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California People and Company News for August 11, 2023

  • Nuveen Green Capital hired Cory Jubran as senior director, originations for the West Coast. Jubran will leverage his 10 years of CRE lending experience to further expand upon the firm’s foothold in the market and bring C-PACE’s low-cost, long term, fixed-rate financing to property owners and developers in the region. He brings lending experience most recently from Bank OZK, as well as CIT and Arab Jordan Investment Bank. 
  • HOK has appointed Amine Khemakhem as a principal and firmwide director of its global Healthcare practice. Khemakhem is based in Los Angeles. He brings more than 20 years’ professional experience in leading large-scale healthcare projects in the U.S. and abroad. He joins Paul Strohm, Scott Rawlings and Thomas Quigley as directors of HOK’s firmwide Healthcare group.  
  • The True Life Companies, a real estate investment firm focused on repurposing underutilized property to create new attainable housing options, has added two senior professionals to its wholesale operation, The True Life Capital Group. Matt Peoples will serve as SVP of national accounts for The True Life Capital Group. Kevin Helwig has joined the San Francisco-based firm as managing director, West region.
  • Revizto, an Integrated collaboration platform to streamline and centralize project workflows and communication, reached a new three-year enterprise agreement with XL Construction, also based in San Francisco. The construction firm recently completed a 10-month pilot with the Revizto platform to enhance cross-team collaboration among all disciplines. 
  • Green Street, the Newport Beach-based provider of commercial real estate intelligence and analytics, has released new Senior Housing market data and analytics for the top 50 U.S. markets. The U.S. Market Analytics suite now provides research and data on seven key property sectors:  Apartment, Industrial, Office, Self-Storage, Single-Family Rental, Strip Centers, and Senior Housing.  
  • LTC Properties Inc., a Westlake Village-based REIT that invests in seniors housing and healthcare properties, has re-leased 10 of the 35 properties in its Brookdale Senior Living portfolio to Brookdale under a new master lease. This new master lease includes six properties in Colorado and four in Kansas. The six-year master lease will commence on Jan. 1, 2024.  
  • Matterport, Inc., the spatial data company based in Sunnyvale, released financial results for the quarter ended June 30. Total subscribers increased to 827,000, up 34% year-over-year. Spaces under management increased to 10.5 million, up 31% year-over-year. The company had total revenue of $39.6 million, up 39% Y-O-Y, and subscription revenue of $20.9 million, up 13% Y-O-Y. 

Inside The Story

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-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 15-20 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 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).

  • ◦People