Senior Director – Great Lakes Investment Sales Team

A CCIM designee as an expert in the disciplines of commercial and investment real estate ‒ not to mention having a real estate license in three states ‒ Rick Brace is a Senior Director on Berkadia’s Great Lakes Investment Sales Team. Rick brings 30+ years of in-depth market knowledge to the table as a recognized authority on the disposition of multifamily assets throughout the Midwest. Throughout his tenure with Berkadia, Rick has successfully secured more than $2 billion in sales.

Prior to the merger with Berkadia, Rick utilized his well-honed sales skills during his 10 years with Hendricks & Partners ‒ and before that, 14 years with the Dietz Organization ‒ to accomplish great things in the multifamily space: Rick, together with business partner (and current Great Lakes team member), Rick Vidrio, developed and expanded brokerage activity throughout the Michigan, Ohio, Indiana, Pennsylvania, and Kentucky markets with outstanding success.

Throughout his multifaceted history in commercial sales, Rick acquired a unique set of skills in advising clients on a diversity of transaction types, including office buildings, industrial parks, shopping centers, and many types of multifamily communities. This clear advantage, combined with a steadfast work ethic and a track record of consistently delivering superior results, makes Rick Brace an invaluable asset to any commercial real estate transaction.

Noteworthy is that Rick is also an FAA licensed private pilot, allowing him quick access to any asset throughout the Midwest.

Education & Certifications

  • Arizona State University, BS in Finance

Affiliations & Memberships

  • Member of the Apartment Association of Michigan (AAM)

Awards & Notability

  • CoStar Power Broker
  • CCIM Designation since 2010
  • Licensed Real Estate Professional, Midwestern States
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