Weekly People & Company News for July 7

[ad_1]

Your source for daily news covering CRE transactions and trends. Stay informed on national, regional and property sector news that matters to your business.

Advertise, Promote, Attend, Create – Work with Connect.

A full service marketing and PR agency.

Meet the team behind the machine and taste a little of the secret sauce.

California CRE News In Your Inbox.

California
+ Los Angeles
+ Apartments
|

July 6, 2023

First American Financial Corporation, headquartered in Santa Ana, appointed Jody Mulkey as chief technology officer. He will oversee First American’s corporate product development team. Before joining First American, Mulkey served as chief technology officer at GoodRx, where he scaled the core business and launched new product lines.

Kiran Jain, Nadia Sager and Douglas Bibby have been elected to the Board of Directors of BRIDGE Housing, a nonprofit developer, owner and manager of affordable housing based in San Francisco. Jain is chief legal officer and corporate secretary of Replica, Inc., a mobility, demographic, economic and land use data platform. Sager is a partner at Latham and Watkins, representing top private fund sponsors and investors in forming, investing in, and operating leading domestic and international private funds. Bibby is the former president of the National Multifamily Housing Council, and prior to that spent 16 years as a senior officer of Fannie Mae.

EAH Housing, a nonprofit housing development and management organization headquartered in San Rafael, added Katherine Fleming and Karim Sultan to its executive leadership team. The two affordable housing veterans will serve as SVP of portfolio and VP of operations and corporate governance, respectively, and will help support EAH Housing as it works toward delivering more units over the next five years than over the past 25.

Joanne Verrips recently joined Tutor Perini Building Corp. (TPBC) as VP of preconstruction. She brings more than 17 years experience in both preconstruction and field operations. Verrips is a LEED Accredited Professional and ENR Top 20 under 40 awardee. Before joining Los Angeles-based TPBC, she served as VP of Webcor in California, overseeing preconstruction and estimating statewide.

San Francisco-based Guzman Construction Group hired Dan Amigone as director of healthcare and life sciences. He will oversee client development, preconstruction and construction operations. An industry veteran, former architect and licensed general contractor, Amigone has specialized in the delivery of complex projects for healthcare providers across the Bay Area. He is an expert in OSHPD delivery and understands the complexities that surround planning work within occupied healthcare facilities.

BLACE, a female-founded space and vendor booking platform, is expanding its platform from New York City to Los Angeles and has partnered with Century Park to exclusively list The Pavilion, a versatile indoor/outdoor event space located in Century City, for event booking. Formerly the Annenberg Space for Photography, The Pavilion is a 15,000-square-foot space suitable for gala dinners, networking events, film/TV/photo shoots and brand activations.

ExchangeRight, a provider of diversified real estate DST and REIT investments headquartered in Pasadena, said the ExchangeRight Essential Income REIT has become a publicly reporting company as of June 26. This expands the REIT’s capacity to serve additional investors along with their registered representatives and advisors. The REIT’s public reporting will include quarterly 10-Q reports, annual 10-K reports, and periodic 8-K reports among others, and supports the execution of the offering’s aggregation strategy on behalf of its investors.

California-based law boutique Sklar Kirsh LLP has been recognized by the Los Angeles Times as a “Top Law Firm” in Los Angeles County and the firm’s real estate practice has been ranked in the top 25. “We are proud to be recognized among the most successful law firms in Los Angeles,” said co-chairman Jeffrey Sklar. “This recognition is a testament to our unwavering dedication to our clients and our outstanding team.”

Infrastructure solutions provider Granite, based in Watsonville, has been awarded an approximately $48-million contract by the U.S. Army Corps of Engineers (USACE) to mitigate flood risk and damage in Wharton, TX. The city of Wharton has significant existing and historical flooding issues from the Colorado River, Caney Creek, Baughman Slough, and Peach Creek. Granite’s work will include the construction of four strategically located levee reaches, five interior gravity sump areas, storm sewer relief systems, slope repair activities along the Colorado River, and miscellaneous paving improvements.

San Clemente-based CareTrust REIT recently closed two separate transactions on the West Coast with an aggregate initial investment amount of approximately $45.2 million. The investments include the acquisition of a skilled nursing facility and the funding of a mortgage loan secured by a California skilled nursing, assisted living, and independent living campus.

ManageCasa, a property management software provider for rental property managers, community associations and homeowner associations, has made the largest software release in its history. Notable enhancements from the San Francisco-based provider include improved in-app navigation, a modern dashboard for quicker insights and real-time data, and better integration with financials, resident communication, maintenance and other management processes.

Clark Construction recently hosted community and business leaders at an open house to celebrate the grand opening of its new office in Los Angeles. Clark’s history in Los Angeles dates back to the 1980s, with the Ronald Reagan State Office Building. Since then, Clark has delivered more than 100 projects locally including LA LIVE and Nokia Theater; US Courthouse, Los Angeles; and historic renovations of Los Angeles City Hall and Hall of Justice. With the opening of this new location, Clark now operates four offices in California, including Irvine, San Diego and San Francisco.

Inside The Story

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

[ad_2]

Source link