Richard Gold is a Senior Risk Analyst at Northfield focusing on the company’s risk modeling for private and real estate as well as infrastructure and private equity. In addition, he is also responsible for Northfield’s Global and U.S. REIT models. Prior to joining Northfield, Richard was Senior Director-Real Estate Research and Investment Strategy for Grosvenor Americas and Grosvenor Investment Management USA. He was responsible for promoting the company’s research perspective both internally and to the company’s clients as well as managing new product development.
From 1994 to 2001 he led the Real Estate Equity and Business Applications Modeling Team at Lend Lease Real Estate Investments, with a team that developed both economic and spatially-based (GIS) real estate market and portfolio forecasting models for commercial real estate investment funds. Richard has held senior real estate research positions at Aetna Life & Casualty Co. and Unum Life Insurance. Early in his career, he developed one of the first commercial real estate econometric forecasting models for F.W. Dodge and was a Senior Regional Economist at DRI. Along with his colleague Emilian Belev, their paper, "Optimal Deal Flow for Illiquid Assets" was named the ARES Practitioners Award/Best Research Paper by a Practitioner for 2015, by the American Real Estate Society. He has been published in a number of academic journals and industry publications.