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Richard A. O’Connor is the Manager Member of Shopping Centers Southeast, LLC, Realty Mogul Select, LLC, Builder Finance V, LLC, Builder Finance Group, LLC, Melbourne Capital Advisors, LLC and Multi Trade Solutions, LLC. In October 2009 O’Connor began organizing various entities for the purpose of investing in residential and commercial real estate, including providing equity, construction loan, end-loan and other financing to owners of real property and acquiring, owning, holding, entitling, maintaining, developing, renting, selling or otherwise disposing of or dealing with real estate owned for investment and future appreciation purposes. O’Connor previously was a Deloitte Consulting, LLC Principal and Deloitte & Touche, LLC Partner (“Deloitte”) retiring in 2009 at age 52. Mr. O’Connor spent twenty-seven years at Deloitte in various roles. He was a founding member of Deloitte’s middle-market (up to $5 billion in revenues) Management Solutions & Services and predecessor practices. As such, he served in various local, national and international roles including leadership, as the Michigan Practice Leader, Great Lakes Regional Managing Director, National Management Committee Member, National Managing Director of the US Supply Chain Service Line and Global Supply Chain Management Committee Member. He was the founder and Managing Director of the Great Lakes Management Solutions & Services practice and predecessors for 17 years. Prior to that he was an Audit Partner.
Shopping Centers Southeast, Llc
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Managing MemberShopping Centers Southeast, Llc Jun 2017 - PresentMelbourne Beach, FlSCSE was formed on June 2, 2017 for the purpose of investing in open-air, multi-tenant shopping centers, specifically Community Centers or Large Neighborhood Centers (100,000 to 400,000 sq. ft.) in growing secondary markets in the Southeast United States. The "retail apocalypse" precipitated by the "Amazon-ing" of the retail sector resulted in dislocations within the related real estate sector. New supply has been virtually non-existent, public vs. private market valuations went upside down and intense selling of "non-core" properties by public REIT's made properties available at attractive prices. These marketplace dynamics created attractive investment opportunities in areas resistant to the negative effects of e-commerce (e.g. grocery or discount anchored centers complimented by personal service oriented retail), particularly if focused on secondary growth markets. SCSE has targeted these types of centers and markets and through 1Q19 has closed on six investments in a dozen properties.
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Managing MemberRealty Mogul Select, Llc Feb 2016 - PresentUnited StatesRealty Mogul Select, LLC (“RMS”) was organized in February 2016 to leverage one of the leading real estate “crowdfunding” sites – RealtyMogul.Com. It has invested in five real estate projects diversifying into several real estate asset sub-classes and geographies.
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Managing MemberBuilder Finance V, Llc Apr 2014 - PresentSoutheast MichiganBuilder Finance V, LLC was formed as a Michigan limited liability company on April 2, 2014 for the purpose of investing in various real estate development projects.Builder Finance V, LLC ("BFV") closed on its first investment in a second mortgage loan on a fifty-lot development near Howell, MI (Marion Township, Livingston County, MI) on July 31, 2014. The project was a “redevelopment” conversion from duplex to single-family homes. The project was acquired by a regional builder during the Great Recession, redeveloped (e.g. zoning, engineering, permitting, association approvals, clean up, etc.).Builder Finance V, LLC closed its second investment on December 1, 2014 taking 16.67% equity interest in two residential real estate development projects in Southeast Michigan ("SEM"). The Projects were sponsored by one of SEM's premier Home Builders. The Builder, established in 1945, has been recognized for developing over 40 of the finest condominium and single-family home communities in SEM. These two Projects are located in Royal Oak, MI (36 sites) and New Hudson, MI. (29 sites).Builder Finance V, LLC ("BFV") closed on an additional investment on June 30, 2015 taking a 11.54% equity interest in four residential real estate development projects in Southeast Michigan.
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Managing MemberMelbourne Capital Advisors, Llc Apr 2014 - PresentMelbourne Beach, FlIndependent Business Advisor
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Managing MemberBuilder Finance Group, Llc 2013 - PresentSoutheast MichiganInvestment Company focused on Residential Real EstateIn November of 2013 Builder Finance Group, LLC (“BFG”) made an equity investment in a set of four residential real estate projects. The projects are being developed by a very well established Southeast Michigan Builder. Specifically the four properties involve 216 lots comprised of both developed (i.e. finished lots) and partially developed properties (i.e. incomplete or in need of re-development) located in Southeast Michigan.
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Managing MemberMulti Trade Solutions, Llc Jan 2010 - PresentMelbourne Beach, Florida AreaIndependent Business Advisor
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DirectorRose Hill Center, Inc. Jan 2010 - PresentResidential Mental Health Treatment Center
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Managing Member3G Development Ii, Llc 2010 - PresentSoutheast MichiganResidential Real Estate Investment & Development3G Development II, LLC (“3G2”) has provided construction and end-loan financing to a third party local builder for the second phase of an 80 lot residential development in South Lyon, MI. Beginning in September of 2010, 3G2 invested in Phase 1 of the So.Lyon development in the form of mortgage notes on a number of the 32 developed lots in Phase 1. Subsequently, 3G2 financed the Phase 2 raw land development and now holds a first mortgage on all finished lots in Phase 2. Phase 2 is sold out. 3G2's annualized return to Class B Investors was 16% on Phase 2.
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Principal (Retired)Deloitte Consulting 1981 - 2009 -
Partner (Retired)Deloitte & Touche 1981 - 2009
Rick O'Connor Skills
Rick O'Connor Education Details
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Finance/Agriculture Business -
Chartered Financial Analysts InstituteEquity
Frequently Asked Questions about Rick O'Connor
What company does Rick O'Connor work for?
Rick O'Connor works for Shopping Centers Southeast, Llc
What is Rick O'Connor's role at the current company?
Rick O'Connor's current role is Owner at Melbourne Capital Advisors, LLC.
What is Rick O'Connor's email address?
Rick O'Connor's email address is ro****@****aol.com
What is Rick O'Connor's direct phone number?
Rick O'Connor's direct phone number is +131339*****
What schools did Rick O'Connor attend?
Rick O'Connor attended Michigan State University, Chartered Financial Analysts Institute.
What are some of Rick O'Connor's interests?
Rick O'Connor has interest in Golf.
What skills is Rick O'Connor known for?
Rick O'Connor has skills like Financial Modeling, Due Diligence, Mergers, Mergers And Acquisitions, Accounting, Fishing, Financial Reporting, Financial Analysis, Private Equity, Management Consulting, Restructuring, Corporate Finance.
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Rick O'Connor
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Rick O'Connor
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Rick O'Connor
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