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May 17, 2008
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PROPERTY MANAGEMENT NEWS
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RiverRock Shifts to Kruis Control

5/01/08

A number of SoCal property management professionals have been in the news lately, three of whom we’ll mention in this brief Pro Moves column. We’ll start at RiverRock Real Estate Group, which named Ken Kruis as Chief Financial Officer, a role that makes him responsible for RiverRock’s corporate and joint venture accounting and overall financial management. Prior to joining RiverRock, Kruis was Assistant Controller at Western National Group, where he was responsible for monthly financial reporting of a $130 mil real estate portfolio, comprised of more than 90 projects totaling 174 buildings.

Previous to that, Kruis served as Assistant Controller for Donahue Schriber and, prior to that, he was a Senior Accountant for Insignia/ESG, where he worked with Steve Core, chief operating officer, RiverRock Real Estate Group, and John Combs, now a Principal at RiverRock. At Insignia/ESG, he was responsible for preparing monthly investor reports and financial statements for The Irvine Company (TIC), the big OC-based landlord. Kruis was also an accountant for the USAF.

At Keystone Pacific Property Management, Traci Blankenship, Director of Business Development, was appointed to serve as Secretary on the Community Association Institute’s (CAI) 2008-2009 Orange County Board of Directors. CAI is a national membership organization dedicated to helping homeowner and condominium associations meet the expectations of their residents.

Based in the firm’s Irvine headquarters, Blankenship was promoted to Director of Business Development in 2006. Over the last two years, she has maintained sustainable relationships with builders and developers as well as obtained new management contracts for developing communities. In addition, she has been involved in promoting the firm’s services to existing associations in the Inland Empire region.

Blankenship joined the firm in 2005 as District Manager of the Inland Empire office, where she supervised a team of approximately five community association managers. Within a short period of time, Blankenship was transferred from the company’s Inland Empire office to its corporate headquarters to begin overseeing the firm’s New Development Division, which assists associations with transitioning to owner control.

Also at Keystone, Steve Koerner was promoted from Escrow Specialist to Accounts Payable Supervisor, where he will be responsible for supervising the accounts payable staff, managing client check distribution, managing and researching insured investment alternatives for clients and opening new accounts. He will continue to work out of the company’s Irvine office, where he has been employed since 2001.





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