Richard Perlmutter

Biography: Richard L. Perlmutter is the managing member of Argo Development Company, which he co-founded in 1996. The firm is based in Potomac, Maryland and has expertise in developing retail, office, residential, and urban mixed-use projects. Since its inception, Argo has acquired or developed over three million square feet of commercial and residential space in the Washington, New York, and Boston metropolitan areas. Over Mr. Perlmutter’s professional career, he has developed and managed property valued at over $2 billion. The firm is strategically aligned with the Foulger-Pratt Companies and develops and acquires real estate primarily for its own account. One of the firm’s noteworthy projects is Downtown Silver Spring, a mixed-use development in Montgomery County, Maryland. The project received the 2008 Overall Excellence in Smart Growth award from the U.S. Environmental Protection Agency. The development, a public-private partnership with Montgomery County, Maryland, has been featured on the cover of several ULI publications. Mr. Perlmutter has been involved in ULI national and local affairs since becoming a full member in 1993. He became a governor (builder) in 2007 and a trustee in 2012. Mr. Perlmutter was a member of the National Program Committee and served on several flights of the Community Development and Small Scale Development Councils. He is a co-founder and was chair of the Technology and Real Estate Council. Mr. Perlmutter has been involved in the ULI Washington District Council where he was a member of the Governance Committee. He also was a member of the Management Committee, chair of Mission Advancement and Technical Assistant Committee, co-chair of the Case Studies Committee, and a member of the Organizing Committees for the 1999, 2010 and 2019 ULI Fall Meetings. He served on numerous ULI advisory services, project analysis, and technical assistance panels on a range of topics.