William Risman kicking his feet up at one of his original corporate offices.
 
A Typical Lawson’s store constructed in the late 1950’s
Diplomat Towers, a mid-rise apartment complex under construction in Akron, Ohio. The pre-cast floors and solid masonry construction exceeded the building standard for its time
Ridgewood House, a 131 unit mid-rise apartment community in Parma, Ohio was built in 1972. It has a beautiful indoor swimming pool with an outdoor picnic and patio area for the residents to enjoy.

1951-1958
William begins work with older first cousin, Bill Drost, in single-family home construction business. William borrows $5,000 from his father, Joseph Risman, to buy house-building franchise in Cleveland, Ohio, area. William quickly learns construction business, building and selling approximately 5,000 single-family homes principally in Cleveland and Akron, Ohio; and Pittsburgh, Penn.

 
 
 
1958-1969

Through various partnerships, corporations and joint ventures, William works as general contractor providing design-build services for apartment and commercial buildings for his own account as well as on turnkey basis for municipalities and non-profit organizations.

Company builds appromimately 60 Lawson's and Eisley's convenient stores
 
In 1958, at the request of their father, William invites his younger brother, Bob, to join him in construction business. From 1958-1959, the company builds approximately 60 Lawson’s and Eisley’s convenient stores.

 

 
 
In 1964, Realtek Industries Inc. and Consolidated Management, Inc. both incorporate to consolidate holdings and accounts. Realtek serves as development and payroll services entity and Consolidated acts as management company for properties.

 

 
 

1970s-1980s
Company experiences expansive growth through construction of approximately 6,000 apartment units, ranging from garden types to high-rise structures in Cleveland, Ohio; Akron, Ohio; and metropolitan Detroit, Mich. Company performs most of its own carpentry work and supervises jobs.

 
 

This hands-on involvement is direct result of William’s learning business from the ground up. Apartments are constructed to stand test of time. Typical construction consists of solid masonry buildings with pre-cast floors and ceilings, fireproof stairs and two to three hours of fire ratings within each unit. This far exceeds standard typically used and is reason that many of these properties are in excellent condition in the 21st century and perform far better than newer product.

 
 
Company diversifies in other investment property types such as hospitality, office, retirement communities and larger shopping centers in various states.


 

 
 
 
 
 
 
 
 
 
 
 

 
Pages: