Eastern Partners has over 100 years of experience in various roles such acquisitions, development, fund management, asset management, brokerage, financing & lending, bankruptcy loan resolution, and dispositions.
Reiner A. Brasch
As a co-founder of Eastern Partners in 2004 with longtime business partner Chris Cooper, Mr. Brasch brings over 30 years of real estate experience, overseeing projects ranging from the complete redevelopment, re-branding, and re-marketing of a one million square foot office and hotel project to the development of high-end resort properties in Colorado, Texas and Georgia. Other activities include oversight of the firm’s asset management, marketing, sales and acquisitions activities. Beginning his career in the commercial office building sector, he has vast experience in the high-end finish out of millions of square feet. This experience has been invaluable as it has related to other construction and development.
Current projects under Mr. Brasch’s oversight include the Villas at Cortina Condominiums (www.villasatcortina.com), consisting of twelve luxury ski in, ski out condominium homes in Telluride, Colorado, and the 505 Ranch Club (www.505ranch.com) on Cedar Creek Lake (outside of Dallas), encompassing 56 lakefront home sites on a fully amenitized working ranch. Additionally, he oversees Eastern’s Atlanta REO acquisition program, a venture created to purchase discounted bank-owned property in the Atlanta metro area, Hollytree Country Club (www.hollytreecc.com), a private golf community in Tyler, Texas, the 136-lot Highlands at Newnan Crossing subdivision, and the development and oversight of the firm’s ultra-high-end single family residences.
Mr. Brasch graduated with a BBA from Southern Methodist University in 1985. He is actively involved in numerous business organizations as well as being a former board member for the Episcopal School of Dallas’ Dad’s Partnership. Mr. Brasch has been happily married for 26 years and has two wonderful daughters. He enjoys traveling, golf and spending time with his family.
Mr. Edwards joined Eastern Partners as a partner and founder of the Telluride Investment Partners platform and is active on all of the Telluride projects. Over the past 15 years, Mr. Edwards has been one of the most active developers in the Telluride market with more than $100 million in transactions, including several current projects. Edwards’ track record includes some of the largest zoning approvals in the history of the region. He began in Telluride in 2000 with the acquisition of a troubled development parcel, and since then, Edwards’ experience has included two slopeside residential developments that have led to several of the current opportunities.
Mr. Edwards lived in Telluride full‐time for 3 of the past 15 years, where he served as chairman of the Town’s Design Review Board (Mountain Village’s planning and zoning commission) during some its most prolific days in 2005 and 2006. While on the Board he worked to approve projects totaling more than $1 billion in development. In addition to the Cortina project which is nearing completion, Mr. Edwards and Eastern are working on the first private development of local, work‐force housing in Mountain Village, and working with the Telluride Ski and Golf Company to explore an alliance that would lead to development and redevelopment housing and hospitality opportunities.
Prior to joining Eastern, as a principal of Monarch Development Partners, Mr. Edwards drew on his 25 years of experience in real estate development, redevelopment, acquisitions, asset underwriting and project management, including company projects totaling more than $75 million. Under Mr. Edwards’ direction the company built and sold over 40 single‐family homes, ranging in price from $250,000 to $3,200,000, and totaling more than $25 million.
In prior positions, Mr. Edwards worked as a principal for Lone Star Opportunity Fund, providing acquisition and underwriting services, including the acquisition and development of resort projects in Mexico, retail redevelopment projects in Florida, Pennsylvania, Eastern Canada, and multifamily portfolio acquisitions in California, Canada, and Texas. Previously, Mr. Edwards served as Vice President of Redevelopment with Insignia Financial Group, as a Portfolio Manager and Vice President of Asset Management for First Gibraltar Realty Advisors, a $3 billion asset management firm owned by MacAndrews & Forbes. He also worked as a Portfolio Manager and Managing Officer for the FSLIC and FDIC, during which time these organizations seized and disposed of more than $5 billion in real estate and loans from failed institutions such as Silverado Savings, Key Savings and First Texas Savings.
Mr. Edwards began his career with the accounting firm of Arthur Andersen & Co. in Dallas, and graduated with a bachelor’s degree from Southern Methodist University. Edwards enjoys spending time with his family, including traveling and fishing with his girls. He has been married for more than 18 years, is an avid runner and writer, and he is active in his church and the thespian activities of his two daughters.
Chris Cooper, Director
Mr. Cooper co-founded Eastern Partners and currently serves on the Board of Directors. Mr. Cooper is CEO of Oilfield Water Logistics, LLC and Managing Partner of OWL Investments. He previously CEO and founder of Oilfield Water Lines, LP, which sold substantially all of its assets to NGL Energy Partners (NYSE: NGL) in 2013. Mr. Cooper began his investment career at private equity firm Olympus Real Estate Partners, HM Capital’s real estate fund, following work at Ernst & Young. Mr. Cooper received a BBA in Finance and BA in Political Science from Southern Methodist University, and an MBA from The University of Texas at Austin.
Roger Johnson, Director
Mr. Johnson serves on the Board of Directors for Eastern Partners, and is currently Chief Investment Officer of Oilfield Water Logistics, LLC and a founding Partner of OWL Investments. Previously, Mr. Johnson was a co-founder and the first investor in Oilfield Water Lines, and was active in the company’s formation and financial structuring. Mr. Johnson has an extensive network of relationships in the industry and actively sourced deals for OWL. He has several decades of experience in investing in minerals, overrides and working interests in various oil and gas assets. Mr. Johnson earned his BS in Finance from Louisiana State University and his MBA from Tulane University.