Former Phillips Edison & Company Exec Eric Richter Joins Woodcliff Realty Advisors

Eric Richter, currently a partner of EXFLEX Property Services, based in Clearwater, Fla., will provide property management services for Woodcliff Realty clients. He will maintain his individual practice in addition to serving Woodcliff Realty clients.

Prior to cofounding EXFLEX, Richter was senior vice president of property management for Phillips Edison & Company, Inc., where for over two decades he rose through the ranks to lead property management for nearly 300 properties in 31 states comprising more than 33 million square feet of leasable area.

Richter brings property management and facilities expertise to Woodcliff clients, whether a retailer responsible for maintaining its exterior site or a landlord of retail properties that prefers to use third-party property management services.

It is this kind of property management expertise that Richter can offer Woodcliff Realty clients, things like rent collection, lease administration, managing budgets, landlord-tenant interaction and facilities management, according to Rudy Milian, CRRP, president and CEO of Woodcliff Realty Advisors, LLC. In managing properties for landlords, it’s important to engage and manage third-party contractors, such as janitorial, snow removal, parking lot sweeping, parking lot resurfacing, landscaping, roof repairs, waste hauling and security services, according to Richter.

Read more: Eric Richter joins Woodcliff Realty Advisors as property management expert (ROI-NJ)