Founder

William Rance King, Jr., PRESIDENT

RK Properties was founded in 1976 by William Rance King, Jr. (RK) after a ten year history in business machines for a Fortune 500 company. He was a pioneer in developing and marketing early style computers that were sold to a variety of industries, primarily focused on commercial real estate. By the time he became National Director of Sales, he had already purchased his first few apartment buildings, which was the inception of what would become RK Properties.

In the beginning, RK Properties did Tenant-in-Common (TIC) deals with a small group of business associates and friends. This eventually evolved into the limited partnership business, then into Limited Liability Corporations until, in the 1990’s, the TIC structure dominated the real estate market. Over the past 38 years, RK Properties has syndicated 156 properties and had 139 properties go full cycle, a track record of success that simply does not exist with any other firms. As an industry leader, RK Properties truly pioneered the TIC industry with the first TIC structured Reg D offering in 1994. Through Mr. King’s leadership, RK Properties has made purchases in prime growth markets such as Arizona, Colorado, Florida, Nevada, and Utah. Mr. King continues to actively seek prime growth markets on a national basis that have favorable economic and demographic trends. Through his vast experience and the company’s management team, RK Properties can take advantage of other markets offering active profit and operational opportunities for investors.