Steve Lipscomb
Biography
Prior to founding LRIC Properties, Lipscomb cofounded Velocis Fund I in 2010, a Dallas-based private equity real estate investment company, and was involved in the acquisition, financing and asset management of 15 properties that total more than $300 million in assets under management. Included in this was the acquisition of 4 shopping centers totaling $117 million in acquisition costs. From 2001 to 2010 he was the National Director of Archon Retail, a Goldman Sachs Company, where he was responsible for the company’s overall acquisition, development and asset management of retail properties. Under his direction, Archon Retail grew to include five regional offices across the U.S. and a team of over 20 real estate professionals.
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LRIC Properties
LRIC Properties was formed in early 2014 to focus on the development, redevelopment and investment in retail properties throughout Texas, the southwest and south.