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American Realty Investors

Fausto C. Rusca

President & CEO

Mr. Rusca joined the Group in 1965, and started the real estate activities in North America. In his capacity as President and CEO, Mr. Rusca was instrumental in the acquisition and development of a large and diversified portfolio of properties, including office buildings, hotels, multi-family projects, industrial properties, and shopping centers. At one time, the total market value of the portfolio exceeded two-billion dollars and covered over one hundred properties in fifteen cities throughout North America.

Since 1988, Mr. Rusca has focused on the Houston and South Florida markets, orchestrating, on behalf of various private and institutional investors, the purchase of some forty buildings for a total of over five-million square feet which comprises of office, retail, and multi-family properties.

Mr. Rusca is a Swiss citizen and holds an economics degree from the University of Milan in Italy.


Michael G. Tombari

Chief Financial Officer

Since joining the Group in 1978, Mr. Tombari has been primarily involved in the operational and financial management of the Groupís activities in the United States. His experience includes the development and management of major office buildings, including the 750,000 square foot Manufacturers Hanover Building in downtown Chicago and the 1.4 million square foot Place St. Charles in New Orleans. Additionally, he has been involved in condominium developments and conversions in Washington D.C., Chicago, and Houston, as well as apartment management in Houston, industrial property management in Cleveland, and suburban office building management along the Gulf Coast. He was also involved with the acquisition and renovation of motels in Kansas City and Mobile.

Since June of 1988, Mr. Tombari has been instrumental in the Groupís acquisition of over fifty commercial properties in Texas and Florida. These properties include suburban office buildings, multi-family properties, and retail centers.

Prior to joining the Group, Mr. Tombari served as controller for Keydril Company, a subsidiary of Gulf Oil Corporation.

Mr. Tombari holds a Masters Degree in Business Administration from Tulane University in Louisiana and a Degree in Economics from Davidson College in North Carolina.


Kenneth L. Hatfield

Chief Operating Officer

Mr. Hatfield joined ARI in 1989 and is responsible for overseeing all due diligence, developing and implementing of business plans, and overseeing all facets of property operations. His experience comprises the development and management of a 550,000 square foot, three-building office complex, and the renovation of office buildings, shopping centers, and apartment projects. He has supervised the management of over seven-thousand apartment units and three-million square feet of commercial properties.

Mr. Hatfield has been active in the commercial real estate arena since 1982. He has been involved in the acquisition and disposition of over sixty income producing properties including office buildings, multifamily, retail and industrial.

Prior to joining the firm, Mr. Hatfield served as President of Mullins Management Company, a Houston development firm specializing in retail and office properties.

Mr. Hatfield graduated from the University of Houston with a Bachelors Degree in Business.