California People and Company News for April 26, 2024

• TruAmerica Multifamily expanded its leadership team, adding Stefan Long as director of fund accounting. Long brings 14 years of experience in accounting and commercial real estate. Most recently, he was a fund controller at Bridge Investment Group.  

• Colliers | U.S. appointed Bryan Courson as executive managing director and brokerage market leader of its Silicon Valley and San Francisco Peninsula operations. In his new role, Courson will oversee all brokerage operations, business development, talent recruitment and retention in Silicon Valley and the San Francisco Peninsula. With decades of experience, Courson most recently was an executive managing director at Newmark in the Bay Area. 

• Panattoni Development Company promoted Abbie Wertheim to senior development manager. Wertheim has served Panattoni as a development manager in Northern California since 2020. Before joining Panattoni, she was an industrial broker working with occupiers and owners on leasing and sales. 

• California law firm Sklar Kirsh LLP  said co-founding partner and chair of the real estate department Andrew Kirsh has been recognized by Los Angeles Business Journal as one of the “Top 100 Lawyers of Los Angeles for 2024.” The award honors attorneys who “have demonstrated exceptional legal skill and achievements across the full spectrum of responsibility, exemplary leadership and contribution to the Los Angeles community at large,” according to the Business Journal’s publisher. Kirsh’s recent accolades include his inclusion on the 2024 Southern California Super Lawyers list and recognition among Commercial Real Estate “Visionaries” by the Los Angeles Times in 2023. 

• Pasadena-based ExchangeRight, among the nation’s leading providers of diversified real estate DST and REIT investments, has fully subscribed its Net-Leased Portfolio 64 DST, an $89.2-million offering featuring 444,457 square feet of necessity-based retail tenants. The portfolio is structured to provide monthly distributions with a current annualized rate of 5.00%. The offering’s portfolio contains 15 properties diversified across 14 markets, 12 states and six historically recession-resilient tenants, including FedEx, Tractor Supply, Hobby Lobby, Dollar General, Family Dollar/Dollar Tree combo store, and Dollar General Plus. 

• Entrata, an AI-enabled multifamily industry operating system, formed a partnership with Catalyst Housing Group to further its mission to support and empower organizations across the housing spectrum. Using Entrata Layered Intelligence, an AI and machine learning layer that sits on top of the Entrata operating system for integration into daily workflows, Catalyst can drive increased efficiency across its assets under management in San Jose, Santa Rosa and Livermore.

Be there in person for the 8th Annual Connect Los Angeles 2024, May 1 at the Intercontinental Los Angeles Downtown. Industry leading experts will share insights and forecasts on today’s CRE markets.