Former Lennar manager brings expertise in asset management, financial underwriting economics and real estate accounting to Trumark’s Newport Beach office
NEWPORT BEACH, Calif. – Oct. 29, 2012 – Trumark Homes, a diversified real estate developer and builder, has hired California real estate finance and operations expert Phil Wagner as its new Director of Land Development.
Based in the Newport Beach office of Trumark Homes, Wagner will be responsible for all aspects of land development for the firm including sourcing, underwriting and entitling new land development opportunities,, .
Prior to joining Trumark, Wagner worked at Lennar Homes of California, where he managed the acquisition and disposition of real property assets. During his tenure, Wagner helped his team acquire $500 million of raw land, finished lots, mixed-use and multifamily properties for the company.
Before working at Lennar, Wagner was vice president of Horizon Strategies in Solana Beach, where he secured a $25-million commitment for an industrial property investment fund.
He also worked for the Oracle Corporation ofRedwood Shores as global corporate strategy manager from 1999-2000. Prior to that, Wagner managed audit- and management-consulting projects for Arthur Andersen, LLP in San Jose, Calif.
Wagner is a Certified Public Accountant (CPA) with an economics degree from Santa Clara University and a master’s degree in business from The Anderson School at UCLA who sits on the University of San Diego’s BurnhamMoores Center for Real Estate Residential Real Estate Committee.
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 Companies is the residential development arm of the organization and has completed over $700 million in transactions since 2000, representing approximately 2,750 lots in Northern and Southern California.
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.
Trumark Homes is a new generation homebuilder that is nimble, focused and unburdened by broken projects of the past. Since May of 2009, Trumark has raised more than $140 million of equity and funded 15 deals. Its pipeline exceeds 2,000 lots in core urban areas of California, representing more than $950 million in future revenue.
The final documents are signed, escrow is closed, and you’re on your way to your new home. The moving process can become overwhelming as there are many underlying factors that affect logistics. Once the process is over, many find it difficult to unpack as there is immediate relief once the last box or last piece of furniture makes it through the door. You don’t have to unpack right away, but you don’t want boxes around for the next six months — Relocation.com covers Top 10 unpacking tips on Trulia: [Read more…]
Randy Maples, who is in land acqusitions for Trumark Homes at the new beach bungalow in Newport Beach, likes to watch The Bachelorette (only for good date ideas) and wants to meet Mark Cuban, owner of the Dallas Mavericks and Landmark Theatres, as well as an investor in the TV series Shark Tank.
- Fantasy career: Real Estate Developer (is that a rhetorical question?)
- Favorite ethnic cuisine: Thai
- Most exotic travel experience: Repelling waterfalls in Costa Rica
- Starbucks order: White Chocolate Mocha
- A perfect day in would be: Early morning coffee, reading/web surfing, beach.
- Best advice you ever received: Love God, Love People, Dream Bigger Dreams, & Problem Solve
- Your secret talent: strategically packing a moving truck (but don’t call me next time you move)
- What you like most about your work: Creative thinking
- Worst subject in high school: Science
- What inspires you? New: Ideas, technology, goals
- Most productive time of day: 6:00-9:00am
- Reality show you’re embarrassed to admit you watch: The Bachelorette (only for good date ideas)
- Person you’d like to have dinner with: Marc Cuban
- Your first job: Veterinary Assistant
- A business tool you can’t live without: Time management
- Next travel destination: Spain
- Favorite possession: Apple MacBook Air Computer
- What book is on your nightstand now? My Kindle….A Time to Kill by John Grisham
- A job you’d want if you weren’t doing this job: Internet Start-up
- First thing you do when you get to the office: Brew some coffee
- Last thing you do before you leave your office: Turn off the lights
- Your favorite guilty pleasure: Reading for hours on end
Michael Maples, Principal & CEO of Trumark Homes, shares some of his favorite leadership techniques.
We had a company contest in January 2010 called the Month of Why? The idea was that the whole world was changing and it was time to revitalize our business strategy. Staff members were encouraged to question the way we do everything from business management to company structure and present a new solution. We had several categories and we all voted on the best “Why” for each category. The winners received recognition and a small cash prize.
One of our winners was Arden Hearing, Vice President of Land Acquisitions for Trumark Companies. Here’s what he had to say:
WHY do I feel the need to multi-task when focusing on one item would actually be more efficient – in many cases?
I have a general “change,’ or area of focus, for 2010 that applies as much to personal as professional life.
* Our society and generation has gotten very efficient (or so we think) at multi-tasking.
* In my function – I really rely on it (driving, talking, reading, typing, thinking, etc.).
* However – I notice a decline in quality of both tasks when focusing on 2+. If I am reading a contract, for example, I am much more effective when I am not on a callJ.
* For a personal application – I have a great time playing “matching game” with my daughter. If I am also watching Monday night football – my enjoyment, and hers, go down (as does the quality of our time together).
This is partially motivated by a study that I read over the holidays – confirming that the quality of the task, when combined with others, goes down.
So – I am working to consciously guide my attention to the task at hand. If someone calls while I am reading a contract – I call them back OR pick the contract up after the call. If an email comes throughwhen I am in a meeting – I read it after the meeting.
I will do more by doing less at any one given time.