California-Based Private Equity Firm Expands, Establishes Office In Miami Beach
Trion Properties, a private equity real estate firm based in West Hollywood, California that specializes in multifamily investments, announces its expansion into the Southeastern U.S. market with the establishment of a second office in Miami Beach.
The firm, which has historically focused its investments on the West Coast, has hired real estate veteran Marley Dominguez as director of acquisitions to run the Miami Beach office. Dominguez will be responsible for sourcing deals throughout the Southeast, specifically in South Florida, Central Florida, Atlanta, and the Carolinas, according to Max Sharkansky, Managing Partner at Trion Properties.
“Establishing this new office in Miami Beach allows Trion to expand our reach into a region that aligns well with our investment strategy and goals for our investors,” says Sharkansky. “The Southeast is enjoying outsized multifamily demand due to stellar job growth and a mild climate, making it an ideal area of the country for our second office and expansion plans.”
Dominguez, who has nearly 20 years of progressive core-plus and value-add multifamily real estate investment experience focused on acquisitions and asset management throughout the U.S., is an ideal hire for the role of director of acquisitions in this region, Sharkansky adds.
“Marley has led the acquisition or development of over $4 billion in real estate transactions focusing on both ground-up and existing products in the Southeast, sunbelt, and West Coast markets,” notes Sharkansky. “His deep and extensive knowledge and networks with principals, brokers, property manager, and lenders position him favorably as our leader in this promising region.”
Prior to joining Trion, Dominguez served as managing director of Sonder, leading all real estate acquisition, leasing, and investment activity of multifamily and hospitality operations for the firm. Previously in his career, he held real estate investment and management roles with Apple Investments, Kuwait Pension Fund (Piffs), Reem Investments, John Laing Homes, and Swirnow Capital Management. Dominguez earned a Bachelor of Science degree in accounting with an emphasis on finance from Clemson University in Clemson, South Carolina.
“I am excited to be working with a firm that is as well-respected and accomplished in the multifamily investment arena as Trion Properties,” says Dominguez. “I’m looking forward to applying my knowledge and experience toward expanding the company’s presence in the Southeastern region and establishing a solid footprint in that market.”
Trion’s new Southeastern office is located at 1111 Lincoln Road.
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