About RCMI
Realty Center Management, Inc. (RCMI) was established in 1984 by the former principals of the Parks, Palmer, Turner & Yemenidjian (PPTY) accounting firm to manage their real estate holdings, as well as those of their numerous high-profile clients. James R. Parks, a founding partner of PPTY is Chairman of the Board and a 50% shareholder of RCMI.
For over 30 years, RCMI and its affiliates have expanded their management services to include a large and diversified portfolio of properties in California, Texas and Louisiana. Currently, RCMI manages and has an ownership interest through affiliates of over 9470 apartment units and approximately 200,000 square feet of commercial office space. The assets under management have a fair market value over $1.5 Billion.
CREATING VALUE THROUGH OUTSTANDING MANAGEMENT
The primary goal at RCMI is to create value through outstanding management and the successful implementation of financial objectives. Through its successes and those of its investors and partners, RCMI has enjoyed tremendous growth and success, having capitalized and created a diversified series of real estate investment opportunities. A successful portfolio starts with one well-chosen and well-managed investment. With the expertise of RCMI, its investors and partners have built successful and diversified real estate portfolios, able to provide economic security beyond that of other types of investments.
As part of its overall strategy, RCMI and its affiliated companies define and implement innovative, achievable financing solutions for the private sectors. RCMI also creates value for its investors and partners by creating financial solutions that seek to minimize borrowing costs, while enhancing operational flexibility and minimizing interest fluctuation rate risk.
At RCMI there exists the experience to get both the complex and ordinary real estate projects through the inevitable cycles that have destroyed many real estate investment portfolios. RCMI’s three decades of successful growth is a testament to that ability.
