Coretrust Capital Makes Big Move

LOS ANGELES—A year after launching, Coretrust Capital Partners is making some big moves. The real estate operating firm has hired Robert Morgan as its chief financial officer. A seasoned financial expert, Morgan will oversee accounting, finance, investor reporting, treasury as well as provide and acquisition and transactional support. In addition to tapping a CFO, the company has also moved its offices to Downtown Los Angeles.

Morgan joins the firm from Thomas Properties Group, where he worked with several of Coretrust Capital Partners' founding principals. “This move reunites me with the three founding principals of Coretrust. I am excited to be rejoining them, and collectively we are all energized about starting a new company and growing it to the level of success that we had at Thomas and hopefully beyond,” Morgan tells GlobeSt.com. “For me personally, this is a great opportunity from a professional growth perspective. I have performed a lot of CFO-like functions in my career at Thomas Properties Group. This allows me to further my career growth, and the fact that I am able to do it with three very seasoned real estate professionals made a big difference to me.”

Morgan served as an SVP and chief accounting officer at Thomas Properties Group, where he led a team of 30 professionals and guided relationships with major institutional partners for the firm. At Coretrust Capital, Morgan is going to leverage his past experience to guide the firm to achieve its lofty goals. “We are going to be focused on the office market; large-scale office projects greater than 250,000 square feet in size, but with a preference for projects more than 500,000-square-feet in size; and we are going to be focused on markets that we have a deep experience in, like the West Coast, Texas and the mid-Atlantic region,” he explains.”

As for the move to Downtown Los Angeles, which firms have been doing more frequently, Morgan says that it has always been their plan to move. “Downtown Los Angeles is really our home,” he says. “We were here for over 15 years under the Thomas Properties Group platform. We think that Downtown Los Angeles is that spot that will allow us to best serve our investors.”