Rebound Partners provides an unparalleled base of knowledge, experience and financial acumen that supplies the foundational needs for successful opportunity sourcing, investment and operational services.
WHERE IT ALL BEGAN
Founder and Managing Partner of Rebound Partners Brett Reese started his entrepreneurial experience at the age of 12 when he took out a bank loan for a cow-calf operation. He then successfully leveraged that revenue to pay for his college education. His love of entrepreneurship continued to grow over the years as he made larger and larger business investments while working by day as a CPA and Auditor.
In 2008, Brett along with Jennifer Sawyer and Craig Ibsen co-founded what was then Rebound Enterprises, an investment and management company in Northfield, MN, whose primary focus was in assisting businesses in the “rebound” phase of their life cycle. Rebound Enterprises experienced significant growth over the past decade and recently rebranded to Rebound Partners as it continues to add to its vertical portfolio and establish relationships with new partner entities.
SOME FUN FACTS
We don’t believe in the status quo. At Rebound Partners we are always on a quest to improve, either by rethinking the existing ways that we do things or by thinking outside of the box with creative solutions, it is our state of mind.
Average Annual Commercial Real Estate Transactions
People Impacted by Our Community Work Each Year
Number of Flip Chart Pads used by our Champions Each Month
Industry Verticals (with a goal of 12 by 2025)
Each of our verticals is led by a respective champion. These champions are not only responsible for the growth and management of their own vertical but they also live and demonstrate the core values of Rebound Partners as a parent company. Many of our champions initially began in associate level positions in the company and now are leaders in their current roles.
The Rebound Way
Rebound Partners identifies and supports highly talented people and their entities. Our client centered approach blends genuine service and connection with proven business discipline and transparency.
We take a long view of relationships, because our relationships always come first. Rebound Partners values building successful partnerships and establishing innovative, high-quality collaboration.
Get to Know Us
Rebound Partners has assembled an exceptionally talented, energetic, positive, and creative team to work within its business verticals. We don’t believe in the status quo. At Rebound Partners we are always on a quest to improve, either by generating extraordinary solutions or by rethinking the existing ways that we do things; it is always our state of mind.
President and General Partner, Rebound Community Real Estate Fund
Lori Bonin is the President and General Partner for the Rebound Community Real Estate Fund. Her core roles include leading the operations and scale of creating real estate funds. These funds are a form of impact investing, delivering both meaningful financial return for investors while generating economic benefits in local communities.
Prior to joining Rebound Partners, Lori owned her own consulting business providing executive leadership in a variety of industries. She started her career as a CPA at Ernst & Young (EY) then spent over 19 years at Target Corporation in a variety of senior leadership roles in finance, store facility operations, and property development. Lori has held a variety of board positions for both nonprofit and for-profit organizations. Through her many leadership roles, she has been described as the “glue” that binds in how she engages, coordinates and collaborates with partners to bring things together.
Lori’s kitchen is always stocked with coffee, dark chocolate, and red wine. She enjoys a busy lifestyle of traveling, hosting gatherings, and volunteering and loves taking some time to relax at their cabin with her husband Mark, kids Ellie and Luke and her sweet golden retriever Finley.
Director of Operations, Rebound Hospitality
Todd Byhre is the Chief Operating Officer and Director of Operations for Rebound Hospitality. As an adaptable and analytical leader, Todd has been at the forefront of Rebound Hospitality’s organic growth which now owns and manages a portfolio of hotels, bars, and event centers. In 2008, Todd led an effective transformation of a historic boutique hotel which helped inspire Rebound Partners to form a vertical, Rebound Hospitality, that focused on turning historically significant properties into alluring lodging opportunities for communities.
Prior to joining Rebound Partners, Todd was involved in the hospitality industry in a variety of management roles. He served as a General Manager of a hotel for over a decade and was also President of a treasured Northfield, MN restaurant known as the Ole Store. In addition, he was the Director of Sales and Operations for several well-respected lodging brands throughout his career.
Residing in St. Paul, MN, Todd likes to go on walks in his neighborhood and work in his garden. He also likes to downhill ski and spend quality time with his four adult-aged children. Todd also enjoys traveling where he continues to gather new ideas and trends happening in the hospitality industry at large.
General Partner, Rebound Community Real Estate Fund
President, Rebound Real Estate
Scott Koester is the president of Rebound Real Estate. With 30 years of industry experience, he effectively leads various aspects of Rebound Real Estate development and acquisition opportunities. His project planning, underwriting, design, and development skill set paired with his collaborative approach has helped Rebound Real Estate successfully expand its portfolio and be an integral part of every community it touches.
