Pablo Reiter & Michelle Simms-Reiter, visionary leaders in real estate.
Pablo Reiter
Founder & CEO, Blue Wave Developers
Born in Buenos Aires, Argentina, Pablo Reiter moved to North Carolina due to his father’s successful career at IBM. He graduated in computer science from NC State Wolfpack and quickly proved himself a true entrepreneur, founding several successful ventures. One of his high-tech software companies partnered with Microsoft and Gilbarco, eventually being sold to Marconi Systems.
In 2001, Pablo transitioned from technology to home building and real estate development. As CEO of Terramor Homes and Terramor Communities, he led one of North Carolina’s top-ranked homebuilders, developing over 2,500 homes and driving the company’s acquisition by DR Horton in 2018.
His companies and projects have generated over $500 million in revenue and more than $120 million in sales proceeds. Pablo is known for taking calculated risks that consistently benefit his partners and ventures. The name Blue Wave Developers reflects his entrepreneurial spirit and passion for the ocean. His love of deep-sea fishing, water sports, and especially kite surfing inspires his approach to navigating challenges—he sees nature not as an obstacle, but as a force to master.
Michelle Simms-Reiter
Co-Founder & Managing Partner, Blue Wave Developers
Michelle Simms-Reiter is a proven leader in real estate development and investment, with a track record of building multi-million-dollar companies and delivering strong returns for investors. As co-founder and managing partner of Blue Wave Developers, she brings decades of experience in scaling businesses, structuring high-value real estate projects, and leading organizations through dynamic market cycles.
Her career is marked by extraordinary achievement. Michelle co-founded and grew a woman-led homebuilding company from $0 to $85 million in annual revenue, expanding the team from two employees to more than 50 and becoming the largest privately held homebuilder in the region. Even during the Great Recession, she guided the company with disciplined strategy and innovative planning, ensuring not just survival but sustained growth—culminating in its acquisition by the nation’s largest homebuilder in 2018.
Known for her ability to build high-performing teams and trusted investor relationships, Michelle combines financial acumen with a keen eye for design and market opportunity. She is also a best-selling author, respected business advisor, and active investor, bringing insight and leadership to every project she undertakes.
Outside of work, Michelle enjoys traveling, golfing, and spending time at the beach with her family, friends, and two dogs.
What Sets Us Apart?
At Blue Wave Developers, strong partnerships lead to strong developments. Whether working with builders, investors, or financial institutions, we collaborate to deliver projects that maximize value and minimize risk.
- Expertise in Residential & Commercial Development
Thousands of homesites and commercial properties successfully developed, each built for long-term performance. - Proven Investment-Focused Approach
Projects strategically structured to maximize ROI, mitigate risk, and create sustainable value for stakeholders. - Seamless Execution from Start to Finish
Comprehensive management of acquisition, zoning, infrastructure, and delivery ensures efficiency and precision. - Proven Industry Relationships
Established connections with builders, banks, private equity, and tenants accelerate timelines and strengthen outcomes.
