As Senior Vice President of Riverside Capital, Rick Slagle’s responsibilities include leading the strategy for and execution of Riverside’s investments. Rick supervises a national team of tax credit professionals that focus on maximizing value for Riverside’s development partners. He is also responsible for approving the structure of each of Riverside’s transactions with the objective of finding creative solutions to financing gaps, creating development and operating budgets, minimizing adverse tax consequences, and performing due diligence, while managing the development team and closing process to create a smooth and beneficial transaction for all parties.
Rick has 20 years of experience in the affordable housing industry where he has led the investment opportunities of almost $2 billion in development. Prior to joining Riverside, he served as Director of Acquisitions for Raymond James Tax Credit Funds, where he led the origination of investment opportunities primarily in the mid-Atlantic region. Previously, Rick had served as President of Development Capital Advisors, where he worked with developers and investors throughout the United States to identify, structure, and finance a wide range of real estate transactions involving multiple sources and layers of financing with a specific concentration in low-income housing and historic projects. His experience also includes serving as a Regional Director for RBC Capital Markets Tax Credit Equity Group.
Rick has been a speaker at numerous industry conferences and events, and has also done significant volunteer work for non-profit community organizations that work to provide affordable housing. Rick holds an MBA with a concentration in Real Estate and Finance from George Mason University and a Bachelor of Science in Business Administration from the University of Mary Washington