With Scott’s industry acumen, he has helped Rebound Real Estate complete numerous developments including the renovation of a historical property in St. Paul MN repositioning it to the Celeste Hotel and Bar. Before becoming the President of Rebound Real Estate, Scott was the Vice President of WAI Continuum, an architectural design and development consulting firm out of the Twin Cities. He was also the Vice President and Head of Business Development for Lightowler Johnson Associates (LJA) of Minnesota.
In his spare time, Scott enjoys traveling the globe learning about new cultures with his wife Tamara and their two sons, Austin & Bjorn. In addition, he gives back offering both his time and leadership experience to assist non-profit organizations in meeting their charitable goals. These roles have included various board and committee positions with several healthcare service organizations, the Minnesota Construction Associations, Care Providers of MN, and Aging Services of MN.
President, Rebound Self Storage
Norman Oberto is President of Rebound Self Storage, where he oversees the Dundas Self Storage locations. As the champion for Self Storage, Norman is focused on organic growth of the existing facilities, as well as growing the self-storage business through development and acquisitions.
Prior to self storage, Norman worked in various industries in Illinois, then owned and managed a plastic injection molding company, Imperial Plastics, in Lakeville, MN. Having acquired the company in 1997, Norman guided the company growing in revenue from $9M to $36M before selling the company and retiring in 2017.
Guided by Norman’s vision and determination, his company capitalized on opportunities to redesign metal components and assemblies into plastic. With this design focus, the company was able to provide engineered solutions to customers, accelerating the company’s growth and expanding its customer base.
Norman and his wife Lori currently live in Northfield, MN, where they raised their three daughters. In his free time, he stays busy with a variety of activities. With a background in industrial engineering, Norman enjoys the process of building including custom cars, woodworking & turning, and scale modeling.
Founder, Rebound Partners
Brett is the Co-Founder and Managing Partner of Rebound Partners. Long before Brett started the investments and management firm in 2008, he showed signs of his entrepreneurial spirit and developing business skill sets. At age 12, Brett took out his first loan from Castle Rock Bank to start a cow-calf operation. Today he continues to do business with the bank. Early on he worked in the restaurant industry as a busboy, dishwasher, cook, bartender and manager, eventually purchasing his first business, the “Rueb-N-Stein,” at age 23 with his partners while also working as a CPA for Grant Thornton. These early work experiences helped create a foundation for Brett to develop his business values and philosophies while coupling with his energetic, creative, and visionary leadership qualities.
Brett has served in leadership roles as President and as a member of the Board of Directors of many non-profit organizations including the Northfield Downtown Development Corporation, Prairie Creek Charter School, Northfield Chamber of Commerce, Northfield Retirement Community Foundation, and Northfield Rotary Club, among others.
Outside of work, Brett’s life can be summarized in three words - Family, Faith, and Farming. He loves and enjoys his family spending quality time and traveling the world with his daughters Meredith and Milly. He shares his faith in many ways including via Marketplace Ministries and in creating a Kingdom Company. Brett came full circle and went back to his childhood roots by purchasing a 40-acre farm outside of his hometown Northfield, MN, named The Ramblin R Ranch where he contentedly resides with his cows, calves, and horses, enjoying his daily chores.
CFO, Rebound Hospitality
Jim Young is the Chief Financial Officer for Rebound Hospitality. His career has focused on the areas of financial planning, analysis, treasury, and accounting. With his extensive experience in the financial industry serving in various executive positions, Jim brings significant value with his expertise in managing Rebound Partners Hospitality’s portfolio.
Prior to joining Rebound Hospitality, Jim had a 36-year career in finance where he held executive positions at Ally Bank and Residential Capital Corporation. He was also a Partner at KPMG where he started his career as an Accountant. Jim became the Chief Financial Officer for Ally Bank in 2011 where he was responsible for oversight of all financial related activities for the multi-billion-dollar regulated bank. He was also the Chief Financial Officer for Residential Capital Corporation, a residential mortgage loan originator and servicer.
Jim lives in the Minneapolis area with his wife Jodi. The two enjoy spending time with friends and family as well as traveling, hiking, skiing, and cycling. He serves as a member of the Board of Regents for Luther College in Decorah, IA where he also went to undergraduate school. In addition, Jim is a Board member of the Hennepin Health Foundation.
