Business Details
50+ Years
experience
Your Trusted Partner for Property Management Solutions
Founded in 1968, R D Management has built an enduring reputation as one of the nation's largest privately held real estate development and management organizations. With a portfolio of 150+ assets across the United States and Puerto Rico, we specialize in mixed-use, retail, office, residential, hospitality, self-storage, senior/student housing, industrial, and government sectors. Our vertically integrated expertise spans development, redevelopment, acquisitions, leasing, property management, construction, accounting, legal, and IT services. With over 55 years of experience, we have consistently demonstrated our ability to enhance property value through hands-on management, renovation, re-tenanting, and expansion. Our dedication to asset quality and growth drives measurable results for property owners and tenants alike.Our retail portfolio attracts high-profile national tenants including Walmart, Target, Home Depot, and BJs Wholesale Club, reflecting our industry-leading market position. Guided by core values of integrity, innovation, collaboration, and excellence, we maintain a proven track record of delivering tailored solutions that meet evolving market demands. Our team of seasoned professionals combines deep technical expertise with strategic foresight to address complex challenges in real estate management. We invest in long-term relationships with tenants, partners, and communities, creating sustainable value through comprehensive property stewardship. This unwavering commitment to excellence has solidified our position as a trusted leader in the commercial real estate industry.
Services
Leasing
Property Management
Construction Development
Accounting Financial Services
Legal Services
Details
- Year established: 1968
Highlights and features
- We have over 55 years of experience in commercial real estate management and development
- We offer integrated services covering all aspects of property management and leasing
- Our team maintains direct relationships with major national retail tenants
- We implement proven strategies for property renovation and value enhancement
- Our vertically integrated operations ensure efficient project execution and cost control
Services
Leasing Services
Our experienced leasing team provides comprehensive tenant acquisition services, from market analysis to lease negotiation. We maintain extensive retail networks to identify optimal tenant mixes while monitoring market trends and competition to establish favorable rent guidelines. Our reputation enables direct negotiations with national and regional retailers, streamlining lease execution processes while ensuring compliance with local regulations through our extensive knowledge of municipal requirements.
Property Management
We deliver comprehensive property management services focused on maintaining optimal property conditions and maximizing returns. Our team conducts regular inspections to enhance curb appeal, implement preventive maintenance schedules, and manage contractor relationships. We provide detailed budget planning, capital improvement tracking, and regulatory compliance enforcement while maintaining detailed engineering records and construction documentation to ensure long-term asset viability.
Construction Development
Our construction and development services utilize detailed due diligence processes to ensure project success. We prepare comprehensive construction budgets and timelines while implementing proactive risk management strategies. Our team provides full project oversight with monthly progress reporting and quality control measures. With in-house expertise supported by specialized architectural, engineering, and legal professionals, we ensure smooth project transitions that maintain critical cash flow while delivering developments on time and within budget.
Accounting Financial Services
We offer integrated accounting and financial management services for commercial properties. Our systems track rent collections, expense monitoring, and tax services while generating real-time financial reports. We implement cost-control measures to minimize operating expenses while maintaining separate accounting for property management and center operations. Our financial expertise ensures accurate reporting and strategic budget planning to maximize return on real estate investments.
Legal Services
Our dedicated legal department provides comprehensive real estate legal services, specializing in lease agreements and contract negotiations. We prepare and execute all forms of real estate documentation while maintaining relationships with retailer legal teams to expedite negotiations. Our services include collections management, eviction proceedings, and local counsel coordination. Our proactive legal approach identifies and resolves potential issues before they become operational concerns.
People
Robert P. Murray
Executive Vice President & Managing Partner
With 45 years of experience, Robert P. Murray oversees day-to-day operations and company strategy. He has been instrumental in developing RD's interests in Puerto Rico and holds a business administration degree from the University of Miami.
Richard J. Birdoff
Executive Chairman & Co-CEO
Richard Birdoff manages all company operations with over 30 years of real estate experience. He has developed more than 10 million square feet of shopping centers and holds law degrees from Emory University, bringing strategic leadership to RD's development initiatives.
Michael Carroll
Co-CEO
As Co-CEO with 30+ years in shopping centers, Michael Carroll leads strategic initiatives and capital investments. Former CEO of Centro Property Group, he brings extensive retail relationships and successful IPO experience from his leadership at Brixmor, demonstrating proven executive capabilities.
John Hayes
Chief Financial Officer
John Hayes oversees financial operations with extensive retail real estate experience from his 16-year tenure at Urstadt Biddle Properties. His expertise in financial management and recent involvement in major industry mergers adds strategic value to RD's financial stewardship.
Roger Hirschhorn
Chief Operating Officer
Roger Hirschhorn manages daily operations with 33 years of shopping center experience. His comprehensive understanding of property management, leasing, and finance across both ownership and retail sectors provides valuable operational insights for optimizing property performance.
Questions
What types of properties does RD Management handle?
We manage a diverse portfolio including retail centers, mixed-use developments, office spaces, residential properties, hospitality venues, and industrial facilities across the United States and Puerto Rico.
Does RD Management offer financing options for tenants?
While we focus on property management and leasing, we can connect qualified tenants with preferred financing partners through our extensive industry network.
What construction services does RD Management provide?
Our construction services cover complete project delivery from budgeting and timelines to quality control and regulatory compliance, ensuring developments meet specifications while maintaining cash flow.
How does RD Management handle property maintenance?
We implement preventive maintenance schedules with regular inspections, contractor management, and engineering documentation to maintain optimal property conditions and extend asset longevity.
Can international retailers work with RD Management?
Yes, our extensive experience with national retailers and established market presence makes us ideal partners for international brands entering the US market through strategic locations.
Reviews (3)
Chris Loth
Dec 26, 2021
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Terrible landlord. One star is too high. Terminates leases early if they can make more money. Not transparent at all. Be careful. Just search "Midway Shopping Center St Paul MN" for more info.
Tabitha Welch
Apr 22, 2021
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VERY Poor landlord. They were quick to ignore the lease when it suited them but were just as quick to demand rent.
James W.
Nov 04, 2019
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Five Points Plaza is a shopping center located next to the famous five points intersection in Montgomeryville PA (and where it so gets it's name). There aren't many stores but the big names include BJ's Wholesale, Lowe's, Ruby Tuesday, Red Lobster and a few small smaller stores. It's a large shopping center with plenty of parking for all its stores, and it has a light exit onto Cowpath Road and a right only turn onto Route 309. It's worth checking out, it has great restaurants, great stores and it's in a very convient area too.
