Inside Forza: An Update on the Company’s Real Estate Portfolio
- Rehab Industries
- Aug 25
- 3 min read
Updated: Aug 26
Since joining Rehab Industries in early 2020, Forza's properties have made huge strides in both commercial and residential developments. Guided by a commitment to building stronger communities and offering quality affordable living without sacrificing style or amenities, the team has cultivated vibrant commercial hubs and thoughtfully designed residential communities.
Years later, how have these properties continued to uplift communities, bridge the gap between quality and affordability, and pave the way for Forza's growth and expansion? The team follows a unique process that consistently promotes success.
The Forza Formula: How the Team Manages a Vast and Diverse Portfolio
With more than 20 commercial and residential properties, the Forza team divides the management of each property into two categories:
Property management: manages the day-to-day supervision and administration of a property on behalf of an owner, collects rent, coordinates the property’s maintenance and repairs, and keeps track of the property’s income and expenses.
Asset management: oversees the property’s financial performance, optimizes a property’s long-term value, manages cash flow, reviews insurance policies and placements, negotiates third party contracts, and focuses on investment strategies.
Although the way Forza manages all properties is divided into two categories, the company assumes the position of property manager and asset manager for all commercial buildings.
Forza’s Vast Portfolio: How Are the Properties Performing?
Commercial Property Performance:
The Forza team oversees multiple commercial properties between Rehab Medical and Cork Medical. Currently, each commercial property is fully occupied with tenants from both companies, apart from the recently acquired Dayton, OH office. This property, which is an industrial flex building, is currently Forza’s only active renovation project.
Property Name, Location
Stony Creek, Noblesville, IN
Data Drive, Jeffersontown, KY
Shadeland Station, Indianapolis, IN
Hemsath, St. Charles, MO
Cooper Road, Cincinnati, OH
Palafox, Pensacola, FL
Forza HQ, Indianapolis, IN
Lakefront 8, Indianapolis, IN
Dayton, Dayton, OH
Fry Road, Greenwood, IN
Brakeman, Lebanon, IN
Sq. Ft.
14,979
12,444
33,734
5,760
15,675
7,846
8,811
57,334
10,695
7,200
5,000
# of Units
5
3
2
1
3
1
4
1
2
1
2
Residential Property Performance:
Forza’s residential property performance has gained a lot of traction in the last few years. With a well refined process and unique acquisition strategy, the team has not only been able to revitalize properties in its home state of Indiana but has also branched out into states like Illinois and Ohio.
The increase in residential properties spread throughout the Midwest has created a need for the Forza team to outsource its property management services. They have a collection of trusted third-party partners that they work with, however, the team still assumes the asset manager role for all residential properties.
Property Name, Location
Tipton Terrace, Tipton, IN
Waterford, Crawfordsville, IN
Summitville, Summitville, IN
Centralia II, Centralia, IL
Waynetown, Waynetown, IN
Green Valley, Bunker Hill, IN
Clay Village, Uhrichsville, OH
Colonial Arms, Greencastle, IN
Maple Terrace, Greencastle, IN
Roban, Greencastle, IN
Brakeman, Lebanon, IN
Occupancy %
98%
92%
92%
88%
100%
45%
92%
100%
93%
100%
100%
# of Units
80
48
24
24
16
24
40
16
15
15
44
Reaching Full Potential: How Forza Equates Real Estate Success
Currently Forza has a minimum goal of 93% occupancy for both commercial and residential properties. With that goal in mind, the team has implemented scalable value-add strategies, portfolio-wide, that optimize revenue and maintains quality affordable living despite growing market rates. As a result, Forza has increased its residential tenant occupancy from 75% to 91% in less than a year.
Interested in learning more about the Forza team and how they execute their property management strategies? Reach out to a member of their property and asset management team.