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Patrick Richard

As CEO of Stoneweg US, Patrick Richard has led the firm’s exponential growth, reaching a portfolio value of over $2.1 billion and nearly 19,000 units. Richard began his commercial real estate career in Switzerland as a founding partner of Procimmo AG, a Swiss-based and regulated asset management company, where he was appointed Chairman of the Board during his 12-year tenure.

In an era when the demand for attainable housing continues to outpace supply, sustainable workforce housing is a necessary and prudent investment decision based on three key market trends. Primarily, the demand for attainable housing is growing. Workforce rental housing is increasingly sought after, particularly given dwindling affordability and growing barriers to home ownership. Last but not least, generational demand contributes to the rise of sustainable multifamily housing.
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