TruAmerica promotes several to chase deals in West

Investment firm TruAmerica Multifamily promoted several employees to new leadership positions as it seeks to expand its apartment portfolio and realign management across the West. The Los Angeles-based firm named Erica Joseph and Brandy Hildebrand as senior directors of asset management. It also appointed Michael Gold as managing director of asset management and Tim Prunotto as an asset manager.
The Los Angeles-based company said Joseph will take on the broader leadership role pf overseeing TruAmerica’s Las Vegas and Phoenix regions, where Prunotto will also assume expanded duties after serving on the firm’s construction management team.
Gold will transition from the desert regions to a new role focused on Northern California and other companywide operations, TruAmerica said. Hildebrand, who previously served as an asset management director, will oversee operations in Colorado and New Mexico, the company said.
CBRE pursues Phoenix business with hire
Scott Baumgarten joined the Phoenix office of CBRE as senior vice president. The brokerage said Baumgarten will specialize in agency leasing for institutional and private office owners in the region. He joined CBRE after working seven years at Transwestern. Before that, he worked as an office broker at Cassidy Turley.
Baumgarten has 22 years of industry experience, including office leasing, investment sales and tenant representation. During his career, he has handled 800 transactions that involved a total of more than 7.5 million square feet of space.
SRS expands in Inland Empire
SRS Real Estate added industrial real estate veteran Brad Fox as a senior vice president in its Inland Empire office in Riverside, California. Dallas-based SRS said Fox will lead its expansion efforts in one of the nation’s fastest-growing regions for logistics and distribution properties. He served most recently as a senior vice president at Voit Real Estate Services. He held earlier roles at NAI Capital, CoStar Group, publisher of CoStar News, and DAUM Commercial Real Estate Services.
Fox has closed more than $330 million in transactions throughout the Inland Empire, a region that includes Riverside and San Bernardino counties and portions of Los Angeles County.
Stevens-Leinweber appoints construction director

Tenant improvement contractor Stevens-Leinweber Construction promoted industry veteran Ryan Park to director of construction. The Phoenix-based company said Park will oversee all construction activity, including project management.
Park previously served as a senior project manager at Stevens-Leinweber. He held earlier management roles at VCC Construction, Ryan Cos., Canyon Building & Design and Prospector Investments. Stevens-Leinweber said its active pipeline of tenant improvement and ground-up construction projects that totals approximately 12 million square feet. The 40-year-old company recently completed several office and logistics projects in the Phoenix region for clients such as Merit Partners, ViaWest, Liberty Mutual and Alliance Bank.
Overton Moore bolsters industrial team

Felix Vollrath joined Overton Moore Properties as a senior vice president of acquisitions and development. Vollrath, based at the investment and development firm's Torrance, California, headquarters, will spearhead industrial-focused investments and developments across Southern California and Phoenix, the firm said. Vollrath joined the firm from Rexford Industrial Realty.
During the past eight years at Rexford, Vollrath concentrated on industrial property deals and projects and oversaw more than $2 billion in acquisitions.
His hiring comes as Overton Moore seeks to “grow our business in the most dynamic industrial markets in the Western U.S.,” partner and Chief Investment Officer Pete Cassiano said in a statement.