Rich currently serves as the Director of Real Estate, Timber, and Agriculture for Utah Retirement Systems (URS), located in Salt Lake City, Utah, for which he oversees strategy, research, acquisitions, and portfolio and asset management. Prior to joining URS, Rich worked as a Certified General appraiser handling complex commercial real estate investment valuations, a background which has proven valuable in Rich’s roles at URS.
With his passion for and extensive experience in agriculture investment, Rich has helped build URS’ Agriculture allocation from the ground up. This includes permanent crops, row crops, and water investments in a variety of structures such as direct investments, joint ventures, managed accounts, co-investments, and funds. He has extensive experience in asset underwriting and valuation, counter party negotiations, asset and investment due diligence, and asset and portfolio management. He enjoys problem solving and working with the rest of his equally-talented and experienced team.
Rich has a Bachelor of Science in Finance and a Master of Real Estate Development degree, as well as a Graduate Certificate in Urban Planning, all from the University of Utah. He is a past chair and active participant in the Farmland Committee of the National Council of Real Estate Institutional Fiduciaries (NCREIF). Rich was a 2014 John W. Koza Leadership Fellow at the Pension Real Estate Association (PREA), holds the Counselor of Real Estate (CRE) designation, and has received the Professional Certificate in Institutional Real Estate from NCREIF.
Most of all, Rich has a passion for and commitment to the mission of URS – to protect and improve the pension benefits for the hard-working public employees of the state of Utah.
With his passion for and extensive experience in agriculture investment, Rich has helped build URS’ Agriculture allocation from the ground up. This includes permanent crops, row crops, and water investments in a variety of structures such as direct investments, joint ventures, managed accounts, co-investments, and funds. He has extensive experience in asset underwriting and valuation, counter party negotiations, asset and investment due diligence, and asset and portfolio management. He enjoys problem solving and working with the rest of his equally-talented and experienced team.
Rich has a Bachelor of Science in Finance and a Master of Real Estate Development degree, as well as a Graduate Certificate in Urban Planning, all from the University of Utah. He is a past chair and active participant in the Farmland Committee of the National Council of Real Estate Institutional Fiduciaries (NCREIF). Rich was a 2014 John W. Koza Leadership Fellow at the Pension Real Estate Association (PREA), holds the Counselor of Real Estate (CRE) designation, and has received the Professional Certificate in Institutional Real Estate from NCREIF.
Most of all, Rich has a passion for and commitment to the mission of URS – to protect and improve the pension benefits for the hard-working public employees of the state of Utah.