Richard Marquis has nearly 25 years of experience acquiring, managing, leasing, and selling commercial real estate. In just the last 10 years, Mr. Marquis has successfully managed, transitioned and sold over $300,000,000 of commercial and residential real estate.
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Trust Inspired by Years of Experience
During the 1990’s, Mr. Marquis gained considerable workout and repositioning experience in the OREO Asset Management Department of Citicorp Real Estate. At Citicorp, Rick worked with multiple product types, including office, retail, industrial, and multifamily. His most notable project was Two California Plaza, a 1.3 million square foot high-rise office and retail tower, located in Downtown Los Angeles, California.
After leaving Citicorp, but prior to founding RMC Realty Advisors, Rick worked for both institutional and entrepreneurial enterprises in asset management roles and as head of in-house property management departments.
Rick earned his MBA from the Stanford Graduate School of Business and his BS cum laude in Business Administration from California State University, Northridge. Mr. Marquis is also a Real Estate Broker and a Certified Public Accountant in the State of California.
Rick has affiliations with the following organizations:
- Southern California Real Estate Association, Co-Chair
- Stanford Professionals in Real Estate
- California Receivers Forum
Complimentary Portfolio Review
Receive a complimentary review and analysis of your current real estate portfolio, which will allow you to step away from the day to day management and focus on your core business or other interests.
Frequently Asked Questions
Our primary goal at RMC Realty Advisors is to allow our clients to step away from the day to day oversight of their valuable real estate assets. Because of the ownership mentality and experience we bring to each assignment, our clients can focus on their core businesses and/or start spending more time with other interests.
What is the difference between an asset manager and a property manager? Aren’t they one in the same?
Both asset managers (investment advisors) and property managers play important, but separate roles in their oversight of real property. Property Managers are typically tasked with day to day oversight of the assets, such collection of rent, payment of operating expenses, financial reporting, and preparation of the annual operating budgets. In contrast, the Asset Manager is responsible for formulating and implementing the strategic management, leasing, and eventual disposition plans for each property. The asset manager also forecasts monthly cash flow and owner distributions, plus works directly with the property’s leasing team to set market rents and negotiate lease transactions with tenants.
Over the last 24 years, the experienced professionals at RMC Realty Advisors have successfully acquired, managed, leased, and sold various product types, including office, retail, industrial, multi-family, mixed use, and self storage.
Yes, RMC Realty Advisors can either oversee assets in California for out-of-state or foreign investors or manage out of state assets for California-based investors. Our asset management team has managed multiple products types across the country.
Rather than a one-size fits all approach, RMC Realty Advisors hires management and leasing teams based on the product type and geographic location of each asset. If you would prefer to retain existing property management and leasing agents, RMC Realty Advisor is happy to continue those relationships.
RMC Realty Advisors Delivers
Real estate investments can be complex to manage even for full-time real estate professionals. It’s natural to have questions or concerns, and we want you to consider RMC Realty Advisors as a resource you can reach out to at any time. Contact us today to schedule your free consultation.