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California People and Company News for the Week of May 3, 2024
- Gildred Companies has named Brook Logan COO. Logan has served as CFO since joining San Diego-based Gildred in 2022.
- Costa Mesa-based ChargeTronix, a global provider of electric vehicle charging infrastructure, appointed Stephen Israel as VP of operations and Christopher McNamara as EV fleet sales manager. Both roles begin immediately.
- Design firm Ware Malcomb has promoted Angela Ryan to principal, while Robert Park has rejoined the firm as director, architecture and Karla Middleton has been promoted to studio manager, architecture in the firm’s San Diego office. Park rejoins Ware Malcomb after four years as director of architecture for Ryan Companies, a U.S.-based industrial developer with projects nationwide.
- CenterCal Properties, an El Segundo-based full-service commercial real estate company serving the western U.S., released first quarter 2024 results indicating 94% occupancy across its mixed-use retail portfolio, compared to a 10.3% vacancy rate across the retail sector as a whole. The firm marked more than 15 new store openings at various properties across its five-state footprint during the quarter.
- Apartment List, an online rental marketplace, is providing its advanced GenAI leasing agent, Lea Pro, to property management partners at no cost. Launched in March, Lea Pro acts as a sales representative and communicates with prospective renters through phone, email, chat, and text to answer their questions, schedule tours and follow up on inquiries.
- Inhabitr, an AI-powered commercial real estate furnishing platform based in San Francisco, has secured $27 million in a Series B funding round led by Hamilton Ventures, alongside other influential commercial real estate owners and operators. The investment enables the company to significantly increase its revenue target by furnishing over 100,000 units by the end of 2025. Additionally, Inhabitr plans to utilize the funds to expand its presence into the Middle Eastern and UK markets.
- Realtex, Inc., a multifamily real estate investment company headquartered in San Francisco, launched its new seed fund aimed at capitalizing on midsized value-add multifamily opportunities in key growth markets across the U.S. The focus will be on acquiring and enhancing multifamily properties ranging from 20 to 50 units.
- California’s housing crisis took center stage in the state capital this week at a solutions discussion forum hosted by the Center for California Real Estate, an institute of the California Association of Realtors. The forum kicked off a three-day legislative and business conference for the Association with members from across the state in town to meet their local legislative representatives and convene around Association matters.
- ◦People
