Resume

Greg R. Rice, Partner

Accomplishments

Greg Rice is a Real Estate professional with 34 years of diversified experience in real estate development, leasing, brokerage sales, acquisitions, property management and asset management. He first spent several years independently developing real estate in Texas. Rice Construction (a firm he owned) developed garden apartments and land in San Antonio. He sold out the principal assets to the Meridith Organization in 1977 and began working for that firm. In that time Meridith Organization accumulated interest in over $800,000,000 of assets.

In his time with the Meridith Organization, he pioneered new businesses and held several positions: (1) Head of Texas property management; (2) Head of National Retail Division; (3) Head of Acquisitions and Development; and (4) President of the Property Management, Leasing and Sales Division. In 1986, Greg founded BANC Property Services Corp., a regional property management, sales, leasing and construction services company. When he sold BANC in early 1990, it was managing over 5 million sq. ft. of commercial space, and over 4,000 residential units. He has been involved in successful closing on literally hundreds of millions of dollars worth of real estate, as well as several million square feet of leases.

In 1991 Greg formed Solid Rock Advisors where he operates his brokerage and real estate consulting activities primarily specializing in hotels, resorts and leisure properties. The Firms specialty is in finding and completing off market transactions. Now Greg has successfully completed over $4 billion dollars in 55 hotel and resort related sale and loan transactions, involving over 115 properties primarily in off market transactions. He also acts as an investment advisor to a number of firms and individual investors.

Expertise and Strengths

Greg's past depth of experience in leasing, sales, acquisitions, financing, syndication management and construction make him highly qualified within the real estate industry. He maintains contact with an extensive number of buyers and network brokers to ensure his clients the best possible exposure to the marketplace. Greg has a thorough knowledge of leases, contracts and the required due diligence process in a closing.

Affiliations and Awards

American Hotel & Motel Association
American Resort Development Association
CIPS - Candidate
FIABCI - Member
International Council of Shopping Centers - Member and Speaker
International Real Estate (NAR) - Member
National Association of Realtors
National Association of Real Estate
Investment Trusts - Member
Pacific Rim Resort & Golf Conference
Former Director, Citizen's for Excellence in Education