SOURCE: First Foundation Inc.

First Foundation Inc.

June 27, 2011 18:17 ET

First Foundation Announces Signing Two Additional Leases to Continue Southern California Expansion

IRVINE, CA--(Marketwire - Jun 27, 2011) - First Foundation Inc. ("First Foundation") announced today the signed multiple lease agreements to increase their Irvine headquarters and a full service banking and investment advisory office in San Diego. With the number of employees more than tripling in the last three years, First Foundation is leasing another floor in the Lakeshore Towers in Irvine, CA, becoming one of the largest tenants to reside in the building. As part of its continued expansion across the major metropolitan areas of California they have also entered into a lease agreement to open a de novo office in Chancellor Park in San Diego, CA.

Scott F. Kavanaugh, Vice Chairman and Chief Executive Officer of First Foundation, said, "We have made tremendous progress since combining our services into a wealth management platform purely through organic growth at a time where other financial institutions have struggled. I am pleased with our expansion and envision continued growth projections over the next several years." Kavanaugh added, "This is an exciting time for First Foundation to continue our reputation of providing premier service to an expanding market base with integrated investment management, wealth planning, consulting, trust and banking services."

The additional 22,000 square feet at Irvine headquarters, which now totals 44,000 square feet, will allow First Foundation's expansion of operational staff, ensuring the level of service clients have grown accustomed. First Foundation recently increased the size of its human resources department to facilitate additional hiring needs.

The expanded headquarters will be located at 18101 Von Karman Avenue, Irvine, CA 92612, at the intersection of Von Karman Avenue and Michelson Drive and is scheduled to open in the third quarter of 2011.

San Diego:
The new San Diego office and banking branch will be located at 4510 Executive Drive, Suite 150, San Diego, CA 92121, at the intersection of Executive Drive and Genesee Avenue and is scheduled to open in the fourth quarter of 2011.

About First Foundation
First Foundation is a financial institution with over twenty years of experience that provides integrated investment management, wealth planning, consulting, trust and banking services. The company is headquartered in Irvine with offices in Pasadena and La Quinta, California. For more information, please visit our website at

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