Investor Profile - DC
Richard Balles
Richard Balles is a real estate investor and operator based in Washington-Baltimore, DC-MD-VA. Public filings show activity across 69 properties held through 23 holding companies. Recent mortgage relationships include EDWARDS FAMILY PARTNERSHIP, ResMac, Inc., and Capital Funding Financial.
Richard's Activity
As of June 2026, public records show approximately $86.9M in recorded mortgage exposure linked to this investor across at least 118 mortgage filings and 69 properties held through 23 holding companies. Activity appears concentrated in residential and commercial assets recorded between 2017 and 2026.
Associated People
Primary Geography
Washington-Baltimore, DC-MD-VA
ZIP codes: 20032, 20010, 20020, 20001, and 20019
Most activity in WASHINGTON.
Property Type Breakdown
Associated Entities (23)
DC · 17 properties · 37 mortgages
DC · 1 property · 14 mortgages
+21 more entities not shown
Mortgages (118)
Top Lenders
$14.8M · 2 loans
$11.4M · 32 loans
$10.1M · 1 loan
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 05/15/2026 | $250k | Open | BOGDAN CAP | 3628 GEORGIA LLC | 3794 MARTIN LUTHER KING JR AVE SE #206, WASHINGTON, DC 20032 |
| 03/31/2026 | $3.7M | Open | Capital Bank | MERIDIAN FLATS LLC | 1412 MERIDIAN PL NW, WASHINGTON, DC 20010 |
+116 more not shown
Owned Properties (69)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 3628 GEORGIA AVE #P-2, WASHINGTON, DC 20010 | 3628 GEORGIA LLC | Owns - 8 mos | $565k |
| 3628 GEORGIA AVE NW #8, WASHINGTON, DC 20010 | 3628 GEORGIA LLC | Owns - 8 mos | $565k |
+67 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in residential and commercial properties across Washington-Baltimore, DC-MD-VA.
What companies is Richard Balles associated with?
Richard Balles is associated with 23 entities based on extracted signatures from public records. Key entities include 3794 MARTIN LUTHER KING LLC, GALVESTON PLACE PROPERTIES LLC, 3628 GEORGIA LLC, S STREET INVESTMENTS LLC, and 124 WILMINGTON PLACE LLC.
How many properties are associated with this investor?
At least 69 properties are associated with Richard Balles and the entities they control, based on signatures extracted from recorded documents connecting Richard Balles to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references EDWARDS FAMILY PARTNERSHIP, ResMac, Inc., and Capital Funding Financial, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2017 through 2026, with the most recent mortgage recorded in 2026.
How is associated activity determined?
Elementix uses AI to extract signatures from recorded documents. These signatures are used to determine the relationships between people and entities. This is a novel approach that goes beyond looking at corporate filings and skip-tracing.
The information displayed on this page is compiled from recorded real estate documents, business filings, and other lawfully available sources. Elementix summarizes and analyzes public record activity related to investment real estate and associated business entities. Any contact indicators shown (such as email domain references or partial phone digits) are provided solely as unverified signals and may be incomplete or outdated.
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