TrueLane Homes Announces New Leadership Team to Accelerate Growth

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TrueLane Homes, a leading real estate company focused on affordable single-family rental homes, announced today the promotion of Kelli Parker to Vice President of Asset Management, Thomas Haggerty to Vice President of Acquisitions and Jerome Nonato to Vice President of Capital Markets.

“Kelli, Thomas and Jerome have been a key part of our success to date, and we are excited to announce their promotion” said Alan True, Founder and Chief Executive Officer. “With their combined experience in real estate and the SFR space, we believe they will be instrumental in driving TrueLane Homes’ continued growth and expansion.” Ms. Parker, Mr. Haggerty and Mr. Nonato will continue to report to Taylor Carvajal, Chief Operating Officer.

As Vice President of Asset Management, Ms. Parker will be responsible for overseeing all aspects of the asset management department with a focus on optimizing portfolio performance, increasing NOI, maximizing occupancy, increasing retention, and reducing delinquency. Kelli brings over 15 years of experience in property and asset management for multi-family and single-family rental assets.

Prior to joining TrueLane Homes, Kelli oversaw the asset management group with HomeUnion, where she helped to implement standardized policies and procedures and led efforts to improve portfolio performance and investor satisfaction. Formerly, a Regional Asset Manager with Progress Residential managing multiple market and optimizing performance.

As Vice President of Acquisitions, Mr. Haggerty will oversee all asset purchases, establish and open new markets for acquisitions and operations, as well as contribute to corporate and fund level strategy. Thomas is a seasoned buyer and operator with over 9 years of single-family rental experience.

Prior to TrueLane Homes, Thomas began his career with an affiliate operator of Colony American Homes and several other institutional platforms, where he experienced first-hand the growth of the SFR industry and development of best practices across the life cycle of a single-family rental home. He has also leveraged his ability to understand macro market trends to acquire and operate homes in over 30 major markets nationwide. As Vice President of Capital Markets at TrueLane homes, Mr. Nonato is charged with the development and execution of the firm’s capital strategy. He has over 11 years of experience in capital markets and investment management within the real estate and private equity industries.

Prior to joining TrueLane Homes, Jerome spent over 10 years in New York, most recently with Fortress Investment Group, where he executed capital markets, mergers and acquisition transactions for several REITs within Fortress’ private equity group. Prior to Fortress, Jerome held finance and advisory roles with Morgan Stanley and Deloitte.

About TrueLane Homes

TrueLane Homes has been investing in single-family rental homes and revitalizing communities since 2012. As a leading single-family rental investment and management company focusing on quality, affordability and customer service, TrueLane provides a resident experience to make tenants feel at home. The company has acquired over 1,300 homes across 11 select markets.

By exclusively concentrating on the working-class segment of the single-family rental industry, TrueLane Homes has made a lasting impact on tenants, communities and home values. TrueLane has consistently achieved institutional quality rehabilitation of major home components that would otherwise not have been performed, thereby significantly improving home value and positively impacting the neighborhoods and tenants’ quality of living.

TrueLane Homes has developed a comprehensive platform to efficiently acquire, renovate, lease and operate properties to exacting standards. The institutional management team has been enormously successful in pioneering the single-family rental home industry and has vast and in-depth experiences across the real estate and finance industries.

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