Trion Properties Promotes David Moghavem to Director of East Coast Operations
Trion Properties, which has headquarters in both Miami, FL and Los Angeles, CA, has elevated David Moghavem to director of East Coast acquisitions. He previously served as the firm’s director of acquisitions in CO.
Since acquiring Trion’s first asset in CO in 2020, Moghavem has personally led the acquisition of 1,514 units in the state, consisting of $335 million in total asset valuation.
“Sourcing successful off-market opportunities has been the key to our rapid expansion in the West,” said Moghavem. “I am thrilled to begin implementing these strategies to deepen our services and take full advantage of developing local and regional opportunities in the East.”
To date in 2022, Trion has acquired a total of $500 million in assets, $250 million of which are located in the Southeast. Since its inception, Trion has completed more than $1.5 billion in transactions with a portfolio of over $1 billion in assets, generating an average internal rate of return in excess of 25%.
Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group.
When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.
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