RICKY B. NOVAK
Ricky B. Novak serves as a Co-Managing Partner of the Strategic Group of Companies (Strategic Group), an Atlanta-based firm built on a platform of delivering tax efficiency through business solutions and private equity capital. As such, Mr. Novak leads Strategic 1031 Exchange Advisors (SEA). SEA is a boutique advisory and qualified intermediary firm specializing in the structuring and facilitation of Section 1031 tax deferred like-kind exchanges for real estate, including reverse, construction, non-safe harbor, and international exchanges for many sophisticated real estate investors and developers.
Further, Mr. Novak leads Strategic Group affiliate Strategic Capital Partners (SCP), a boutique investment bank focused on federal and state tax mitigation strategies. Mr. Novak’s expertise includes structuring conservation easement, historic preservation, low-income housing and entertainment credit transactions. Mr. Novak is also active with Strategic Group affiliate, SageStone Partners, which provides a platform for real estate private equity investment with other family offices. Mr. Novak serves on the investment committees for all families of funds managed by the Strategic Group including, the Strategic Real Estate Opportunity Fund, the Strategic Investment Fund, and the Strategic Opportunity Zone Fund. Mr. Novak is also a registered representative and General Securities Principal of Bridge Capital Associates, Inc, a member of the Financial Industry Regulatory Authority (FINRA) and Securities Investor Protection Corporation (SIPC).
Mr. Novak has spoken nationally on various real estate topics, and has served as a guest lecturer at Emorty School of Law. His writings have been published in a varying array of periodicals, including Commercial Investment Real Estate (the magazine of the CCIM Institute), Shopping Center Business, and the Scotsman Guide. Mr. Novak was honored by his legal peers by his selection as a Georgia SuperLawyer® Rising Star, an honor bestowed upon only the top 2.5% of attorney’s under 40 years old. His peers have also selected him as one of Georgia Trend Magazine’s Legal Elite. Additionally, Mr. Novak was the recipient of both the Atlanta Bar Association’s Distinguished Service Award and the Atlanta Bar Association Real Estate Section’s Member of Distinction Award.
Mr. Novak obtained his undergraduate degree from the Georgia Institute of technology, graduating magna cum laude, majoring in International Affairs with Certificates in International Business Management and Spanish. He is credited with studying at both the European Union and NATO in Brussels, Belgium. Mr. Novak received his Juris Doctorate from Emory University’s School of Law, with a concentration in tax, real estate, and international law. He also attended the Jagiellonian University School of Law in Krakow, Poland, concentrating in Eastern and Central European business law.
At the beginning of his career, Mr. Novak joined Arthur Andersen’s Global Tax practice, where he assisted clients with global tax strategies, corporate restructurings, and mergers & acquisitions. He later joined Deloitte & Touche’s Atlanta Real Estate Tax practice, where he furthered his tax expertise by structuring complex real estate transactions for major national and international real estate investors, REITs, and companies.
Mr. Novak lives in the metro Atlanta area with his wife, Lisa, and their son. He is an active member of the State Bar of Georgia, the Buckhead Club and the Robb Report Club. Mr. Novak has served on the Board of Directors for the Atlanta Bar Association and is a past President of both the Atlanta Bar Association’s Real Estate Section Board and the Real Estate Group of Atlanta’s Board of Directors. He and his family continue to be active philanthropists through their private family foundation.