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| Kristi Ruggeberg |
Irvine, CA (Aug. 6, 2018) – Passco Companies, a privately-held California-based
real estate company that specializes in the investment, acquisition,
development and management of commercial properties throughout the U.S., has
further expanded its growing multifamily team with the addition of 35-year
industry veteran Kristi Ruggeberg as a Director of Multifamily Investments.
Ruggeberg will oversee a portion of Passco’s multifamily
portfolio, which includes approximately 40 properties and 13,000 units
nationwide with a total market value in excess of $2 billion, according to Jeff
Olshan, the firm’s Senior Vice President of Multifamily Investments.
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| Jeff Olshan |
“We are very pleased to welcome Kristi to our
team. She is a seasoned professional with a deep understanding of the portfolio
and property-level operations of multifamily investments.”
Ruggeberg’s experience includes over 20 years specializing in
multifamily analysis and asset management. In her new role, she will be
directly responsible for overseeing a portfolio of 10 properties located across
the country.
“Passco has a superb reputation in the industry, due to the firm’s
proven approach to multifamily investment, as well as its exceptional culture,”
says Ruggeberg. “I look forward to growing in the next stage of my career with
a team that has a clear and strategic vision for its future, and deeply values
each and every one of its employees.”
Most recently, Ruggeberg served for 10 years as a Director of
Asset Management for UBS Realty Investors, where she supervised a diverse
portfolio of multifamily assets throughout the Southwest and Mountain regions.
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| Nika Dufour |
Prior to that, Ruggeberg spent 12 years as a Senior Asset
Management Analyst with INVESCO Realty Advisors.
She began her career at a private real estate firm and gained
experience as a leasing manager and then a property manager before moving into
the asset management space. She is a graduate of the University of
Northern Iowa.
Ruggeberg will be based out of Passco’s Dallas, Texas office. Her
appointment comes on the heels of the additions of Nika Dufour as a Vice
President of Multifamily Investments, Jera Harris as Director of
Multifamily Investments, and Brooks Foy, Investment Manager, earlier
this year.
For more information, please contact:
Elisabeth Manville / Lexi Astfalk
Brower Group
(949) 955-7940
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