- David Bellew, senior director, client services at Yardi, was elected to the Argentum board of directors and took a seat at the May 20 board meeting. Argentum is the leading national trade association serving companies that own, operate and support professionally managed senior living communities. Yardi, a sponsor of Argentum for over 20 years, is now an Argentum Platinum partner.
- Eleni Christianson has joined NAI Capital Commercial as SVP in the Ontario office, where she will focus on the Inland Empire, specializing in industrial and land sales. She brings a proven track record of success to NAI Capital Commercial, having launched her brokerage career by closing seven industrial land transactions withinjust over a year from earning her real estate license.
- FundingShield announced that Karthik Kumar, founder of LendArch, has joined its advisory board. Kumar is regarded as a distinguished leader in mortgage lending, financial technology, and digital transformation, bringing decades of expertise in optimizing loan origination, fulfillment, and risk management through cutting-edge solutions.
- Irvine-based 1031 CF Properties, a leading sponsor in senior housing investments, has fully paid all accrued interest due to investors in its 1031CF Bridge Fund III offering as of April 30. This includes the catch-up of the 8% preferred return, resulting in a double distribution for investors this month and bringing their total interest payments to the quoted 15% annualized yield.
- As real estate developers and builders face constrained financing options and significant housing demand, Los Angeles-based Arixa Capital is expanding its loan origination team in key growth markets: Arizona, Colorado, Minnesota, and Texas. The expansion comes as banks continue to pull back, leaving experienced developers and builders in need of well-capitalized alternatives to help expand the nation’s housing stock.
- Orange County-based Genesis Bank said it has received all necessary regulatory approvals, as well as shareholder approvals from the shareholders of Excel Bank, a tradename of EH National Bank, to complete its previously announced agreement to acquire Excel. The acquisition, initially announced on Feb. 13, 2025, is expected to close in mid-June.
- Buchanan Street Partners, a real estate investment management firm specializing in value-oriented investments across commercial, multifamily, and self-storage assets—as well as debt investments—is seeking a VP of Originations, Structured Finance in Newport Beach, CA. The VP will be responsible for originating and underwriting new business for the firm’s principal lending platform, as well as managing their own loan portfolio. The ideal candidate will have 7+ years of experience originating, underwriting, structuring, and closing $10–$60 million bridge and construction loans across multifamily, industrial, retail, office, and self-storage properties in the Western U.S. RETS Associates is managing the search. Please direct inquiries and resumes to hanley@retsusa.com.
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