Business Details
50+ Years
experience
Trusted Property Management Solutions
R D Management stands as a premier real estate development and management organization with over 55 years of industry leadership. Our portfolio spans 150+ properties across the United States and Puerto Rico, encompassing mixed-use, retail, residential, hospitality, and industrial sectors. With in-house expertise in leasing, property management, construction, accounting, legal, and IT services, we deliver comprehensive solutions that enhance property value through strategic redevelopment and hands-on management.Our proven track record includes successful partnerships with high-profile national tenants like Walmart, Target, and Home Depot, reflecting our commitment to excellence and innovation. We prioritize asset quality and growth, leveraging decades of experience to optimize returns for property owners while maintaining the highest standards of integrity and collaboration.
Services
Leasing
Property Management
Construction & Development
Accounting & Financial
Legal Services
IT Services
Details
- Year established: 1968
Highlights and features
- We offer 55+ years of experience in real estate development and management.
- Our in-house teams handle leasing, construction, legal, and financial services.
- Proven track record with high-profile tenants like Walmart and Target.
- Nationwide presence across 150+ properties in diverse sectors.
- Commitment to asset quality and strategic growth through redevelopment.
Services
Property Management
Our property management services ensure optimal performance of shopping centers and commercial properties. We handle curb appeal, cost control, preventive maintenance, and tenant relations while providing ownership with annual budgets and capital improvement plans. Our on-site managers maintain properties in top condition to attract high-quality tenants and maximize returns.
Leasing Services
We specialize in securing best-in-class retailers through aggressive marketing and extensive industry networks. Our team conducts market analysis, negotiates leases with national chains, and streamlines tenant onboarding processes. By minimizing vacancy periods and optimizing rent guidelines, we help properties achieve maximum income potential through strategic tenant mix planning.
Construction & Development
Our construction and development division manages projects from concept to completion. We prepare detailed budgets and timelines, implement preventive measures to avoid delays, and provide monthly progress reports. With in-house architectural and engineering teams supported by legal experts, we ensure all developments meet quality standards while maintaining cash flow continuity during transitions.
Accounting & Financial
We employ best-in-class systems to monitor property finances, including rent collection, tax services, and insurance verification. Our financial approach focuses on minimizing expenses while maximizing returns through detailed reporting, cost tracking, and strategic budgeting. We maintain separate accounts for income and expenses while providing projections to optimize property value.
Legal Services
Our dedicated legal team handles all real estate contracts, including leases, amendments, and sales agreements. With expertise in timely negotiations and relationships with major retailers, we expedite lease executions while managing collections and evictions when necessary. We work closely with local counsel to ensure compliance and resolve potential legal issues proactively.
People
Robert P. Murray
Executive Vice President & Managing Partner
With 45 years of experience, Robert P. Murray oversees daily operations and company strategy at R D Management. He developed the company's interests in Puerto Rico and holds a business administration degree from the University of Miami.
Richard J. Birdoff
Executive Chairman & Co-CEO
Richard J. Birdoff brings 30+ years of real estate expertise to R D Management, having developed over 10 million square feet of shopping centers. A former attorney, he holds degrees from Emory University and previously served on Crocker Realty's board.
Michael Carroll
Co-CEO
Michael Carroll, with 30+ years in retail real estate, previously led Centro Property Group and played key roles in $9 billion acquisitions. He founded ShopOne Centers REIT and brings extensive institutional investment experience to R D Management.
John Hayes
Chief Financial Officer
John Hayes has 16+ years as CFO in retail real estate, overseeing portfolios exceeding 5 million square feet. He previously managed the merger of Urstadt Biddle with Regency Centers and holds financial management expertise.
Roger Hirschhorn
Chief Operating Officer
Roger Hirschhorn oversees daily operations with 33 years of shopping center industry experience. He manages property management, leasing, and development while holding a business administration degree from the University of Vermont.
Questions
What types of properties does RD Management handle?
We manage a diverse portfolio including retail centers, residential complexes, mixed-use developments, office spaces, and industrial properties across the United States and Puerto Rico.
How does RD Management approach property redevelopment?
We focus on strategic redevelopment through hands-on management, renovation, and re-tenanting. Our approach includes market analysis, tenant mix optimization, and infrastructure improvements to maximize property value.
What leasing services does RD Management offer?
We provide comprehensive leasing services including market analysis, tenant acquisition, lease negotiations, and occupancy management to ensure optimal tenant mix and rental income.
How does RD Management ensure property maintenance?
Our property management team conducts regular inspections, implements preventive maintenance schedules, and monitors operational efficiency to maintain property standards and tenant satisfaction.
What financial management services are provided?
We offer detailed financial oversight including rent collection, tax management, budgeting, and performance reporting to minimize expenses and maximize returns for property owners.
