Rachel Elias Wein is an experienced executive, business strategist, and board director. Rachel serves as an independent director of Alpine Income Property Trust (NYSE: PINE), Essential Growth Properties, and St. Petersburg Police Pension Fund. With two decades of service to many of the nation’s largest essential retailers and institutional commercial real estate owners spanning retail, industrial, office, gaming, and hospitality sectors, Rachel is a trusted advisor in times of change. Her demonstrated success developing and implementing transformative strategies for both owners and operators provide valuable and unmatched perspective.
Rachel is an independent director of Alpine Income Property Trust (NYSE: PINE) where she is a member of both the Audit and Compensation committees. Alpine Income Property Trust is a single tenant net lease REIT based in Winter Park, Florida with a national portfolio of institutional retail assets.
Rachel is a trustee of the City of St. Petersburg Police Department Pension Fund, responsible for the administration, operation, and investments of the Police Pension Plan. St. Petersburg’s Police, Fire, and City Pension Fund assets total $3 billion.
Rachel is an advisory board member of Essential Growth Properties, based in Cincinnati, Ohio. Essential Growth Properties is a private equity real estate investment company focused on the acquisition and redevelopment of grocery-anchored shopping centers nationwide.
Previously, Rachel served on the advisory board and was a shareholder of Ravti Corporation, a privately held PropTech company focused on HVAC systems and automation. Ravti was acquired by Building Engines in 2020.
Rachel is the founder and chief executive of WeinPlus, a strategic advisory and investment firm. In this capacity, Rachel develops and implements strategy for enterprise-wide capital allocation and portfolio transformation, and is a general partner on strategic portfolio transactions. Founded in 2009, WeinPlus serves essential retailers Walgreens, The Kroger Co., and Publix Super Markets, as well as real estate investment trusts, private equity funds, and educational endowments in retail, industrial, office, and hospitality sectors. A creative problem solver with cultural sensitivity, Rachel has led capital allocation activities for several of the nation’s largest retailers, C-Corp to REIT conversions, and has served as interim CEO for a private real estate company.
Previously, Rachel served as a development executive with The Sembler Company primarily focused on Target-anchored developments and a senior associate with Ernst & Young’s (EY) Real Estate Advisory practice, advising on $38 billion in mergers and acquisitions including CVS/Eckerd, Sprint/Nextel, and Dunkin Brands/Baskin Robbins as well as $2 billion in capital programs including Hurricane Katrina rebuilding efforts in Biloxi, Mississippi (gaming and hospitality assets) and the Janelia Research Campus of Howard Hughes Medical Institute in Loudon County, Virginia.
Rachel is Chairman of the Urban Land Institute’s Commercial Retail Development Council (Gold Flight) and serves on the International Council of Shopping Centers (ICSC) Foundation Board of Directors. Rachel serves on the advisory board of the University of Florida’s Kelley A. Bergstrom Center for Real Estate and as President of Camp Judaea Property Inc. She earned master’s degrees in both real estate and architecture and an undergraduate degree in design from the University of Florida, Gainesville and was previously a licensed architect from 2006 to 2015.
