RICHARD S. BLUMENFELD
685 Bittersweet Trail, Atlanta, GA 30350
(678)441-0808 RICHARD S. BLUMENFELD
685 Bittersweet Trail, Atlanta, GA 30350
(678)441-0808
REAL ESTATE DEVELOPMENT ACQUISITIONS
RESIDENTIAL / COMMERCIAL / AFFORDABLE
Accomplished real estate development professional with extensive background in developing multi-family and single-family housing plus limited service hotels and resorts. Sold in excess of $200M of residential real estate. Proven experience in investment, 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 corporations. Adept at building superlative management and internal organizational / operations teams.
CORE COMPETENCIES
Full P&L ResponsibilityStrategic Planning / RelationshipsNegotiations / Communications
Corporate LeadershipSales and MarketingProject Development / Execution
Loan OriginationBusiness DevelopmentProperty Management
Bachelor of Science, Marketing and Finance, University of Alabama.
KEY ACHIEVEMENTS
oDirected and managed business activities that generated approximately $250M in revenue, initiating the formation of significant strategic business relationships, increasing marketplace visibility and market share, local content and revenue opportunities. (Township Residential)
oFormed 501C3 Not-for-Profit, providing affordable housing and gaining access to federal and state government grants for affordable housing projects.
CAREER HISTORY
FAMILY CIRCLE HOMES, LLC.
Provides residential real estate services including sales and marketing, property management, leasing and development to developers and institutional owners.
Founder Principal, 2002 to Present
Identified residential real estate development opportunities and investments ranging from 10 to 50+ acres.
Executed the development process and prepared financial projections for an urban renewal project with Georgia Department of Community Affairs and US Department of Agriculture.
Developed affordable housing projects, including tax credits for multi-family and for sale single-family and multi-family housing, co-developing tax credit projects.
Prepared comprehensive feasibility studies and recommendations to investors to determine Go/No-Go decisions.
Worked with HUD insured 221D4 loan programs for apartments.
Identified an unmet market and created an optimum real estate project, developing affordable for-sale housing in close proximity to major Air Force base.
Managed all aspects of multi-million dollar residential real estate developments and maintained relationships with builders, developers, and city/county agencies. Improved image and expanded visibility by executing highly successful advertising and marketing initiatives.
CAREER HISTORY
KILLEARN, INC.
As a mixed-use developer Killearn specializes in determining the best use of the land, prominently golf course communities where over 10,000 families reside.
Director of Real Estate Kingwood Golf Club and Resort, 2003-2004
Coordinated all sales and marketing functions for resort community.
Established on-going relationships with area brokers
Formulated strategic long-term marketing plan.
Worked in concert with developer, pricing building lots.
Established credibility and increased visibility, excitement and growth to company with challenged marketplace presence / image.
TOWNSHIP RESIDENTIAL, INC.
A diversified full service residential real estate firm.
Owner, 1980 to 2002
Served as asset manager for Federal agencies, banks, insurance companies and off-shore corporations.
Sold residential real estate valued in excess of $200M and managed portfolio of over 125 communities.
Oversaw all facets of business operations, project management, recruiting/training, and financial management.
Established comprehensive development strategies, formalized project plans and presented site plans for licensing/approval.
Cultivated relationships with business and community leaders to obtain larger scale engagements.
Achieved more than two-fold growth in revenue within four years though several high-profile contacts, and enhancement of company brand reputation.
Developed apartments and single family homes.
Directed and managed business activities, generating approximately $100M in revenue and initiating the formation of significant strategic business relationships.
Established strategic partnership with former CEO of Hyatt Hotel Corporation, initiating an innovative hotel concept to launch a new hotel brand.
Co-developed two high rise communities in Destin, Fl, valued in excess of $35M.
THE CALIBRE CORPORATION
The 46th largest residential builder in the US.
Development Manager / Vice President, 1978-1980
Managed development and construction for condominium and apartment projects.
Oversaw $30M residential housing and sales portfolio.
Established sales channels, high profile business alliances and participated in real estate negotiations
Earlier Career: Loan Officer/Commercial Loan Analyst, Citizens and Southern National Bank.
