Rely On Us!

You Aren’t Alone In Your Real Estate Investment

The Latino Real Estate Investors Council was created to offer equitable representation for housing providers across the Chicagoland area. Our target members and allies include all professionals within the real estate industry whose voice is inclusive of the Latino community.

Our Mission

To provide advocacy and growth opportunities for housing providers and real estate investors by encouraging responsible affordable and market rate ownership and management practices for Latino communities.

Our Vision

The Latino Real Estate Investors Council aims to enable the Latino community and its allies to achieve generational wealth through responsible and sustainable real estate investing.

The LREIC Board of Directors


LREIC is led by top real estate agents and leaders who share a passion for achieving generational wealth through responsible and sustainable real estate investing.

Become a member today!



Mr. Martinez is a proven high-energy business development and real estate executive leader with demonstrated accomplishments in over 20+ years in business.  He is versed in the strategic and tactical sales of financial and real estate development platforms through successfully implementing new technologies, monitoring, and adapting to market changes, and identifying emerging markets and its cycles.  He uses an integrated-solution approach to identify profitable opportunities in stabilized, value-add or distressed properties and is a master negotiator and relationship builder. His expertise and experience in the analysis, underwriting, negotiating, and financing of multifamily assets deliver maximum value to the clients he serves.

Mr. Martinez holds a Bachelor of Science in Hospitality Management from Roosevelt University where he worked for major hospitality corporations in management positions.  He translated his skills of analyzing, pricing, negotiating, purchasing, and servicing clients to the real estate financing and real estate industry. Prior to joining Keller Williams OneChicago KW Commercial, he was with Marcus & Millichap and brought the experience of a lender and real estate investor. He worked for a major national lender who originated over $325 million in business and evaluated and structured mortgages for investors to minimize the risk and enhancing the overall return on investment. As a private investor he has found success in short sales, rehabs, rentals, managing and selling single family residential, and multi-family properties. Throughout his career he has been a national speaker on how to analyze multifamily properties, leveraging and creative financing and how market trends effect the real estate industry.

Mr. Martinez currently holds an Illinois Real Estate Managing Brokers license and specializes in representing developers and investors of medium to large scale multifamily properties.  By applying the focus and experience that made him a successful investor, he is able to advise clients he serves with creative and unique insights and unmatched customer service.  He offers clients distinctive advisory services including debt (re)structuring designed to increase levered returns; capital improvements; deal analysis; identifying areas to add value; cash on cash calculations, internal rate of return proform a projections and valuations, thus meeting the needs and goals of his client and creating and preserving wealth.  Business is based on relationships, and he believes in creating a one-on-one relationship whether it’s a corporation, trust, financial services firm to an individual commercial property owner.

Mr. Martinez is very involved in the community by being a part of numerous real estate and housing related boards and committees. Frank is fluent in Spanish.



Vice Chair

Born and raised in Chicago’s Southeast side, Ms. Del Real is the daughter of Mexican immigrants, the oldest of three siblings, and the parent of two adult children. She is a product of Chicago Public Schools and the first in her immediate family to graduate from college earning a BA in Business Leadership from DePaul University, and an MBA from Roosevelt University’s Marshall Bennett Institute of Real Estate.

Ms. Del Real is the Founder and President of Third City Consulting, LLC and a licensed Illinois real estate broker, with over 20 years of experience working directly with Latino families helping them make decisions related to homeownership and asset building. She also has extensive experience in previous roles at Chicago State University and Chicago Public Schools, working with college bound first generation students helping them navigate the matriculation and financial aid process.

As a founding board member serving as Vice Chair for the Latino Real Estate Investors Council, Ms. Del Real is committed to the organization’s mission and provides pro bono administrative support through her firm Third City Consulting, LLC. Her team is committed to ensure that LREIC establishes a solid infrastructure, secures board membership and sponsorship, and grows its membership and impact across the Chicagoland area.

Her passion for community, real estate, and the upward mobility of Latinos is demonstrated through her previous volunteer roles on several nonprofit boards including, Mujeres de HACE Advisory Board, Prospanica Chicago, Corporate Real Estate Network (CORENet), the Real Estate Investment Association (REIA), and the Urban Land Institute’s (ULI) Public Policy Committee. She is an active member of the Chicago Association of Realtors and the National Association of Hispanic Real Estate Professionals (NAHREP) Government Affairs Committee.



