Larry D. Lipa Director of Development. As a 30-year veteran of commercial real estate development and a managing partner in a national developer firm, Larry has had his hand in all aspects of acquiring, developing, and managing over $2 billion of commercial real estate. He has managed the financing, structuring, and construction of commercial real estate development projects ranging in value from $50 million to $500 million. Larry has developed a broad spectrum of project types including industrial, multifamily apartments, condominiums, hospitality, oceanfront resorts, corporate office buildings, warehouse, and PUD land developments.

Larry is an expert in both financial and technical fields, a rare combination for a real estate development executive. His financial background is extensive and includes managing acquisitions, disposition, construction loans, permanent loans, complex deal structuring, and risk projections. As a former practicing architect, the technical and practical knowledge Larry has gained from leading dozens of new construction projects gives him a unique perspective to understand each and every aspect of a project, the logistics and correlations associated with each step in the design, construction, and development process. His familiarity with critical path scheduling aids him in overseeing design and construction timelines, his knowledge of the design process helps him successfully translate information from the client to the architect efficiently and cost effectively, and his experience in construction enhances his ability to pursue more effective means and methods on construction.

On a personal level, Larry invests his time and expertise in the SE Michigan community by advising nonprofit companies and chartable organizations in real estate matters. He also has served as a board member for the City of Detroit’s Land Bank Authority, a quasigovernmental agency dedicated to help residential housing growth in Detroit.

Larry earned a BS degree in Architecture and a MBA from the University of Michigan, Ann Arbor, MI. He obtained his license to practice architecture in the State of Michigan in 1983.
lipa@ecap-adv.com