Richard L. Croteau
Rick provides operational and senior leadership to the development of Newland’s residential master-planned, commercial, retail and urban mixed-use real estate projects in Florida, Georgia, Maryland, North Carolina, South Carolina and Virginia. Rick leads the growth strategy for the East region through oversight and coordination of acquisition opportunities including sourcing, due diligence, contracting and closing of all acquisition activity.
Rick has over 25 years of real estate experience in 26 markets throughout the US. Prior to joining Newland, he was a Senior Vice President with Terrabrook, holding regional and national management positions on investment committees and all Joint Venture Boards. During this time Rick oversaw the development of many real estate projects including the McKinney Texas community of Stonebridge Ranch, a 5,000-acre mixed-use development with approximately 9,000+ single- and multifamily homes, 280 acres of retail and 270 acres of office space. Previous to Terrabrook, Rick was Vice President and General Manager of Mobil Land Development Corporation’s Texas Region. At Mobil he worked in the international real estate services group doing in-house office and industrial site selection and leasing.
Rick has a Bachelor of Science degree in Business from the University of Rhode Island. He is an active member of the Urban Land Institute.