Financial Controller, Rebound Partners
Theresa Goette is the Financial Controller for Rebound Partners. In her position, she manages the overall accounting function for multiple Rebound Partners companies. She ensures each company is operating on a budget and with adequate cash flow.
Before joining Rebound Partners, Theresa was a financial manager for BerganKDV where she worked directly with charter schools to help assist with budgeting, grant management, and IRS filings. She began her career at a regional public accounting firm preparing business and personal tax filings after graduating from Minnesota State University, Mankato with a degree in accounting.
Outside of work, Theresa and her husband, Zach, love spending time with their two dogs, Beebee & Freddy. During the summer, she enjoys creating and maintaining native landscapes. Theresa is part of the Minnesota Society of CPAs.
Senior Consultant, Rebound Partners
Charlie Kyte is a senior consultant for Rebound Partners. He brings his effective leadership skills to support in various projects and community development funds. In addition, Charlie helps create win-win situations for Rebound Partners and the communities it serves through networking and his creative vision.
Serving decades in the public education system, Charlie has held positions as a teacher, principal, and superintendent. While he was the superintendent for Northfield Public Schools, Money Magazine recognized Northfield as a Top 100 School District in the United States. Charlie served as the Executive Director for the Minnesota Association of School Administrators (MASA) and during that time was a leading spokesperson for education in Minnesota as well as nationally.
Charlie and his wife, Diane, reside in Northfield, MN where they enjoy staying involved and supporting their local community. He has a culminating degree (Ph.D.) in public affairs from the University of Minnesota. In Northfield, he was a founding director of the Northfield Area Foundation, Healthy Community Initiative, and Community Resource Center. Additionally, Charlie is a past Board member for the Northfield Hospital & Clinics.
Director of Business and Capital Development & Investors Relations, Rebound Partners
Brent Nystrom is the Director of Business and Capital Development & Investors Relations. Since joining Rebound Partners in 2014, Brent has been an integral part of the success and growth of the company. He is known as the “Go-To” person for the team. In his position, Brent connects, informs, and builds relationships with investors across Rebound Partner’s areas of business and provides support to its vertical champions when it comes to needs like presentations, applications and communications.
Prior to joining Rebound Partners, Brent worked in higher education at Carleton College for nearly 15 years, both in the Alumni Relations Office and the Career Center, where he helped current students and alums stay connected with the school by facilitating networking.
Brent is an active volunteer in his community. He is passionate about affordable housing and is currently the President of the Rice County Chapter of Habitat for Humanity and Chair of the Northfield Housing & Redevelopment Authority (HRA). In addition, Brent is a dedicated member and upcoming President of the Northfield Rotary Club, chair of the non-profit Carleton Ultimate Fund, and head coach for the Northfield High School Boys Ultimate Frisbee team.
After growing up in Kentucky, Brent moved to Minnesota to attend Carleton College, where he received his BA in Geology. He also holds a Masters degree from the University of Minnesota in Organizational Leadership, Policy, and Development. Brent is an avid Kentucky Wildcats and Minnesota Timberwolves basketball fan and enjoys running outdoors, traveling, reading, and playing Ultimate Frisbee at the highest levels. Brent, and his wife, Jenny, reside in Northfield, MN with their two nearly-grown children, Kenyon & Elsa.
Business Analyst, Rebound Partners Community Real Estate Fund
Ryan Torbenson is a Business Analyst for Rebound Community Real Estate Fund. In his core position, Ryan performs financial analysis, market research and helps support external and internal business operations. He is driven to utilize his strong curiosity surrounding financial markets and real estate investing to make a difference for the Rebound Partners team and the communities it works alongside every day.
As an intern for Rebound Partners in 2018, Ryan got a glimpse of work life at Rebound Partners while he attended St. Olaf College where he studied Economics and Finance. He decided to come back to the company after graduation to start his career with the growing organization. During his four years at St. Olaf, Ryan studied abroad on four different continents and in six different countries around the globe including month-long stays in Tanzania, China, and Argentina. He also played baseball for the Oles as an outfielder and was a member of the Investments Club, Project Friendship, and the Good Athlete Project.
In the warmer Minnesota months, Ryan plays amateur baseball for the Northfield Knights, coaches baseball and loves to watch the Minnesota Twins. In colder months, Ryan enjoys downhill skiing, skating outdoors and coaching hockey. Further, he likes to read about anything business and investing related and enjoys traveling to National Parks or sporting venues across the country.
JOIN OUR TEAM
We are always interested in meeting with new and diverse people who have an interest in Rebound Partners. Send us your resume and let’s chat.