High-rise commercial buildings

Sub Markets

Property Sectors

Topics

California CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New call-to-action
California  + Bay Area  + Finance  | 

California People and Company News for Oct. 27, 2023

  • General contractor Swinerton promoted Jennifer Lauritzen to VP and division manager of Swinerton’s Silicon Valley Division. With a career spanning over two decades, Lauritzen brings a wealth of experience and a commitment to propelling Swinerton’s growth and success in Silicon Valley. She joined Swinerton in 2005.  
  • Phil Donnici, a private banking professional with 14 years of experience, has joined Mechanics Bank as managing director in San Francisco. He specializes in serving entrepreneurial and established clients in many industries including legal, financial services, technology and real estate.  
  • Eric J. Manning joins Oak Valley Community Bank with more than 20 years of Sacramento-focused commercial banking experience. He has a broad range of commercial, industrial and real estate lending knowledge. Manning will be responsible for commercial lending and business development in the Greater Sacramento Region.  
  • Sunnyvale-based Matterport, Inc. announced a new camera rental program to simplify and expand access to Pro3 and Pro2 cameras and accessories. The new program creates flexibility for new and existing Matterport customers, offering turnkey rental packages, as well as options to scale for existing Matterport customers. 
  • Rexford Industrial Realty, Inc. announced the validation of its emissions reduction targets by the Science Based Targets initiative (SBTi), reaffirming the company’s commitment to creating value through a comprehensive ESGi approach. The SBTi validated Rexford Industrial’s target to reach net-zero greenhouse gas emissions across scope 1, 2 and 3 by 2045, as well as the Los Angeles-based REIT’s near-term science-based target to reduce absolute scope 1 and 2 emissions by 42% by 2030 from a 2022 baseline. 
  • Freedom West Homes Corporation, a nonprofit limited equity housing co-operative in the Fillmore District of San Francisco; MacFarlane Partners, an institutional real estate investment management and development firm founded in 1987 by Victor MacFarlane; and CommonSpirit Healthone of the largest nonprofit health systems in the U.S., closed a $5-million impact investment from the CommonSpirit Community Investment Program. CommonSpirit now joins a growing number of funding partners who are advancing the mission to preserve and rebuild Freedom West for the next generation.    
  • KBS, based in Newport Beach, has been recognized for sustainability and received a Green Star designation in the 2023 GRESB Real Estate Assessment. Each year, GRESB assesses the ESG performance of assets worldwide, providing clarity and insights to financial markets on complex sustainability topics. This is KBS’ first year participating in the GRESB assessment. 
  • Edgewood Realty Partners’ Chamber of Commerce building located in Old Pasadena has renewed its LEED E-B Gold Certification from the Green Building Council. The certification recognizes that the landmark historic building uses current best practices to consume less energy, water and natural resources, to improve the indoor environment for its occupants, and to continue to uncover and reduce operating inefficiencies. 
Connect

Inside The Story

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).

  • ◦People
New call-to-action
New call-to-action
New call-to-action