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California People and Company News, Week of Feb. 14, 2025
- CBRE announced Conor Brennan has joined the firm in San Diego as SVP. Brennan will focus on multifamily private investment properties in the region. He spent the last 12 years at Marcus and Millichap, specializing in selling multifamily investment properties in San Diego.
- Industrial real estate investor and developer CapRock Partners has promoted three executives. They include Bob O’Neill to EVP, Paul Liebermann to SVP and Sean Grubbs to SVP.
- Los Angeles-based investment firm Stockdale Capital Partners hired Erica Ratner as the new director of retail operations and general manager at The Oaks. Ratner brings more than a decade of experience in retail operations, including her recent role at Caruso overseeing The Grove.
- Kidder Mathews continues to expand its retail investment platform with the addition of Michael Morris as VP in El Segundo. Morris specializes in net lease investments, advising clients on the acquisition and disposition of single and multi-tenant retail properties nationwide and has closed more than $350 million in transactions over the past decade.
- Snyder Langston has promoted Zenith DeRosier, Adam Schneider, Stacey Stockmeyer and Chris Voros to VP in recognition of their years of service and commitment to continuous improvement. DeRosier was promoted to VP, Los Angeles. Schneider was named VP, residential. Stockmeyer was promoted to VP, human resources & people development. Voros was named VP, operations.
- Ascent Developer Solutions, a relationship-based lender to top-tier real estate developers, announced that Jason Savage has joined the firm as SVP, treasury & capital markets. He joins AscentDS with more than two decades of experience and a proven track record of success leading complex transactions while managing key strategic relationships as an executive with firms such as Credit Suisse, Hudson Americas, and most recently, Change Lending.
- PearlX, an energy infrastructure and capital partner providing power systems to multifamily properties, has appointed Patrick Sterns as VP of policy and regulatory affairs. With nearly 15 years of experience in the solar energy industry, Sterns brings a wealth of knowledge on multifamily solar policy and regulatory leadership. Before joining PearlX, Sterns was most recently the senior director of policy and strategy, Western states at SunPower.
- Angeles Equity Partners, LLC, a private investment firm, appointed Adolfo Villagomez to the board of directors of O’Hara’s Son Roofing, a national commercial and industrial roofing provider headquartered in Chicago. A former partner at McKinsey & Company, Villagomez principally focused on the wholesale, distributor, and building materials verticals before joining The Home Depot, where he became its chief marketing officer and president online. More recently, he served as CEO of Progressive Residential and currently sits on several public and private boards.
- San Francisco-based general contractor Dome Construction hired Brian Vaughn as senior director of business development. Vaughn will spearhead strategic growth within the life sciences sector, aiming to expand Dome’s presence across key markets in California. Before joining Dome Construction, he served as senior director of business development at CRB for 12 years.
- Commercial real estate brokerage firm Economos DeWolf has added two new partners: Matt Economos and David Economos. Matt Economos began his career in real estate in 2023 as an intern with Greenlaw Partners, a leading real estate investment and development firm, where he honed his skills in property acquisitions and asset management for a portfolio exceeding 11 million square feet. David Economos earned a degree in construction management from Cal Poly San Luis Obispo in 2023. Upon graduation, he joined the nation’s top healthcare contractor, McCarthy Building Co., where he contributed to a major healthcare project valued at more than $500 million.
- ExchangeRight, one of the nation’s leading providers of diversified real estate DST and REIT investments, announced that demand for the company’s historically recession-resilient debt-free offerings has driven the full subscription of All-Cash 6 DST. The $23.26-million portfolio of net-leased real estate, backed by investment-grade companies operating in necessity retail, has been structured to provide investors with monthly distributions starting at an annualized rate of 5.20%.
- Kiavi, a provider of capital to residential real estate investors, is expanding into 13 additional states: Alaska, Delaware, Hawaii, Idaho, Iowa, Louisiana, Maine, Montana, Nebraska, New Hampshire, North Dakota, South Dakota and Wyoming. This market expansion broadens Kiavi’s reach to 45 states and Washington, DC.
- SmartStop REIT Advisors (SRA), the sponsor and an indirect subsidiary of SmartStop Self Storage REIT, Inc., has officially entered the Net Asset Value REIT space with Strategic Storage Trust X. SRA believes the new vehicle will allow it to further capitalize on attractive acquisition opportunities across North America.
- ◦People
