SOURCE: Aragon Holdings

October 01, 2009 08:00 ET

Dan Guy Joins Aragon Holdings as Chief Financial Officer

BEVERLY HILLS, CA--(Marketwire - October 1, 2009) - Larry Clark, president of Aragon Holdings, LLC, today announced that Dan J. Guy has joined the fast-growing operator of multifamily properties as Vice President and Chief Financial Officer. Mr. Guy, a certified public accountant and highly experienced financial and operating executive, is based out of Aragon's Corporate Headquarters in Beverly Hills.

Mr. Guy is responsible for Aragon's operations and financial affairs, including financial reporting for Aragon's investment partnerships. He began his career working in Audit and Real Estate Consulting with the accounting firm Coopers & Lybrand (now part of PricewaterhouseCoopers), where he obtained his certificate in public accounting (CPA). Upon leaving Coopers and Lybrand, Mr. Guy joined the mergers and acquisitions team of Tosco Oil Company, focusing on real estate locations for retail acquisition and divestiture throughout the United States.

He left Tosco to join Diamond Key Homes as Vice President and Chief Financial Officer (CFO), where he was responsible for all accounting and finance for single and multi-family construction as well as the operations of the mortgage company subsidiary. Mr. Guy was also instrumental in negotiating the sale of Diamond Key Homes to a NASDAQ-listed public company.

Mr. Guy came to Aragon from his position as a Vice President for American Express, where he was responsible for negotiating billion dollar technology support contracts, with Fortune 500 companies.

"We are extremely pleased that Dan has chosen to join Aragon," said Mr. Clark. "Dan's financial and operational expertise will be vitally important in supporting our rapid growth. He knows Aragon well, having been a valued advisor since its formation, and his full-time involvement will make his contribution even more significant as our pace continues to accelerate."

During the past nine months, Aragon Holdings has acquired over 1,200 units in five apartment complexes in San Antonio and Houston, and is actively seeking additional properties in those cities as well as Austin and Dallas. Its operating strategy is to acquire infill multifamily properties that generate double-digit cash-on-cash returns.

Based in Beverly Hills, California, Aragon Holdings (www.AragonUSA.com) acquires and manages income producing assets throughout the Southwestern United States on behalf of institutions and high net worth individuals.

Contact Information

  • Contacts:
    Larry Clark or Dan Guy
    Aragon Holdings
    310.550.5750

    Alexander Auerbach
    Auerbach & Co. Public Relations
    800.871.2583
    Email Contact