Ruth Hoang Named as One of 10 Women to Watch in Multifamily
Excerpt from the original article by Leah Draffen, Donna Kimura, & Christin Serlin
With a personal mentoring mantra of “build and uplift extraordinary people and places,” it’s clear that Ruth U. Hoang is passionate not only about the buildings she helps develop, but the team behind them as well as those who dwell inside. As senior vice president of development at Jair Lynch Real Estate Partners, she oversees sponsored real estate investment projects from planning to construction completion. Hoang began her career in real estate at a consulting business in 1998. It was then that she realized the endless possibilities of the industry.
She says, “I fell in love with real estate when I realized that the buildings I had been consulting on, like affordable senior apartment communities, could positively change the lives of those living in them. As my career evolved and I shifted into development, I began to understand that I was not just developing buildings, rather I was developing and impacting the surrounding communities, the environment, and the people who called those buildings home. Whether our focus was on the stormwater management we installed, the demolition of dilapidated buildings being replaced by brand-new homes and stores, or the curbside appeal that made residents feel at home once they arrived at their door, I understood the gravity my career had on the communities around me, and that understanding led to the deep passion I have for it today.”
With placemaking for residents at the heart of what Hoang does, she is purposeful in her planning and execution of functional, comfortable, and energy-efficient spaces. Currently, Hoang is excited about the opportunities the firm’s Barcroft Apartments acquisition brings. “It’s a 60-acre community in the heart of Arlington County, just a few miles from downtown D.C. and the Pentagon, with a vision of preserving and enhancing the existing affordable apartment homes while redeveloping components of the property into a modern mixed-use community,” Hoang says.
She is excited for the opportunity to engage with residents whether through Jair Lynch’s resident services programming or the renovated and new attainable apartment homes. While backed by a trusted and talented team, Hoang credits her success to her husband and two children as well. “Creating and maintaining work-life harmony is a hard task but one I continue to work on, because I love both the wife and mother I am but also the passionate developer I’ve become. I learn every day from each of the roles and hope that I’m continuously changing and shaping myself into a better person.”