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California People and Company News, Week of June 27, 2025
- JP LeVeque has joined Cushman & Wakefield as executive vice chair, expanding the firm’s EDSF services throughout the West Region. Based in San Francisco, LeVeque will lead the origination and execution of institutional equity and debt placements across all asset types and capital structures.
- Kevin Nolen and Jason Kimmel have joined CBRE’s San Diego office to lead land investment sales in Southern California. Nolen and Kimmell, who join CBRE Capital Markets as SVPs from Cushman & Wakefield, have completed more than $2 billion in sales.
- CBRE also announced that Kim Follett has been promoted to managing director, where she will be the market leader of CBRE’s Sacramento, Roseville, Reno and Central Valley offices. Follett will replace David Brennan, who will assume a new role as Managing Director of Industrial and Logistics in Northern California.
- JLL has hired Mario Ochoa as executive managing director of its Advanced Manufacturing Group, a specialized branch of the firm’s growing Industrials division. With more than 25 years of global experience, Ochoa will drive integrated, specialized real estate solutions to occupiers, developers and investors across the manufacturing sector.
- Bryan Russell has been appointed as director, acquisitions at Sagard Real Estate, where he will be leading acquisition efforts across the Southwest, with a focus on industrial, multifamily, and retail investment opportunities in Southern California and Phoenix. With more than a decade of experience across real estate private equity, institutional real estate and banking. Russell most recently was a director at TA Realty, managing a portfolio of assets across multiple product types.
- LightBox, a platform providing location intelligence for the commercial real estate, lending and infrastructure industries, has acquired UrbanFootprint, a pioneer in geospatial analytics and scenario-based modeling for infrastructure investment, climate risk, and community resilience. The acquisition expands LightBox’s data portfolio with UrbanFootprint’s nationally modeled layers.
- Irvine-based New Home Co. has completed its acquisition of Landsea Homes. The combined homebuilder company will be led by Matthew Zaist, current president and CEO of New Home.
- Five Point Holdings, LLC, an owner and developer of large mixed-use planned communities in California, has agreed to acquire a controlling interest in a newly formed entity that will include substantially all of the business and operations of Hearthstone, Inc., a provider of capital solutions to the U.S. homebuilding industry. The Hearthstone venture will continue to be led by its existing management team.
- Tryperion Holdings, a commercial real estate investment firm focused on equity and credit opportunities within the U.S. middle market, has reached the final closing of Tryperion RE Fund IV with $163 million in total capital commitments. TREF IV significantly exceeds the $67 million deployed in Tryperion’s prior fund.
- Executive search firm RETS Associates has been retained by our client to find a qualified Asset Manager in Beverly Hills, CA to oversee the day-to-day management of the company’s real estate holdings. Our client is a private real estate firm that acquires, develops and manages a wide range of properties throughout the nation. The portfolio consists primarily of office, retail, industrial, and multifamily properties throughout Southern California and certain other markets. We are looking for a candidate with experience managing all aspects of a property during its life cycle, including leasing, financing, and dispositions with at least 5 years of relevant experience. Please direct inquires and resumes to Andrew Reising at [email protected].
- ◦People
