Richard Solomon

Chief Operations Officer at The Velocity Companies
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Contact Information
us****@****om
(386) 825-5501
Location
Greenbelt, US

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Experience

    • Real Estate
    • 1 - 100 Employee
    • Chief Operations Officer
      • Jan 2022 - Present

      Major Responsibilities: I am leading and managing diverse development projects while orchestrating team efforts for seamless project execution. I am overseeing the property management company's operational aspects, including rent collection from tenants and allocation of CAM expenses per Lease Agreements. I am overseeing all vital administrative tasks, including Bookkeeping (QuickBooks Pro), Commercial Online Banking, offsite deposits, wire transfers, and meticulous management of Accounts… Show more Major Responsibilities: I am leading and managing diverse development projects while orchestrating team efforts for seamless project execution. I am overseeing the property management company's operational aspects, including rent collection from tenants and allocation of CAM expenses per Lease Agreements. I am overseeing all vital administrative tasks, including Bookkeeping (QuickBooks Pro), Commercial Online Banking, offsite deposits, wire transfers, and meticulous management of Accounts Payable and Accounts Receivable. I am administering external consultants, including attorneys, accountants, and engineers, exercising adept negotiation skills during contract agreements. I am providing on-site leadership for operations at Gastonia, NC sports/entertainment facility, involving extensive travel and hands-on supervision. I am delivering financial statements for businesses and stakeholders. I am cultivating cross-functional collaboration with vendors such as Architects, Engineers, and Contractors by evaluating proposals. Key Deliverables: • Crafted comprehensive project management oversight and employee handbooks through meticulous research and drafting, enhancing internal resources and standards. • Optimized decision-making processes by researching and analyzing Opportunity Zone properties and related offerings. • Forecasted and monitored budgets and cost analyses for projects utilizing various software applications. • Orchestrated HR functions, including job advertising, interviewing prospective talents, scrutinizing hiring and firing procedures, overseeing payroll administration, and ensuring regulatory compliance. • Prepared and organized various presentations to engage stakeholders and joint venture partners. • Systematized and updated draw and payment schedules for multiple concurrent real estate projects, maintaining consistency and adherence to project timelines. • Secured support for governmental funding programs via presentations to government officials.

    • Chief Administrative Officer
      • Jul 2019 - Jan 2022

      General duties include: Responsible for coordinating and directing team members on site acquisition desires. Responsible for overseeing construction management team and providing direction on a project by project basis. HR: list advertisement, interview prospective hires, hiring/firing plus necessary paperwork, payroll, administration, employee handbook, 1099’s. Draft/Edit correspondence, legal documents, leases, responses, etc. Calendar maintenance… Show more General duties include: Responsible for coordinating and directing team members on site acquisition desires. Responsible for overseeing construction management team and providing direction on a project by project basis. HR: list advertisement, interview prospective hires, hiring/firing plus necessary paperwork, payroll, administration, employee handbook, 1099’s. Draft/Edit correspondence, legal documents, leases, responses, etc. Calendar maintenance, scheduling meetings, make updates and resolve scheduling issues using G-mail, Google, Outlook, desktop to Droid, and 3G to 4G, also texting changes as needed Provide research in connection with various zoning and real estate properties reviewed by senior staff Responsible for filing all state and county required paperwork to maintain licensing and corporate status including Minority Business Enterprise participation in projects. Responsible for researching, drafting and preparing project management oversight including reviewing bids from third party vendors. Responsible for collecting invoices from third party vendors, preparing draw schedules and coordinating payment of invoices from equity providers and lenders. Provide incident response and management for security, business continuity and facility issues. Negotiate or manage the negotiation of new leases for the Company’s tenants; manages lease renewals or relocation recommendations as needed. Management of resources that are responsible for repairs and preventive maintenance on a wide variety of building and facility equipment, HVAC, fixtures and systems. Oversee and coordinate operations for minor league baseball organization, including payroll, event management, contract negotiation oversight, accounts payable, accounts receivable, etc.

