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Pretium, a specialized investment firm with over $55 billion in assets under management, has added two new managing directors – Brendan Bosman and Karen Kulvin – as part of their Real Estate Debt strategy. Bosman previously worked at Värde Partners where he closed transactions worth more than $8 billion and served as Senior Managing Director and head of US housing investing. Kulvin joins from Kayne Anderson Real Estate where she was a Senior Managing Director and co-head of the Real Estate Debt platform.
Marcus & Millichap Capital Corporation (MMCC) has hired Mark Litwack as managing director for their Saddle Brook, NJ office. With 12 years of experience in commercial real estate, Litwack will provide advice on various property types including multifamily, retail, hospitality,self-storage,and office/industrial properties.He joins MMCC from Meridian Capital where he worked as a loan originator.
CenterPoint Properties has appointed Roy Rosenbaumas senior vice presidentof investments for its East Region markets.This includes locations such as New York/New Jersey,the Lehigh Valley/Philadelphia area,and cities in South Carolinaand Georgia.Rosenbaumwill be based outofthe firm’sSaddle Brook,NJoffice.CenterPoint is an industrial real estate investment,facilities development,and management companywith national reach.
The Northeast Region officesof The LiRo Groupand Hill International have merged into one entity called LiRo-Hill.The combined Syosset,NY-basedcompanyisnowoneofthelargestAEC firmsinthe regionwithover1 ,200industry experts.Theyofferawider rangeoftop-notchservicesfrommultiplelocations throughout the Northeasttotheirclients.Themergerprovidespartners with a wider breadth of expertise and guidance.
Kimco Realty, headquartered in Jericho,NY,has increased the amount of their unsecured term loan from $500 million to $550 million. They have also entered into an interest rate swap agreement that fixes the rate on the incremental term loan at 4.3175%. The amendment added one bank to their lending group.
Trestle,a New York City-based subcontractor and supplier data centralizationand performance management solution forthe construction industry, has secured$2.3millioninpre-seedfunding.The funding was led by Lerer Hippeau with additional participation from MetaProp,Laconia Capital,and other investors.This investment will help Trestle expand its services and reach more clients in the construction industry.