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Richard Ackerman

Founding Partner
and Senior Managing
Principal, Big Rock Partners
– Delray Beach, FL

Richard Ackerman

Founding Partner
and Senior Managing
Principal, Big Rock Partners
– Delray Beach, FL

Biography

Mr. Ackerman founded and leads Big Rock Partners (BRP), a firm focused on development of Class A, new generation senior housing rental communities designed to meet the higher standards of today´s more demanding residents and institutional investors.  In 2017, he also became chairman, president and CEO of Big Rock Acquisition Corp. (NASDAQ: BRPAU), targeting acquisition of senior housing operators. Over his 30-year career, Mr. Ackerman has acquired, developed, financed and operated senior housing and commercial real estate assets of 15 million square feet, valued in excess of $3 billion. He formed BRP in 2004 as an opportunistic real estate investment firm that has since invested in and managed over $800 million in assets. Prior to BRP, he headed the Los Angeles office of Apollo Real Estate Advisors, overseeing investments on the US West Coast and Japan. Mr. Ackerman is a former Director of Summerville Senior Living, Inc., one of the largest assisted living companies in the nation. He holds a B.A. from Tulane University and a J.D. from the Tulane School of Law. Big Rock Partners’ current projects include high quality, resort-style senior living rental communities with independent, assisted living and memory care residences in Palm Beach County, FL and the Disney-originated master-planned community of Celebration, FL.