Chief Executive Officer
Prior to joining Archstone, Rick founded REL Property Consulting, specializing in providing advisory services to owners and investors that develop and acquire multifamily housing. The majority of Rick’s career was spent at The Irvine Company, one of the leading master planning and development companies in the nation, where – for more than two decades – he was responsible for all apartment development activities. Under Rick’s leadership, the apartment development group was successful in entitling and developing approximately 27,000 apartment units in more than 50 properties in nine California jurisdictions in Orange, San Diego, Santa Clara and San Mateo counties.
Rick has a Masters Degree in Accounting from Brigham Young University and began his professional career as a CPA for Deloitte, Haskins & Sells in 1984.
Under Rick’s leadership, the group:
- Brought sites into contract, or was in the contracting process, for more than 5,800 units, with a total expected investment nearing $2 billion
- Completed entitlement for seven projects, totaling approximately 2,400 units
- Started construction or were prepared to start construction on 11 projects, totaling approximately 2,700 units
- Restructured the team; added staff where needed; and implemented procedures to maximize efficiency, improve coordination with other departments and increase development quality