The Ruth Group’s mission is to create value for our clients and partners by leveraging our local market knowledge, deep relationships, and experience owning and operating commercial real estate.
Robert “Bob” Ruth is President of The Ruth Group, a Los Angeles based company focused on value-added opportunities in office, industrial, multi-unit residential, and retail projects. They represent both users and investors of commercial real estate.
Trammell Crow Company/Tooley & Company 1982 to 2007
Prior to starting The Ruth Group, Mr Ruth was the Area President for the Trammell Crow Company based in Los Angeles, California for 9+years. He was responsible for all facets of Trammell Crow’s strategies, planning, and growth, as well as management of the company’s top team of real estate professionals. Trammell Crow Company was the largest full service real estate company in California with 46 million square feet of office, industrial and retail, in addition to major development projects that, at the time, represented approximately $750,000,000 under development. The largest project developed by Trammell Crow Company was directed by Mr. Ruth, whereby he structured the original acquisition of the Century Plaza Towers and then ABC Entertainment Center to the newly developed 2000 Avenue of the Stars project in Century City.
Prior to Trammell Crow Company he was the Principal of Tooley & Company for 17 years before he sold the company to Trammell Crow Company. During that period of time he acquired, developed, managed and leased a number of prominent projects throughout Southern California.
Mr. Ruth has been honored nationally for his outstanding achievements in the development, marketing and management of several prestigious real estate projects. The Commercial Property News publication voted Mr. Ruth one of the 10 “Stars to Watch” in America. In addition, Mr. Ruth was highlighted by the Los Angeles Business Journal as one of the 10 most influential people in real estate in Los Angeles. He was recently recognized by NCCJ for the “Humanitarian of the Year”.
As Senior Vice President, Mr. Benson focuses on commercial real estate acquisitions and dispositions for The Ruth Group. Responsibilities include sourcing acquisitions, due diligence, underwriting, evaluating financing alternatives and developing relationships with equity partners.
Eastdil Secured (2005-2014)
Prior to joining The Ruth Group, Mr. Benson was a Vice President at Eastdil Secured for 9+ years where he focused on marketing and underwriting institutional office properties for disposition in Los Angeles and Orange County. Since 2010, as part of the Southern California Investment Sales Team, David completed over $4.0 billion of office sale and joint venture transactions totaling over 13.0 million square feet. Select institutional clients include: Kennedy Wilson, Lincoln Property Company, Tishman Speyer, Blackstone, Hudson Pacific Properties and Hines.
Mr. Benson earned his B.S. from the University of Southern California. He is a licensed real estate salesperson in the state of California.
As Chief Financial Officer, Mr. Mooney is responsible for the ongoing duties of a CFO. Mr. Mooney is also responsible for the review and presentation of prospective project and development pro-formas and creation of financial modeling for the The Ruth Group.
Trammell Crow Company / Tooley & Company 1989 to 2002
Mr. Mooney served as Controller of Accounting for the Southern California division of Trammel Crow Company and Tooley & Company. Responsibilities included supervising the staff of 35 accounting professionals that reported on over 135 projects with 46 million square feet of office and commercial space. He oversaw the annual budget preparation and client presentation as well as the annual project operating expense recovery calculations. In addition he coordinated the personnel training and maintenance of seven different mainframe accounting software systems.
Wathen Castanos Mazmanian 2003 to 2007
Mr. Mooney was the Director of Accounting / Controller for a large Central Valley homebuilder with over 400+ home sales / year. Mr. Mooney was brought in to review and implement changes to the company’s accounting policies and procedures. As part of those changes, he restructured the accounting processes to automate the job costing, warranty and sales tracking systems, and revise and update the financial reporting and budgeting systems. He also developed project profitability and costing models to establish potential project viability. Mr. Mooney acted as a financial consultant (both systems and procedures) for a 345 acre Master Planned Community joint venture.
As Vice President, Mr. Lesch focuses on commercial real estate acquisitions, dispositions, and development for The Ruth Group. Responsibilities include due diligence, underwriting, evaluating financing alternatives, and construction management.
Sandler O’Neill + Partners (2016 – 2017) – Prior to joining The Ruth Group, Mr. Lesch was a member of the Investment Banking Group at Sandler O’Neill + Partners in New York City, a boutique investment bank that is the industry leader in mergers, acquisitions, and capital raises for financial institutions. As part of the Investment Banking Group, Mr. Lesch was heavily involved in a variety of mergers with deal values in excess of $1B, including the $2.2B acquisition of Capital Bank Financial Corp. (CBF) by First Horizon National Corporation (FHN).
Mr. Lesch earned his B.A. and M.B.A. from the University of Notre Dame, where he was a four-year member of the varsity men’s soccer team. Mr. Lesch has also completed the Chartered Financial Analyst (CFA) curriculum and is awaiting his charter.