Real Estate Affordable Housing
Resume:
Richard S. Blumenfeld
Suite 140
Atlanta, Georgia 30328
***********@*********.***
REAL ESTATE –Development. Acquisitions of sites
Commercial
Accomplished real estate development professional with extensive background in developing multi-family and single-family housing. Sold in excess of $300M of residential real estate. Owned and operated fifth largest Homeowner Association management company in the Southeast. Proven experience in site investments, real estate and property management with success in startup operations and major capital development projects. Strong record in establishing and maintaining long-term executive management relationships with prominent national and regional corporations.
Full P&L Responsibility-Strategic Planning/Relationships-Negotiations/Communications
Corporate Leadership-Sales and Marketing-Project Development/Execution
Business Development-Property Management
KEY ACHIEVEMENTS
Directed and managed business activities that generated approximately $500M in revenue, initiating the formation of significant business relationships, increasing marketplace visibility and market share. (Intersouth Properties, Inc.)
Formed regional 501C3 Not-for-Profit providing affordable housing and gaining access to private, federal and state governmental grants for affordable housing projects.
CAREER HISTORY
APEX ADVISORY GOUP: Founder/President 2002-Present Diversified company that focuses on Business Expansion & Strategy. Includes the raise of investment capital, equity and debt. Currently marketing and seeking sites in Georgia, Florida, South Carolina and North Carolina for national and regional developers of single-family housing, townhomes, apartments, rental cottages, self-storage and hotels .
National & regional developers
Joint ventures
Opportunity zones
Affordable Housing
Seeking existing apartment communities, hotels and self-storage for prominent Owners.
Bull Realty, Inc.: Vice President Land & Developer Services. Regional Commercial Real Estate firm active throughout the Southeastern USA. Work with developers of single-family, townhome, retail, apartments, senior housing, self-storage and community health. October 2017 to October 2019.
Sold sites in Florida, South Carolina and Georgia
Mixed-use development adjacent to regional medical center
Hotel sites off interstate and ocean/gulf
Large residential developers
Joint Ventures
International investment firms
Family Circle Communities, Inc.: Regional 501C3 Not-for-Profit dedicated to holistic neighborhood revitalization and the provision of quality affordable energy efficient housing. Founder/Principal, 2007 to 2021
Work with towns and cities to improve residents quality of life
Partner with firms to develop apartments with Low Income Housing Tax Credits
Identified residential real estate development opportunities and investments ranging from 10 to 100 acres
Executed development process and prepared financial projections for urban renewal projects in Alabama and Georgia
Prepared comprehensive feasibility studies and recommendations to Investors to determine GO/NO-GO decision
Identified unmet market demand and developing affordable for-sale and rental housing
Killearn, Inc.: Killearn specializes in determining the highest and best use of land within North Georgia and the Southeast. Killearn purchases large sites and develops mixed-use developments.
Kingwood Golf Club & Resort Director of Real Estate: 2006-2007
Coordinated all sales and marketing functions for resort community in North Georgia
Established on-going relationships with area Brokers
Formulated strategic long-term marketing plan
Worked in concert with Developer pricing building lots and homes
Intersouth Properties, Inc. Diversified full service residential real estate company
Founder/Owner, 1980-2002
Oversaw all facets of business operations, project management, recruiting & training and financial management
Served as asset manager for banks, insurance companies, off-shore corporations and federal agencies
Achieved more than two-fold growth in revenue through high profile contacts and enhancement of brand reputation
Developed apartments, single-family housing and small retail centers
Owned construction companies in Florida and Georgia
Co-developed two high rise condominiums in Destin, Florida
Established strategic partnership with former CEO of Hyatt Hotel Corporation, initiating an innovative lodging concept to launch a new hotel brand
oLuxury Extended Stay
oIdentified sites in Atlanta, Charlotte and Houston
Sold three apartment communities
The Calibre Corporation: 46th largest residential builder in the United States
Executive Vice President of Development, 1977-1980
Managed development and construction of condominiums and apartments
Oversaw $30M residential housing in company for-sale portfolio
Established sales channels, high profile business alliances and participated in real estate negotiations
Recruited and managed all sales personnel
Earlier career:
Loan officer/Commercial Loan Analyst: Citizens & Southern National Bank (C&S REIT) 1978-1980
Vice President: Real Estate Concepts
Chase Bank owned projects
oDestin, Florida
oAtlanta, Georgia
Hyatt Hotel Corporation: Completion of Executive Training Program
Assistant Front Office Manager 1972-1974
Director of Corporate Sales 1974-1976
Education/Certifications/Publications
BS, Marketing University of Alabama
Georgia Real Estate Broker
Institute of Real Estate Management: Certified Aging in Place Specialist
Institute of Real Estate Management: Certified Property Manager
Authored Your Home is Your Castle Homeowner Association Operations and Management
Contact this candidate