The True Life Companies Names CFO of Elite Fund III LLC

The True Life Companies, a real estate investment firm focused on repurposing underutilized property to create new attainable housing options in high-need U.S. markets, announced that Chad Scherer has been promoted to senior vice president, finance & accounting.

Additionally, Scherer was named chief financial officer and treasurer of The True Life Companies Elite Fund III LLC, a $50 million Reg. D 506(c) private placement fund launched in August.

“We are pleased to recognize Chad’s efforts,” said Scott Clark, chief executive officer of The True Life Companies. “His strategic insights and commitment to financial excellence help ensure that we maintain the highest standards in these crucial areas.”

Scherer’s experience spans more than 25 years, including working for both Deloitte & Touche and First Data Corporation. While he was with the latter, he was responsible for SEC reporting functions, quarterly financial reports and presentations, investor relations presentations, and fielding analyst and investor inquiries. More recently, Scherer served as vice president, chief accounting officer and corporate controller with MWH Global Inc., an engineering and construction services firm where he managed a team of over 220 finance and accounting professionals across 10 countries.

The True Life Companies focuses on repurposing underutilized property to create new housing options in high-need U.S. markets. The firm is headquartered in Denver with offices in San Ramon, Folsom and Irvine, California.

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