California People and Company News, Week of May 16, 2025


  • Northmarq hired Tim Kuruzar as an SVP of commercial investment sales in the company’s Los Angeles office. Kuruzar brings more than 19 years of real estate experience, including seven years as a senior director with JLL, and has closed more than $3 billion in retail investment transactions across Southern California and the Western U.S. 
  • Northmarq also added Bryan Ley as managing director in the commercial investment sales division in Los Angeles. Formerly of JLL and one of the top-performing retail brokers in the western U.S., Ley has closed $14.7 billion in transactions over his 20-plus-year career. He will co-lead Northmarq’s newly formed National Shopping Center Group. 
  • Commercial real estate veteran Jason Cole has joined Kidder Mathews as SVP in the firm’s San Fernando Valley office. He brings more than 20 years of experience specializing in office, medical, and multifamily properties. 
  • Newcastle Partners, a commercial real estate investment and development company focusing exclusively on West Coast gateway marketplaces, promoted Courtney Wing to VP, development and construction. Wing will oversee and manage all aspects of the development process for the company, including entitlements, permitting and construction. 
  • PACE Loan Group has hired Julie Locke and Emily Ramey, experienced C-PACE professionals with more than 20 years of CRE and PACE experience. Locke is joining PLG as VP – Loan Servicing after spending the last five years at Inland Green Capital. Ramey is joining PLG as assistant vice president – originations. She will provide a new Northern California and greater San Francisco Bay Area presence for PLG. 
  • Retail brokerage specialist Western Retail Advisors has promoted John Leffler to associate VP. Based in the Irvine office, Leffler will assume expanded responsibilities across the region, representing Western Retail Advisors’ landlord and tenant clients in their site selection, lease negotiations and strategic growth initiatives. 
  • Yardi has released Yardi Acquisition Manager, which maximizes returns on investment for real estate acquisitions and dispositions by automating the entire investment deal workflow. The company says Acquisition Manager centralizes all deal details, documents and activities, including due diligence, in a single platform. 



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