The Real Deal New York

The Closing: Richard Mack

Real estate veteran on getting fired and fielding calls from Russian oligarchs
By Katherine Clarke | February 27, 2014 10:30AM

From the February issue: Richard Mack is the co-founder of Mack Real Estate Group, which he runs with his father, William, and his brother, Stephen. The group was founded in 2013 after Mack and his father sold their company, Area Property Partners, formerly known as Apollo Real Estate Advisors, to investment firm Ares Management. Area’s funds collectively invested in more than $70 billion of real estate ventures in 25 countries under the Macks. [more]