Frank Farricker is the Subject of a New Interview

Wednesday, 09 March 2022 03:00 AM

Topic: 

Company Update

The president of Greenwich, Connecticut-based firm Lockwood and Mead Real Estate sat down to discuss his life, his career, and his professional philosophy.

GREENWICH, CT / ACCESSWIRE / March 9, 2022 / It is with great enthusiasm that Frank Farricker, veteran real estate executive and philanthropist, announces that he is the subject of a new, in-depth interview. The interview, which was conducted by freelance journalist Stefan Junge on behalf of an online periodical aimed at businesspeople and entrepreneurs, was published on February 24, 2022.

Early in the piece, Frank addresses a question about what inspired him to enter the real estate sector. "In my 20s, I owned a bar in Washington, DC. The bar wasn't doing very well, and one day, an old man showed up and took a seat at the bar. He was probably about the same age then as I am now, and he said he wanted to buy the corner that the bar was on to put a Kentucky Fried Chicken on it. He offered $150,000 if we could come to a deal," he answers, before going on to describe how this exchange affected his career path. "Now, we were just tenants, so we couldn't make that choice. He would have had to buy out our lease. I don't know what was discussed between him and our landlord, but that deal never happened. The idea certainly left an impression on me, though. I was fascinated by the idea that someone would pay $150,000 just to obtain the rights to our lease in 1994. That was a whole different world to me, and one that I wanted to try to be part of."

Lockwood and Mead Real Estate, Wednesday, March 9, 2022, Press release picture

Further along in the interview, Frank Farricker is asked to name a trend that currently excites him, responding, "I like crowdfunded real estate projects. I think there needs to be a bit more of a democratization of funding for real estate projects, and there's something about the idea of crowdfunded projects that appeals to me. I'd also like to see more attention directed toward zoning reform around the country. There are a lot of potential benefits in that area, and I think we need to learn to be a bit more democratic in the way that we live amongst each other."

Anyone interested in reading the full text of the interview can find it located here, while anyone curious to learn more about Frank Farricker or Lockwood and Mead Real Estate is encouraged to visit the company's official website.

About Frank Farricker:

Frank Farricker is the President of Lockwood and Mead Real Estate, a company that specializes in complex turnaround strategies for affordable multifamily residential projects. Frank earned a degree in East Asian Studies from The George Washington University in 1986, later completing a Master's degree in Real Estate Development from Columbia University in 1999. Frank began his real estate career in New York City in the early 2000s, building affordable apartments and housing. He then transitioned to managing historic building renovations.

In 2008, Frank moved to Greenwich, Connecticut, where he created Lockwood and Mead Real Estate. He founded the company in order to focus on what he calls "special situation real estate." Lockwood and Mead now boasts a substantial presence in the affordable housing and low income housing tax credit market in Northeast and Southern Connecticut, as well as some parts of New York. The company works hard to de-stigmatize affordable housing in areas that are opposed to its development, and is involved with around 2500 housing units in the last two years alone.

Frank Farricker also believes very much in community outreach. He contributes to the Mary Fund, a nonprofit foundation focused on providing care for the terminally ill and their families. He has also served on the board of CTE, a charitable organization that concentrates on community development in Stamford, Connecticut, and is responsible for creating many housing and job opportunities for low income residents in that area.

Contact Information:
Frank Farricker
President, Lockwood and Mead Real Estate
30 Wildwood Drive
Greenwich, Connecticut 06830
Website: frankfarricker.com

SOURCE: Lockwood and Mead Real Estate