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California People and Company News, Week of Oct. 25, 2024
- Rexford Industrial Realty, Inc. appointed Michael Fitzmaurice as CFO and promoted current CFO Laura Clark to COO. Both appointments are effective Nov. 18. A 25-year veteran of public REITs, Fitzmaurice most recently served as EVP, CFO of RPT Realty, where he joined in 2018, and was instrumental in the successful merger with Kimco Realty in January 2024.
- JLL’s Hotels & Hospitality Group announced that Matt Riley has re-joined JLL as senior director, specializing in hotel investment sales and advisory. Based in the Los Angeles office, Riley will work closely with JLL’s Tony Muscio, who leads the hotel investment sales and advisory efforts for the Western region. He has more than $2 billion in hotel investment sale and debt placement transaction experience throughout the U.S. to his credit.
- Cityview has promoted Damian Gancman to CIO. In his expanded role, Gancman will oversee the operations of Cityview and its investments, focusing on unifying its investment and asset management strategy and supporting Cityview’s growth as it pursues strategic acquisition, entitlement and development opportunities during an extremely active time for the firm.
- DAHLIN Architecture | Planning | Interiors has bolstered its fast-growing education sector with the recent appointment of senior director – education Karla Alonzo De Leon to its Irvine office. De Leon comes to DAHLIN with more than two decades of experience as a leader, facilitator, and synthesizer of new construction and modernization, working with clients, school districts and agencies to approve and deliver projects throughout Southern California and beyond.
- Mary Cheeks, president and general manager of Jamul Casino, received the Excellence in Advocacy Award at the 2024 Freedom Fund Dinner on Oct. 19. The NAACP San Diego Branch recognized Cheeks along with other community members for their ongoing engagement with their communities.
- The Los Angeles Business Council announced the winners of its 54th Architectural Awards, celebrating designs that preserve and advance the city’s legacy as a creative capital and foster vibrant, inclusive community life. Some four dozen innovative projects were recognized, with the Grand Prize going to the Netflix Egyptian Theatre, the Economic Community Impact Award going to companies that are building and modernizing sound stages, and the Chairman’s Award going to new parks across the county.
- AppFolio unveiled FolioSpace, which will enable AppFolio’s 20,000 property management customers to create a unified and elevated experience for the millions of residents they serve, from application through renewal. To accelerate its resident vision, AppFolio acquired all of the outstanding shares of LiveEasy, a concierge platform providing moving and home services.
- ExchangeRight announced that the Net Asset Value of the Essential Income REIT has increased for three consecutive quarters, reaching $27.29 per share based in part on an independent real estate valuation of the REIT’s real estate by KPMG combined with its other assets and liabilities as of Sept. 30, 2024. The Essential Income REIT’s portfolio includes 353 properties net-leased to 37 primarily investment-grade tenants operating in the necessity-based retail and healthcare industries and diversified across 34 states.
- ◦People
