch focuses on strategic analysis as well as investor relations. His approach to underwriting/modeling and deal analysis is done through an optimization lens. His background in financial modeling and strategic business development within fortune 100 companies helps him target value-add that is not currently implemented under the ownership of the properties we evaluate and implement those programs to achieve an optimal NOI. Mitch has experience successfully executing value-add business plans on several projects. He takes an optimization and value-creation approach to his valuation of prospective deals and creation of business plans. He most recently co-founded Ten27 Group, a real estate investments firm. Mitch graduated from Penn State University with a degree in Finance and a minor in Accounting. He spent multiple years in FP&A and Financial Management roles at General Electric and Honeywell, two Fortune 100 companies. In his last roles with Honeywell Intelligrated, Mitch served as Income Statement Leader for the $3B company. He also stepped in as Director of FP&A and managed a team of four.
Kevin Renda, CPA
Within Ten27 Group, Kevin focuses on strategic analysis and operational oversight. His approach to underwriting/modeling and deal analysis is done through a risk sensitive lens. His background as a CPA helps him to better understand the dynamics between various aspects of financial models including some of the more complicated line items such as property taxes. Kevin has experience successfully executing value-add business plans on several projects. He takes an analytical and risk-sensitive approach to his valuation of prospective deals and creation of business plans. He most recently co-founded Ten27 Group, a real estate investments firm. Kevin graduated from Ohio State University with a degree in Accounting and a minor in Data Analytics. He is a licensed CPA and began his career at Ernst & Young in Chicago, Illinois where he served both public and private clients in various industries including Real Estate, Architecture, Retail, Manufacturing and Software. As a CPA at EY, he focused on audits of the Revenue, Asset and Equity accounts for his clients. He was responsible for testing various accounting and operational business processes for his clients.
Our Team
