The Construction Source America

Sergey Krayev is one of the founders and managing partners behind Royal Oak. Though he’s been very successful in the industry to date, he didn’t get his start in real estate – he’s a telecom engineer by trade, and he comes from a deep background in technology. Over the course of his corporate career, he worked for BellSouth, AT&T, Kimberly-Clark, and Mizuno, where his role eventuallymoved from technology into marketing and product development. Eventually, he became part of a successful tech start-up, which was quickly sold. Equipped with the funds from that sale, he first turned his attention to real estate. “I looked around and asked myself ‘What should I do next?’” Sergey recalls. “Real estate seemed like a good opportunity.” Sergey teamed up with Yona Mizrahi, who came from a background in single-family homes, and they started by focused on large REIT projects. A few years in, they decided to get into construction, and Royal Oak Developers was born. Their goal was to do multi-family projects, but take “a single- family approach” – meaning, they wanted to devote the same level of care and attention to detail to their condos and apartments as they would a single family custom home. OCT - NOV 2021 “I looked around and asked myself ‘What should I do next?’” Sergey recalls. “Real estate seemed like a good opportunity.”