Richard D. Hanks

Richard D. Hanks Email and Phone Number

Chief Business Officer (CSO) @ MMC Government Solutions
Bowie, MD, US
Richard D. Hanks's Location
Bowie, Maryland, United States, United States
Richard D. Hanks's Contact Details

Richard D. Hanks work email

Richard D. Hanks personal email

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About Richard D. Hanks

A results driven, dynamic leader who uses creative problem solving to enhance organizational effectiveness. Skilled in affordable and mixed-use developments, financial analysis, and professional development training. A bold operator with an inquisitive mind who uses his professional and educational toolkit to analyze existing frameworks to develop innovative solutions that seek to solve mission-critical problems and shape the future. Also highly skilled in construction, operational, and change management.

Richard D. Hanks's Current Company Details
MMC Government Solutions

Mmc Government Solutions

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Chief Business Officer (CSO)
Bowie, MD, US
Richard D. Hanks Work Experience Details
  • Mmc Government Solutions
    Chief Business Officer (Cso)
    Mmc Government Solutions
    Bowie, Md, Us
  • The Fedpropel Institute
    Founder & Executive Director
    The Fedpropel Institute Nov 2021 - Present
    Washington Dc-Baltimore Area
    Co-founder and interim Executive Director of The FedPROPEL Institute (FedPROPEL). The FedPROPEL Institute is a small business federal accelerator program designed to help create more parity in federal procurement by assisting minority-led firms in receiving a greater share of awards. This is embodied in our Three10 Initiative: within 10 years position 10,000 companies to annually secure $10 billion of federal contracts. Think of us as a technical assistance program on steroids. In addition to in-depth training and advisory services, we will provide a small business marketplace for firms to better engage with other stakeholders, secure contracts and receive support on their entrepreneurial journey. The FedPROPEL Institute has worked with leaders in the federal contracting community to create a cohort-based modular program that combine instructor led group training with individual consulting services that help firms create the foundation for sustained success in the Federal marketplace.Understanding that our target demographic needs financial as well as programmatic support, our model provides non-dilutive capital in the form of recoverable grants that are only repaid if the participants secures a new government funded award. Our motto: We. Succeed. Together.
  • Mmc Consulting
    Chief Strategy Officer (Cso)
    Mmc Consulting May 2017 - Present
    Washington D.C. Metro Area
  • The Leidesdorff Group Holdings, Llc
    Co-Founder / Managing Member
    The Leidesdorff Group Holdings, Llc Sep 2015 - Apr 2018
    Washington D.C. Metro Area
  • Housing Opportunities Commission
    Housing Acquisitions Manager
    Housing Opportunities Commission Feb 2013 - Oct 2015
    • Member of new real estate team tasked with reviewing the Commission’s $1.2 billion portfolio to increase and improve its affordable housing stock, provide additional cash flow to fund future initiates and create development pipeline to provide an additional 3,000 over next 5 years. • Led the renovation of nearly 1,000 units setting the standard for fixtures and finishes for future renovation. Negotiated with suppliers and contractors to lower the overall renovation cost by nearly $8,000 per unit. Oversaw nearly $80 million in renovations as the acting head of construction.• Delivered $29 million tax credit financed renovation project consisting of 6 buildings and 132 units. Led compressed schedule value engineering efforts to ensure that project is complete on time and reduced overruns by approximately $1 million.• Creating development plans for several existing multi-family properties to include significant rehabilitations, gut renovations, and total redevelopments. Total development potential for existing and new units is approximately 1,500 units of affordable and market rate housing across multiple sites.
  • The Community Builders, Inc.
    Development Project Manager
    The Community Builders, Inc. Jun 2010 - Sep 2012
    Washington, Dc
    • Managed the development of Matthews Memorial Terrace (MMT), a $22 million 99-unit tax credit financed affordable housing development located in Washington, DC. • Worked with the MMT general contractor to eliminate nearly $200,000 in hard cost overruns. Process included value engineering, aggressive cost management and intense negotiations.• Ensured project exceeded required minority- and women-owned business participation requirements with nearly $6 million of contracts awarded to certified Washington, DC-based businesses.• Led and participated in RFP responses and tax credit applications for projects in the District of Columbia, Pennsylvania and Virginia. Won award to redevelop 11 acres in Norfolk, VA.
