MILWAUKEE, WI August 2022 – Continental Properties Company, Inc. (“Continental Properties”) a privately held national multifamily and commercial real estate developer, owner, and operator has announced the closing of its second real estate development fund, Continental Properties Real Estate Development Fund II, L.P. The fund held its initial closing July 13, 2022, with a total capital commitment of approximately $346 million to invest in suburban apartment communities developed and managed by Continental Properties with a total projected stabilized value in excess of $2 Billion.
At Continental Properties, our team recognizes the importance of helping each other learn and grow in our areas of responsibility. Mentorship programs are valuable for professional development, knowledge sharing, and fostering inclusion and diversity. Our Continental Creed honors team members’ dedication to perform their work “better than we have ever done it before,” and mentors are a crucial part of that process.
Continental fosters several opportunities for mentor and mentee relationships, advancing our One Team culture and helping team members develop their skills and expertise.
Earlier this week, Continental gathered for our Confab lunch event. Quarterly, team members from across the country gather in-person and virtually to hear transparent company news and perspectives that have an impact on Continental's performance and objectives.
Last week, Continental Properties held our annual Challenge Meetings at the Home Office. Challenge Meetings are a formal way for team members to meet with our senior leaders to share and discuss strengths, obstacles, ideas, and opportunities for improvement in an open and safe environment.
Continental Properties has several ongoing traditions that set our organization apart and help solidify our recognition as a Top Workplace USA. One of these traditions is the annual Challenge Meetings. At this meeting, Home Office team members meet with Continental’s senior leadership to discuss strengths and opportunities at Continental.
Continental has a tradition that sets us apart and helps solidify our spot on the Top Workplaces in Wisconsin. Each year, Continental's home office partakes in our Challenge Meetings. At this meeting, all non-director level employees meet with the Continental Officer group to have open conversations about what's working and not working at Continental. As this group meets, the Directors also meet with Jim Schloemer (CEO) and Dan Minahan (COO).
Tradition is defined as the "transmittal of elements of a culture from one generation to another...a coherent body of precedents influencing the present...a time-honored practice or set of such practices." After nearly 40 years, Continental has more than a few traditions. In mid-June, we participated in one of them, our annual Challenge Meetings.
As Continental grows, both numerically and geographically, it is becoming increasingly important for our company’s leadership to receive real-time feedback from employees throughout the entire organization. To achieve this we are implementing an innovative employee feedback tool – Loop. Powered by Workplace Dynamics, LLC, Loop is a system developed to facilitate and open the lines of communication between employees and the organization’s leadership – getting the right feedback to the right people at the right time.