As we begin 2016, I would like to thank you for your business and continued partnership with Scioto. It has been an exciting and busy year. Scioto passed a milestone of 1,000 homes this year and now owns homes and other real estate in 38 states. We completed a 75MM recapitalization of the company in 2015. The recapitalization has positioned Scioto to assist providers with more capital and other real estate needs. We have plans to expand further in our core market and also explore some adjacent opportunities. This a wonderful opportunity to assist individuals out of state institutions and into affordable, long-term community housing. Our leadership and team have never been more excited as we continue to be the leaders in our industry.
We celebrated several 10-year “partnership” anniversaries with key providers. These partnerships have inspired and strengthened our team as we learn and develop new ways to work together. Our team has expanded in 2015 to support our growth and to ensure that our customers receive the excellent service they have become accustomed to.
In my new role as CEO, I welcome the opportunity to collaborate with you and your staff to creatively provide real estate solutions for the people you support. I look forward to personally visiting with many of you in 2016. If at any time I can offer further assistance or you would like to sit down and talk about your real estate needs, please contact me at firstname.lastname@example.org.
On behalf of our entire staff, I wish you a happy, healthy, and prosperous new year!