Sunstone Two Tree announces leadership transition
People - MAY 31, 2024

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Sunstone Two Tree announces leadership transition

by Denise Moose

Sunstone Two Tree, a developer and operator of rental housing communities in high-growth markets throughout the United States, announced that its co-founder and CEO John Maddux will transition to the role of executive chairman effective June 18, 2024. Sunstone Two Tree's current president, Scott Maddux, will assume the role of CEO, based at the company's Westlake Village, Calif., headquarters.

Maddux has served as president of Sunstone Two Tree since March 2023. He joined the company as a result of the merger between Sunstone Properties Trust and Two Tree Capital, the latter of which he co-founded to pursue the emerging build-to-rent market. Prior to founding Two Tree Capital, Maddux was senior vice president at Oaktree Capital in Los Angeles and also worked on the real estate teams at Blackstone and Goldman Sachs in New York City.

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