300 North Meridian, Indianapolis, IN

REI Asset Management Team

Tina Shute

Vice President of Asset and Property Management
Making sure the numbers make sense–and keep building value–for our company and our strategic partners.

As Vice President of Asset and Property Management for REI Real Estate Services, Tina Shute is responsible for establishing operating procedures and overseeing the various teams that provide Property and Facility Management for both REI properties and third party properties.  In her role as Asset Manager, she is responsible for managing the value of the portfolio of properties managed by REI and shareholder relationships.

Ms. Shute's duties include overseeing the preparation of annual budgets, operating expense calculations and capital budgets.  She is heavily involved with start-up management of new properties and prepares financial reporting for several third party clients including the City of Carmel and (MISO) Midcontinent Independent System Operators. She oversees large contract negotiations with vendors and large capital improvement projects.

Ms. Shute has worked for REI for over twenty-three years. Prior to serving as Vice President, Ms. Shute served as the Controller for REI.  In her capacity as Controller, she was responsible for all aspects of accounts payable, accounts receivable, financial reporting, the budgeting and reconciliation process and establishing accounting policies, procedures and internal controls.  Ms. Shute earned her Bachelor of Science degree in Accounting from the Kelley School of Business at Indiana University at Indianapolis.  Ms. Shute is currently completing her Certified Property Manager designation through the Institute for Real Estate Management (IREM).  Ms. Shute is a member of IREM and actively serves on the Riley Society Advisory Committee for the Riley Foundation.

Jeffrey S. Sporleder

Chief Financial Officer
He’s the one who takes care of the money. Obviously, he’s really good at it.

Jeff Sporleder is Chief Financial Officer for REI Real Estate Services, LLC. Inherently, the CFO is responsible for providing solutions while using existing knowledge, experience, and available resources to provide the financial information and analysis necessary to make sound business decisions that maximize the return on the investment for customers and owners. In this capacity, Jeff has direct responsibility for corporate financial analysis; management and investment of cash flow; coordination and preparation of audited financial statements and tax returns; strategic tax and business planning; and interaction with shareholders, partners, and the Board of Directors.

In addition, Jeff actively oversees insurance risk management, banking relationships, and human resources. He has more than 28 years of accounting experience, including five years in auditing with the accounting firm of Ernst & Young.

Jeff received a BS in Accounting with Distinction from Indiana University. He is a Certified Public Accountant in the State of Indiana and a member of the Indiana CPA Society and the American Institute of Certified Public Accountants. He is also a member of Beta Gamma Sigma, a national scholastic honorary society for students of business and management.

Jeff is also an active member of Mount Pleasant Christian Church and resides on its Board of Elders.

Ryan Wells

Asset Manager/Director of Development
Identifying opportunities, underwriting the numbers, maximizing shareholder returns

Ryan Wells serves as Asset Manager and Director of Development of REI Real Estate Services, LLC.  In his role as Asset Manager he is responsible for the oversight of strategic planning, investment analysis, operation and marketing analysis, positioning of properties in the marketplace in accordance with market trends and conditions, understanding the owner’s objectives of their real estate plans and strategizing on the best approaches to maximizing the investment return of real estate assets. 

As the Director of Development Ryan duties involve leading the Development Team with managing multiple phases of the real estate development process.  He participates in all aspects of development including site selection, due diligence exploration, financial analysis, budgeting, contract negotiation, development consultant management, site acquisition, investment package creation, coordination of the permitting process, execution of the construction documents, and general contractor management.

Ryan has over a decade of real estate and banking experience.  Prior to joining REI he was involved in the commercial real estate and banking industries in Chicago.  After graduating from Purdue University with a Bachelors of Science in Management he worked as a commercial real estate appraiser.  In his capacity as an appraiser, he completed appraisals on a variety of property types including land, industrial, office, retail, hospitality, mixed-use, and multi-family properties.  More recently he worked in the banking industry with a focus on commercial real estate.  Working on the origination side of the business he financed numerous land developments, retail centers, multi-family properties, office buildings, and condominium conversions.  As the economy slipped into “the Great Recession” Ryan found a niche restructuring and working out distressed debt.  Prior to joining REI, he spent the previous six years working out problem assets in the banking industry and most recently for the U.S. Small Business Administration. 

Ryan is an Eagle Scout and has received the Muller Award of Achievement from the Boy Scouts of America.