Richard Broder

Rich Broder is Broder & Sachse’s founder and CEO. He is responsible for all strategic activities of the company. Under Mr. Broder’s leadership, Broder & Sachse has grown from a start-up business to a full-service management and development company, managing over 130 properties consisting of over 16 million square feet and 10,000 multifamily units. Rich is a graduate of the University of Michigan where he graduated with a Bachelor of Arts degree in Urban Studies. Upon graduation, he joined Farbman Stein and Company as a property manager and leasing agent. During his career at Farbman Stein, he was instrumental in building the company from a two-manager operation to a major management firm with over 100 employees and almost 100 properties under contract. Ultimately, Mr. Broder became Executive Vice President of Farbman Stein and was responsible for its entire operations, including management of over 12.5 million square feet of commercial, retail, office and residential real estate. His clients during his 10 year tenure included CB Commercial Realty Advisors, Lincoln National Life Insurance Company, Comerica Bank, Michigan National Bank, Nationwide Life Insurance, New York Life, CIGNA Realty Investors, General Motors and many substantial individual investors. He continues to provide quality service to many of these clients. Mr. Broder is involved in a variety of community and charitable organizations. He is a past President of the Hebrew Free Loan Association of Metropolitan Detroit. He is immediate past President of the International Association of Hebrew Free Loans, and he serves on the Board of Governors of the Jewish Federation of Metro Detroit. Mr. Broder also serves on the Board of the Department of Drawings, Prints and Photography for the Detroit Institute of Arts. He is also Chairman of Capital Needs Division of the United Jewish Foundation. He was an original Member of the Board of Commissioners of the Downtown Development Authority for the City of Southfield, Michigan. He holds an Associate Brokers license in the State of Michigan and is the firm’s broker of record. Mr. Broder is a Certified Property Manager (CPM) of the Institute of Real Estate Management. He and his family reside in West Bloomfield, Michigan.