Get To Know the Weidel Family
Executive Management Team
Chairman & Chief Executive Officer
Richard Weidel, Jr. joined the company in 1979 just when the credit markets were entering a very chaotic period. He guided the company and the housing industry through one of its toughest phases. Under his leadership, Weidel Real Estate expanded rapidly by adding Princeton Mortgage Corporation, relocation services and The Princeton School of Real Estate. Princeton Assurance Corporation came under the Weidel umbrella in the 1990s. Throughout the company’s trying times and remarkable success, Mr. Weidel has remained accessible to everyone in the company. Furthermore, he has maintained his family’s 100-year tradition of commitment to quality service, personally guaranteeing customer satisfaction.
Executive Vice President
Rich is the Executive Vice President of Weidel Real Estate. He loves working with great people and is committed to fostering an environment where they can thrive and reach their potential. Rich believes the strongest motivation comes from within and that people do their best work when they are pursuing what they want.
He believes in consistently meeting the needs of our customers, building meaningful relationships through meaningful work, continuous improvement, radical transparency and candor, seeking truth, tackling problems, and proactive decision making.
Rich graduated from Cornell University (where he met his wife) with a Bachelor of Arts in Economics and a Masters in Real Estate Finance.
He started his career at Goldman Sachs as an investment banker in the Real Estate Finance Group. At Goldman Sachs he was involved in the sourcing, origination, structuring and securitization of over $5bn of mortgage originations. Rich obtained his Series 7 and Series 63 Securities licenses.
After Goldman Sachs Rich joined one of the largest private owners of real estate in Florida as VP Acquisitions and Asset Management. He was responsible for leading the successful turn-around of a portfolio of 15 assets and the acquisition of additional shopping centers valued at approximately $200m through partnerships with several of the biggest firms in institutional real estate.
He lives in New Jersey with his wife Sarah and his two sons, Rex and Evers. He is a passionate learner and is always reading. Rich loves playing polo, is a founding member of Ecclesia church, and is a board member of Homefront.