CARLSBAD, Calif.--(BUSINESS WIRE)--Jason Ballow has been promoted to vice president of development for the Southern California Division of Trammell Crow Residential (TCR). He will be responsible for the entitlement, development and construction of multifamily properties throughout Orange, Riverside and San Diego counties. Currently, there are eight projects under way or planned with a total of 2,300 units.
He has been a development associate at the firm since 2012, responsible for project management of four Class A apartment communities, totaling 1,200 units. He also led the disposition of two apartment communities, totaling nearly 700 units, for $187 million.
“Jason is a consummate professional,” said Garth Erdossy, senior managing director at TCR. “We felt that an associate of Jason’s caliber needed to touch more projects, so his positive impact could be felt on a larger portion of our Southern California business. It will also allow others within the firm to spend more time on deal origination, and we will likely secure an additional two to three deals per year,” he said.
Ballow was previously served as chief financial officer of Anderson Drilling, a deep foundation and earth retention contractor.
Earlier, he was the vice president of finance for CityMark Development of San Diego and the director of finance for D.R. Horton, as well as the project finance manager for The Corky McMillin Companies. He started his career at KPMG in the firm’s audit practice.
Ballow has a bachelor’s degree in Business Economics from the University of California, Los Angeles, and an MBA from the Stanford University Graduate School of Business. He is a licensed real estate broker and a certified public accountant.
Trammell Crow Residential (TCR) is a premier multifamily real estate company with nearly 40 years of experience in residential development and asset management. Since 1977, Dallas-based TCR has developed more than 250,000 units in major markets.
The Southern California Division of Trammell Crow Residential is currently developing 3,400 apartment units in Los Angeles, Orange and San Diego counties, valued at more than $1.2 billion. The projects range from urban towers to suburban garden projects. To learn more about their current projects or discuss future deals, please contact Jason at jballow@tcr.com.
