Venterra Realty has made a strategic move to strengthen its development team with the appointment of Steve Fritzer as Director of Development. This appointment signals the company’s commitment to expanding its portfolio of purpose-built rental home communities, known as Build-to-Rent, across Texas.
Fritzer brings a wealth of experience and expertise to Venterra, having spent over 30 years working in development and construction management roles. His diverse portfolio includes projects ranging from 55+ active living communities to hotels, grocery-anchored plazas, and retail stores. His recent experience working with a leading Build-to-Rent developer in Texas has honed his skills in creating rental communities of single-family homes and townhomes that cater to modern living preferences.
In his new role, Fritzer will be responsible for identifying suitable development sites, overseeing design and construction processes, and collaborating with Venterra’s internal teams to ensure successful community leasing. Beyond focusing on Build-to-Rent projects, he will also contribute to Venterra’s exploration of other product types, such as 55+ active living, and support the company’s pursuit of larger master-planned land developments.
Venterra’s leadership is enthusiastic about the expertise and versatility Fritzer brings to their already robust development team. John Foresi, Venterra CEO, highlighted the significance of this appointment, stating, “Steve’s appointment marks a significant milestone for Venterra as we expand our residential product line. His vision, innovative spirit, and extensive development experiences are exactly what we need to navigate the promising Build-to-Rent landscape.”
Andrew Stewart, Venterra Chairman, echoed this sentiment, emphasizing the strategic nature of Fritzer’s addition to the team. “Bringing Steve into the Venterra team is a strategic move that aligns with our vision for Venterra’s future. His expertise and passion for development are rare to find, and I am confident that he will help us make great progress in these development initiatives.”
Venterra Realty is a leading developer, owner, and manager of residential properties, with a portfolio spanning approximately 90 communities and 26,000 apartment units across 21 major US cities. The company provides housing to over 50,000 residents and 15,000 pets. Venterra’s commitment to delivering exceptional customer experiences has resulted in a portfolio valued at approximately $5.5 billion. The company’s mission is to enhance the lives of its residents by providing high-quality housing and exceptional service.
