Founder & President
The Valcap Group
Richard is the founder of The ValCap Group, LLC, as well as an investor in nearly 8,000 apartment units spread throughout 23 complexes in Texas, Tennessee, Indiana, Pennsylvania, Ohio, Mississippi, and South Carolina.
Richard oversees acquisitions, business strategy, financing, and market strategy for the portfolio. His experience is uniquely positioned for the growth of real estate investments. Richard graduated in 1979 from the University of Pennsylvania with both Master of Arts and Bachelor of Arts degrees in Regional Sciences. His degrees were earned concurrently.
After a brief stint with a nonprofit developer of apartments, he worked for the City of Philadelphia as a Grants Coordinator, and then as head of Planning for the Office of Housing and Community Development.
After leaving government service, Richard launched a 20-year career in real estate financing as a real estate broker with his own mortgage firm in Berkeley, California. This firm funded more than 4,000 loans for single-family homes, apartments, and other commercial properties. In 1995, he began purchasing income investment properties, initially in the San Francisco Bay Area, and then throughout the country.
Richard dedicates his professional life entirely to his commercial properties. He is always busy evaluating new multifamily deals and other commercial investment opportunities that will create great returns for all parties. Aside from this, Richard actively networks with family offices and potential investors.