Sean Sears has joined Kidder Mathews as a vice president in the San Fernando Valley, bringing over 12 years of brokerage experience and specializing in industrial properties in Greater Los Angeles. Prior to joining the firm, he was with Peak Commercial.
To date, Sears has brokered nearly 100 sales and evaluated and underwritten 171 properties. He has sold over 313,000 square feet of existing property totaling $337 million in value and 1.75 million buildable square feet for clients such as Rexford Industries, Kids from the Valley, Mid Valley Properties,Moriarty and Sons,and Dov Hertz.
BRC Imagination Arts (BRC), a global experiential planningand design firm announced that Carmel Lewis,a23-year company veteran,is now President.Previously Executive Vice Presidentand Executive Producer,Lewis hastouchednearly every function during her tenure at BRC.She hadresponsibilityfor creativeand design managementproduction,business affairs,and project development.
MILL VALLEY,Caif.–(BUSINESS WIRE)–Redwood Trust Inc.(NYSE:RWT; “Redwood” orthe“Company”)todayannouncedthe pricingofanunderwrittenpublicofferingof$60millionaggregateprincipalamountofits9.125% senior notesdue2029(the“Notes”).The offeringisexpectedtocloseonJanuary22nd , subjecttothesatisfactionofsuitableclosingconditions.RedwoodintendstoapplytolisttheNotesonNewYorkStockExchangeunderthesymbol “RWTN”.Ifapproved,tradingwillbeginwithin30daysafterissuance.TheNoteshavereceivedaninvestmentgraderatingfromEgan-Jones Ratings Company.Redwood intendstouseproceedsforthepurposeoffundinggeneralcorporateactivitiesincludingrepurchasingorpayingdownportionsof5.625%convertibleseniornotesdue2024,the5/75%exchangeableseniornotesdue2025issuedbyoneofitssubsidiaries,or7.75%convertibleseniornotesdue2027.FundingwillalsosupportRedwood’sresidentialandbusinesspurposelendingmortgagebankingbusinesses,acquiringmortgage-backedsecuritiesforinvestmentportfolio,andstrategicacquisitionsandinvestments.
LOS ANGELES–(BUSINESS WIRE)–Quest Relocation Group,a premier destination services firm,todayannouncedthatthecompanyfoundershavesoldthebusinesstoRobertBrezoskywhowillservethecompanyasOwnerandCEO.DianeChierichetti and Barbara Blakeco-founded Quest in 1994 and planto remaininvolvedin a consulting capacity.
MOUNTAIN VIEW,Caif.–(BUSINESSWIRE) –Knightscope Inc.[Nasdaq:KSCP](“Knightscope” or the “Company”),aleadingdeveloperofautonomoussecurityrobots (“ASRs”)andbluelightemergencycommunicationsystems,todayannouncesanew5-robotcontractwithafullservicerealestatedevelopmentfirminNewYorkforitsnewestfifthgenerationK5.Thecontractincludes Knightscope+,theremotemonitoringserviceusedtomangeASR-generateddetectionsandalerts.Separately,Knightscopetodayannouncesthesuccessfuldeploymentofan ASR atasecondlocationforthreehealthcareclients.Knightscopenewest,fifthgeneration K5isnowpatrollingOregonmedicalcenter24/7/365.Thisnonprofit,six-hospitalhealthsystemalsoincludesthreeprovidingfull-servicechildren’shospital,24-hourmentalbehavioralheathservicescenters,andmorethan70primarycare,specialtyurgent careclinics14employees,nearly3providers
SAN FRANCISCO-(BusinessWire)-Sixth Street,a leading global investmentfirmwithover$75billioninassetsundermanagement,todayannouncedtheexpansionofitsSixthStreetRealEstateplatformwiththeadditionofMarcosAlvaradoasPartnerandHeadofU.S.RealEstate.He willbeginhisnewroleonFebruary1st.
Sixth Street Real Estate is a global investment platform focused on acquiring properties and providing financing solutions across all real estate sectors, including residential, hospitality, office, industrial,and retail.
“Our team at Sixth Street has been investing in real estate for over two decades. We understand that the current market environment requires patient capital and a diversified set of capabilities. We are pleased to add an experienced investor like Marcos to our team as we expand our platform and build on the full suite of capital solutions we offer,” said Julian Salisbury,C0-Chief InvestmentOfficerat SixtStreet
“Investing in global realestatethemesacrossmarketcycleshasbeenoneofhallmarksofourfirm since inception.HavingknownMarcosalongtimefromsharedpastinvestments,wegladtobeteamedupagainasheweincreasesourfocusoffering scaledsolutionspropertyownersnavigatingchangingsecular trendsandavolatileinterestrateenvironment”saidMichaelMuscolinoCo-Founder& Partnerat Sixth Street
AlvaradojoinsSixthStreetfromSafeholdInc.anditspredecessor iStarwhereheservedasPresident&ChiefInvestmentOfficer.Inthatrole,hewasresponsibleforscalingSafehold’sgroundleasebusinessandoberseeinginvestmentacrossiStar’s$6billioninvestmentportfolio.Previouslyhe wasHeadAcquisitionsBusinessOperationsforCadre,a technology-enabledreal estate investmentplatform.BeforethatwasManagingDirectorat StarwoodCapital.
CBRE announcedStevenChon&Sofi Choi have joined its San Joseofficeadvisingcompanies throughoutSiliconValleyAsiaPacificonthetransactionportfoliomanagementleasessalesnegotiationspropertydispositionstrategicplanning.Mr.ChonjoinsExecutiveVicePresidentMs.ChoijoinsSeniorVicePresident.
Mr.Chon&Ms.Choi bringover40yearsofcombinedexperienceintheR&Dindustrialsector,representingseveraldivisionsofSamsungGroup,HyundaiMotorGroup,SKhynixandglobaltier1supplierswithinthesemiconductor automotivecontractmanufacturingindustries.
