As CEO of Bridge Property Management LLC and Co-CIO of Bridge Workforce & Affordable Housing, Richard Stayner oversees all property management processes, personnel, and operations on a day-to-day basis along with reporting procedures for institutional clients, joint venture partners, lenders, governmental entities and housing authorities. Mr. Stayner has over 25 years of extensive multi-family property management experience including both large-scale conventional and affordable housing apartment projects along with condominium properties with Prowswood Companies, Boston Financial, and Lend-Lease.
Mr. Stayner has been instrumental in the underwriting and due diligence process of Bridge’s portfolio, in addition to being responsible for the on-site, value add improvements that have allowed Bridge to extract significant value from properties and to deliver strong returns to investors.
As a principal with Lend-Lease Real Estate Investments division, Mr. Stayner had responsibility for its multifamily apartment assets in 11 western U.S. states along with asset acquisitions, and market and operational analysis. He also developed Lend-Lease’s operational procedures for their management of the U.S. military housing privatization project.
Mr. Stayner has a Certified Property Management designation and is a past board member of the Salt Lake Apartment Association as well as a past president of the Utah Chapter of the Institute of Real Estate Management.