Westfield applies deep local knowledge and extensive experience in the Colorado and Arizona real estate markets to identify and acquire commercial and multi-family properties, whose values and cash flows can be enhanced through sophisticated asset management, leasing, development and redevelopment strategies. Significant co-investment by Westfield principals assures complete alignment with Westfield investors.
Principals of Westfield co-invest alongside a select group of accredited private clients in various investment vehicles.
Investments sourced and managed by a team of highly experienced real estate professionals
Deal structures generally use moderate levels of leverage
Since 2003, the capitalization of Westfield acquisitions exceeded $300 million (excludes development partnerships)
As a Westfield principal, Rich coordinates equity syndications and manages investor communications. Since affiliating with the company in 2004, he has raised and invested $166 million with a total project capitalization of $625 million. From 1998 to 2007, Rich also served as managing principal of Liberty-Greenfield Corporate Real Estate Advisors, a real estate consulting firm to large U.S. corporations. He is a graduate of the University of Colorado where he currently serves on the advisory board for its Presidents' Leadership Class (PLC). He is a member of the World Presidents Organization (WPO - Rocky Mountain Chapter).
Ray oversees Westfield’s investment funds and capital strategies. Prior to joining Westfield in 2003, he directed U.S. real estate investments for Lend Lease Real Estate Investments (formerly Equitable Real Estate), one of the world’s largest property organizations and the leading real estate investor for pension funds and other institutions with $38 billion under management. Beginning in 1977, he held a variety of executive roles including head of real estate operations and chief operating officer responsible for regional operations, property acquisitions and sales, and mortgage originations. He has been a trustee of two public office REITs, as well as the Urban Land Institute.
The driving force behind $500 million of acclaimed projects like the recently completed 1800 Larimer and Lincoln Station, Rich has a long track record of success and industry leadership, including recognition as Denver’s Developer of the Year (2001). He is a member of the Urban Land Institute and serves on the board of directors of Colorado UpLIFT, and Boy Scouts of America Mile High Council.
Kevin is responsible for identifying new investments and also underwrites and manages properties in Westfield’s portfolio. He also has responsibility for Westfield’s multi-family portfolio in Phoenix. He had been a property manager for company investments after joining Westfield from Shea Homes where he was a project manager for new construction.