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California People and Company News, Week of May 9, 2025
- Newmark has added Bay Area market veteran Adam Berry to its Western U.S. multifamily investment sales business as a vice chairman. Based in San Francisco, Berry has extensive experience in the multifamily industry. In his 20 years with California-based Essex Property Trust, the company’s market capitalization grew from approximately $1.5 billion to more than $15 billion.
- Institutional Property Advisors (IPA), a specialized division of Marcus & Millichap serving the company’s institutional clients, announced that Rob LeDoux has joined IPA as a senior director in Palo Alto. Previously a director at Walker & Dunlop, LeDoux joins IPA with 15 years of commercial real estate industry experience serving institutional investors throughout Northern California. Over the course of his career, he has been involved in transacting over 15,000 units totaling more than $4 billion in sales volume.
- Industry veteran Todd Tydlaska has joined Colliers’ office capital markets practice in Los Angeles and will focus on investment sales across the Western U.S. Tydlaska joins Colliers as an EVP from CBRE and specializes in the sale, recapitalization and financing of investment properties.
- Colliers also recently announced that Laci Jackson Ravina has joined as VP in San Francisco. A retail leasing expert with 17 years of experience and nearly two million square feet in closed transactions across major U.S. markets, Ravina most recently served as first VP of the Western Region at CIM Group, where she oversaw leasing strategy for a three-million square foot portfolio of urban, mixed-use, neighborhood retail and high-street assets.
- Meridian, a Walnut Creek-based real estate developer, investor and owner focused exclusively on healthcare, has appointed Steven M. Smith as CIO. Smith will lead the continued expansion of Meridian’s investment portfolio, with a focus on value-add opportunities and strategic growth initiatives.
- Project Management Advisors, Inc. (PMA), a national real estate advisory firm providing consulting services as the owner’s representative, promoted Adam Enright to VP and managing director of the San Diego office. He has been instrumental in growing PMA’s life sciences tenant representation offering in San Diego and most recently, expanding the firm’s presence in Phoenix.
- Runway Growth Capital LLC, a Menlo Park-based provider of growth loans to venture and non-venture-backed companies, promoted Avisha Khubani to managing director of portfolio analytics. In her expanded role, Khubani will continue to oversee the performance of Runway’s portfolio companies while enhancing Runway’s risk assessment and monitoring frameworks to ensure sustainable growth for its investments.
- Irvine-based KTGY, an award-winning design firm focused on architecture, interior design, branded environments and urban design, has appointed three new board members. Building on the appointment of Bill Ramsey in 2024, the board of directors will expand with the addition of three principals: Jessica Musick, Nathan Sciarra and Alan Scales. Each of these principals has served over 20 years with the firm.
- Beneficial State Bank, a mission-driven community bank serving California, Oregon, and Washington, has appointed Shamara “Sham” van der Voort as its new COO. Based in Santa Cruz, she brings nearly 30 years of banking experience, most recently serving as EVP and COO for West Coast Community Bank.
- Prophia, a platform of AI-powered lease abstraction and CRE data management, launched Prophia Abstract, delivering instant, AI-generated lease abstracts online. It is designed to meet the evolving needs of CRE professionals who require fast, accurate lease insights without the complexity of full-scale lease management.
- ◦People
