Richard Finkelstein
Principal, Ascend Properties LLC
Boca Raton, FL 33431
Phone (561) 417-6201
Property Types
Flex
Markets
South Florida
Bio
A resident of south Florida for over thirty – five years, RICHARD FINKELSTEIN has earned a well deserved reputation for performance, leadership, integrity, and community service. He entered the market as a member of the senior management team of a locally based, national publicly traded housing firm, before embarking on a number of his own successful residential and commercial real estate ventures. In 1992 he co-founded KENCO COMMUNITIES and as its President the past twenty years has delivered over 3,000 homes with and aggregate value in excess two and a half billion dollars. KENCO'S homes and communities are recognized for their luxurious appointments and meticulous attention to detail and workmanship. Due to astute land purchases, cost containment and maximization of consumer pricing these projects generated fiscal returns well above typical industry standards.
Finkelstein's guidance, insights, and intimate local market knowledge is sought out by numerous national and international institutions, and investors, and is highly valued when making significant business decisions.
Southern Properties Fund and was Co-Founded by Finkelstein (and Michael Wohl) over Fifteen years ago to acquire and operate Multi-Family rental communities. The entity successfully accumulated a portfolio of 1500 units which have delivered a strong return on partner's investment.
Finkelstein has enjoyed valued Co – Venture relationships with numerous entities including; Taylor Morisson, JE Robert company, Melvin Simon and associates, the Mack family, the Belfer family, and international financier, George Soros.
He has established a deep legacy of community and charitable involvement, including: Founding trustee and current President of the Daniel D. Cantor senior center - Sunrise, FL, National Trustee: the University of Maryland, Board of Director - National Conference of Christians and Jews, Governor the Honda Golf Classic foundation, past Chairman of the city of Pompano Beach redevelopment authority and numerous other positions. He earned his undergraduate degree from the University of Maryland, and Post graduate credentials from the New York University Institute of Real Estate. He holds Florida state licenses as: Certified General Contractor, Real Estate Broker, and Property Manager.
