TruAmerica Multifamily Continues Growth with Key Staff Additions

Investment Firm Expands Los Angeles and Newport Beach Offices

LOS ANGELES, Calif. (April 14, 2014) – TruAmerica Multifamily, a Los Angeles-based real estate investment firm led by industry veteran Robert E. Hart and The Guardian Life Insurance Company of America, today announces four key staff additions to its asset management and acquisitions teams, strengthening the senior leadership of its Los Angeles and Newport Beach offices with Lynn Owen as Senior Managing Director of Asset Management and Portfolio Operations, Mark Enfield as Chief Administrative Officer, Tammi Warner as Senior Transaction Manager and Zach Rivas as Acquisitions Associate.

“We are excited to expand our talented team with these strategic additions in our Los Angeles and Newport Beach offices,” said Robert Hart, President, Founder and CEO of TruAmerica Multifamily. “The collective depth of their experience will strengthen our platform as we continue to grow the multi-state footprint of our nearly 10,000-unit multifamily management portfolio.”

Lynn Owen, Senior Managing Director of Asset Management and Portfolio Operations

Owen brings more than 28 years of property management operations experience to her new role at TruAmerica where she will be overseeing all of the firm’s asset management and property operations functions. Most recently she served as Senior Director of Real Estate at Greystar Real Estate Partners, which acquired her company, Glacier Real Estate Services, in 2010. Her previous experience includes senior management positions at Etico Property Management, Allied Group, Lexford NW, New Ventures and C.G. Rein. Ms. Owen worked with numerous institutional clients overseeing third party property operations in the Pacific Northwest.

Mark Enfield, Chief Administrative Officer

Enfield brings over 14 years of experience in real estate finance, investment, asset management, investor reporting and portfolio management. He will provide strategic leadership and oversight of all aspects of TruAmerica, including portfolio reporting, venture compliance, risk management, investor relations, corporate governance and financial operations. Previously, Enfield was the President of Keystone Real Estate Project Management and held senior positions at CityView, Saybrook Capital, LLC, and Western Pacific Housing/Schuler Homes.

Tammi Warner, Senior Transaction Manager

Warner is a multifamily finance professional with over 15 years of experience in debt financing of conventional multifamily, senior housing, and student properties. She will be responsible for transaction management at TruAmerica, working closely with the acquisition team to help facilitate property due diligence, loan procurement, and equity partner coordination. Prior to joining TruAmerica, Warner held senior underwriting positions with Walker & Dunlop, LLC and Capmark Finance, Inc.

Zach Rivas, Acquisitions Associate

Rivas will take on a broad array of responsibilities to support TruAmerica’s acquisition team. Previously, he served as an Analyst/Associate in the Multifamily Capital Markets Group of Jones Lang LaSalle and as an Investment Analyst at Apartment Realty Advisors.

About TruAmerica Multifamily

TruAmerica Multifamily, a joint venture with The Guardian Life Insurance Company of America, focuses on acquiring, managing and rehabilitating Class B or better multifamily housing on the West Coast of the United States. Led by industry veteran Robert E. Hart, the LosAngeles based investment firm aims to build a portfolio of $1 billion in assets by 2015 and invest $300 million into those acquisitions, positioning the company as a rising industry leader in multifamily housing. For more information on TruAmerica Multifamily, visit www.truamerica.com or call (818) 290-5770.