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California People and Company News, Week of Sept. 20, 2024
- Santa Monica-based Worthe Real Estate Group, a leading real estate development and investment firm, announced today the appointment of Chris Graham as CIO, signaling a shift in the company’s capital sourcing. In the newly created role, Graham’s first priority will be to launch the company’s inaugural fund to opportunistically invest alongside Worthe Real Estate Group in acquiring, repositioning and redeveloping institutional quality and well-located West Coast commercial real estate. Graham previously served as managing director at Blackstone’s real estate group and oversaw the West Coast office for eight years.
- Colliers has added Andrew Eberhard to its Pleasanton office. As SVP, Eberhard will utilize his insight and skills to tap into the multifamily market in the greater Bay Area. Prior to joining Colliers, he held the role of Director of Acquisitions at Rutherford Investment Company, where he spearheaded multifamily and mobile home park acquisitions.
- Chay Lapin, president of Kay Properties & Investments, has been accepted into the Forbes Finance Council. CEO Dwight Kay said Lapin was thoroughly vetted and selected by a Forbes review committee based on his achievements in the DST investments space, the number of years of experience in the commercial real estate industry, and the contributions he has made on behalf of Delaware Statutory Trust investors across the country.
- Sandra Burga has joined Rider Levett Bucknall as the Los Angeles office lead. Burga brings extensive experience across various sectors, including retail, commercial, manufacturing, multifamily, hospitality, government and high-end residential projects.
- JLM Real Estate, a leading commercial real estate brokerage firm based in San Diego, has expanded into Orange County, launching a new office near the Irvine Spectrum Center at 101 Pacifica. The move marks a significant milestone in JLM’s continued growth and commitment to providing exceptional real estate services across Southern California.
- American Healthcare REIT, Inc., has commenced an underwritten public offering of 14,500,000 shares of its common stock. The company expects to grant the underwriters a 30-day option to purchase up to an additional 2,175,000 shares of common stock. BofA Securities, Morgan Stanley and KeyBanc Capital Markets are acting as the joint book-running managers of the offering.
- ◦People
