Our leadership team founded HomeSource to capitalize on the opportunities they saw in the SFR real estate space. The team’s collective knowledge and insight informs our investment thesis, which drives strategic investments in communities poised for growth.
A deep understanding of SFR investments.
Randy Hagedorn
CEO & Co-Founder
Mr. Hagedorn is an industry veteran in the single-family rental space with investment and operating expertise. Most recently, Mr. Hagedorn helped Lennar (NYSE:LEN) craft and launch its single-family initiative. Mr. Hagedorn has also been responsible for the development and implementation of a nationwide acquisition and disposition strategy for Tricon Residential Inc. (TSX:TCN). Under his guidance, Tricon acquired +9,000 homes for $1.4B through the acquisition of Silver Bay (NYSE:SBY) in mid-2017 and organically grew the portfolio to nearly 20,000 homes.
Prior to Tricon, Mr. Hagedorn served in other leadership roles, including Director of Acquisitions for Broadtree Residential, LLC, Chief Operating Officer for Tones Vaisey, a commercial real estate law firm, and First Vice President for the Ashley Group of Companies where he oversaw the development and eventual lease-up of a luxury townhome community on the shores of Lake Ontario.
Mr. Hagedorn holds a Master in Business Administration and an M.P.S. in Real Estate from Cornell University, a Juris Doctor from the University of Minnesota, and a Bachelor of Arts degree from the University of Utah.
Adam Levinson
CIO & Co-Founder
Mr. Levinson is an industry pioneer in the single-family rental industry. During his career, he has acquired,renovated, and sold over 15,000 homes and played a key role in the acquisition of over $1B in assets. Prior to HomeSource, he co-founded Street View Properties, a fund focused on acquiring assets below replacement cost in target markets and repositioning those assets to sell via the retail channel to end users and/or investors.
Prior to Street View, Mr. Levinson led a nationwide acquisition and disposition strategy for Tricon American Homes. As one of the founding partners under a joint venture arrangement with Tricon Capital (TSX: TCN), he oversaw the growth of the portfolio and was key to the national growth strategy of Tricon American Homes. A previous venture, South Florida Residential Homes, acquired and leased over 1,800 single-family homes and 500 multifamily units, which eventually contributed to Tricon American Homes as part of a roll-up at inception of the joint venture
Rich Scola
COO & Co-Founder
Mr. Scola has been involved in the single-family rental space for over a decade, in a variety of leadership roles. Prior to HomeSource, he co-founded Street View Properties, a fund focused on acquiring assets below replacement cost in target markets and then repositioning those assets to sell via the retail channel to end-user owner-occupants and/or investors.
Prior to Street View, Mr. Scola had several key roles with Tricon American Homes. As one of the founding partners under a joint venture arrangement with Tricon Capital (TSX:TCN), he served as Vice President of Dispositions and as Vice President of Operations, leading major initiatives that informed strategy, helped scale the business, and developed a high-efficient property management platform. He was the co-founder of South Florida Residential Partners (SFRP), a venture that acquired, leased, and renovated over 1,800 single-family homes which were eventually contributed to Tricon American Homes as part of a roll-up at inception of the joint venture.
