Our Story
Over the past 25 years, twins Mitch and Matt Painter – and an exceptional team – have built a diversified real estate / apartment investment business valued at $95MM. In that time, they’ve bought more than 1,500 properties across the Midwest. Today, they focus on acquiring apartment communities valued at $10MM-$95MM.
The Painter twins are actively seeking to acquire additional apartment communities. For owners, they offer important advantages. They are direct, local, and experienced buyers who make the process stress-fee for apartment community owners in transition. They offer to pay a premium, and to close quickly and efficiently.
Operating with the utmost confidentiality, the Painters never disturb tenants or current management. The Painter twins are serious buyers who’ve closed on $30MM worth of real estate in the past 18 months. Contact the Prestige team today to see why they are known for ethical relationships.
Company Metrics
$75M in Pre-Approvals
58-Day Average Closing Time
$100M Apartment Portfolio
25 Years in Business
$150M in Properties
Purchased
$50M in Equity
Available to Purchase
What Apartment Community Owners We Bought From Had To Say
“The brothers paid our full asking price…”
“Working with the Painter twins on the sale of our 102-unit apartment community was a pleasure. The property was built by our father and had been in the family for a long time. The decision to sell was a difficult, but necessary one. The closing was expedient, and items to work through minimal. The brothers paid our full asking price, and the title company did an excellent job throughout the process.”
Tom Spille
Apartment Community Seller
“The experience was great”
“One meeting with Matt and it was obvious he was a straight shooter. Working with him was a pleasure. He’s a mensch.” (That’s Yiddish for a person with integrity.) “The fact that they were local was a big deal. I did fine; they did fine. That’s how real estate transactions should work. If I had another property, I’d show it to the Painter twins before I did anything.”
Louis Peerless
Apartment Community Seller
“I have the highest trust in them and their word…”
“I’ve done hundreds of deals with them. I know them. I know their family. I have the highest trust in them and their word. And in their ability to perform according to the terms of the contract.”
Terry Monnie
Real Estate Attorney
“…they honor their commitments.”
“Mitch and Matt have bought several large apartment buildings from me. They’re very easy to work with. Even more important, they honor their commitments. I’d recommend the Painters to anyone considering selling.”
Skip Allen
Apartment Community Seller
Apartment Communities We Recently Purchased
92
Units
$7.7M
Purchase
$4.3M
Renovation
102
Units
$9M
Purchase
$5M
Renovation
Our Board of Advisors
Our board of advisors is an incredibly talented and diverse team of seasoned business executives. Our board meets quarterly with ownership to aid in strategic planning, help ensure they stay focused on key objectives, and offer advice on overcoming current challenges. Additionally, they diligently review updated financials and company key performance indicators to provide valuable insights. With their wealth of experience, they offer unique unbiased third-party solutions and alternate perspectives, contributing to the overall growth and success of the company.
Richard Barbercheck
- First Financial Bank Chief Credit Officer (Retired)
- Helped lead the expansion of First Financial Bank from a $1B to $8B Bank
- A passion to work with businesses to accelerate the achievement of their goals and driven by the opportunity to address complex challenges
- A highly effective, accomplished, forwardthinking, and goal-focused executive with 30+ years’ successful experience establishing and leading high-impact and effective business operations
Carolyn Hauger
- CFO of 10-9 Technologies, LLC and WeSolar, Inc and Audit Chair/Board member Jericho Energy Ventures (TSX:JEV)
- 35+ years of international finance and operational experience with P&G, EY, Clopay Plastics and Lion, Inc
- Specializes in crafting winning business strategies that deliver superior financial results
- A passion for building and inspiring high performance teams
Jim Neyer
- Real Estate Finance and Investment Leader
- Commercial Development and Construction
- Executive Vice President Al Neyer (Retired)
- Director of Real Estate Development Opus (Retired)
Mike Viox
Transformed Viox Services, a family-owned construction company with revenues of $15 million in 1992, into a publicly-owned facilities services company with revenues of more than $250 million dollars in 2017.
Our Mission is to be the
“I LOVE LIVING HERE!” PLACE.
We accomplish this by INSPIRING, EMPOWERING,
and ELEVATING our team to create communities
that make residents feel AT HOME.
What Team Members Have To Say
About Working At Prestige
“Deciding to come and work with Prestige was the best decision I made for my career. Being a part of a company that is growing and being able to give ideas and actually have them implemented speaks volume. When you are appreciated it makes a difference in a work environment. I love my Prestige Family!”
– Keirora, Property Manager
“It’s nice being a part of a small company and seeing it grow like it is! Everyone works hard to contribute to positive change, and to become the best we can. Management works with team members on new ideas, offering them a voice. Seeing the team get along so well makes me proud to be where I am.”
– Mark, Maintenance Technician
“I love working at Prestige! I started at the front desk and am now an assistant property manager! I’ve learned so much being at Prestige. It is a family environment, which is important to me. Everyone is always willing to help with anything and everything! We truly have an amazing team!”
– Trista, Assistant Manager
“Often organizations cling to ideologies and persuasive value models that are merely adhered to in word and never in practice: they are committed exclusively to building their brand and not their team. I chose Prestige as I immediately saw the unfolding of the opposite of this, even in the interview process. Leadership in this company esteems, in every facet, the thoughts, ideas and lives of every single employee. In turn, every person throughout Prestige takes faithful ownership of their work and pride in their craft and contributions because they are deeply supported and encouraged.”
– Jillian, Property Manager
We Are Helping Save The Black Rhino
When we embarked on our real estate journey in 1998, we had a clear vision that extended beyond our business goals. One aspect that holds great significance to us is our commitment to supporting animals in need. We firmly believe in the importance of giving back as responsible entrepreneurs. That’s why we’ve partnered with Vetpaw, an incredible organization that empowers retired US Veterans to protect wildlife in Africa, with a specific focus on safeguarding the endangered black rhino. If you’d like to learn more about Vetpaw and their impactful work, please visit their website at www.vetpaw.org.
To Discuss Selling an Apartment Community:
Mitch Painter
Principal
Jessica Centers
Acquisitions
Matt Painter
Principal
Megan Malmedahl
Acquisitions
