PTLA Real Estate has recently announced the promotion of Peter Wilson to CEO, marking the fourth leader in their 50-year history. With over 13 years at the Walnut Creek-based company and co-ownership since 2021, Wilson has played a crucial role in PTLA’s growth as a top multifamily investment and property management provider on the West Coast.
In Los Angeles, Kidder Mathews welcomes Bill Drewes as SVP specializing in valuation advisory services. Prior to joining Kidder Mathews, Drewes held leadership positions at Colliers for nearly ten years and CBRE for five years.
The California Mortgage Bankers Association has appointed Tai Christensen as Chair of its Diversity, Equity & Inclusion Committee. Christensen brings her experience from being President of national affordable housing program Arrive Home while sharing this role with Vice-Chair Stephanie Whittenberg.
GoDocs , based in Irvine and known for its commercial lending document automation platform, announces Adam Craig as their new CEO . Craig previously served as president at Segmint before it was acquired by Alkami in 2022.
BridgeCore Capital Inc., headquartered in Beverly Hills completed its first financing under their Middle Market Loan Program which launched last fall offering an alternative to traditional life company financing options. The borrower received $12.8 million through BridgeCore’s program allowing them to refinance a maturing bank loan on an industrial property located Henderson CO with cash-out proceeds available up to 64% LTV .
Realty Income Corporation also made headlines announcing pricing details for two public offerings totaling $1.25 billion senior unsecured notes due February 15thof both this year (4/750%)and next (5/125%). These notes have an average tenor of approximately eight-and-a-half-years with semi-annual yields averaging just over five percent combined between them .
VF Developments LLC is proud announce that after completing major renovations they have successfully leased up 920 Everett, a modern-style multifamily property located in the Victor Heights neighborhood of Los Angeles. This minority- and female-owned and run company is excited to see their hard work pay off.
iTrip has launched its newest franchise destination in Palm Springs under the ownership and management of Bryan Fisher. iTrip Palm Springs will provide services to short-term rental property owners and guests throughout Coachella Valley.
