A longtime diversified financial and technology services executive, J. Randall Waterfield chairs the Waterfield Group. In addition, J. Randall Waterfield sits on the board of Red Oak Partners, LLC, which invests primarily in high-performance, small- and micro-cap companies.
In 2014, Red Oak Partners joined with the Waterfield Group in investing in Kensington Vanguard National Land Services. Kensington subsequently acquired two Washington, D.C.-area enterprises, Clear to Close Settlement Services and New Era Title, both of which had head offices in northern Virginia. After the acquisition, operations of both were consolidated in a new office in Tysons Corner, Virginia.
New York City-based Kensington Vanguard’s move had the primary aim of expanding into the robust Washington, D.C., commercial real estate market, which represents billions of dollars in value. Led by Randy Waterfield and his investment team, the acquisition came in tandem with plans to expand Kensington Vanguard’s presence nationwide. The firm had already moved into the Dallas market, with other markets in Texas and Florida under consideration.