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 email@example.com
Fred Tuomi Joins Colony American Homes as Chief Operating Officer
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