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New York & Tri-State  + Finance  | 

New York People and Company News, Week of Oct. 16, 2026

  • LaSalle Investment Management has appointed Marcus Day as head of LaSalle Global Solutions, the firm’s $10-billion private indirect investment platform. Based in New York, Day will take over leadership of LaSalle Global Solutions on Jan. 1, 2027 and join the firm’s Global Management Committee.  
  • RCLCO Fund Advisors (RFA) has added Shawn Veldhouse as managing director, working largely on client relationship management initiatives and business development. Veldhouse will be based in the company’s New York City office. Before joining RFA, he served as Deputy Director of Real Estate Investments at the New York State Common Retirement Fund (CRF), where he deployed capital for CRF’s discretionary investment programs. 
  • Matthews has appointed Jimi Li as Chief Product & Technology Officer. Based in New York, he will lead Matthews’ technology development strategy and oversee its centralized IT, product, and engineering divisions, uniting product development, software engineering, data scientists, analytics, and AI under a centralized technology organization. 
  • Eastern Union, one of America’s largest commercial real estate finance firms, has hired Jake McMahon as associate director. He will be the newest addition to the Blau-Pfeifer Team, led by senior managing director Motti Blau and managing director Mendy Pfeifer. McMahon brings years of experience in commercial real estate finance, with a primary focus on multifamily and mixed-use transactions.  
  • Stonehenge NYC has promoted Adam Grushko to president. In this role, Grushko will oversee Stonehenge NYC’s operations across 30 buildings containing four million-plus square feet, including more than 3,700 apartments, 5,000 tenants, 300,000 square feet of commercial, retail, and garages. 
  • StayTerra, a platform of premier vacation rental brands, has made two senior leadership appointments. Brandy Canaley has been promoted to VP of Operational Excellence.She previously served as Head of Operational Strategy. In addition, Beth Hushen has joined as Vice President of Marketing.  
  • Pacaso, a co-ownership company for second homes, has appointed Laura Vestal as VP of Marketing and Myles Phillips as VP of Acquisitions and Capital Markets. Vestal joins Pacaso from DOOR (formerly Latch), where she led marketing through the company’s rebrand and product launches. Phillips brings more than 12 years of institutional real estate experience, including roles at UBS, GI Partners and Tishman Speyer, where he worked on capital markets and acquisitions initiatives, including the refinancing of Rockefeller Center.  
  • CarbonAI, an agentic AI platform for commercial real estate lending, announced $12 million in funding. The funding round was led by Cowboy Ventures, with participation from Timber Grove Ventures, Bling Capital, and Max Ventures. 
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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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