PHOENIX— The Richman Group Development Corp. has appointed Abby Perez as director of development for The Richman Group of Arizona, expanding its leadership team as the company grows its affordable and multifamily housing development platform across the Southwest.
Based in Arizona, Perez will oversee development projects throughout the state while supporting the company’s expansion into New Mexico and Nevada. The appointment comes as The Richman Group continues to pursue new affordable and market-rate housing opportunities in response to growing demand for attainable housing across the region.
Perez joins the company from Dominium, where she managed the underwriting and execution of affordable multifamily developments in Arizona, New Mexico, Nevada and Minnesota. During her tenure, she helped develop and manage nearly 2,500 affordable apartment units, overseeing projects through acquisition, financing, entitlements, construction and conversion.
Her experience includes Low-Income Housing Tax Credit (LIHTC) developments, tax-exempt bond financing, municipal approvals and the coordination of complex public and private financing structures. Among her notable accomplishments were supporting Dominium’s first new construction development in New Mexico and leading the execution of the company’s first build-to-rent community.
“Abby brings exceptional experience in affordable housing development and has successfully managed complex multifamily projects throughout the Southwest,” said Alex Popovic, regional vice president of development for The Richman Group of Arizona. “Her expertise in LIHTC development, tax-exempt financing and navigating public-private partnerships will be an invaluable asset as we continue expanding our development platform across Arizona, New Mexico and Nevada.”
Perez said joining The Richman Group aligns with her commitment to expanding access to quality affordable housing.
“As an Arizona native, I’ve seen firsthand how important affordable housing is to the long-term success of our communities,” Perez said. “I’m excited to help advance our development efforts throughout Arizona while supporting the company’s continued growth across the Southwest.”
Perez holds a Master of Real Estate Development and a Bachelor of Science in Business from Arizona State University’s W. P. Carey School of Business. She is also an active member of the Urban Land Institute and Women in Affordable Housing.
The Richman Group Development Corp. is one of the nation’s largest multifamily real estate developers, specializing in market-rate, workforce, affordable, mixed-income, senior and supportive housing communities. The company provides development services spanning site acquisition, entitlement, design, construction and project delivery.
The appointment underscores The Richman Group’s continued investment in the Southwest, where rapid population growth and rising housing affordability challenges have increased demand for new multifamily housing developments.
