LOS ANGELES – TruAmerica Multifamily continues its strategic growth in California with the announcement of five executive hires. TruAmerica Multifamily has appointed industry veterans Michael Gold as Senior Director of Asset Management and Operations; Greg D. Campbell and Noah E. Hochman as Directors of Acquisitions; and Bob Murray and Edward Kim as Directors of Asset Management.
“As we strategically grow, we are focused on assembling a team of multifamily real estate professionals that complement TruAmerica Multifamily’s corporate culture and have a strong understanding of local market fundamentals,” stated Bob Hart, President, Founder and CEO. “TruAmerica Multifamily is merging the best talents in the industry with the substantial resources from Guardian Life’s real estate investment division to create a first class asset, construction management operation and funding mechanism. We couldn’t be more pleased to have this new team on board.”
With more than 20 years of extensive experience in the real estate industry, Gold has been responsible for TruAmerica Multifamily’s 8,000 plus apartments, overseeing the asset management, operations, construction and marketing services for the California, Oklahoma and Texas portfolios. He has been responsible for creating the infrastructure consisting of systems, policies and procedures that have contributed to the growth of the company. Gold’s prior experience includes senior positions with Kennedy Wilson, Pacific Property Company, Interstate Equities Corporation and Fairfield Residential.
Bringing over 10 years of experience, Campbell previously served as Group Vice President – Acquisitions/Dispositions for Archstone where he was responsible for all aspects of multifamily acquisitions and dispositions throughout California. Prior to that, Campbell served as Vice President – Acquisitions for The Laramar Group, sourcing multifamily acquisitions throughout the West Coast. Before joining TruAmerica Multifamily, Hochman held the title of vice president of acquisitions & dispositions at Triumph Management Co. where he presided over all company real estate transactions. Prior to that he served as vice president of acquisitions for Granite Peak Partners, Inc. where he sourced and closed $125 million in acquisitions, identified marketed and off market opportunities for multifamily and multifamily condo conversion and industrial assets in Western U.S. markets.
Murray’s previous position was a senior director at Benedict Canyon Equities where he was responsible for asset management, investment strategy and asset disposition across the portfolio, including Northern California, Colorado and Oklahoma. Prior to this position Murray was a principal with Big Rock Partners, where his responsibilities included the implementation of strategic business plans and operations for all multifamily and hospitality owned real estate.
As former Senior Vice President – Portfolio Management for Winthrop Management, Kim joins TruAmerica Multifamily with 15 years of experience. At Winthrop, Kim was responsible for developing their ground-up Residential Management Division, as well as overseeing portfolio growth. Prior to that, Kim served as Asset Manager for Pacific Properties Company.
TruAmerica Multifamily, a joint venture with Guardian Life Insurance Company, is an investment firm focused on acquiring, managing and rehabilitating Class B or better multifamily housing on the West Coast of the United States that launched in July 2013. With the goal of building a portfolio of $1 billion in assets by 2016 and investing $300 million into those acquisitions, TruAmerica Multifamily is poised to be an industry leader in multifamily housing. For more information on TruAmerica Multifamily, visit www.truamerica.com or call (818) 290-5770.
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