It is an annual tradition at the start of the school year that Polaris supplies our student residents with backpacks and school supplies. Despite this year’s changes and the difficulties that it brought onto students, we continued this tradition and gave away 460 backpacks across our portfolio.
For us at Polaris, providing these materials to our student residents is indicative of us staying true to one of our core values which is to not just be property owners but also stewards of these communities. Education is critical in ensuring that young people have an opportunity to uplift themselves and put them on a path toward a successful future. While it may seem like a simple gesture, providing these supplies alleviates the stress of students who may struggle to get supplies otherwise and allows them to start their year with confidence.
Of course, like much of our world, education looks different this year. Given this, it was especially crucial for us to honor this tradition this year as doing so would help to provide reassurance and constituency in the ever changing and unpredictable environment. As Polaris General Partner Travis Pacoe states, “With COVID restrictions and uncertainty surrounding education currently, providing as much of a sense of normalcy as possible for kids is critical.” He goes on to note, “we hope that these backpacks help our communities’ children feel more grounded, and their parents supported, as they begin school this year.”
Polaris Real Estate Partners specializes in multifamily investment in the mid-western and central United States, with its principals collectively holding over 40 years of direct real estate investment experience and approximately 3,600 units currently under ownership and management, housing over 7,000 residents. Polaris is also deeply committed to enriching the lives of its residents through its community improvement efforts. The company and its principals have acquired multifamily properties, warehouses, manufacturing facilities and retail properties as well as improved and unimproved land throughout the United States.