Raanan Katz is the founder and principal owner of RK Centers, a privately held, family-owned real estate development company which currently owns over 6,000,000 square feet of retail space and 100,000 square feet of office space in New England and South Florida. Since entering the real estate development arena in the 1970s, his “hands-on” approach and conservative borrowing practices have resulted in a portfolio of first-class properties with an extremely low debt structure, resulting in R.K. Associates being one of the more stable shopping center operators in the industry.
Raanan Katz first arrived in the United States in his early twenties with a reputation as an excellent outside shooter on the Israeli National Basketball Team, and was invited to join the Boston Celtics training camp. Celtics Head Coach, Red Auerbach recommended Raanan Katz to play for the U.S. All Stars, the sparring team for the Harlem Globetrotters. After leaving the All Stars, he settled in Boston, Massachusetts and purchased a small apartment building with the money he earned. During the next several years he amassed over 2000 apartment units in the Greater Boston area.
Raanan Katz began to switch from residential to commercial holdings in 1980, when he acquired three retail properties in the Greater Boston area. Then, in 1984, he purchased a block of stores on Miami Beach and continued to acquire properties throughout Southeast Florida and New England. R.K. Associates continually invests in maintenance and beautification of all its properties. His vision provides for the long-term viability of the company’s holdings, due to the constant attention to detail regarding even the smallest maintenance issues. Government officials in Hallandale, Florida, Middletown, Rhode Island and Stoughton, Massachusetts have formally recognized Raanan Katz for his development efforts.