Fred Tuomi Joins Colony American Homes as Chief Operating Officer

  Fred Tuomi Joins Colony American Homes as Chief Operating Officer

Business Wire

SCOTTSDALE, Ariz. -- July 8, 2013

Colony American Homes (“CAH”) announced today that Fred Tuomi has joined the
company as Chief Operating Officer. Mr. Tuomi will be responsible for leading
the company’s operations with a particular focus on renovations, property
management and leasing, and information technology and will be based in the
company’s Scottsdale office.

Mr. Tuomi most recently served as Executive Vice President and President,
Property Management for Equity Residential, a leading multi-family REIT which
he joined in 1994. He led the development of Equity Residential’s Property
Management Group through years of rapid growth and expansion to become the
nation’s largest apartment REIT, while helping pioneer its best in class
operational platform.

Justin Chang, CEO of CAH, said, “We are delighted to have Fred join Colony
American Homes. His experience, track record and accomplishments in helping
build Equity Residential into one of the leading multi-family REITs will be a
critical addition to our team as we continue our growth and enhance our
leadership position in the single family homes rental industry.”

“I am extremely pleased to join Colony American Homes which has established
itself as a leading owner and manager of single family homes for rental in the
United States,” said Mr. Tuomi. “This industry is where the multi-family
industry was in the early 1990’s and I am excited to help lead and continue to
build Colony American Homes into the preeminent single family rental company
with a long-term commitment to the customers and communities we serve.”

About Colony American Homes

Colony American Homes (www.colonyamerican.com) is a market leader in the
acquisition, ownership, renovation, leasing and management of single-family
residential homes in the United States. CAH owns and manages over 13,000 homes
for rent in Arizona, California, Colorado, Florida, Georgia, Nevada, and
Texas. CAH was formed in 2012 by Colony Capital, a leading global real estate
investment firm that has approximately $25 billion of assets under management
and has acquired approximately $50 billion of real estate since its founding
in 1991.

Contact:

Owen Blicksilver Public Relations, Inc
Caroline Luz, 203-656-2829
caroline@blicksilverpr.com
 
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