LONGTIME ORANGE COUNTY DEVELOPER JOINS CT REALTY INVESTORS BOARD OF DIRECTORS
ALISO VIEJO, CA – June 27, 2011 – (RealEstateRama) — David L. Ball, president of Arnel Development Co. in Costa Mesa, Calif., has joined the board of directors for CT Realty Investors.
Ball has nearly 30 years of commercial and residential real estate development and lending experience. As president of Arnel Development, a subsidiary of Arnel & Affiliates, Ball is responsible for overseeing all real estate investment and development activities, joint ventures and real estate-related banking relationships. A member of the Arnel management team since 1983, Ball has developed more than one million square feet of retail space, numerous apartment projects, hundreds of single-family homes, and nearly 500,000 square feet of office space. He has also engineered numerous investments involving land development and industrial parks on behalf of Arnel.
Prior to joining Arnel, Ball served in the financial industry with Union Bank and Wells Fargo Bank.
In addition to his professional responsibilities, Ball has been actively engaged in community service. He has served on the executive board of Big Brothers/Big Sisters of Orange County and was named “Big Brother of the Year” in 1997. In addition, he is past chairman of the Orange County Chapter of the March of Dimes.
A native Southern Californian, Ball graduated with honors from California State University, Fullerton, with a bachelor’s degree in business administration with a concentration in finance.
“David offers nearly 30 years of perspective on real estate lending and development, which will be critically important as we move forward with current and emerging real estate opportunities,” said James “Watty” Watson, president of CT Realty Investors. “Each member of our board of directors brings a different type of expertise to CT Realty and has been selected based on their depth of knowledge, vision and leadership skills. David is a highly respected member of the real estate community, and we are delighted he has joined the CT Board of Directors.”
Since its establishment in 1994, Aliso Viejo, Calif.-based CT Realty Investors has completed more than 200 transactions with value in excess of $2.5 billion through a series of 10 independent discretionary private equity real estate funds, and continues to invest in institutional quality industrial properties, debt instruments and multi-family properties in Arizona, Colorado, New Mexico, Nevada, Oregon, Utah, Washington and California, as well as other income-producing assets.
Properties acquired in California are located in the following counties: Alameda, Contra Costa, El Dorado, Fresno, Glenn, Kern, Los Angeles, Orange, Riverside, San Bernardino, San Diego, Santa Clara, Solano, Sonoma, Stanislaus and Tulare. The focus of CT Realty’s investment activities is to acquire well-located assets in major markets with the potential to enhance their value through a solid, hands-on management approach. For further information, contact Carter Ewing at CT Realty Investors at (949) 330-5777 or visit www.ctrinvestors.com.
Contact:
Donna Hahn
Hahn Communications
(949) 458-3983
donna (at) hahnmarketing (dot) com
