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Rappahannock Development Group Names Prate as CIO in Virginia

Fredricksburg-based residential and commercial real estate development firm Rappahannock Development Group has named Tommy Prate Chief Investment Officer.

Prior to joining the RDG team, Prate was a co-founder of Magnify Capital, a real estate investment firm focused on the Single Family Residential asset class. He previously held positions of Chief Operating Officer at e360 Power, CIO at Stratfor Global Intelligence, Treasurer and Director of Global Operations for Ospraie Management.

Additionally, Chris Hornung has been promoted to Chief Development Officer at the firm. He will oversee all RDG development projects and be responsible for implementing RDG’s strategic growth initiatives nation-wide. Chris brings more than twenty-five years experience managing the acquisition, planning, permitting, construction and sale of residential, commercial and industrial development projects.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

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