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Sunstone Properties and Two Tree Capital Combine Forces

Sunstone Properties and Two Tree Capital Combine Forces

Multifamily owner and operator Sunstone Properties Trust and single-family build-to-rent developer and operator Two Tree Capital have restructured their companies to become Sunstone Two Tree, LLC. The firms, both based in Westlake Village, CA, will become a vertically integrated real estate operator and developer with a portfolio of rental housing communities across the U.S.

“The combination of high home prices, rising interest rates and changes in lifestyle preferences has created a significant demand for rental housing,” said John Maddux, Sunstone CEO. “Together, Sunstone Two Tree will be able to accelerate growth as we move into an attractive time to be deploying capital in all aspects of the rental housing business.”

The new combined entity will focus on acquiring, renovating and developing multifamily and single-family rental housing in high-growth markets. The new leadership team will consist of John Maddux, CEO; Scott Maddux (pictured), President; Tanner Maddux, CIO; Elizabeth Fujino, COO; and Michael Votta, SVP of Capital Markets.

Image courtesy of Nadia Kelm


Inside The Story

Sunstone Two TreeTwo Tree Capital

About Mark Nieto

Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.