Richard Torres, President & CEO
CEO & Principal Broker & Realtor
718-709-0611 Office
rtorres@rasequity.com
Richard Torres is a distinguished figure in the world of real estate, serving as the visionary founder of R.A.S. Equity Partners and Remedial Property Management Incorporated. With a laser focus on Real Estate Investment Sales, Mr. Torres specializes in the sale of diverse property types, including development, multifamily, retail, and residential properties spanning the vibrant landscapes of New York and Connecticut.
Before establishing R.A.S. Equity Partners LLC, Mr. Torres held a pivotal role as the Real Estate Director of Investment Sales at Besen & Associates. During his tenure, he orchestrated the successful sale and listing of real estate transactions exceeding a staggering $100 million in total value. Mr. Torres also serves as a dedicated Broker for the Bronx Public Administrations Office of the Supreme Court, where he collaborates closely with court-appointed Receivers and Note Holders in the expert management of distressed asset properties.
In conjunction with Remedial Property Management Solutions, Inc., Mr. Torres and his adept team offer a comprehensive suite of services, meticulously preparing assets for seamless integration into the market. Drawing upon his extensive experience in residential sales and rentals, Mr. Torres has cultivated enduring relationships that consistently generate business in the residential market. This success led to the establishment of the R.A.S. Residential division.
Mr. Torres possesses a rich portfolio of expertise, including commercial leasing and real estate property evaluation. With nearly two decades of hands-on experience, he has cultivated invaluable connections with respected developers, landlords, lenders, elected officials, attorneys, and city agencies. His portfolio includes a diverse array of projects, encompassing court-appointed receivership buildings, H.D.F.C. buildings, and privately owned assets. He boasts a proven track record of collaborating with regulatory bodies such as HPD, DOB, ECB, and D.H.C.R. to rectify building-wide violations and navigating L&T court proceedings.
Embodying his motto of "Bridging the Gap between Landlords & Tenants," Mr. Torres has successfully mediated complex legal issues involving landlords, tenants, and city/nonprofit agencies. His dedication to fostering peaceful and secure tenant-landlord relationships aligns seamlessly with his commitment to advancing positive progress and equal housing opportunities for all. A Bronx native, he harbors an unwavering passion for enhancing neighborhoods through the maximization of a building's potential.
As an esteemed member of the Board of Realtors, Mr. Torres upholds the highest standards of ethics and adheres rigorously to all NAR codes of standard operational practices. His unwavering belief in equal opportunity and equitable treatment for all has earned him acclaim from clients and industry leaders alike, commending his unwavering professionalism and ethical conduct.
Jennifer Torres, Vice President & COO
COO & Managing Principal
718-269-7320 Office
jtorres@rasequity.com
Jennifer Torres is a founding member of Remedial Property Management Solutions Incorporated, bringing a wealth of expertise to the field of New York City property management. With over a decade of seasoned asset advisory experience, Mrs. Torres has made significant contributions to the industry.
Her journey in property management commenced in 2009 when she joined NYC Management LLC. There, she honed her skills in managing distressed properties under court receivership, specializing in the "Distressed Asset Advisory Group." Mrs. Torres possesses a profound understanding of Landlord & Tenant court proceedings, showcasing her proficiency in navigating the intricacies of legal matters. Additionally, her comprehensive knowledge extends to working seamlessly with regulatory bodies such as HPD, ECB, DOB, DHCR, and FDNY for violation remediation and removal. She is well-versed in Department of Housing & Community Renewal (DHCR) registration filings, and her meticulous approach is evident in tasks like property reconciliation reports, accounts payables and receivables, tenant rent collection tracking, and the execution of new leases and lease renewals following DHCR increase guidelines.
In her capacity as the COO & Managing Director of R.A.S. Equity Partners LLC, a prominent commercial real estate brokerage, Mrs. Torres assumes pivotal responsibilities. Her purview includes overseeing the company's financial operations, making strategic staff hires, and ensuring the highest standards of marketing quality control. With her extensive background in property management, Jennifer Torres plays a vital role in R.A.S. Equity Partners, providing guidance and training to its real estate agents, equipping them with the skills needed to excel in the competitive field of multi-family commercial real estate.
Jennifer Torres's multifaceted expertise and unwavering commitment to excellence make her a driving force in the property management and real estate industry, contributing significantly to the success of R.A.S. Equity Partners and the broader real estate community.