RANDY BROSSEAU

Principal

Randy Brosseau is Principal of Clearpath Property Group, where he leads large-scale residential and mixed-use developments with a focus on creating long-term value for owners, investors, and communities. Most recently, Mr. Brosseau worked with a family office to deliver an $80 million multifamily development in North Bergen, NJ. The project achieved a 30-year tax abatement, was successfully upzoned from 20 units to 135 residential homes with ground-floor retail, and is uniquely positioned overlooking Braddock Park with sweeping views of the New York City skyline. Through disciplined planning and execution, the project was completed over 10% under budget on a ground-up construction basis — a rare outcome in today’s development climate.

Over his 25-year career, including 15 years with K. Hovnanian Homes (NYSE: HOV), Mr. Brosseau has overseen more than 30 real estate transactions valued at well over $1 billion and has directed the development of more than 4,500 homes. As Area President at K. Hovnanian, he founded the Metro Living brand, scaling it from a start-up into a $90 million annual revenue business within five years, and was directly responsible for some of the most successful communities on the New Jersey Gold Coast, including 77 Hudson, Port Imperial, Grandview, Crescent Court, Hudson Pointe, and Paulus Hook.

Mr. Brosseau’s expertise spans acquisitions, zoning and entitlements, urban planning, construction management, financial structuring, government negotiations, investor reporting, and sales and marketing execution. He is a graduate of Michigan State University (B.A. in Accounting), earned his M.B.A. in Finance & Information Systems from Fordham University, is a Certified Public Accountant (C.P.A.), and holds a real estate license with Liberty Realty in Hoboken.