SOURCE: True Life Communities

True Life Communities

July 20, 2012 07:00 ET

Top Talent Joins True Life Communities in Phoenix

The Team at True Life Communities Expands in the Arizona Market

SAN RAMON, CA--(Marketwire - Jul 20, 2012) - Less than eight months ago Taber L Anderson, a well-known developer and builder of luxury and master planned communities in Arizona, joined the executive leadership team with True Life Communities to ramp up activity in California, Colorado and Arizona. Now, as the company's efforts are being realized in land acquisition and development in those markets, another well-known industry name, Mike Hare, has joined the team in Arizona.

A proven industry veteran, Mike has an outstanding history of handling land transactions and investments in a number of states including Arizona, California, Colorado, Texas, Florida and Nevada. Mike's 17-year track record in real estate financing is exemplary. In total he has managed over 200 lot financing transactions on over 40,000 lots with an estimated value of more than $2.2 Billion. He spent eleven years with Acacia Capital leading their investment underwriting team before joining APEXCapital Management LLC, as a lead Investment Officer. He obtained his Bachelor of Business Administration from the University of Georgia, with a concentration in Real Estate and Finance, and holds an Arizona real estate license.

Mike has a strong background in all aspects of land acquisition, development and finance. "Mike brings an exceptional background in acquisitions, due diligence, and strategic financing -- the kind of experience that gets the job done!" states CEO and Managing Partner of True Life Communities, Scott Clark. "He knows how to work with institutional capital, private investors, capital advisors and land sellers to put together the kinds of transactions that work for everyone. We're pleased to have him on our team. With this kind of talent on board, we are able to quickly ramp up in this market, which current research shows is a prime area."

This new addition sets the tone for the company's impressive goals in the greater Phoenix area. Acquisition team members have been scouting the market seriously for some time with positive results. Market conditions have been reported favorably in this market as research commissioned by the company indicates. Home builders are in need of finished lots because of dwindling inventory and improved new home sales, and True Life Communities will be able to provide the desired product for these home builders, both public and private. Those interested in potential lot sales can contact Mike Hare or Taber Anderson at 602.626.8776.

The company currently has seven communities in various stages of development or construction and sales. Communities are located throughout Northern California, Southern California and in the greater Denver metro area in Colorado.

True Life Communities is a strategic real estate investment and management firm, composed of top tier professionals with over 250 years of industry experience in all facets of real estate development, management and construction. Headquartered in San Ramon, California, the company plans to develop land for new home neighborhoods throughout the western United States as a major source of finished lots to the industry. True Life Communities derives its name from their dedication as stewards of the American Dream, creating communities of enduring value and establishing relationships based on a long-standing tradition of honesty and trust -- creating the foundation that leads to brighter futures.

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