Stockbridge, a leading real estate investment management firm, has announced the addition of Jon Thompson as Managing Director. In this role, Thompson will be responsible for spearheading capital raising efforts and overseeing marketing and product development for the company’s core and value advisors business. He brings with him a wealth of experience from his previous roles at top firms such as DWS Group, RREEF, Apollo, and Black Creek Group.
McCullough Landscape Architecture & Urban Design has expanded its presence in Los Angeles by welcoming associate landscape designer Kira Becker to their team. The San Diego-based firm also recently added Olivia Wax as junior associate, Bianca Zeto as project accountant,
Lindsey Bonjean as office administrator,and Haya Abboodias intern.
Los Angeles County is partnering with Weingart Center Association to transform a Baldwin Park hotel into 107 studio apartments for individuals experiencing or at risk of homelessness. This initiative is made possible through Homekey 3.0 grants from the State of California along with funding from Los Angeles County,City of Baldwin Park,L.A.Care Health Plan,and Health Net.
EAH Housing,a highly respected nonprofit organization specializing in affordable housing development and management,is one of the recipients selected to receive $7.5 million grant from Capital Magnet Fund (CMF). This program supports initiatives that provide affordable housing options for low-,very low-,and extremely low-income families.
The California Associationof Community Managers is launching a new Certification Program designed specificallyfor service providers withinthe industry.The program will award individuals who complete courseworkand meet other requirementswiththe designationCalifornia Certified Industry Partner (CCIP).
SmartStop Self Storage REIT Inc.has openeda state-of-the-art storage facilityin San Gabriel.This newly converted industrial property offers approximately78 ,000 square feetof space including790 units equippedwith drive-up access ,climate control,and video surveillance .
Anyplace,a short-term rental company cateringto remote workers,has successfully raised $10.27 million in its Series B funding round.This includes an equity raise of $8.27 million and a debt financing of $2 million from Silicon Valley Bank.The San Francisco-based company offers high-speed internet and efficient office setups for their accommodations.