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Raanan Katz first arrived in the United States in his early twenties with a reputation as an excellent outside shooter on the Israeli National Basketball Team. Raanan had been invited to join the Boston Celtics training camp, where he was the final player cut from the Celtics roster, edged out by Hall of Famer, John Havlicek. Celtics Head Coach, Red Auerbach recommended Raanan to play for the U.S. All Stars, the sparring team for the world famous Harlem Globetrotters. After leaving the All Stars, Raanan settled in Boston, Massachusetts and purchased a small apartment building with the money he earned. During the next several years he amassed over 2000 apartment units in the Greater Boston area. Raanan began to switch from residential to commercial holdings in 1980, when he acquired three retail properties in the Greater Boston Area. Then, in 1984, Raanan purchased a block of stores on Miami Beach and continued to acquire properties throughout Southeast Florida and New England during the late 1980's to present. Currently, Raanan owns approximately 6 million square feet of retail space, split about one half in New England and half in South Florida. Raanan continues to apply his conservative real estate principles by operating with a minimal amount of debt, which enables him to sustain periodic declines in the real estate market; and investing in improvements to his properties. R.K. Associates continually invests in maintenance and beautification of all R.K. properties. Raanan's vision provides for the long term viability of his holdings, due to the constant attention to detail regarding even the smallest maintenance issues.
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