Richard Simis

President and CEO

Richard was Founder and President of Simac Construction, a national general contractor and development firm, He began his career in single-family “custom homes” and multi-family residential construction. His success in retail construction for national multi-unit retailers led him to expand Simac across the country.

Richard brings three decades of successful leadership to Next Space Development’s team, with nearly $1 billion in construction completed by his companies. His design analysis, construction oversight, contract negotiation and project management equal on-time and on-budget completions.

Rudy Medina

Development Advisor

Rudy was Founder and President of Del Mar Heritage Development and Construction from 1996 to 2006, where he led the acquisition and development of commercial urban infill real estate opportunities. He has been involved in the acquisition and development of over 200 million dollar’s worth of commercial and residential real estate in San Diego County, with a focus on multi-family projects.

Rudy’s unparalleled enthusiasm and determination is what creates the value in acquisitions and marketing of Next Space Development’s unique product. Rudy is passionate about cutting edge design applications that focus on contemporary versions of timeless Craftsman, Spanish and Mid-Century architecture.

Andrew Luce

Director of Acquisitions and Depositions

Andrew joined the Next Space Development team in 2016 after 30 successful years on the commercial brokerage side of the business.

While specializing in multi-family, infill residential development, and investment sales – Andrew has been involved in over $435 million of total consideration of transactions spanning four states and Southern California.

Andrew’s role at Next Space Development is assisting in the acquisitions and depositions of all properties. Additionally, he interacts with the brokerage and lending community on various Next Space Development projects.

Lauri Norman

Controller and Investment Relations

Joining the Next Space Development team in 2021, Lauri benefits from decades of financial leadership in the fields of real estate development, commercial property portfolio management, and corporate accounting. Her extensive background includes financial accounting oversight and direction for both public and private companies.

Lauri is adept at the analysis and restructure of the accounting function for financial reporting policies, processes, and procedures, to ensure internal controls and productivity efficiencies. In her position with Next Space Development, Lauri liaisons with asset managers and investors to maximize business opportunities and profitability.