    • Director Of Administration
      • Jan 2016 - Jul 2019

      General Administrative duties including: HR: list advertisement, interview prospective hires, hiring/firing plus necessary paperwork, payroll, administration, 1099’s Travel preparation: domestic airline travel, hotel, ground transportation, itinerary for trip, confirm all arrangements and/or meetings prior to trip, maintain contact with principal, convey messages and cover desk for duration of trip Prepare, edit, and maintain draw and payment schedules for numerous ongoing… Show more General Administrative duties including: HR: list advertisement, interview prospective hires, hiring/firing plus necessary paperwork, payroll, administration, 1099’s Travel preparation: domestic airline travel, hotel, ground transportation, itinerary for trip, confirm all arrangements and/or meetings prior to trip, maintain contact with principal, convey messages and cover desk for duration of trip Prepare, edit, and maintain draw and payment schedules for numerous ongoing real estate projects Draft / Edit correspondence, legal documents, leases, responses, etc. Calendar maintenance, scheduling meetings, make updates and resolve scheduling issues using G-mail, Google, Outlook, desktop to Droid, and 3G to 4G, also texting changes as needed Provide research in connection with various zoning and real estate properties reviewed by senior staff Responsible for filing all state and county required paperwork to maintain licensing and corporate status Responsible for researching, drafting and preparing project management oversight and employee handbooks for company use Responsible for obtaining and reviewing bids from third party vendors on multitude of projects. Responsible for coordinating and directing team members regarding client directions on site acquisition desires. Responsible for overseeing construction management team and providing direction on a project by project basis. Responsible for collecting invoices from third party vendors, preparing draw schedules and coordinating payment of invoices from equity providers and lenders. Research items related to new Opportunity Zone Regulations.

    • Computers and Electronics Manufacturing
    • Director of Administration/ Program Manager
      • May 2010 - Dec 2015

      Major Responsibilities: I have managed all aspects of commercial online banking operations, including the reconciliation of bank accounts, processing offsite deposits, wires, as well as internal and external transfers. I have overseen staff members and meticulously managed shift schedules for Red Carpet Inn. I have conducted comprehensive reconciliation of hotel room rentals and have handled credit card fraud disputes for businesses. I have orchestrated seamless travel arrangements by… Show more Major Responsibilities: I have managed all aspects of commercial online banking operations, including the reconciliation of bank accounts, processing offsite deposits, wires, as well as internal and external transfers. I have overseen staff members and meticulously managed shift schedules for Red Carpet Inn. I have conducted comprehensive reconciliation of hotel room rentals and have handled credit card fraud disputes for businesses. I have orchestrated seamless travel arrangements by coordinating domestic airline travel, hotel accommodations, ground transportation, and crafting detailed trip itineraries. Additionally, I have prepared and organized accurate financial statements catering to businesses and stakeholders. Key Deliverables: • Drafted and edited correspondence, legal documents, responses, and more. • Confirmed all arrangements and meetings prior to trips, maintaining constant communication with the principal. • Developed, refined, and kept financial spreadsheets within Excel, while integrating into PowerPoint presentations and other marketing/financial materials for various business ventures associated with principal. • Crated an organized calendar by scheduling meetings, effecting updates, and resolving scheduling conflicts using tools such as G-mail, Google, Outlook, and cross-platform integration from desktop to Droid. • Filed essential state and county paperwork vital for upholding licensing and fulfilling sales tax obligations. Show less Major Responsibilities: I have managed all aspects of commercial online banking operations, including the reconciliation of bank accounts, processing offsite deposits, wires, as well as internal and external transfers. I have overseen staff members and meticulously managed shift schedules for Red Carpet Inn. I have conducted comprehensive reconciliation of hotel room rentals and have handled credit card fraud disputes for businesses. I have orchestrated seamless travel arrangements by… Show more Major Responsibilities: I have managed all aspects of commercial online banking operations, including the reconciliation of bank accounts, processing offsite deposits, wires, as well as internal and external transfers. I have overseen staff members and meticulously managed shift schedules for Red Carpet Inn. I have conducted comprehensive reconciliation of hotel room rentals and have handled credit card fraud disputes for businesses. I have orchestrated seamless travel arrangements by coordinating domestic airline travel, hotel accommodations, ground transportation, and crafting detailed trip itineraries. Additionally, I have prepared and organized accurate financial statements catering to businesses and stakeholders. Key Deliverables: • Drafted and edited correspondence, legal documents, responses, and more. • Confirmed all arrangements and meetings prior to trips, maintaining constant communication with the principal. • Developed, refined, and kept financial spreadsheets within Excel, while integrating into PowerPoint presentations and other marketing/financial materials for various business ventures associated with principal. • Crated an organized calendar by scheduling meetings, effecting updates, and resolving scheduling conflicts using tools such as G-mail, Google, Outlook, and cross-platform integration from desktop to Droid. • Filed essential state and county paperwork vital for upholding licensing and fulfilling sales tax obligations. Show less

