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New York People and Company News, Week of Nov. 1, 2024
- RXR hired Steven Schwartz, a longtime senior executive with over 30 years of real estate credit experience, as EVP of real estate credit. Schwartz will lead RXR’s growing credit platform, which has originated billions of dollars of real estate loans in recent years across a range of sectors. Simultaneously, Annie Hsieh and Greg Oran joined RXR’s equity capital markets team to further the company’s business development and client relationship efforts with a focus on growing RXR’s credit platform as well as its rental housing and office recovery strategies.
- Altus Power, reportedly the largest commercial scale provider of clean electric power, announced that Skylar Werde has joined the Stamford, CT company as head of community solar. Werde, an executive with deep experience building and managing teams, will oversee the entire Altus Power Community Solar business, both B2B and B2C.
- NAIOP New Jersey will host the 2024 President’s Awards and Hall of Fame Reception at Jewel Box at Gateway Center in Newark on Nov. 4. The 2024 President Awards honorees are: Legacy Award: William C. Hanson, SIOR, NAI James E. Hanson; Pillar Award: Assemblyman Robert J. Karabinchak, N.J. General Assembly; Advocacy Award: David Greek, Greek Real Estate Partners; Volunteer of the Year: Keith A. Lieberman, PE, T&M Associates; Rising Star Award: Bridget B. Wilcox, G.S. Wilcox & Co.; and Student Award: Lauren Munari, Columbia University/Terreno Realty Corporation.
- The New York State Association for Affordable Housing (NYSAFAH) will host its Annual Awards for Excellence & Innovation in Affordable Housing Development at The Yale Club in Manhattan on Nov. 7. In addition to honoring RuthAnne Visnauskas, Commissioner and CEO of New York State Homes and Community Renewal, as Advocate of the Year, NYSAFAH will recognize Susan Camerata, Wavecrest Management and John Crotty, J Cubed Residential: Milford Street Association Captive Insurance Company, as Innovator of the Year; Regan Development Corporation: MacKenzie Overlook in Lake Placid for Upstate Project of the Year; Mega Contracting Group, LLC and The Bridge, Inc.: Bridge Rockaway for Downstate Project of the Year; and People Inc. as Nonprofit of the Year.
- Design Manager, a software platform for interior designers, has acquired DesignSpec and Lojik Design Systems, developers of Spexx & Exxpedite. The company said that with these acquisitions, Design Manager delivers comprehensive solutions that empower growing professional design and architecture firms to streamline project management, specifications, procurement, invoicing, payments and accounting with a single suite of offerings.
- Aquarian Holdings, a diversified global holding company with a strategic portfolio of insurance and asset management solutions, made an investment into PACE Equity, the largest independent provider of funding for commercial property-assessed clean energy (C-PACE) projects offering private capital to fund components of a commercial building’s construction budget that have measurable water, energy or renewable resource savings. Through its investment, Aquarian will take a majority share in PACE Equity and provide up to $1 billion of financing.
- Latii, a New York City-based proptech startup, has secured $5 million in seed-round funding. Combined with $3.3 million raised during a pre-seed round, this brings Latii’s total funding to $8.3 million. The seed round was led by Leadout Capital, with participation from Era Ventures, Act One, Nine Four Ventures and RADV. The company will use the fresh capital to continue the development and launch of AI-powered tools to streamline processes for its customers and fabricators.
- ◦People
