Erik Anderson has recently joined Newmark as their senior managing director. He specializes in multifamily investment sales for major private clients and middle-market investors in Southern California, and is currently based in the San Diego office. Prior to joining Newmark, Anderson held senior positions at Northmarq and CBRE where he consistently received recognition as a top producer.
Macerich has appointed Diana M. Laing to its board of directors for the second time, after previously serving from 2003 through 2022. With Laing’s addition, Macerich’s board now consists of eight directors with seven being independent.
Dunmor, a technology-forward lender that focuses on residential real estate investment loans, has made two key appointments to strengthen its operational team: Andy Thienkosol as COO and Melissa Perez as SVP of operations. Thienkosol brings extensive experience in business-purpose lending while Perez was formerly the director of operations at First Republic Bank.
Angeles Equity Partners LLC., a private investment firm specializing in niche manufacturing businesses among others, has hired Peter Kurto as an operating partner for Angeles Operations Group. Kurto brings over 20 years of P&L leadership experience within portfolio companies with expertise in driving transformation and performance improvement.
Tutor Perini Corporation announced today that Elevate Inglewood Partners – consisting of Plenary Americas US Holdings Inc., Tutor Perini Corporation (as lead contractor), Parsons Corporation (as lead designer), Woojin Industrial Systems Co., Ltd., Alternate Concepts Inc.- was selected by City Of Inglewood for their proposed project “Inglewood Transit Connector”. This project will involve designing , constructing , financing , operating & maintaining an automated people mover connecting Metro K Line & various employment centers such Sofi Stadium,Youtube Theater,Kia Forum etc along with housing & commercial destinations around them .
ExchangeRight is one nation’s leading providers offering diversified real estate DSTs(REIT investments) & has announced that the Essential Income REIT’s net asset value (NAV) has increased to $27.26 per share as of June 30,2024 based on an independent real estate valuation by KPMG combined with its other assets and liabilities . The Essential Income REIT currently holds a portfolio of 353 properties leased to primarily investment-grade tenants operating in necessity-based retail and healthcare industries across 34 states.
FirstService Residential continues to expand its property management services in California with the addition of several new communities including Baker Ranch Community Association in Lake Forest, Bickford Ranch Maintenance Association in Sacramento, and Riverwalk Area 10 in Riverside.
