Gary R. Hammond, Jr.

Gary Hammond is a co-founder and principal in Landbridge Development.  Prior to forming Landbridge Development with Steve Munier, his development company was Hammond Development, Inc.  In addition to real estate development activities, Gary runs an appraisal company (G. Randall Hammond & Co.) and owns interests in a brokerage company (Perimeter Atlanta, Realty, Inc.) and construction company (Agile Construction Company, LLC).

Gary began his career in real estate in 1990 as an independent fee appraiser in Atlanta, Georgia, where he performed appraisals on a variety of property types including apartment, industrial, office, retail, and special purpose.  Prior to forming G. Randall Hammond & Co. (“GRHCo”), he was a Vice President/Team Leader with RECOLL Management Corporation (subsidiary of Fleet Financial Group, Inc.) in their Appraisal Review Department, where he was responsible for ordering and reviewing appraisals and providing consulting opinions on a portfolio of retail and healthcare properties.

Gary graduated from the University of West Florida in 1988 with dual Bachelor degrees in Business Management and Psychology and from GeorgiaStateUniversity in 1996 with a Master degree in Real Estate.  He earned the prestigious MAI designation from the Appraisal Institute in 1993 and the CCIM designation from the Commercial Investment Real Estate Institute in 1999.  In addition, Gary is a certified-general appraiser (1991) and licensed associate broker (1996).  He has a Level 4 roster classification on the Georgia Department of Transportation roster of approved fee appraisers.  He has been qualified as an expert witness and has testified in numerous courts.  Special areas of emphasis include the low-income housing tax credit program, apartments, and eminent domain.

Gary has specialized in the Section 42 Low Income Housing Tax Credit since 1994 when he began consulting on projects nationwide for a major syndicator of tax credits.  His tax-credit consulting continued into the mid 2000’s at the same time he began putting partnerships together and applying for tax credits.  His first allocation came in 2001 with the Peaks at West Atlanta project.  Today, Landbridge Development continues to apply annually for tax credit allocations in the southeastern United States.