Board Treasurer

Robert Marin is a Wealth Management Advisor with the Northwestern Mutual. The mission of the Network is to develop enduring relationships with clients by providing expert guidance for a lifetime of financial security. Robert Marin works with clients to identify their definitions of financial security and then focuses on solutions that can help make those financial goals a reality. He helps find the right solutions for personal, family or business needs. For additional information, call Robert at 847.969.2520 or visit his web site at To learn about Robert’s specialties, visit

Rafael Leon



Rafael Leon is the Executive Director of the Chicago Metropolitan Housing Development Corporation, better known as CMHDC, a position he has held since 1996. Under Rafael’s leadership and vision, CMHDC has grown to be a corporation with close to $75 million in assets, two subsidiaries, and more than 750 rental units. CMHDC is an active non-profit housing development agency in Chicago focusing on the preservation of naturally occurring affordable housing (NOAH). In 2017 CMHDC won the Neighborhood Development Award from LISC for its Preservation of Affordable Housing efforts in Albany Park. Previously, Rafael held several positions in the Chicago Department of Planning and Development where he worked in the Finance, the Community Development, and the Central Area Divisions. His expertise includes housing, finance, advocacy, community development, public policy, and strategic planning.

In addition to his job, Rafael has served on several government, non-profit and for- profit boards, sharing his expertise in finance, government regulations, real estate, community development, and corporate governance. He served for 10 years as the Chairman of the Commission on Chicago Landmarks until January 2021 under 3 different administrations. He is currently Chairman of the City of Chicago Development Fund Advisory Board, Treasurer of Uptown United, Director and Treasurer of Kmetko & Associates, and member of the Chicago Neighborhood Opportunity Fund Advisory Committee. His past board experience includes the Leadership Greater Chicago Fellows board (4 years), Chairman of the Chicago Community Loan Fund for 8 years, Commissioner of the Chicago Community Development Commission for 5 years, and a board member of the Community Investment Advisory Council of the Federal Home Loan Bank of Chicago, Rafael holds a bachelor’s degree in City and Regional Planning and a Master’s degree in Business Administration from the Illinois Institute of Technology. He also holds a Certificate from the Executive Advanced Management Development Program (AMDP) in Real Estate from Harvard University, and a Certificate from the Executive Education Program in Board Governance from the University of Notre Dame, Chicago Campus.



Felix Gonzalez is the managing partner of the Archer Law Group, a legal services firm, with over 23 years of experience representing clients and business owners.

A Chicago native, he is a graduate of Fenwick High School in Oak Park, and an alum of the University of Illinois Champaign Urbana, where he received a BA in Philosophy. He is also a graduate of the University of Illinois College of Law.

Felix’s real estate practice is concentrated on protecting investors and homeowners in the purchase and sale of commercial and residential real estate, and representing clients in landlord / tenant relationships.

He has served as a board member of many organizations including the Hispanic Lawyers Association of Illinois, Health Care Alternative Systems (HAS), Boy Scouts of America, and several others.

Valerie Acosta


Acosta Law Offices, P.C., President/Owner
Board Member

A. Valerie Acosta has been passionately involved in real estate law for over twenty years. As an attorney, Valerie concentrates her practice in the areas of real estate, civil litigation, and estate planning, with extensive experience in assisting clients interested in purchasing or selling residential and commercial properties.

Valerie has played an integral role in guiding numerous families through the stressful home buying or home selling process. She has also guided corporate clients from corporate set-up through corporate maintenance. Valerie has also negotiated and closed short sale transactions for her clients while assisting her clients during a difficult financial time.

DePaul University, Bachelor’s of Science in Commerce
Juris Doctorate from John Marshall Law School
Guacolda Reyes


Board Member

Ms. Reyes has over 25 years of experience developing Affordable Housing in the Chicagoland region.  Her leadership in the development field has stemmed from experience in community development  through real estate, property and asset management, tax credits syndication  (LIHTC and NMTC), private lending, and government finance.

Currently, Ms. Reyes is the Chief Real Estate Development Officer for The Resurrection Project (TRP)- a non-profit mission based organization that has grown to secure over $537 million in community investments through homes for ownership, rental housing, and community services throughout Chicago’s southwest neighborhoods and western suburbs. Prior to this role, Ms. Reyes served as the VP of Real Estate Development at Bickerdike Redevelopment Corporation and Director of Housing Development at the Chicago Metropolitan Housing Development Corporation (CMHDC),  where she continued developing affordable units in various Chicago neighborhoods.  Preceding her time at CMHDC, Ms. Reyes served as VP of Real Estate Development at TRP for nearly two decades. Ms. Reyes executed TRP’s foundational community development strategy in Chicago’s Pilsen neighborhood and later expanded her impact citywide through land inventory development, homebuilding, and rental portfolio expansion through affordable housing rental acquisitions and rehabilitation.

In 2018, Mayor Lori Lightfoot appointed Ms. Reyes to the Chicago Plan Commission where she currently serves as Commissioner. She serves on various boards including the Chicago Rehab Network, Business and Professional People for the Public Interest, and the Illinois Housing Council. Ms. Reyes resides in Chicago’s Pilsen neighborhood, loves spending time with her granddaughter Emilia who is almost 2 years old and enjoys listening to Sting. She will no doubt leave a lasting legacy as an LREIC Board of Director.


We are grateful for the ongoing support from our industry partners.