WE ARE ON A MISSION.
To develop affordable housing for all.
Affordable Real Estate Solutions
We are a publicly traded real estate growth company focused on providing affordable housing solutions for low to moderate income households.
SUSTAINABLE. COMMUNITY CENTRIC.
"I have spent decades cultivating relationships in both the public & private sector which now provide us with a consistent flow of off market development opportunities."
~ Richard Balles, Chief Executive Officer
RICHARD BALLES, CEO
Richard Balles is a forward thinking trail blazer who has become one of the most highly sought after affordable housing visionaries in the Washington DC real estate market. He has developed several hundred million dollars of multi-family properties in the DC metro area alone, overseeing all aspects from acquisition to disposition.
Having spent a lifetime helping to serve the under-served, Mr. Balles has focused upon housing initiatives which are supported by government voucher programs. As a native of Washington D.C., he has become the resident expert with regards to creating a value proposition whereby everyone wins; the government is better able to fulfill its obligations and mandates towards housing those most in need and CRDV is able to provide consistent & reliable returns to our investors and shareholders.