Bellwether is excited to announce that Richard Loo has been selected to serve as our Director of Real Estate Development. Over the last three and a half years, in his role as a Senior Housing Developer, Richard has led the charge on complex development projects including the rehabilitation of the Parker Apartments and the ground-up development of Arbora Court, our largest project to date. He has also taken the lead in assessing the business and political risks and benefits of potential new projects and in establishing important new joint development relationships for future projects. Richard is a mature leader who brings a diverse professional background. Prior to joining Bellwether, Richard worked in the financial industry as a lender and a developer in the private sector. He ran his own business as a development consultant and he was an architect focusing on multi-family and hospitality developments. Throughout Richard’s tenure at Bellwether, he has forged strong relationships with community members, industry partners, key stakeholders and his Bellwether teammates. He has advocated with public and private funders to advance Bellwether’s mission and business interests. He is
well positioned to guide Bellwether’s development as we continue to grow our own portfolio, manage complex rehabilitations for our existing buildings and provide high quality development services to other nonprofit organizations. "It is with great honor and humility that I accept the position of Director of Real Estate Development," shared Loo. "The need for affordable housing is more urgent than ever. It is a privilege to be working for an organization that is part of the solution."