SOURCE: TGM Associates

TGM Associates

October 20, 2009 13:03 ET

TGM Associates Recruits National Director of Marketing

NEW YORK, NY--(Marketwire - October 20, 2009) - TGM Associates, a full service, SEC-registered real estate investment advisory firm, announced today the hiring of Israel Carunungan in the newly-created role of National Director of Marketing. In this position, Carunungan will oversee the marketing management for its portfolio of 47 multifamily properties across the United States.

"Today's business environment is laden with challenges, particularly in the area of retaining market share and support for pricing," stated Steven C. Macy, one of TGM's founding partners. "Israel's skills and experience are well suited to meet these challenges and we are indeed fortunate to have him leading our efforts on this front."

Carunungan brings 20 years of successful marketing experience to TGM Associates where he will provide strategic marketing direction and expertise in branding, media, advertising and Internet marketing for its property management division. He was previously the Vice President of Marketing for The Bozzuto Group and held senior marketing management positions at Hanley Wood, National Geographic and US News and World Report / The Atlantic Monthly. He also served as a member of the Board of Directors for the Washington, D.C. area Property Management Association (PMA).

At Bozzuto, Carunungan has proven success in elevating the quality of the company's marketing collateral, websites, advertisements, promotions and interactive marketing. He also led the company's implementation of a lead management system as well as transitioning to an online-driven marketing strategy. He and his marketing team have won over 20 multifamily marketing awards in three years.

Carunungan will be based in TGM's satellite office in Columbia, Maryland. He will be reporting to TGM's Director of Operations, Zach Goldman. For more information at TGM Associates, please contact Israel Carunungan, National Director of Marketing at 240.499.5598 or via e-mail at icarunungan@tgmassociates.com.

About TGM Associates L.P.

Founded in 1991, TGM Associates L.P. (www.tgmassociates.com) is an investment advisory firm with a single focus -- multifamily properties. TGM specializes in acquisitions, property management, leasing, construction, property maintenance and dispositions. On behalf of its investor clients, TGM acquires, manages and sells apartment properties throughout the United States. Since 1991, TGM has invested approximately $1.7 billion in 114 multifamily residential properties throughout 28 states. TGM's current portfolio contains 47 properties in 23 states encompassing approximately 13,000 units.

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