Yellow Pages |   News Updates |   Events Calendar |   Movie Times | Recycling  |   Document Shredding
Rocklin & Roseville Today Events
Celebrating Life...

USA Properties Fund Names Jonathan Harmer CFO


Longtime accounting and tax senior executive succeeds Edward Herzog

ROSEVILLE, Calif. - USA Properties Fund Inc., one of the largest apartment community developer-builder-managers in the West, has hired Jonathan "Jonny' Harmer as Chief Financial Officer.

Harmer has almost two decades of accounting and management experience and was most recently CFO of CV Holdings Inc., a commercial real estate finance company in Newport Beach. He previously served as CFO for CORE Realty Holdings LLC, a real estate investment group in Newport Beach, and Meridian Development in Incline Village, Nev.

Harmer succeeds Executive Vice President and CFO Edward Herzog, who has been with USA Properties since 1984, three years after the company started. Herzog - who oversees accounting, financial, information technology and tax activities - will retire later this summer.

"Jonny brings almost 20 years of accounting and tax experience, and has excelled at every level of his career," said Geoff Brown, President of USA Properties Fund. "He will be a department leader, a mentor and play a critical role in the evolution of our company."

USA Properties Fund, a longtime developer-owner-manager of affordable family and senior apartment communities, has expanded into market-rate communities. The company's first market-rate community opened in South Sacramento in late 2016. Other market-rate communities are planned for the Bay Area, the Sacramento region and Southern California.

However, affordable housing will remain the company's primary activity and is one of the major reasons Harmer joined USA Properties.

The company has embraced an aging-in-place initiative and the development of energy-efficient communities. USA Properties also partners with LifeSTEPS, the social services provider at many of its affordable communities, on the JB Brown Fund. The JB Brown Fund provides a range of services, from college and youth sports scholarships to covering unexpected expenses for low-income residents.

"USA Properties has a passion for affordable housing, quality communities and improving the lives of its residents, many who face financial challenges and personal hardships," said Harmer, who earned his bachelor and master degrees in accounting from Brigham Young University. "The company has an excellent reputation in the industry with its partners and the communities it serves."

Harmer and Herzog will work together for some time, ensuring a smooth transition of accounting, financial and tax services.

"I'm extremely proud of the company's accomplishments, our expanding efforts to help residents and our award-winning communities," Herzog said. "But, most importantly, I'm honored to have worked with so many excellent employees who are dedicated to our mission of creating outstanding communities."

Currently, USA Properties has more than 11,000 units in California and Nevada, with half of the growth during the past 13 years.
"Ed has played a critical role in our expansion and long-term success, and we are extremely grateful for his commitment and leadership," Brown said. "We are in an excellent position, in part, because of Ed and his team's forward-looking efforts and tireless work." 

Placer County News Headlines

13 Locations in Placer County for Free Medication Take-back Roseville, CA- A free medication take-back event will take place at 13 locations throughout Placer County on Saturday, Oct. 28.

Roseville Flash Crime Report (10.20.17)Roseville, CA - Digest summary update of Roseville Police activity through October 17, 2017.

Worst of Humanity: Arrests as FBI Targets Underage Human TraffickingSacramento - The Federal Bureau of Investigation, along with the National Center for Missing & Exploited Children (NCMEC), announced that 84 minors were recovered and 120 traffickers were arrested

Wildfires are Increasing Housing CrunchSacramento area Realtor, Julie Jalone of MagnumOne Realty in Roseville, writes about the wine country wildfires and how they are impacting the housing crunch and the displaced homeowners.

Sierra College Holds People & Culture Days CelebrationRocklin, CA - Have you sampled homemade tamales? Have you danced to Greek music? Can you make a Japanese origami crane?

Traffic Alert: Closure of I-80 and Hwy 65 Interchange ScheduledRoseville/ Rocklin, CA - On Saturday, October 21 from 11:00 p.m. to Sunday, October 22 at 6:00 a.m., PG&E will relocate three lines over Highway 65 between I-80 and Galleria Boulevard/Stanford Ranch Road,

Golden 1 Center Creates Economic Spark for SacramentoSacramento, Calif. - Downtown Sacramento Partnership and the Greater Sacramento Economic Council today unveiled new research explaining indicators that show the unprecedented change

California Fire Death Toll Hits 41California Fire Updates 2017: In the past week, over 245,000 acres have burned across California. More than 11,000 firefighters continue making progress on 12 large wildfires burning in the State

Volkswagen unveils versatile new GolfRoseville, CA,- The all-new 2017 Volkswagen Golf Alltrack. Volkswagen has attempted to build the Alltrack with some enviable features that give it the versatility that appeals to people who enjoy staying active.

Roseville Gas Prices Continue DroppingRoseville, CA, - More good news for Roseville area motorists as gas prices continue to move lower. The cooler weather is moving in and autumn weekday road trips are idyllic

31 Confirmed Dead in California Wildfire DevastationCalifornia Fire Updates 2017: The death toll has risen to 31 across 4 fires as estimates remain that 3,500 homes and other structures have been destroyed

Placer Women's Retreat in Roseville on November 4thRoseville, CA- The Placer Women's Retreat will take place at the Falls Event Center in Roseville on November 4, 2017.

NEWS: In Case You Missed It