THE CORNWELL STORY
Family and Business for Generations
Cornwell’s entrepreneurial journey in real estate and investments began in 1947, when Mary E. Cornwell purchased an eight-unit multifamily complex in Solana Beach, California. Her vision and drive set the foundation for what would grow into a national portfolio of investments and professional services.
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In 1962, expansion into Arizona was led by Ervin R. Cornwell, who founded Cornwell Realty Company in Phoenix with a focus on land development and brokerage. His efforts created the groundwork for the next generation. A decade later, his son, Richard E. “Dick” Cornwell, formally incorporated Cornwell Corporation in 1972 and relocated headquarters to Scottsdale, Arizona. Under his leadership, Cornwell became a key participant in the growth of the Scottsdale Airpark and expanded its presence across Colorado and Southern California.
Today, Cornwell Corporation is led by Eric R. Cornwell, who has extended the family’s reach with a second office in Doylestown, Pennsylvania. Under his guidance, the company continues to expand nationwide, strengthening its professional services, investment portfolio, and philanthropic commitments.
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For more than 75 years, the Cornwell family has faced challenges and embraced opportunities, balancing both setbacks and successes. Each generation has carried forward a tradition of integrity, discipline, and entrepreneurial spirit—values that continue to shape our growth and purpose.
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Time has brought experience, perspective, and resilience. It is with this foundation that Cornwell Corporation looks toward the future, energized by the next generation of family entrepreneurs and committed to building on a legacy of innovation and excellence.
OUR LEADERSHIP
Mr. Cornwell, continuing a tradition of leadership, sees his position as dual purpose. First, to ensure that the portfolio has a stable mix of assets that are acquired and developed with a vision for continued growth; and second, to enable the next generation to pursue opportunities and create lasting positive actions within their communities.Mr. Cornwell has an undergraduate degree in Finance from Arizona State University, an MBA from Villanova, and resides in Doylestown, Pennsylvania with his family.
Our Team
Sonnay Lee
Team Administrator &
Property Manager
Will Brehm
Multi-Family Investments
Joshua Lee
Industrial Investments
This museum in Prescott, Arizona, is dedicated to the legacy of cowboy artist George Phippen and holds close to 800 incredible pieces of museum-quality, fine art. These special items illustrate the incredible artistic talent of their creators and the wide variety of artistic techniques and mediums utilized in the creation of some of America’s finest Western Art. Mr. Richard E. Cornwell was a Board Member and President for many years helping to expand its operations for the future.
