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J. Richard Quigley

Vice president of Reas Konsulting
By : Greg Goodale

   Richard Quigley estimates that during his 26 years in the real estate business he has been responsible for the development of 1.7 million square feet of residential and commercial real estate properties.

   His first post after completing his six-year architecture degree at the Catholic University in Washington D.C. was in Tunisia, where he worked as an architect with the Peace Corps on the construction of the University of Tunis campus. On returning to the United States, he decided he was more interested in real estate finance than design. To this end he began work on an MBA, which got him his first post at the Prudential Insurance Company of America (Pricoa) where he stayed for six years and became general manager for real estate investments.

   During the 1980s he set up commercial developments for Cadillac Fairview Urban Development and Maybec Properties, where he worked as president until 1986. After this, along with Maybec colleague Paul Bruce, he set up a development and consulting company. This venture brought him to Europe to work for developer Golub on a 275,000 square-meter office building in Warsaw. When the financing for the project fell through, Quigley transferred to Padco and spent four years working for the USAID program supporting the development of the Polish housing sector. He eventually moved to Poland in 1994. Here he first met Kazimierz Kirejczyk, and with partners Paweł Sztejter and Grzegorz Żochowski set up Reas Konsulting in 1997 to provide consulting services to the housing sector. Since 2000 the company has cooperated with Andersen Consulting in publishing annual research reports on the Polish housing market.

   Past Notes

   1969 – Graduated in architecture from the Catholic University of America, Washington D.C.

   1969 – Worked for the Peace Corps in Tunisia

   1973 – Completed an MBA in finance at the Wharton School, Pennsylvania

   1976 – Joined Pricoa as senior appraiser

   1983 – President of Maybec Properties

   1986 – President of Quigley & Company

   1993 – Housing development advisor at Padco

   1997 – Vice president of Reas Konsulting

   Word of advice

   “To work here and keep your sanity is a question of maintaining patience, being flexible and adapting. Everything takes longer.”

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