JLL has appointed Kristen Vosmaer as Managing Director for its expanding Data Center Work Dynamics business in Sonoma. In this role, Vosmaer will be responsible for driving data center growth initiatives, cultivating strong relationships and guiding high-performing teams. He joins JLL from GLP, a leading global logistics real estate company where he served as VP of Global Operations.
Sean Jordan has been promoted to President at The Cooperative LA, an owner’s representation and construction management firm. As a partner at the firm, Jordan brings extensive experience including ten years with general contractor MATT Construction and leadership roles at film studio developer/operator Quixote Studios.
Doug Farber has joined San Francisco-based Deol Data’s advisory board. With over three decades of experience in the security industry, Farber will provide guidance on navigating regulatory complexities and driving impact in security technology while fostering relationships between government agencies and private sectors to uphold top standards of compliance.
George Kutnerian , CEO of Fresno-based Wellpointe Inc., is advocating for Assembly Bill 1993 which aims to increase the maximum capacity of Residential Care Facilities for the Elderly (RCFEs) in California from six to ten residents while still being considered residential use under local zoning laws. This legislation addresses growing demand among California’s aging population for housing options with care services.
ExchangeRight , one of the nation’s leading providers offering diversified real estate DST (Delaware Statutory Trust) investments along with REITs (Real Estate Investment Trust), announced full subscription status on their $18.73 million Value-Add Portfolio 3 DST offering . The portfolio consists mainly outparcel retail tenants shadow-anchored by long-term net-leased grocery stores or national retailers across seven states featuring eight shopping centers totaling more than 43 unique tenants .
Rexford Industrial Realty Inc., based out Los Angeles released its annual Environmental Social Governance Impact Report showcasing significant value generated through ESGi approach. This includes environmental value by preventing 40,456 tons of carbon emissions through recycling dysfunctional infill buildings and implementing green building strategies; societal value by creating over $1.4 billion in positive impact; and governance value through strong policies and practices.
Community Planning Collaborative (CPC) , a leader in housing policy and ADU resources, will be launching its ADU Plans Gallery across California this summer to help accelerate the development of Accessory Dwelling Units (ADUs). The platform will assist local governments with meeting state laws while also helping residents find plans, connect with designers, save time and money on their projects.
The Long Beach Economic Partnership has announced that the 2024 Select LA Investment Summit will take place on June 20th at the Hyatt Regency Long Beach. This marks a significant milestone for Long Beach as it is traditionally held in Los Angeles but now recognizes the city’s growing prominence within Southern California.
