Richland is a privately owned Group of Companies led by Chairman Jack Bray and CEO Matt Bray. Since the company's founding in the mid-1970's, the Richland Group of Companies has controlled over 100,000 acres of land valued in excess of $2 billion. The company has developed numerous integrated mixed-use communities and projects for top national retailers, office and industrial developers, and home builders.
Richland's origins date back to the early 1970's in Toronto, Canada, where founder, Jack Bray, began his career as a real estate broker and investment advisor. He later founded and operated his first construction and land-management company in Calgary, Canada, and in 1979 made his inaugural entry into the U.S. market with residential developments in Houston, Dallas, San Antonio, and Austin, Texas. In the mid-1980’s, Richland expanded its real estate investments to Orlando and Tampa, Florida, and expanded further into California in the 1990’s. In 2003, the company moved its corporate headquarters from Tampa to Newport Beach, California.
In addition to real estate, Richland has invested in a variety of sectors, including the energy and telecommunications industry. Over the past 15 years, Richland has maintained ownership interests in companies that perform oil and gas exploration, production, and drilling activities throughout Western Canada, Eastern Europe, and South America. Richland also founded a large, privately held telecommunications and broadcast tower business with assets throughout the major cities in the United States, which was eventually sold to a publicly traded REIT in 2014.