Experience

Merion Realty Partners

• United States
• Real Estate
• 1 - 100 Employee

• Partner

  • Jan 2011 - Present

  Merion Realty Partners was established in 2011 by William Landman and Richard Aljian as a vertically integrated real estate investment and management platform. Merion has invested over $275 million of equity on behalf of high net worth individuals, Trusts, Private Equity Funds and Institutional investors. Merion investment entities have acquired 37 apartment communities totaling over 11,000 units in 11 states. The apartment portfolio is managed by Merion Residential, Merion's in house management company. Merion Realty Partners also acts as an advisor and asset manager for CMS Affiliate real estate funds consisting of multifamily, hospitality, retail and nnn leased assets. Rich is a graduate of Villanova University and serve as an advisor for Villanova’s Center for Real Estate which fosters development opportunities for students in the field of real estate, on the Advisory Committee member of the National Multifamily Housing Counsel and was a Board Member of the Valley Forge Casino Resort and also served on the Casino's Audit Committee.



CMS Companies

• Financial Services
• 1 - 100 Employee

• Managing Director, Real Estate

  • Sep 1995 - Dec 2011

  During my tenure as Managing Director of CMS Affiliate Funds, I oversaw the day to day activity of 20 real estate funds representing a total of $1.4 billion of invested equity across a broad array of asset classes. The majority of equity raised by CMS was invested through joint venture operating partnerships. CMS Funds established a focus in the multifamily apartment sector which at one time owned a controlling interest in over 57,000 apartment units nationally. Capital was also raised and deployed in the hospitality sector growing to a portfolio of 30 full service, branded hotels. Other asset classes included a 550,000 square foot medical office portfolio, retail, condominium construction and nnn leased portfolio of assets.