**California People and Company News — Week of June 27, 2025**
– **Cushman & Wakefield** has announced the addition of JP LeVeque as Executive Vice Chair. Based in San Francisco, LeVeque will focus on expanding the firm’s Equity, Debt & Structured Finance (EDSF) services across the West Region. He will lead the origination and execution of institutional equity and debt placements across all asset types and capital structures.
– **CBRE** has welcomed Kevin Nolen and Jason Kimmel to its San Diego office. The duo, joining from Cushman & Wakefield, will co-lead land investment sales in Southern California as Senior Vice Presidents within CBRE Capital Markets. Together, they have completed over $2 billion in sales transactions.
– **Kim Follett** has been promoted to Managing Director at CBRE. She will oversee the firm’s operations in Sacramento, Roseville, Reno, and the Central Valley, stepping into the role held by David Brennan, who has assumed a new position as Managing Director of Industrial and Logistics in Northern California.
– **JLL** has appointed Mario Ochoa as Executive Managing Director of its Advanced Manufacturing Group. Ochoa brings more than 25 years of global industrial experience and will spearhead integrated real estate solutions for occupiers, developers, and investors across the manufacturing sector.
– **Bryan Russell** has joined **Sagard Real Estate** as Director of Acquisitions. He will lead acquisition efforts across the Southwest U.S., focusing on industrial, multifamily, and retail sectors in Southern California and Phoenix. Russell was formerly a Director at TA Realty, managing a multi-asset portfolio.
– **LightBox**, a commercial real estate data and location intelligence platform, has acquired **UrbanFootprint**, a leader in geospatial analytics and scenario-based modeling. The acquisition strengthens LightBox’s data capabilities by integrating nationally modeled analytics layers related to infrastructure investment, climate risk, and community resilience.
– **New Home Co.**, headquartered in Irvine, has completed its acquisition of **Landsea Homes**. The combined company will be led by Matthew Zaist, current President and CEO of New Home.
– **Five Point Holdings, LLC**, a prominent developer of large mixed-use planned communities in California, has entered a definitive agreement to acquire a controlling interest in a new venture that will include the core operations of **Hearthstone, Inc.** The venture will be managed by Hearthstone’s current leadership team and will continue providing capital solutions to the U.S. homebuilding industry.
– **Tryperion Holdings**, a commercial real estate investment firm, has closed its latest fund, **Tryperion RE Fund IV (TREF IV)**, with $163 million in total commitments. This marks a substantial increase from the $67 million deployed in its previous fund.
– Executive search firm **RETS Associates** is actively recruiting an Asset Manager for a private real estate firm based in Beverly Hills, CA. The company’s diverse national portfolio includes office, retail, industrial, and multifamily properties, mainly throughout Southern California. The role requires at least five years of experience in leasing, financing, and asset management. Inquiries may be directed to Andrew Reising at andrew@retsusa.com.
This summary highlights key personnel moves, acquisitions, and strategic developments impacting California’s CRE landscape during the week of June 27, 2025.
