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October 06, 2015 7:43 AM ET

Real Estate Management and Development

Company Overview of R&B Realty Group, LP

Company Overview

R&B Realty Group, LP, doing business as Oakwood Worldwide, engages in managing and operating apartments and homes in the United States and internationally. It offers serviced apartments and furnished apartments. The company also provides relocation housing solutions, government lodging solutions, insurance housing solutions, entertainment housing solutions, and housing solutions for business travelers and consultants. R&B Realty Group, LP was formerly known as R&B Enterprises Inc. and changed its name to R&B Realty Group, LP in 1960. The company is based in Los Angeles, California with additional offices globally.

2222 Corinth Avenue

Los Angeles, CA 90064

United States





Key Executives for R&B Realty Group, LP

Founder, Chairman, Chief Executive Officer and Chief Operating Officer
Chief Financial Officer
Chief Investments Officer and Senior Vice President
Chief Information Officer and Senior Vice President
Compensation as of Fiscal Year 2015.

R&B Realty Group, LP Key Developments

Oakwood Worldwide Signs Management Agreement for Eighth Tokyo Property

Oakwood Worldwide has entered into a 5-year management agreement with Ascendas Hospitality Trust ("A-HTRUST") beginning January 1, 2014, adding yet another property to the company's already strong presence in Tokyo, Japan. The fund managers of A-HTRUST are part of the Ascendas Group. This venture supports Oakwood Worldwide's strategy for continued growth in both established and emerging global markets. The addition of the Oakwood Apartments Ariake, Tokyo, formerly B:CONTE Ariake, gives Oakwood Worldwide more than 580 apartments within eight Tokyo properties. The property offers easy access from Tokyo Haneda Airport and is located near the Tokyo Waterfront Secondary City, Palette Town, Tokyo Big Sight, Tokyo Disneyland and the Ariake Colosseum -- home to a number of 2020 Olympic events. With 122 apartments, the property has a mix of 98 studio and 24 one-bedroom apartments that offer panoramic city and bay views. The apartments come with a fully equipped modern kitchenette, in-unit washer and dryer and free Wi-Fi. Residents will also benefit from the concierge service, fitness center and access to the adjacent hotel's restaurant and cafe.

Oakwood Worldwide Promotes Martin Fluck as Director of Operations, North Asia

Oakwood Worldwide announced the promotion of Martin Fluck to director of operations for the Oakwood(R) -branded serviced apartments in North Asia. Fluck will report to PG Mathew, Oakwood managing director, and will manage operations in China, Japan and South Korea. A yet-to-be-named director will lead operations for South Asia, including India, Thailand and the Philippines. In this capacity, Fluck will strategically manage operational excellence for 15 of the Oakwood-branded serviced apartment properties. Most recently, Fluck served as country manager for Japan, while at the same time serving as the general manager for Oakwood Premier Tokyo Midtown.

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