Artem Tepler, a prominent real estate developer and co-founder of Schon Tepler, a multifamily development firm based in Los Angeles, has died by suicide at the age of 41 on November 1, 2023, at the age of 41, leaving behind a profound impact on those who knew him. The news of his death has left the real estate community in shock and mourning.
The Tepler family has chosen to remain silent, offering no official statements to the public. However, their stillness speaks volumes about the profound sorrow they must be experiencing, and their thoughts are likely consumed by prayers for Artem’s soul to find peace in the afterlife.
Paul Schon, who helped found Schon Tepler, said on a GoFundMe page “We have lost one of the most amazing humans we have ever met. He was so generous, and giving and I’m sure we were all touched by him in many incredible ways. We are rasing funds for his funeral services. Thank you all for the generous support!! We are increasing the raise for his beautiful daughter’s college fund.”
Who was Artem Tepler?
- Artem Tepler was a real estate developer and co-founder of Schon Tepler, a multifamily development firm located in Los Angeles.
- He was originally born in Siberia and relocated to the United States from Russia in 1991 at the age of 9.
- Tepler pursued a finance education at Rutgers Business School in New Jersey.
- During his time at Rutgers, he established his own real estate investment firm, focusing on distressed residential properties in New Jersey and Florida.
- After graduating, he moved to Los Angeles, primarily for the favorable weather.
- In 2009, he co-founded Schon Tepler with the vision of acquiring, renovating, and reselling multifamily properties that had been affected by the financial crisis.
- Schon Tepler expanded by establishing various branches, including a property management division and a construction arm. The firm also set up an affiliate for construction and permanent financing.
- The company’s portfolio includes 22 ground-up multifamily developments in Los Angeles, four custom homes, four mixed-use projects, and over 100 renovations of single-family rentals, duplexes, and triplexes.
- Artem Tepler was dedicated to creating innovative and sustainable housing solutions that left a lasting impact on the city of Los Angeles.
- On November 1, 2023, at the age of 41, he tragically passed away by suicide.
- He is survived by his daughter and his fiancée, leaving a profound impact on those who knew him.
In case you or someone you’re aware of is going through a mental health or suicide crisis or experiencing emotional distress, don’t hesitate to seek help anytime, as the 988 Suicide and Crisis Lifeline is available 24/7. You can connect with a trained crisis counselor by dialing or texting 988, or access chat services at suicidepreventionlifeline.org. Additionally, you can receive crisis text support through the National Alliance on Mental Illness by texting NAMI to 741741.