Senior Vice President, Multifamily Development

About Richard

Mr. Counselman started his career with S.L. Nusbaum Realty Co. in early 2004. In that same year, he joined the Multifamily Development group and has since been actively involved in the development of more than 4,000 units. Currently, Mr. Counselman specializes in conducting market and financial feasibility studies for potential development and acquisition opportunities, managing the preparation of debt and equity packages, preparing due diligence documents for loan and syndication proceeds, overseeing construction draw requests, maintaining accounting procedures for budgets and cost certifications, and coordinating and maintaining rapport with A & E consultants, contractors, lenders, tax credit investors and legal counsels to ensure the smooth transition of all phases of the  development process.

  • VHDA Rental Housing Advisory Board
  • Licensed Virginia Real Estate Broker
  • Licensed Property Manager (South Carolina)
  • 100 Ton Master’s License – Inland Waters


  • Norfolk Collegiate School
  • Randolph-Macon College

Mr. Counselman has extensive experience in the development of LIHTC and market rate apartment communities. To find out more about S.L. Nusbaum Realty Co. Multifamily Development Projects, please click here.