Morningstar News: “Trumark Hires Real Estate Finance Executive as Chief Financial Officer”
DANVILLE, CA — 04/14/15 — Trumark Companies recently announced that it has hired Rob Fregulia, an experienced real estate finance executive who has spent more than 20 years in the homebuilding and development industry, as Chief Financial Officer. Fregulia is responsible for managing accounting, finance, insurance and human relations functions for the Trumark family of companies.
“We are excited to have Rob join the team in this critical role,” said Gregg Nelson, principal and co-founder of Trumark. “He brings a broad and diverse background, with a significant track record and strengths in creating systems and teams that are critical to supporting our rapidly growing organization.”
Fregulia, who is based in Trumark’s Danville office, has extensive experience as a senior financial officer for private and public builders and developers. Throughout his career, he has managed debt portfolios exceeding $500 million in total commitments and closed on more than 4,000 homes and $2.5 billion in total revenue.
“I am very excited to join the Trumark family and look forward to being a part of and contributing to the continued growth of the organization,” said Fregulia. “It feels very good to be part of a group that genuinely cares about the people they work with and what they do.”
Before he joined Trumark, Fregulia was the CFO for River Islands Development, LLC, a master-planned community in Lathrop, Calif. He has also served as the California regional vice president for Meritage Homes, which has built more than 85,000 homes over the past 30 years. The first 12 years of his career were spent working for Signature Properties, a privately held Northern California builder that develops master-planned communities, standalone projects and urban infill developments.
About The Trumark Group of Companies
The Trumark Group of Companies is a diversified real estate developer and builder with expertise in land acquisition, homebuilding, community design, entitlements and office, R&D and retail development. Trumark has raised more than $460 million of equity and funded 25 projects since the depth of the recession in 2009. www.trumarkco.com
Trumark Homes is a new generation homebuilder that is nimble, focused and unburdened by broken projects of the past. Its pipeline exceeds 2,000 lots in core in-fill areas of California, representing more than $2.8 billion in future revenue. www.trumarkhomes.com, TruBlu Blog, Facebook, Twitter, LinkedIn
Trumark Urban develops condos in core urban neighborhoods close to jobs, transit and local businesses. Founded in San Francisco in 2011, the new division has expanded into Los Angeles and now has eight high-density condominium communities in process with plans in the works for more than 800 units for a total projected revenue exceeding $1 billion. www.trumarkurban.com
Trumark Commercial, which builds, leases and sells commercial buildings, has entitled or developed approximately two million square feet of office, R&D, retail and hotel properties in the northern portion of the Golden State. www.trumarkco.com