Benjamin Milde '96
Managing Partner, Richbell Equities, LLC
Cornell Nolan School affiliations:
Real Estate Professionals in Residence Program
Areas of expertise:
- Multi family development
- Asset management
- Finance
Cornell Nolan School affiliations:
Real Estate Professionals in Residence Program
Areas of expertise:
- Multi family development
- Asset management
- Finance
Ben Milde has spent over 25 years focused on Commercial Real Estate Investing, development, lending, and asset management. Currently Mr. Milde is the Managing Member of Richbell Equities, LLC and the Chief Investment Officer of Convene Capital, Inc.
Richbell Equities, LLC, is a privately held multifamily investment, development, and asset management company. Richbell Equities currently asset manages over 750 existing multifamily units in New York’s Capital District. In addition, Richbell Equities, is actively developing 2 projects totaling 180 units and is in the pre-development and planning stages for additional projects totaling over 300 multifamily units in Syracuse and the Capital District. Mr. Milde is also a Principal of Capital District Properties, LLC, which provides day to day Property Management for each asset in the Richbell Equities, LLC portfolio.
Convene originates and invests in Preferred Equity and Mezzanine Debt positions backed by high-quality multifamily properties located throughout the United States.
Previously Ben was a Managing Director at TPG Global and prior to that was Head of Commercial Mortgage Originations at Allegiant Real Estate Capital (which was known as FirstKey Lending prior to the relaunching of FirstKey’s CRE business as an independent investment company under the Allegiant banner in 2016).
Prior to that, Mr. Milde was a Managing Director and Head of Commercial Mortgage Originations in the CRE Finance Group at Citigroup. At Citi Mr. Milde focused on both balance sheet and CMBS lending. Mr. Milde supervised an origination effort during his tenure at Citi which resulted in over 500 individual loans totaling over $9 billion.
Prior to Citi, Mr. Milde was a Managing Director in the CRE Finance group at J.P. Morgan. Mr. Milde joined J.P. Morgan in 2008 because of its acquisition of Bear Stearns, where he was a Senior Managing Director in the CRE Finance group. Mr. Milde’s tenure at Bear Stearns started in 1996 as commercial mortgage underwriter. Mr. Milde’s efforts at Bear Stearns focused on originations from 2001 onwards and resulted in 235 newly originated loans totaling over $4.4 billion.
Mr. Milde received a B.S. in Applied Economics and Business Management from Cornell University and an M.B.A. from New York University’s Stern School of Business.