OUR TEAM
Steve Lipscomb
Prior to founding LRIC Properties, Lipscomb cofounded Velocis Fund I in 2010, a Dallas-based private equity real estate investment company, and was involved in the acquisition, financing and asset management of 15 properties that total more than $300 million in assets under management. Included in this was the acquisition of 4 shopping centers totaling $117 million in acquisition costs. From 2001 to 2010 he was the National Director of Archon Retail, a Goldman Sachs Company, where he was responsible for the company’s overall acquisition, development and asset management of retail properties. Under his direction, Archon Retail grew to include five regional offices across the U.S. and a team of over 20 real estate professionals. During this time he was responsible for development and redevelopment of over four million square feet of shopping centers.
Prior to his tenure with Archon/Goldman Sachs, Lipscomb developed numerous shopping centers across the U.S. as a development partner with North American Properties (1992-1999) and Lincoln Property Company (1980-1989). During that time frame he developed over 15 shopping centers and numerous single tenant build to suits.
Tabb Neblett
Prior to LRIC, Tabb served as Southwest Partner for Songy Highroads, a real estate investment firm based in Atlanta, Georgia. During his tenure the southwest region successfully acquired seven office buildings in the Baton Rouge and New Orleans submarkets totaling 500,000 square feet.
From 1995-2012 Tabb was the Director of the Structured Finance Group at Archon Group, a subsidiary of Goldman Sachs, where his team sourced debt in excess of $2 billion annually for real estate investments for the Whitehall series of private equity funds. During this time Tabb was responsible for sourcing lenders and maintaining those relationships as well as the reporting of fund performance to Goldman Sachs and their investors.
Austin Clinkscales
Prior to LRIC, Austin worked as Real Estate Manager for RadioShack and Smoothie King where he negotiated directly with landlords, developers, brokers and attorneys on lease terms. He handled all site selection and monitored development timelines to ensure market optimization goals were met. During this time he had over 800 stores under management, achieved over $1 million in rent reductions, and was responsible for over 125 franchise partners.