Lynn Owen Joins Compass Acquisition Partners as CEO to Accelerate Growth Strategy

WOODLAND HILLS, CA  – Veteran multifamily executive Ms. Lynn Owen has joined real estate investment firm Compass Acquisition Partners as CEO, announced company Principal  and founder John Walsh.

Owen brings more than 30 years of real estate management experience from some of the largest companies in the multifamily sector to her role at the Woodland Hills-based firm. Owen joins Compass from TruAmerica Multifamily, where as Chief Operations Officer she oversaw all asset and construction management and portfolio operations functions.  She also was a member of the firm’s Investment Committee.  Previously,Ms. Owen was a Principal with Seattle-based property management firm Glacier Real Estate Services, which was acquired by Greystar in 2010.  Ms. Owen continued with Greystar as Senior Director of Real Estate until joining TruAmerica in 2014. 

Since its founding by Walsh in 2009, Compass Acquisition Partners has built a $1.2 billion portfolio of multifamily and retail assets located in select markets along the West Coast, Colorado and Wyoming, primarily for its own balance sheet.  Owen plans to expand Compass’ investment platform to include private equity real estate joint ventures with institutional capital partners with a goal of investing approximately $500 million over the next 12 months.

“I’ve known Lynn for a long time and have always been impressed with her energy and ‘out-of-the-box’ thinking.  Given her track record, I know she will accomplish what she sets out to do and that means great things for Compass,” said Walsh.  

“I believe that there should be a paradigm shift in the way multifamily investment is conducted,” added Owen.   “At Compass, we are going to be investing with purpose to build our balance sheet, generate attractive risk-adjusted returns for our investors, and do things that improve the social context.”

Owen has received widespread recognition for her work, having been named as a 2017 Power Woman in Real Estate by Connect Media.  She was also inducted into Real Estate Forum’s 2018 Women of Influence Hall of Fame. She is also well known for her fundraising ability and passion for causes close to her, which include charities that end homelessness and organizations that assist victims of domestic abuse.

Owen attended The University of Minnesotamajoring in Business Administration with a focus in Marketing. She is attending Pepperdine Graziadio Business School and will graduate with her MBA in December 2019.

About Compass Acquisition Partners: Compass Acquisition Partners is a fully integrated real estate investment firm that acquires, develops, redevelops, and manages multifamily apartment communities located in supply-constrained markets. The portfolio is concentrated in select coastal submarkets along the West Coast. Currently, the portfolio consists of 60 multifamily communities and 11 retail shopping centers concentrated in select coastal submarkets along the West Coast, including Southern California, Northern California, Seattle metropolitan area, Colorado, Wyoming, Nevada and Hawaii.