Richard W. Hutsell
President / Managing Partner
Mr. Hutsell is the founder and CEO of Premier Management, a full service real estate company based in Minnesota. He has a 25 year proven track record of the successful ownership, management and development of multi-family real estate. Over the last 20 years he personally developed a nationally recognized property management model and has been involved in the development/rehabilitation of thousands of units of multi-family housing. In 2010, he founded Premier and in just eight years, the company has grown to over 2,800 units in 40 communities in five states. He has assembled one of the most talented corporate staff in the region.
Mr. Hutsell is also a principal in the Minneapolis based development firm of MDR Development LLC. In the last five years they have completed several development deals and syndications of multi- family assets. The completed projects have a value in excess of 200 million dollars.
Mr. Hutsell is a recognized leader in housing management and development having managed cumulative portfolios of over 150 properties located throughout the Midwest with assets in excess of one billion dollars and annual operating budgets of over 100 million. He is a state licensed Real Estate Broker, has a skilled background in commercial /residential brokerage and acquisition, and property appraisal.
Mr. Hutsell also serves on the board of Preservation Housing Trust Inc, a recently formed nonprofit affordable housing developer based in Saint Paul, Minnesota.
Former President of Frerichs Construction and owner of Everwood Development and Construction, Mr. Kotek is a principal and financial/business partner with Premier Housing Management LLC.
With over 40 years of experience in the construction industry, starting as a carpenter and for the past 16 years as president and principal of a regional construction firm, Mr. Kotek brings a big picture view that
ensures the highest level of success for his clients. He has overseen the construction or rehab of thousands of units and has created a reputation for quality in new construction, occupied unit-to-unit rehabilitation and
historic preservation. Mr. Kotek believes in giving back and is active in several area non-profits as well as being highly involved in other real estate-related organizations. On an annual basis, more than 1% of pre-tax income
is donated to charity.