Luke Wolf of SARA Investment in St. Louis

ST. LOUIS—SARA Investment Real Estate, an investment and brokerage company based in Madison, WI, has been expanding throughout the Midwest region recently, and has just boosted its profile in St. Louis by bringing on a new chief financial officer who will operate from that city. Luke Wolf succeeds Justin Reddeman, who has become vice president of finance. Prior to joining SARA, Wolf had more than 25 years' experience in the commercial real estate and construction industries, most recently as c ontroller at Altus Properties, a privately held real estate investment firm in St. Louis. SARA officials say he has extensive experience in acquisitions, development, management and dispositions, and has worked with traditional real estate as well as on projects involving low income housing, federal and state incentives and environmentally sensitive sites. “We could not be more pleased to have Luke join our firm,” says Traci Dalsin, president of SARA. “His industry expertise and financial acumen, along with his deep knowledge of the St. Louis market in particular, are of tremendous value to our investors and our company.” As reported in GlobeSt.com, SARA has established footholds in many rising Midwest neighborhoods. In 2015, for example, the company acquired the Crown/Frost buildings in the Crown Center complex, a former factory in Northeast Minneapolis where airplane components were manufactured in WWII. The area has become one of the more vibrant sections of the city, home to redeveloped warehouse and industrial buildings that now house art galleries, shops, restaurants and offices. Wolf, who also spent several years with Duke Realty in St. Louis, began his career with Fru-Con Construction in its general contracting group and later with its real estate group. He holds a bachelor's degree in finance and accounting from Maryville University in St. Louis. SARA Investment now has offices in Madison, Milwaukee, Minneapolis and St. Louis and manages properties valued at more than $230 million.