Robert Milkovich

Chief Executive Officer, rand* construction company 

Robert Milkovich serves as the CEO for rand* construction company, a privately-owned, award  winning national commercial general contractor that specializes in tenant interiors, building  renovations/repositioning, retail and restaurant construction. The company was founded in  1989 in Washington, DC and grew nationally with offices in Atlanta, Austin, Dallas and Denver.  The company consistently generates over $400 million of revenues annually and has over 250  employees nationwide. He has over 30 years of experience in many aspects of commercial real  estate, specifically in leadership roles.  

Previously, Milkovich served as the CEO and Trustee of First Potomac Realty Trust (FPO). First  Potomac was a self-managed, publicly traded real estate investment trust focused on owning  and operating, developing and redeveloping commercial real estate in the Washington, DC  region. The portfolio was over nine million square feet and was sold to RMR in late 2017. The  transaction represents a 38% TSR for the investors during Milkovich’s leadership. 

Prior to joining First Potomac Realty Trust, Milkovich served as the President of Spaulding &  Slye Investments, a comprehensive real estate services and investment company that is a  wholly owned subsidiary of JLL. Milkovich headed the Investment Committee and developed  the company’s investment strategies, structured joint-ventures and sourced new business  opportunities. During his time at the company, the portfolio consistently generated Value-add  to Opportunistic returns with above market equity multiples.  

Milkovich served as Region Director of Archon Group, L.P., an investment and management arm  of the Merchant Banking Division of Goldman Sachs. There he spearheaded acquisitions and  asset management for the Merchant Bank, Special Situations Group, and other parts of the  firm. In addition, he was responsible for underwriting structured finance and debt transactions  for Goldman Sachs. Previously, he was Market Managing Director for CarrAmerica, a then  publicly traded real estate investment trust headquartered in Washington, DC, while working in  Phoenix, Denver, Salt Lake City and other parts of the country. Primary responsibilities included  overseeing asset management, development activities, portfolio investments and acquisition  efforts.  

Milkovich graduated with a B.S. in Business Administration from the University of Maryland. He  attended the university on a full scholarship. In 2010, he completed the Real Estate Executive  Seminar: Capital Markets, Innovative Ventures, and Business Strategy course at Harvard  Business School. He currently serves as a Director and Investment Committee member for the  University System of Maryland Foundation. Milkovich is on the Board and Membership  Committee of the Economic Club of Washington, DC. He served on the Office Development  Council of the Urban Land Institute and is a past President of The Real Estate Group in  Washington, DC.

Robert Milkovich serves as the CEO for rand* construction company, a privately-owned, award  winning national commercial general contractor that specializes in tenant interiors, building  renovations/repositioning, retail and restaurant construction. The company was founded in  1989 in Washington, DC and grew nationally with offices in Atlanta, Austin, Dallas and Denver.  The company consistently generates over $400 million of revenues annually and has over 250  employees nationwide. He has over 30 years of experience in many aspects of commercial real  estate, specifically in leadership roles.  

Previously, Milkovich served as the CEO and Trustee of First Potomac Realty Trust (FPO). First  Potomac was a self-managed, publicly traded real estate investment trust focused on owning  and operating, developing and redeveloping commercial real estate in the Washington, DC  region. The portfolio was over nine million square feet and was sold to RMR in late 2017. The  transaction represents a 38% TSR for the investors during Milkovich’s leadership. 

Prior to joining First Potomac Realty Trust, Milkovich served as the President of Spaulding &  Slye Investments, a comprehensive real estate services and investment company that is a  wholly owned subsidiary of JLL. Milkovich headed the Investment Committee and developed  the company’s investment strategies, structured joint-ventures and sourced new business  opportunities. During his time at the company, the portfolio consistently generated Value-add  to Opportunistic returns with above market equity multiples.  

Milkovich served as Region Director of Archon Group, L.P., an investment and management arm  of the Merchant Banking Division of Goldman Sachs. There he spearheaded acquisitions and  asset management for the Merchant Bank, Special Situations Group, and other parts of the  firm. In addition, he was responsible for underwriting structured finance and debt transactions  for Goldman Sachs. Previously, he was Market Managing Director for CarrAmerica, a then  publicly traded real estate investment trust headquartered in Washington, DC, while working in  Phoenix, Denver, Salt Lake City and other parts of the country. Primary responsibilities included  overseeing asset management, development activities, portfolio investments and acquisition  efforts.  

Milkovich graduated with a B.S. in Business Administration from the University of Maryland. He  attended the university on a full scholarship. In 2010, he completed the Real Estate Executive  Seminar: Capital Markets, Innovative Ventures, and Business Strategy course at Harvard  Business School. He currently serves as a Director and Investment Committee member for the  University System of Maryland Foundation. Milkovich is on the Board and Membership  Committee of the Economic Club of Washington, DC. He served on the Office Development  Council of the Urban Land Institute and is a past President of The Real Estate Group in  Washington, DC.