  • Renaissance Development (Rendev, Llc)
    Co-Founder & Managing Member
    Renaissance Development (Rendev, Llc) Apr 2003 - Jun 2010
    Washington, Dc
    • Co-founded real estate development firm focused on residential, commercial and mixed-use development as well as in-fill redevelopment of sites in the Washington, DC metro area.• Renovated 34 housing units, converting many from rentals into low to moderate-income homeownership opportunities for first-time homebuyers.• Managed development and construction activities including project design and scheduling, sub-contractor negotiation and hiring, material orders and delivery for in-house and client projects.• Advised a large development firm on investing in urban in-fill markets. Research led to a proposal for a 400,000sf in-fill redevelopment opportunity in an underserved DC community. • Participated in nearly $7 million of local renovation creating nearly $2.5 million in equity / value.
  • City First Bank Of Dc
    Senior Credit Analyst
    City First Bank Of Dc Oct 2001 - Apr 2003
    Washington, Dc
    • Performed underwriting for investors in low- to moderate-income neighborhoods. Transactions included single- and multi-family renovations, refinancing and real estate lines of credit. Received approximately $10 million in approvals at a bank with $40 million in outstanding loans.• Worked with clients to resolve issues relating to outstanding balances, loan payoffs and opportunities to expand their banking relationships.• Audited client files prior to regulatory review. Brought files into compliance by updating various components. Reviews resulted in bank receiving a superior score from regulators.
  • Weeks Corporation, Inc
    Development Analyst
    Weeks Corporation, Inc Aug 1997 - Aug 1999
    Greater Atlanta Area
    • Negotiated final closing prices for the purchase of nearly $50 million in joint-venture projects. Analyzed building and land acquisitions resulting in over $200 million in land transactions. • Evaluated development cycles, investment opportunities, and competitive landscapes used to price lease transactions for over 35 buildings under development.• Negotiated the acquisition of several properties held in joint-ventures. Saved the company over $2 million versus the proposed acquisition price. Created $500 million three-year development plan.
  • Goldman Sachs
    Financial Analyst
    Goldman Sachs Aug 1995 - Jul 1997
    New York, Ny
    • Integral member of teams that executed nearly $2 billion in transactions resulting in nearly $20 million in fees for the firm. Assisted senior management with strategic decision-making. • Prepared financial analyses and presentations for business solicitations and board meetings. Work was key in winning advisory assignments and closing transactions. • As the sole Goldman Sachs representative, directed buyer presentations and due diligence meetings for both publicly traded and privately owned firms. Provided guidance to potential acquirers. Firm was sold for 75% above its stock’s pre-marketing trading price.

Richard D. Hanks Skills

Affordable Housing Real Estate Development Real Estate Economics Real Estate Residential Homes Mixed Use Apartments Urban Redevelopment Investment Properties Real Estate Transactions Feasibility Studies

Richard D. Hanks Education Details

Frequently Asked Questions about Richard D. Hanks

What company does Richard D. Hanks work for?

Richard D. Hanks works for Mmc Government Solutions

What is Richard D. Hanks's role at the current company?

Richard D. Hanks's current role is Chief Business Officer (CSO).

What is Richard D. Hanks's email address?

Richard D. Hanks's email address is co****@****ter.net

What is Richard D. Hanks's direct phone number?

Richard D. Hanks's direct phone number is +186598*****

What schools did Richard D. Hanks attend?

Richard D. Hanks attended The University Of Chicago - Booth School Of Business, Florida Agricultural And Mechanical University, Babson College.

What skills is Richard D. Hanks known for?

Richard D. Hanks has skills like Affordable Housing, Real Estate Development, Real Estate Economics, Real Estate, Residential Homes, Mixed Use, Apartments, Urban Redevelopment, Investment Properties, Real Estate Transactions, Feasibility Studies.

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