Truman Tolefree

Truman Tolefree is the Founder and Managing Principal of Intersection and is responsible for overall investment strategy and asset management. Prior to forming Intersection, Truman was a Principal and the Director of Acquisitions and Dispositions for one of the nation’s largest private owner/operators of multifamily apartment communities where he was directly responsible for the acquisition and capitalization of approximately 10,200 apartment units totaling more than $1.2 billion in value.

Previously, Truman worked in the financial institutions group at UBS Investment Bank in New York City, and after that as a senior analyst in the real estate capital markets groups of LaSalle Bank and Prudential Financial in Chicago, Illinois. His experience includes development, acquisition, and disposition of real estate assets, and the procurement of project financing implemented via senior and mezzanine debt, private equity, and various federal, state, and municipal subsidies.

Truman is active in his community and serves on the boards of Golisano Children’s Hospital, Education Success Foundation, Venture Jobs Foundation, and Gamma Iota Boule Foundation. Truman also contributes his time as an adjunct professor at the University of Rochester Simon Graduate School of Business where he teaches graduate level Real Estate Finance. In 2016, Truman was a recipient of Rochester Business Journal’s Forty under 40 award.

Truman received a Bachelor of Business Administration degree in Finance, with honors, from Morehouse College, and an MBA from Cornell University’s Johnson Graduate School of Management with a concentration in Corporate Finance and a graduate minor in Real Estate Finance & Development from the Cornell School of Hotel Administration. Truman resides with his wife, Erin, and three children, Eric, Alex, and Claire in Rochester, New York.