Richard Price

Biography: BIO - Richard W. Price Managing Director of Development Raintree Partners With more than 15 of experience in the finance and real estate industries, Richard Price serves as director of development for Raintree Partners, a private commercial real estate investment company based in Laguna Niguel, California. In his current position, Mr. Price oversees all phases of the development process for mixed-use and multifamily rental communities throughout Northern and Southern California, managing projects through acquisition, due diligence, entitlement, project design, permitting, construction and lease-up. He also executes Raintree’s financing and refinancing efforts for both construction and permanent loans on stabilized development projects. To date Mr. Price has overseen $650 million in development activity and is currently executing projects of more than $275 million in total development costs. Prior to joining Raintree Partners, Mr. Price’s experience included: underwriting institutional-size multifamily value-add acquisitions totaling $1.2 billion for Bascom Group, a private multifamily investment company located in Irvine, California; brokering multifamily transactions at ACI Apartments in San Diego, California; and working as a certified public accountant for PricewaterhouseCoopers. Mr. Price holds a Bachelor of Science in accounting from Brigham Young University and a Master of Real Estate Development from the University of Southern California. He is a Certified Public Accountant, a California-licensed real estate broker, a member of Urban Land Institute, ULI Urban Development Mixed Use Product Council (UDMUC) and a member of the local Orange County Multifamily District Council.