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Ri Prasad

Ri Prasad

Managing Partner, AR2 Homes
With a distinguished background as a former marketing executive, real estate investor, and developer, Ri stands at the forefront of innovative solutions to complex fair housing development challenges. She passionately combats exploitive practices in the real estate industry. As a head of the commercial division of Option Realty Group, Ri serves as the 2024 vice-chair and 2025 chair of The 77, the Chicago Association of Realtors Representative Leadership Diversity Committee for fair housing as a solution to economic development. Further, she serves as a member of the CAR's Sustainability Workgroup for Green Construction and Building Efficiency. Ri's prominence includes service on various boards and organizations including the Chicago Tool Library, Co-op Ed Center, REJUVaNATION Equity Development Cooperative, PAWS Chicago, CPR Rescue, and advocacy for climate and animal rights. Ri's transformational work spans nearly every neighborhood in Chicago. As a bi-national, bi-cultural immigrant, Ri views her work with AR2 Homes with national long-term implications. Our team and partnerships are a blend of passionate individuals and businesses that share a common goal: to make a lasting difference. As an intersectional entity, we bring a unique perspective to community development—a perspective shaped by personal experiences, commitment to values, and transformative aspirations.

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