A native of Los Angeles, California, Mr. Hollman began his career in Commercial Real Estate in 1978.
Representing The Rader Company his first year in business, he began with specializing in Industrial Real Estate. In 1983 The Rader Company was acquired by The Klabin Company. Shortly thereafter, in 1984, Rick resigned his position with The Klabin Company and formed Commercial Industrial Associates with partner Thomas L. Walsmith. As a result of their combined expertise in the real estate industry, the company soon expanded to over twenty real estate professionals and became a Top 25 Westside Commercial Real Estate brokerage firm.
In 1997, to better focus on client needs, Rick formed The Hollman Company. The Hollman Company originally focused on the brokerage needs of select clients by exclusively representing their office, industrial and retail property for sale or lease. The Hollman Company went on to specialize in examining and reorganizing client portfolios to better diversity their holdings and increase cash flow. The Hollman Company client base has included individual investors, family trusts, private companies as well as a few public corporations.
In the year 2000, Mr. Hollman expanded on his expertise by forming commercial real estate investment partnerships. These partnerships acquire commercial real estate that, after intense research and analysis, were determined to be properties offering a significant increase in value over time.
These projects all included an element of remodeling to maximize value. Many were transformed to better and more valuable uses and new tenants were found to boost value.
In one project Hollman formed a company called Zero Vacancy LLC. He then acquired a 12 unit industrial park in North Hollywood. The existing tenants were primarily low end industrial uses. Hollman replaced each tenant one at a time and brought in a Dance Studio, a Recording Studio, a movie special effects studio, and created a campus atmosphere for the Industrial Park. He went on to put on all new roof coverings, gut each unit, building out new office space with all new paint and carpet. The parking lot was resurfaced and striped to create a new, clean, more modern look, transforming the once dirty dingy look to a showplace.
Other real estate partnerships he formed included a mutli tenant retail project with friend and partner Mark Barshop in Culver City across the street from Sony Studios. That building was turned around and sold in 18 months for a 75% return on investment to the partners. Another real estate partnership was formed with Paul Gienger, President of TOPA management to acquire two buildings in Gardena. Details of that partnership can be found under the Real Estate Partnership section of our website.
Hollman has sold some of these partnerships when the situation warranted it, and held on to others to this day.
After having an office in Culver City on and off since the early 1980s, he closed his last formal office and continues to consult on larger sales and portfolio reorganizations at this time.
Always looking for new and exciting investments, Hollman continues to search out new projects for himself and his partners. Hollman has moved beyond Real Estate and is now additionally pursuing a string of new investments. One venture recently brought to conclusion, Rick was one of the initial investors in KeVita, a probiotics company in Ojai, California and joined in the journey from start up in 2008 to the sale of the company to Pepsi in 2017.
Hollman is also an investor in Radlink, a digital imaging company located in El Segundo. He first invested in the then start up in 2005 and anticipates big moves in their future.