- Kidder Mathews has brought Jamie Rogers aboard as a VP in Century City, where he will focus on tenant representation for office and retail occupiers across Greater Los Angeles. Rogers brings over 20 years of commercial real estate experience spanning both Southern California and New York City. Before joining Kidder Mathews, he spent more than a decade at CBRE in Los Angeles, supporting a wide range of clients.
- Pegasus, a boutique real estate investment advisory firm based in Los Angeles, appointed George Azzi as EVP. In addition, Bahram Fattahinia joins Pegasus as director of marketing and Daniel Kim is the newly appointed senior associate of finance & strategy.
- Beagle, a platform for insurance, compliance and resident benefit solutions, appointed proptech veteran Johnny Hanna as president. A co-founder of Entrata and Homie, and former CRO of Funnel Leasing, Hanna brings decades of experience building and scaling category-defining real estate technology companies. In his new role, he will lead Beagle to meet the growing demand for insurance solutions across the multifamily and single-family rental markets.
- New American Funding , a Tustin-based independent mortgage lender, has named Tim Sorenson as its new divisional EVP for the Southwest. With more than two decades of mortgage lending experience, Sorenson will be responsible for guiding loan officers across a broad geographic area, encompassing Arizona, Colorado, Hawaii, Kansas, Nevada, Oklahoma, Utah, Wyoming, and the Southern California region. He will also focus on accelerating growth and implementing strategic recruiting initiatives.
- Innovative Industrial Properties, Inc. has entered into agreements to make an investment totaling up to $270 million into IQHQ, Inc., a life science real estate platform with more than $5 billion in total assets. The investment transaction is comprised of two discrete investments that together are expected to earn a weighted average interest rate of greater than 14% per annum.
- Clearinghouse Community Development Financial Institution (Clearinghouse CDFI) completed its strategic recapitalization initiative, raising $35 million in new equity to fuel its next phase of national growth. The raise drew recommitments from 22 existing investors, many of whom have long partnered with Clearinghouse CDFI through prior offerings. It represents the first step in the company’s plan to increase overall corporate assets to over $1 billion.
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