The company
A family homebuilder since 1975, now in its third generation.
The same name has been on the sign for fifty years. What changed is the state, the scale, and who is carrying it.
The curving drive and the garage frontage
Woodland Hills, 1975
Rigney Development was a privately held family homebuilder and land developer in the San Fernando Valley. It built in joint ventures with savings and loan institutions, with the people who owned the land, and through real estate syndication pools. Twenty-one projects over sixteen years: single family homes, townhomes, apartment buildings, business parks and raw land.
It was a family business in the ordinary sense. Dan Rigney ran it. Jamie Rigney held the company’s real estate broker’s licence through the 1980s and ran its marketing, its sales, and the programme that handed finished homes to the people buying them.
That last detail is worth pausing on, because it did not change. Forty years later she is still responsible for the moment a home is finished and handed over. The same instinct, at the other end of the same process.
A wheel loader and excavator working the lime-treated subgrade
Round Rock, today
Between those two points is a career that went well beyond the family firm. A county housing corporation. Earthquake rehabilitation after Northridge. A homebuilder turnaround in Nevada. Fourteen years as a senior construction officer at a national tax-credit investor, and four building a general contracting arm from nothing in Texas.
All of it came back here. RGC is three companies in Round Rock doing what the first one did, with everything the fifty years in between taught: acquiring land, entitling it, designing on it, and building the homes.
Jonathan Rigney is the third generation. He carries two degrees in real estate development, and he has spent his time in purchasing, in field operations and in project management, deliberately, so that he can see every phase of a development rather than one of them.
A family business is accountable in a way a fund is not.
Nobody here rotates off the deal. The person who underwrites a site is the person who builds on it, and the family whose name is on the company is the family the buyer meets at handover. There is no institutional distance to hide behind, and after fifty years in the same industry there is no appetite for a shortcut that would cost the name.
It is also why the company holds the whole job. Vertical integration reads as a strategy on paper. In practice it is simpler than that: a family that has built houses for three generations would rather do the work than manage someone else doing it.
Who runs it
Four people, and one of them is not a Rigney
Rose Dillon was Dan Rigney’s controller at Gardner Capital. When he started RGC she came with him.
Dan Rigney
Principal Managing Member
More than forty-five years in real estate and development. Responsible over his career for the development and sale of more than 1,800 single family homes in California and Southern Nevada.
As a senior officer at a national multifamily syndication and investment firm he oversaw development across the portfolio between 1998 and 2012. From 2014 to 2018 he was principal manager of a Texas construction firm that delivered nine projects and just over nine hundred units.
Jamie Rigney
Managing Member, Operations
Responsible for the day-to-day management of the company's operations, including building completion and unit turnover, and the field and office personnel working in those areas. She serves as a project manager with direct responsibility for on-site supervision of the finish and punch process across every development.
In the 1980s she held Rigney Development's real estate broker's licence and ran the firm's marketing and sales programmes and its home buyer turnover programme. She holds an MA in Education Administration from California State University Northridge.
Rose Dillon
Chief Financial Officer
More than twenty-five years across real estate accounting, partnerships and tax, from property management and condominium and multifamily construction through multi-tiered ownership accounting.
She has managed accounting, reporting and tax for over one hundred real estate projects and eight hundred partnerships, covering more than 1,500 investors and $3.6 billion in assets across 35,000 units in seven states. She joined Dan Rigney as corporate controller at Gardner Capital Construction in 2017 and has worked with him since. A CPA since 1999.
Jonathan Rigney
Development
The third generation of Rigneys in residential development. He has served as a field-based project manager and recently completed a rehabilitation project for a housing authority in the Rio Grande Valley.
Away from field operations he works as an analyst on project modelling and guides upcoming developments through planning and entitlement. He holds both an undergraduate and a master's degree in Real Estate Development from Arizona State University's W. P. Carey School of Business.
The structure
Three companies, one roof
RGC Multifamily, LLC
Since 2018
The operating company. General contracting.
RGC Multifamily Ventures, LLC
Since 2022
Development and investment. Sponsor and managing general partner of the development partnerships.
RGC Multifamily Builders, LLC
Since 2023
The general contracting arm.
What the family has built
4,898 homes, townhouses and apartments, and $558M in development volume, across 7 companies and fifty years.