Leadership

Churchill and Banks is proud of the carefully selected team of highly trained and experienced professionals we have assembled in the many and varied skills and disciplines required of an organization such as ours.

These diverse talents are our greatest asset. Individually, they perform to the highest professional and ethical standards.  Collectively, they function as one-recognizing that their effectiveness as a whole is far greater than that of any individual.

Richard P. Baccari, Chairman

Mr. Baccari is one of the most accomplished and innovative real estate developers in New England. His leadership and vision has guided the firm’s success through four decades.

During that span, he has been the driving and innovative force behind some of the region’s most significant residential and commercial development endeavors.

Richard is a respected member of the International Council of Shopping Centers. He is also active in numerous other professional, civic and charitable organizations.

Richard P. Baccari II, President and CEO

Mr. Baccari initially joined the firm as a property manager and was elevated to his present position in 2015. His responsibilities include site selection, permitting and overseeing the leasing functions for both owned and managed properties within the firm’s portfolio.

Richard is a graduate of Bryant University with a Bachelor of Science degree in Business Management. He is a licensed real estate broker.

Richard was recently recognized by the Providence Business News on their Top 40 Under 40 list.

Bill Herendeen, Vice President, Property Management

Mr. Herendeen has been at the helm of Churchill & Banks’ property and parking management divisions for over two decades. His extensive property management and administrative background spans more than thirty years. His experience ranges from high-profile properties such as Boston’s Prudential Center and State Street Bank buildings to mixed-use developments, office complexes, residential communities, business and industrial parks, parking facilities, shopping malls and community shopping centers.

Bill’s affiliations include the Building Owners and Managers Association, the American Association of Airport Executives, the International Council of Shopping Centers, the National Parking Association and the International Parking Institute.

Raymond T. Lavey, Senior Vice President, Development & Executive Projects

Mr. Lavey utilizes his unique experience in the marine design and construction industry in fulfilling his responsibilities coordinating, facilitating and expediting the critical path items of the firm’s business development plans. In this capacity, he is also responsible for land assemblage, planning, permitting and client/public relations for those associated projects.

Ray holds a Bachelor of Science degree in Business Administration from Providence College.

Linda C. Martel, Controller

Ms. Martel has been with the firm for more than thirty years. She is responsible for all of the firm’s accounting including cash management, operations, forecasts, investor reporting, compensation and benefits plans. In addition to managing the overall operations of the firm’s accounting group, Ms. Martel provides oversight for the day-to-day accounting operations of Churchill & Banks’ development, construction and property management groups.

Linda earned her Bachelor of Science degree in Accounting from Bryant University and holds an AS degree in Business Administration.

Christine Monaghan, Director of Property Management


Ms. Monaghan brings a wealth of experience to her position as director of the firm’s property and parking management field staffs. She is responsible for the cost effective management and integrity of the firm’s mixed portfolio of contracts while assisting in the formulation of policies, procedures and budgets for each. She is also responsible for tenant satisfaction, security and maintenance functions.

Christine is adept in customer relations, collections, real estate management, and lease administration.

Luigi Aceto, Vice President, Construction

Mr. Aceto has been a respected team leader within the firm’s construction group for many years. In this important capacity directing the successful, on-time completion of each critical facet of all assigned projects under his direction, he is aided by a comprehensive knowledge of all construction trades.

His experience includes a broad range of both new, rehab and remodeling projects for hospitals, pharmacies, supermarkets, office buildings and enclosed shopping centers, to name a few.

Deborah A. Riccio, Office Manager/Executive Assistant

Mrs. Riccio has been with the firm for more than seventeen years.   She is the Office Manager and Executive Assistant.   She has daily interaction with the entire staff and works closely with attorneys, bankers, accountants, engineers, vendors and clients.

Her duties include but are not limited to organizing the acquisitions, closings, recordings of commercial and residential properties.

Debbie is the go to person when someone needs something accomplished.