**California People and Company News – Week of May 30, 2025**
– **David Bellew** has been elected to the Argentum Board of Directors. Bellew, Senior Director of Client Services at Yardi, took his seat at the May 20 board meeting. Argentum is the leading national trade association for companies involved in professionally managed senior living communities. Yardi, a sponsor for more than 20 years, has now become an Argentum Platinum Partner.
– **Eleni Christianson** has joined NAI Capital Commercial as a Senior Vice President in the Ontario office. She will focus on the Inland Empire region, specializing in industrial and land sales. Christianson enters the firm with a strong track record, having closed seven industrial land transactions within her first year of earning her real estate license.
– **Karthik Kumar**, founder of LendArch, has joined the advisory board of FundingShield. Kumar is a respected leader in the mortgage lending and fintech space, recognized for his expertise in digital transformation and loan process optimization.
– **1031 CF Properties**, based in Irvine and a leader in senior housing investments, has fully paid all accrued interest to investors in its 1031CF Bridge Fund III offering as of April 30. The payment includes a catch-up of the 8% preferred return, resulting in a double distribution for the month and delivering on the quoted 15% annualized yield.
– **Arixa Capital**, a Los Angeles-based real estate lender, is expanding its loan origination team in key markets, including Arizona, Colorado, Minnesota, and Texas. As banks scale back on construction lending, Arixa seeks to fill the financing void for developers and builders responding to strong housing demand.
– **Genesis Bank**, headquartered in Orange County, has received regulatory and shareholder approvals to acquire Excel Bank (a tradename of EH National Bank). The acquisition, originally announced on February 13, 2025, is expected to be finalized in mid-June.
– **Buchanan Street Partners**, a real estate investment management firm based in Newport Beach, is hiring a Vice President of Originations, Structured Finance. The role involves originating and underwriting bridge and construction loans ranging from $10 million to $60 million across asset types such as multifamily, industrial, retail, office, and self-storage in the Western United States. The search is being led by RETS Associates. Interested candidates can direct inquiries and resumes to hanley@retsusa.com.
Stay tuned for more updates in California’s commercial real estate industry.
