Rich took the helm of Princeton Mortgage (a 39-year-old mortgage company), in 2018. He saw a tremendous opportunity to expand a successful platform. The goal was to develop a winning culture that would challenge the status quo of how a mortgage company should operate. Within 3-years, Princeton Mortgage's funded volume increased by 631% under his direction. In 2022, Princeton Mortgage's funded volume is up over 16% YOY, compared to an industry that is down more than 50%. Career HighlightsGraduated from Cornell University Bachelor of Arts in Economics & Masters in Real Estate FinanceInvestment Banker: Goldman Sachs Real Estate Finance GroupVP of Acquisitions and Asset Management for one of the largest private owners of real estate in FloridaOwner and Founder of private equity-backed real estate investment firmRecognition• 2019 Most Admired CEO Award• NJBiz 2021 Leaders in Finance Honoree • HousingWire Rising Star Award• National Mortgage Professional Top 40 Under 40• MPA 2020 Top Mortgage Workplaces • Inc. 5000: 502nd Fastest Growing Company
Rich Weidel is a highly experienced professional with 14.3 years of work experience in the mortgage industry. He has held various leadership positions, including Chief Executive Officer at Princeton Mortgage and VP of Acquisitions and Asset Management at Woolbright Development. Rich has also worked as a Founder of a private equity-backed real estate investment firm. He is known for his expertise in finance and investment banking. With a strong background in the industry, Rich is a valuable asset to any organization.
Ewing,New Jersey,United States
Boca Raton,Florida,United States
Based in Boca Raton, Florida, Woolbright Development Inc. Is one of the largest acquirers and top 10 private owners of retail real estate in Florida. We are dedicated to making places better by focusing on redeveloping commercial shopping centers into more desirable places to do business and more inviting places to shop, dine and play. Woolbright concentrates on the six major metropolitan areas of the state: •Orlando •West Palm Beach •Ft. Lauderdale •Miami •Tampa •Jacksonville Woolbright's business model covers nearly every aspect of retail real estate, including: •Acquisitions •Development •Property management •Leasing •Market research Our goal: Bring out the best in every project we touch to create the ultimate shopping/retailing experience and investment opportunity. Our mission: Making Places. Better.
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