Richard H. AderManaging Partner / CEO
Mr. Ader is the founder and chairman of USRA and has been in the corporate real estate net lease industry since 1968. He serves as chairman of the firm’s investment committee and is the senior acquisitions officer and portfolio manager. Mr. Ader is one of the pioneers in the field of corporate sale/leaseback transactions and a leading authority on the subject. He has devised innovative and revolutionary net lease structures including the sandwich lease, stepped rents and accrual leases, and has overseen the acquisitions and management of over $18 billion of net lease real estate.
Prior to forming USRA, Mr. Ader was Chairman of the Board and CEO of American Real Estate Investors, a publicly traded real estate master partnership. He also served as the Department Head of the Real Estate Division of Integrated Resources, Inc.
Mr. Ader is also recognized as an expert in the field of operating real estate. He has been responsible for the acquisition and operation of over 20 million square feet of office, retail and industrial property, as well as 32,000 residential units throughout the United States. Mr. Ader previously served as Chairman of the Board of High Equity Investors, a series of closed and commingled commercial real estate funds with $375 million of assets.
Mr. Ader is a member of the Real Estate Board of New York, the University of Vermont Foundation, University of Vermont College of Arts and Sciences Board, the Board of Directors of the Owners and Builders Division of the Real Estate Board of New York, and the Board of Directors of 820 Park Avenue. He is a graduate of the University of Vermont (BS, Banking and Finance, 1963).