Early Life
Richard Kurtz's entrepreneurial journey began in 1976 when he sold his pizza chain business, which comprised 39 stores. With the capital from the sale, he ventured into the real estate sector. His initial investment was a 62-unit apartment building in Trenton, New Jersey.
Rise to Success
Kurtz founded The Kamson Corporation, which grew into a significant player in the multifamily real estate market. Under his leadership, Kamson controls 75 multifamily apartment buildings across multiple states including New Jersey, New York, Pennsylvania, Connecticut, and South Dakota. Kurtz focused on long-term stability and tenant safety, strategies that helped Kamson establish a strong reputation in competitive real estate markets.
Key Business Strategies
Kurtz’s approach combines disciplined acquisition, strong local management, and a resident-first philosophy. He has demonstrated a keen ability to identify opportunities and manage properties effectively. Kurtz has been noted for purchasing the historic Frick estate in Alpine, New Jersey, showing his interest in high-value properties.
Philanthropy
Richard Kurtz supports various philanthropic initiatives, primarily focusing on education, healthcare, and community health programs. He has contributed over $230,000 to Dr. Mehmet Oz's campaign for the U.S. Senate. Kurtz's philanthropic efforts also extend to economic development and community initiatives across the states where Kamson operates.