Executive Team
Three plus decades of experience in investing, developing, and managing commercial real estate.
Executive Team
Avir is an opportunistic investor adding value through the improvement of properties in any number of ways. We seek to reposition real estate assets in the market.
Richard F. Smith, Jr.
Founder
Richard F. Smith, Jr., principal of Avir Realty Group, Inc. of Pennsylvania, has served multi-market corporate clients in the North American marketplace from a base in suburban Philadelphia for 28 years. Recently, Mr. Smith has represented national clients in 23 states with over twenty million SF of transactions.
Prior to forming Avir Realty Group of Pennsylvania, he spent 17 years as a top suburban broker beginning with the Jackson-Cross Company. After achieving significant market share based on his production in the Philadelphia suburbs, Mr. Smith was promoted to Vice President in 1994. In 1998 he received further recognition of his high level of production when Liberty Property Trust named him “Broker of the Year.” Among his recent transactions is the sale of the 860,000 SF Honeywell Building, believed to be the largest single building transaction in the Philadelphia suburbs within recent memory.
Through his brokerage work, Mr. Smith has gained unique insight into building values which has enabled him to purchase over a million SF of buildings for Avir or its affiliate. A graduate of St. Joseph University, Mr. Smith holds real estate licenses in Pennsylvania and New Jersey, and he is a member of the Society of Industrial Realtors (SIOR) and the Urban Land Institute.
Eric Gorman
President
Mr. Gorman is responsible for the analysis and underwriting of opportunities for the fund as well as the day to day operations of properties and assists with financial reporting for the company.
Experience Summary: Twenty-Five plus years of experience representing both tenants and landlords in a multitude of product types. Eric has worked with private real estate development and consulting companies as well as institutional real estate owners. Eric has completed more than 500 transactions representing more than 5 million square feet and $700 million in sales and leasing. He has managed over 25 million square feet of property and worked with national companies to develop operating and financial reporting procedures and systems.