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California People and Company News, Week of Nov. 22, 2024
- Newmark has hired Vince Punzi and Lowell Takahashi as executive managing directors in the Irvine office. With nearly 40 years of experience as commercial real estate debt financing professionals, the two will focus on multifamily debt placement and structured finance. Punzi and Takahashi join Newmark from Berkadia, where since late 2019 they originated financing opportunities across Fannie Mae, Freddie Mac, FHA, debt funds, banks and life insurance company transactions.
- Kidder Mathews added Ken Reiff, SIOR as an EVP in Sacramento. Reiff brings more than 30 years of commercial real estate experience, specializing in distribution warehouse space and food processing facilities. At his prior firms, he served as managing director, a member of the industrial executive board, and led the national land advisory and the food and beverage advisory groups.
- Robert Besser has been promoted to commercial leader and is responsible for leading a team serving the Southern California market at KeyBank. Besser has more than 25 years of experience in commercial, corporate and investment banking in the region, reporting to Matt Hill, regional commercial leader for California, Washington and Alaska. Reporting to Besser are four recent additions to Key Commercial Bank, including senior relationship managers Erica Elsasser and James Gibson, senior payments advisor Trevor Mates and associate Elizabeth Bui.
- Newport Beach-based Wood Investments Companies, Inc. has appointed Michael A. Rich, CPA, as the company’s new tax director. For nearly a decade, Rich has served as president and CEO of Rich & Company in Irvine, a full-service tax, accounting and business consulting firm.
- Alta Housing has received a $750,000 grant from the Silicon Valley Community Foundation to launch a Wellness Navigation Pilot Program, a two-year initiative designed to provide comprehensive wellness services to low-income residents in Palo Alto. The pilot program aims to support Alta residents by increasing access to health services and public or community-based benefits, helping them navigate complex systems to obtain essential resources.
- California State Parks’ Office of Historic Preservation will begin accepting applications for the State Historic Rehabilitation Tax Credit Program at 8 a.m. on Jan. 6, 2025. California property owners can apply for the credit to rehabilitate and maintain their historical buildings and qualified residences.
- ◦People
