Next Space Development (NSD) specializes in residential multifamily, mixed-use, student housing and value-add development projects. Founded by visionary real estate developer Rudy Medina and construction specialist Richard Simis, NSD brings together experienced professionals, each with a successful track record of concept development, capital formation, construction and renovation, and community management. To date NSD has completed approximately $1 billion of in-house and third-party development projects, $300 million of which are recent acquisition investments.
Excelling in the recognition and analysis of overlooked properties, and envisioning the potential large upside, Next Space Development capitalizes on opportunities by investing, building from the ground-up or renovating, and managing each community to be a best-of-class property.