...John F. RoyceCEO and ChairmanJohn grew up in Bethesda, Maryland, and graduated from Lehigh University in 1965 with a Bachelor of Science degree in Civil Engineering.After working for Morrison Knudsen in Vietnam for several years, John returned to earn an MBA in real estate from Columbia Business School in New York City. He has studied real estate and bankruptcy law at Columbia Law School in New York and later at Old College in Reno.John worked for Boise Cascade Corporation as a project coordinator on several land sales, as well as commercial and residential projects.His
final position with that company was as Project Manager of their highly regarded development project in Incline Village, Nevada.
After Boise Cascade
closed its real estate division in 1971, John
first privately held company.It was called Royce Construction and was a commercial contractor and homebuilder until l980.Market conditions at that time caused him to stop his
contracting efforts for the next decade.Royce Construction resumed its operations in mid 1990, and has been primarily involved in several manufactured housing developments since then. During the economic recovery of the early 80's, John became a real estate consultant and property manager, operating under the name Design Management (then dba Property Consultants).
That company continues operations today under the name Fidelity Escrow.During that time he
and various financial partners invested in numerous office buildings, land development, and apartment opportunities through the decade of the 1990's.
In 1985 he
created Design Financial, and that company and its successor, Royce Capital
, and related mortgage lending affiliates, operating under the name Royce Capital Group
.These companies, and their subsidiaries remain his
primary business activity today. John Royce was a founding member of the Nevada Association of Mortgage Brokers in 1993, and became the association's President in 1996.He
was also the group's lobbyist during three State Legislator sessions.Eventually the Legislature appointed John to be on the Mortgage Advisory Council, where he served from 1999 to 2000. John F. Royce holds a license in Nevada in the mortgage brokerage business since 1986, and is a real estate broker in California since 1970.He has been a member of the National Association of Mortgage Brokers and the Mortgage Bankers Association for many years.