Ronald McDonald
Lecturer, Real Estate Development
rmcdon20@umd.eduRonald K. McDonald is Managing Principal of RMC Development, LLC in the greater Washington, DC/Baltimore region, where he assists public- and private-sector clients and partners with commercial real estate and finance objectives. He is an accomplished real estate executive with more than 28 years of experience and has been directly involved in the acquisition, brokerage, financing, development, and management of over $6 billion in real estate equities.
In partnership with Avanath Development and Vanguard CDC, RMC is developing North End Landing, a mixed-income, urban infill housing project in an Opportunity Zone in Detroit’s North End neighborhood. McDonald led a complex two-year public-private land assembly and entitlement process for the initial phase of 187 units of market-rate, affordable, and senior housing.
As Project Executive and Principal of Annapolis Partners, LLC, McDonald led a 16-year acquisition and entitlement process for the Department of Defense BRAC project at the David Taylor Research Center in Annapolis, Maryland. The $300 million project includes ten Class A office buildings, retail, marina facilities, and a luxury resort, and will be the largest private waterfront redevelopment in Annapolis history.
Previously, McDonald served as Senior Vice President at Mesirow Financial in Chicago and Vice President and Partner with Jones Lang LaSalle in Southern California, managing and leasing high-profile assets valued at over $1.5 billion. His work included major public-private redevelopments, military base conversions, and entertainment industry projects for clients such as The Walt Disney Company, Twentieth Century Fox, and Village Roadshow.
McDonald has held numerous advisory and leadership roles, including briefing the Obama administration on the commercial real estate crisis, serving as an adjunct professor at the University of Maryland, and establishing the Alan R. Braxton Memorial Fellowship at the Wharton School. He is a U.S. Naval Academy graduate, decorated U.S. Navy veteran, and recipient of the Thousand Points of Light Award.
Department Information
- Real Estate Development