Russell Berusch wrote a strategic business-and-financing plan for a new four-way partnership we developed with another nonprofit and two large, national for-profit companies. Our aim was to create a non-subsidized, for-profit program to creatively acquire distressed properties from loan servicers and others, renovate them, and lease or sell them at extremely affordable prices. Russell was adept at pinpointing the most relevant goals and priorities of both the nonprofit and for-profit partners, and navigating a partnership agreement that satisfied our disparate priorities. He demonstrated strong analytical, negotiating and writing skills – as well as a passion for the community renewals goals that all four organizations wanted to reach. The breadth of Russell’s experience in both for-profit and nonprofit development gives him valuable insight into the dynamics of both, enabling him to bring a clear-eyed understanding of the obstacles and pinch points, as well as the opportunities projects present.”
Executive Director, Slavic Village Development
Our work is grounded in the philosophy that great physical spaces improve a community’s quality of life and economic sustainability. Such places are geographic destinations where people want to live, work and connect. As a result they draw jobs, investments and municipal revenue. In most cases – and particularly in weak markets – catalytic developments are seldom simple or organic. Instead they are complicated, intentional efforts that require vision, tenacity, and committed collaboration among public, private and nonprofit organizations.
It is in this urban intersection where creativity, analytical thinking, financial know-how, project management, and strong collaborations all come together – and where Berusch Development Partners thrives and succeeds.
Russell Berusch, the firm’s founder, is a “battle-tested,” results-focused developer and consultant with a passion for city building. His completed development projects demonstrate Mr. Berusch’s ability to pull together complex projects that meet both civic aspirations and business objectives. He relishes difficult projects that seem almost impossible at the outset; the projects that when done right can dramatically upgrade the quality of life for stalwart residents and businesses who believed their communities could and would come back.
Mr. Berusch is the principal responsible to the client and personally performs most, if not all, of the work. As a result he has a deep and first-hand understanding of the client’s needs and project specifications. This personalized approach also keeps consulting fees affordable.
When additional or specialized support is required, Mr. Berusch draws together a team of skilled and trusted professionals such as public financing specialists, tax credit consultants, construction contractors, and architects.