About Us

Company Profile

TS REIS, Inc., an affiliate of TS Banking Group, was established in 2009 as a Total Solutions Company for real estate investors. TS REIS provides investors the opportunity to add real estate exposure to their investment portfolio, through a range of investment structures, while affording the investor the luxury of remaining a passive investor as we manage the entire investment process from acquisition to sale, financing to property management, and everything in between. Including investment analysis, acquisition, financing (debt/equity), asset protection, property management, accounting, operations, as well as the marketing and sale of the property.

With the founding partners combined 40 years of experience in real estate (acquirer and property manager) and financial services (owned and operated financial institutions) along with their growing team of property managers, operations, and accounting staff, TS REIS is fully equipped to meet the specific needs of each unique investment.

Our investments encompass a wide spectrum of real estate types, with the company’s niche being focused in apartments, manufactured/mobile home communities, and agricultural property.

Our Vision

  • To financially partner with investors for superior risk-reward opportunities.
  • To provide investors passive diversified exposure to real estate.
  • To revitalize communities through our investing.

Our Mission

  • We financially partner with investors by providing different investment structures to accommodate their risk and return appetite, while specializing in the real estate sectors of apartments, manufactured/mobile home communities, and agricultural property.
  • We provide investors passive diversified exposure to real estate investing by handling the management of the full spectrum of activity related to investing and managing real estate property.
  • While partnering with investors, we also are committed to revitalizing communities, by often investing in and rehabbing distressed or non-performing properties.

Principals

Dennis S. Simpson – Founding Partner

Scott serves as President for TS REIS and is a founding partner. He joined the TS Banking Group in 2008, after selling a Mortgage Company into the Group, and then partnering to launch TS REIS, Inc.  Scott has been in the real estate business for 25 years, starting with Principal Financial Group. Scott’s real estate experience ranges from mortgage underwriting to investing in and managing various classes of real estate.

With a 25 year proven investment track record of achieving success across various property types, sizes, and geographies; Scott has demonstrated his investment and property management comes down to disciplined skills and practices and leaves very little to “luck”. Scott has mastered the skills required to do turnaround management of distressed and underperforming properties, and has been involved in owning and managing over 3000 units (apartment doors, park home lots, etc.) of property.

Scott holds a BS in Business Administration from Drake University and has been through Master level real estate and finance training. Scott’s skills for hunting extends beyond real estate to also include big and small game in a variety of hunting and fishing destinations.

Joshua M. Guttau – Founding Partner

Josh is CEO and Owner (Third Generation) of the TS Banking Group, and acts in the role of CEO for TS REIS. Joining the TS Banking Group in 2003, Josh has led the expansion of the group (20-115 FTE, banking assets $50-$550mm, WM&T assets $10-$300mm), launched a multi-bank acquisition strategy, and is a Founding Partner of TS REIS and TS Capital.

TS Bank earned national rankings for performance (#1 2009, #3 2010-2011), received Fiserv’s Proven Performers Award (Top 300 for 5 years, 2014), Model Technology Bank Award (2009, 2010), and Iowa Small Business Top Workplaces (2011-2014, #1 in 2012).

In 2007, the Group began allocating 10% of profit to community reinvestment. In 2009 the “TS Institute: Financial Literacy for the Future” launched (K-12 school district pilot project) and now serves multiple school districts and consults with agencies at the state and national level on financial literacy.

Josh possesses an MBA in Finance & Strategic Planning, Iowa State University; Professional Masters of Banking, Louisiana State University; teaches at Graduate School of Banking Colorado; and uses his BS degree in Animal Science/Agronomy to start the family’s 400hd cow/calf ranch in the hills of western Iowa.