    • Developer and Marketing
      • Apr 2006 - Apr 2010

      Performed all phases of oversight and review in connection with the development of a Six Thousand (6,000) Square Foot adult day care facility located on just less than two acres in Stuart, Florida Researched and prepared feasibility report and financial data report for potential lenders and investors regarding adult day care industry in South Florida Acquisition, development and operation of seventy participant Adult Day Care Center Negotiated Food Service contract with several food… Show more Performed all phases of oversight and review in connection with the development of a Six Thousand (6,000) Square Foot adult day care facility located on just less than two acres in Stuart, Florida Researched and prepared feasibility report and financial data report for potential lenders and investors regarding adult day care industry in South Florida Acquisition, development and operation of seventy participant Adult Day Care Center Negotiated Food Service contract with several food service contractors to insure compliance with Florida nutritional guidelines for Adult Day Care facilities Developed concepts to add additional activities and revenue streams to benefit facility and participants Maintained books and records regarding participant files and private billing and revenue collection Show less Performed all phases of oversight and review in connection with the development of a Six Thousand (6,000) Square Foot adult day care facility located on just less than two acres in Stuart, Florida Researched and prepared feasibility report and financial data report for potential lenders and investors regarding adult day care industry in South Florida Acquisition, development and operation of seventy participant Adult Day Care Center Negotiated Food Service contract with several food… Show more Performed all phases of oversight and review in connection with the development of a Six Thousand (6,000) Square Foot adult day care facility located on just less than two acres in Stuart, Florida Researched and prepared feasibility report and financial data report for potential lenders and investors regarding adult day care industry in South Florida Acquisition, development and operation of seventy participant Adult Day Care Center Negotiated Food Service contract with several food service contractors to insure compliance with Florida nutritional guidelines for Adult Day Care facilities Developed concepts to add additional activities and revenue streams to benefit facility and participants Maintained books and records regarding participant files and private billing and revenue collection Show less

    • Owner
      • Sep 1995 - Apr 2009

      As an attorney and consultant advised clients in connection with accounting, asset protection, bankruptcy, business, corporate, estate planning and administration, real estate and tax planning Provided services in connection with purchase and sale of over one hundred businesses Provided advice and counsel on over one thousand commercial and residential real estate transactions As an attorney and consultant advised clients in connection with accounting, asset protection, bankruptcy, business, corporate, estate planning and administration, real estate and tax planning Provided services in connection with purchase and sale of over one hundred businesses Provided advice and counsel on over one thousand commercial and residential real estate transactions

    • Attorney
      • Aug 1990 - Aug 1995

      As an attorney and consultant represented clients in connection with bankruptcy, business, corporate, real estate and tax planning. As an attorney and consultant represented clients in connection with bankruptcy, business, corporate, real estate and tax planning.

    • United States
    • Senior Attorney
      • Jul 1989 - Jul 1990

      As an attorney and consultant represented clients in connection with asset protection, bankruptcy, business, corporate and tax planning. As an attorney and consultant represented clients in connection with asset protection, bankruptcy, business, corporate and tax planning.

    • Tax Attorney
      • Jan 1988 - Jun 1989

      attorney represented clients in connection with tax consequences of a myriad of corporate transactions. attorney represented clients in connection with tax consequences of a myriad of corporate transactions.

    • China
    • Accounting
    • 700 & Above Employee
    • Tax Consultant
      • Aug 1986 - Dec 1987

      As a Tax Consultant provided advice and counsel in connection with tax consequences for corporate and individual taxpayers including an analysis of 1986 Tax Act for presentation to local businesses and the preparation of spreadsheets, work papers and financial statements in connection with Federal and State tax implications on business operations for numerous companies. As a Tax Consultant provided advice and counsel in connection with tax consequences for corporate and individual taxpayers including an analysis of 1986 Tax Act for presentation to local businesses and the preparation of spreadsheets, work papers and financial statements in connection with Federal and State tax implications on business operations for numerous companies.

Education

  • The George Washington University Law School
    Doctor of Law (JD), Corporations and taxes
    1983 - 1986
  • University of Maryland College Park
    Bachelor of Arts (B.A.), Political Science and Government
    1979 - 1983

Community

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