Phil L. Rush Named President/COO of Brehm Residential

CARLSBAD, Calif., July 28, 2011 /PRNewswire/ -- Well-respected real estate veteran Phil L. Rush has been named President and Chief Operating Officer of Brehm Residential, an award-winning San Diego-based homebuilding and community development company.

(Photo:  http://photos.prnewswire.com/prnh/20110728/LA43682)

"Phil Rush brings to us superb experience in project finance as well as a strong track record of successful residential ventures and portfolio management," said Brehm's Chief Executive Officer Forrest "Woody" Brehm, who founded the Brehm group of companies nearly 50 years ago.  "We are very pleased to welcome Phil to the Brehm team where his financial and land investment expertise will be the perfect complement to our award-winning homebuilding history."

A 30-year veteran of the homebuilding industry, Rush most recently served as President of Carlsbad-based RPR Realty Advisors, Inc. where he provided consulting services to both private and institutional investment fund clients.  His activities focused on real estate underwriting and asset management for portfolios ranging in size from $100 to $500 million. Over the course of his career as a senior executive, Rush has represented institutional investors including CalPERS, The Prudential Insurance Company of America, and Donaldson, Lufkin & Jenrette in the acquisition, development, and management of residential projects totaling over 30,000 homes and lots in major metropolitan markets throughout the United States. These projects, which were undertaken in partnership with major homebuilding and land development firms, included master-planned communities, traditional for-sale subdivisions, custom lot developments, and senior retirement facilities.  

A member of the Urban Land Institute, Rush has served as a past member of the State of California's Housing and Community Development Loan Committee, the San Diego Mid-City General Plan Task Force, and as a board member for several large community associations.  A licensed California real estate broker, Rush earned a Bachelor of Arts degree in Geography/ Urban Planning from the University of California at Riverside and has completed post-graduate coursework in real estate development at the University of California at San Diego.  

"Phil's impressive knowledge and experience combined with our existing team's homebuilding expertise positions Brehm to identify, finance and develop a wide range of new home communities throughout San Diego County and the Inland Empire over the coming years," said Woody Brehm.  

For nearly 50 years, Brehm has proven its commitment to responsible land planning, innovative home design, fiscal efficiency and reliable customer warranty in building thousands of homes throughout San Diego County and the Inland Empire.  As a privately held homebuilder, Brehm has achieved its success by maximizing the opportunities at all stages of the real estate cycle, meeting specific market demand with well-executed communities and home product, ranging from high-density condominiums and apartments as well as entry level and custom single-family homes to individual subdivisions and master-planned communities.  To learn more about Brehm, please visit www.BrehmCo.com.

SOURCE Brehm Residential