RANDY BROSSEAU

Principal

Randy Brosseau is Principal of Clearpath Property Group with over 25 years experience in real estate development, 15 of which employed by K. Hovnanian Homes (NYSE: HOV).  Mr. Brosseau has completed over 30 transactions on real estate assets valued well over $1 billion during his career.  Serving a diverse range of positions, Mr. Brosseau started as a construction manager and quickly rose to director of land acquisition where he fostered the development of more than 3,000 residential homes in the New York and New Jersey marketplace.  Mr. Brosseau was then promoted to area president where he founded the metro living brand and was directly responsible for land acquisition, pre-construction, marketing, sales, and transition for over 1,500 high-density multi-family homes.  Mr. Brosseau grew the Metro Living brand from a start-up to approximately $90 million in annual revenue within a five-year period. 

Mr. Brosseau has directed the development on some of the most successful residential communities on the New Jersey Gold Coast including the renowned 77 Hudson, Port Imperial, Grandview, Crescent Court, Hudson Pointe, and Paulus Hook.  The scope of responsibilities undertaken by Mr. Brosseau include acquisitions & dispositions, site selection, due diligence, entitlements, urban planning, design management, market valuation, project feasibility, investment strategy, partnership assimilations, financial analysis, asset repositioning, risk management, government & community relations, tax abatement negotiation, budget & schedule management, construction management, investor reporting, property management selection, marketing management, sales management, transition management, and serving as a developer representative on numerous HOA boards. 

Mr. Brosseau is a graduate of Michigan State University with a B.A. in Business Accounting and received his M.B.A. from Fordham University with a double major in Finance & Information Systems. Additionally, Mr. Brosseau is a C.P.A and holds a Real Estate Salesperson License with Liberty Realty in Hoboken.