The Founders
Two Arkansas real estate operators who have built, scaled, and sold companies together — and came back to do it again.
Erik Bailey
Erik co-founded iRealty Arkansas in 2013 — one of the state's first technology-forward residential brokerages — growing it to more than 1,000 closings and $150M+ in sales volume before its successful sale in 2016. Following the exit, he joined BSR REIT, a publicly traded multifamily owner-operator with a portfolio exceeding $870M, in acquisitions and dispositions. He subsequently served at Blue Whale Development, a national commercial real estate development firm, sourcing and acquiring sites for credit tenants including Starbucks, Circle K, and Zips Car Wash. He co-founded REI Realty in 2023.
Matthew Lamb
Matthew co-founded iRealty Arkansas alongside Erik in 2013, serving as managing partner with a focus on digital marketing and operational growth. After the sale, he pivoted fully to residential real estate investing — building and operating a substantial single-family portfolio across Central Arkansas while sourcing acquisitions on behalf of institutional single-family buyers. He co-founded REI Realty in 2023, where his operational focus centers on acquisitions strategy and portfolio growth.