EDUCATION / CERTIFICATES / PUBLICATIONS
BS, Marketing and Finance, University of Alabama
Georgia Real Estate Broker
Institute of Real Estate Management - Certified Property Manager
Authored Your Home is Your Castle Homeowner Association Operation and Management
REAL ESTATE DEVELOPMENT ACQUISITIONS
RESIDENTIAL / COMMERCIAL / AFFORDABLE
Accomplished real estate development professional with extensive background in developing multi-family and single-family housing plus limited service hotels and resorts. Sold in excess of $200M of residential real estate. Proven experience in investment, 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 corporations. Adept at building superlative management and internal organizational / operations teams.
CORE COMPETENCIES
Full P&L ResponsibilityStrategic Planning / RelationshipsNegotiations / Communications
Corporate LeadershipSales and MarketingProject Development / Execution
Loan OriginationBusiness DevelopmentProperty Management
Bachelor of Science, Marketing and Finance, University of Alabama.
KEY ACHIEVEMENTS
oDirected and managed business activities that generated approximately $250M in revenue, initiating the formation of significant strategic business relationships, increasing marketplace visibility and market share, local content and revenue opportunities. (Township Residential)
oFormed 501C3 Not-for-Profit, providing affordable housing and gaining access to federal and state government grants for affordable housing projects.
CAREER HISTORY
FAMILY CIRCLE HOMES, LLC.
Provides residential real estate services including sales and marketing, property management, leasing and development to developers and institutional owners.
Founder Principal, 2002 to Present
Identified residential real estate development opportunities and investments ranging from 10 to 50+ acres.
Executed the development process and prepared financial projections for an urban renewal project with Georgia Department of Community Affairs and US Department of Agriculture.
Developed affordable housing projects, including tax credits for multi-family and for sale single-family and multi-family housing, co-developing tax credit projects.
Prepared comprehensive feasibility studies and recommendations to investors to determine Go/No-Go decisions.
Worked with HUD insured 221D4 loan programs for apartments.
Identified an unmet market and created an optimum real estate project, developing affordable for-sale housing in close proximity to major Air Force base.
Managed all aspects of multi-million dollar residential real estate developments and maintained relationships with builders, developers, and city/county agencies. Improved image and expanded visibility by executing highly successful advertising and marketing initiatives.
CAREER HISTORY
KILLEARN, INC.
As a mixed-use developer Killearn specializes in determining the best use of the land, prominently golf course communities where over 10,000 families reside.
Director of Real Estate Kingwood Golf Club and Resort, 2003-2004
Coordinated all sales and marketing functions for resort community.
Established on-going relationships with area brokers
Formulated strategic long-term marketing plan.
Worked in concert with developer, pricing building lots.
Established credibility and increased visibility, excitement and growth to company with challenged marketplace presence / image.
TOWNSHIP RESIDENTIAL, INC.
A diversified full service residential real estate firm.
Owner, 1980 to 2002
Served as asset manager for Federal agencies, banks, insurance companies and off-shore corporations.
Sold residential real estate valued in excess of $200M and managed portfolio of over 125 communities.
Oversaw all facets of business operations, project management, recruiting/training, and financial management.
Established comprehensive development strategies, formalized project plans and presented site plans for licensing/approval.
Cultivated relationships with business and community leaders to obtain larger scale engagements.
Achieved more than two-fold growth in revenue within four years though several high-profile contacts, and enhancement of company brand reputation.
Developed apartments and single family homes.
Directed and managed business activities, generating approximately $100M in revenue and initiating the formation of significant strategic business relationships.
Established strategic partnership with former CEO of Hyatt Hotel Corporation, initiating an innovative hotel concept to launch a new hotel brand.
Co-developed two high rise communities in Destin, Fl, valued in excess of $35M.
THE CALIBRE CORPORATION
The 46th largest residential builder in the US.
Development Manager / Vice President, 1978-1980
Managed development and construction for condominium and apartment projects.
Oversaw $30M residential housing and sales portfolio.
Established sales channels, high profile business alliances and participated in real estate negotiations
Earlier Career: Loan Officer/Commercial Loan Analyst, Citizens and Southern National Bank.
EDUCATION / CERTIFICATES / PUBLICATIONS
BS, Marketing and Finance, University of Alabama
Georgia Real Estate Broker
Institute of Real Estate Management - Certified Property Manager
Authored Your Home is Your Castle Homeowner Association Operation and Management
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