Wednesday, July 11, 2012

Torg Joins Bainbridge Companies as Sr. Development Director for Northeast; New Hire, Promotion Announced

 Wellington, FL (July 11, 2012) – Joseph S. Torg has joined The Bainbridge Companies as Senior Development Director - Northeast. He is based in Bainbridge’s new Westport, Connecticut office.

Torg has almost three decades of real estate development experience and has participated in the development of more than 7,500 multifamily units in the Northeast and Florida.

He will lead the firm’s development and acquisition expansion into Boston, New York, New Jersey and Philadelphia. Most recently, Joe was Senior Managing Director for Trammell Crow Residential/Mill Creek Residential Trust.

For a complete copy of the company’s news release, please contact:

Terri Thornton

ROM Investments Acquires Multifamily Property in Los Angeles, CA for $6 Million in All-Cash Transaction

 LOS ANGELES, CA – ROM Investments, a private investment firm focused on acquiring value-added multifamily and mixed-use properties in Los Angeles County, has acquired a 49 unit multifamily community located at 4623 La Mirada Ave. (top left photo) in Los Angeles for $6,025,000.

 In the past 18 months,  ROM Investments has acquired more than 200 units in Los Angeles. The firm is looking to purchase between $100-150 million in real estate in the next two years.

ROM Investments was represented in-house by Leeor Maciborski, partner for the firm.  The seller, PS Investments, Inc, was represented by Henry Garcia of KW Commercial.

For a complete copy of the company’s news release, please contact:

David Ebeling
Ebeling Communications
949.278.7851 (Cell)