Corey Wikstrom

Chief Operating Officer & Investor at Three Pillar Communities
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Contact Information
us****@****om
(386) 825-5501
Location
Bountiful, Utah, United States, US

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Credentials

  • NARPM Ethics Certified
    National Association of Residential Property Managers
    Jul, 2023
    - Nov, 2024
  • Notary Public Commission
    State of Utah

Experience

    • United States
    • Real Estate
    • 1 - 100 Employee
    • Chief Operating Officer & Investor
      • Mar 2022 - Present

      Real Estate Executive with a track record of building winning teams. Responsible for the development, oversight, and execution of our company’s day-to-day operations. Defender of Positive Company Culture. Value Creator. Lead, Develop, and Support our Field Management Teams, Human Resources, Utilities, Construction and Development, New Home Procurement, Home Sales, Marketing & Branding, Special Projects, Lender & Vendor Relationships. Work closely with our Company Co-Founders, Acquisitions Team, CFO & Finance Department Teammates. Developer of our Standard Operating Procedures Show less

    • United States
    • Real Estate
    • 1 - 100 Employee
    • Senior Vice President
      • Apr 2021 - Apr 2022

    • Division Vice President
      • Jul 2018 - Apr 2021

      Responsible for all operating functions of the Division consisting of 58 manufactured home communities totaling 6,557 lots, including Human Resources, Home Procurement, Inventory Management, Home Sales and Leasing, Marketing, Utilities, Vendor Management • Participate in various Executive leadership activities including quarterly reporting with institutional investor, annual strategy sessions, industry conferences, weekly meetings and capital guidance • Responsible for $407 million of manufactured housing assets producing over $37 million of annualized operating revenues • Directly managed seven members of the regional operations, sales, and project management staff • Responsible for all aspects of the Division’s performance, which has yielded material value creation: Performance Highlights • Developed operating strategy which has contributed to 55.9% increase in annualized portfolio revenues from $21.1 million (Q4 2018) to $37.7 million (Q4 2020) • Implemented sales and leasing programs which yielded significant improvement in portfolio occupancy, increasing from 87.5% (Q4 2018) to 89.7% (Q4 2020) • Improved leasing, rent increases and portfolio quality has effectuated over 21% increase in in-place portfolio rents, increasing in-place rental rates from $375 to $472 • Yielded notable improvements in Same Store Net Operating Income, increasing from -10.7% (Q4 2018) to positive 13.8% (Q4 2020) Show less

    • United States
    • Real Estate
    • 1 - 100 Employee
    • Vice President
      • Jul 2016 - Jul 2018

      Responsible for all operating functions of the Region consisting of 62 manufactured home communities totaling 6,163 lots, including Human Resources, Inventory Management, Home Sales and Leasing, Marketing, Utilities, Vendor Management • Directed regional operations during the transformative sale of 100 communities for $356 million to a large institutional investor that would become Strive Communities • Directly managed 8 members of the regional and district operations, acquisitions and sales staff • Executed the successful turnaround and market repositioning of 15 underperforming communities Performance Highlights • Implemented sales and leasing programs which yielded significant improvement in portfolio occupancy, increasing from 86.2% (Q4 2016) to 87.5% (Q4 2018) • Key member of the Systems Implementation Team that selected and implemented new property management software from Rent Manager to Yardi Voyager • Completed acquisition and onboarding of 17 communities over a 24-month period ranging from 45 lots to 415 lot communities within the region • Initiated and lead team which completely transformed the transition of assets from the acquisitions team to operations including diligence, onboarding, and project management Show less

    • United States
    • Retail
    • 700 & Above Employee
    • Store Operations Manager
      • May 2013 - Jun 2016

      Supervised 5 department managers and oversaw 50 non-supervisory employees • Moved my key performance indicator scorecard ranking from 1300 to number 14 in the company in first year as Store Manager • Responsible for interviewing, hiring, and training associates; planning, assigning, and directing work; appraising performance, rewarding and coaching associates; addressing complaints and resolving problems • Ensure advertising and marketing plans are executed, including signage and merchandising • Execute all payroll related activities, including weekly scheduling for 50 employees • Meet and exceed financial plan to ensure sales, controllable expenses, and plans are achieve • Run weekly store meetings to ensure goals and personal development are on track • District Captain for Profit & Loss, and Brand. Provide constructive feedback and answers to peers Show less

    • United States
    • Real Estate
    • 1 - 100 Employee
    • Regional Manager
      • Apr 2009 - Apr 2013

      • Managed multi-million-dollar portfolios overseeing the Arkansas, N.E. Texas, & later, the N. Utah properties • Lead a successful sales team producing YoY increases through consistent, aggressive marketing efforts • Daily travel to properties to mentor staff and perform quality assurance reviews • Report directly to Regional Vice President with sales, occupancy, delinquency, & NOI results • Create annual budgets for each property working closely with the Executive team in Denver, CO • Extensive background with use of Yardi & Yardi Voyager property systems ADDITIONAL EXPERIENCE Regional Training Manager American Residential Communities – Dallas, Texas Community Manager American Residential Communities – Grand Forks, North Dakota Show less

    • United States
    • Restaurants
    • 700 & Above Employee
    • Regional Operations Manager
      • Feb 2003 - Mar 2009

      Oversaw all day to day operations for stores in Rockford, IL, Madison, WI, Milwaukee, WI area. Individually pursued and won a 2 million dollar multi year school lunch bid transforming our business in the Rockford market. Opened new campus store at UM Wisconsin. Oversaw all day to day operations for stores in Rockford, IL, Madison, WI, Milwaukee, WI area. Individually pursued and won a 2 million dollar multi year school lunch bid transforming our business in the Rockford market. Opened new campus store at UM Wisconsin.

Education

  • North Dakota State University
    Business Administration and Management, Marketing
    1998 - 2000
  • West Fargo High School
    Business Administration and Management, General
    1989 - 1992

Community

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