CO-FOUNDER And VP | OPERATIONS
ABOUT, DEBORAH NEWSOME
TriArc Real Estate Partners co-founder and vice president of operations Deborah Newsome is known for being a straight-shooter. In addition to overseeing all aspects of third-party-owned property operations, Deborah is responsible for overseeing and growing the company’s portfolio in Corpus Christi. Dedicated to personally directing new business, she relocated to the city in January 2019. Most of Deborah’s clients are real estate investors with full-time jobs seeking to best position themselves for retirement. Each has unique property management goals, and the diverse expectations can be a real challenge. The due diligence process is an excellent tool to help clients understand property performance issues. By analyzing local market trends, comparable sales, and actions taken by the previous management company, Deborah can assess a property’s true potential and generate a plan to increase net operating income. It’s a skill that’s enabled her to routinely improve performance on challenging properties.
She’s been in the industry since 1990. El Campo, the small town where she grew up, offered limited opportunities after high school. Uncertain about what she wanted to do with her life, Deborah followed a friend to Austin. The friend worked as a part-time leasing consultant at the residential community where they lived, and Deborah took over the position after she changed jobs. In less than a year, a full-time position opened at her employer’s second property, located in Houston, and Deborah transferred to be closer to family.
Looking back, “leasing agent” was one of Deborah’s favorite roles. Residents were so excited when they picked up their keys and helping people find a home was immensely satisfying. Everyone had a story – single moms, college students — and Deborah loved making sure all were well-cared for.
Before co-founding Kindred Residential in 2012 and TriArc in 2016, Deborah advanced her career accepting positions of increasing responsibility at top real estate firms including Lincoln Property Company, Fairfield Residential, Sentinel Real Estate, and Gables Residential. She has completed numerous large renovations and new construction lease ups. As a senior business manager at Lincoln, she simultaneously directed a $3.5M renovation on a 168-unit class A property and $1.5m renovation on a 96-unit townhome community, gutting each unit, executing improvements, and completing what would typically be a two- or three-year project in only 18 months. She increased overall monthly rent by $350/unit and was recognized with the prestigious Golden Medallion award for her achievement. Deborah’s diverse background and experience spans property classes (A++ to D-) and styles (garden to high-rise).
Deborah is a member of both the Houston and Corpus Christi Apartment Associations. She holds a Texas real estate license and is an Institute of Real Estate Management (IREM) Certified Property Manager (CPM) candidate.