Wedbush Securities, a leading independent financial services provider, is proud to announce the appointment of Richard Anderson and Jay Kornreich as Managing Director and Vice President of Equity Research. They will be covering 30 names in the Real Estate Investment Trusts (REITs) sector, including office, industrial, multifamily, healthcare, hotels,
gaming and ground leases. This expansion into various subsectors strengthens Wedbush’s award-winning Equity Research team.
Richard brings years of experience from PaineWebber,Citigroup , Maxcor Financial , Mizuho,and SMBC where he built robust research platforms for REIT coverage. He has gained a reputation for exploring unconventional viewpoints within the industry. At SMBC,Richard met Jay Kornreich who previously held notable roles at Bloombergand Cantor Fitzgerald . With his diverse financial background,Jay offers valuable insights on real estate dynamics that underpin REITs’ long-term narrative.
Prado Group,a privately held real estate investment and development management company,is pleased to welcome Allie Stein as Director of Development & Special Projects.She brings over a decade of successful experience in real estate investment and development across San Francisco,the Bay Area , Orange County Seattle,and Denver.Stein will play an important role in shaping Prado’s development strategies,specializing in value-add redevelopment projects such as their upcoming 10.3 acre mixed-use residential project at 3333 California Streetin San Francisco.
Marie Lewis has been appointed EVPand General Counselat BioMed Realty.In her new role,she will oversee Legal Integration,and Communications functions.Lewis joined BioMed Realtyin2013asManaging AttorneyfortheRealEstateLegal Department .
City Wide Facility Solutions expands its presence witha new location openingin Oakland.This marks their11thoffice serving commercial properties throughout Alameda Countyand Contra CostaCounty.Their focus is on providing facility solutions for businesses across these areas.
Alexandria Real Estate Equities,Inc.announced that S&P Global Ratings has reaffirmed their strong credit rating of BBB+ with a positive outlook.This is due to the company’s solid long-term life science fundamentals,a diverse client base, and favorable triple-net lease structure.
Qualia ,a digital real estate closing platform based in San Francisco,recently launched its newest product Qualia Shield.This funding and disbursement product helps title and escrow companies simplify accounting processes while protecting against fraud.It includes features such as earnest money deposit collection,wire fraud detection,and seller ID verification.
Closed Escrow,a leading residentialand commercial escrow company in Los Angeles,is excited to welcome Marcine Kline as VPand Senior Escrow Officer.She brings expertise in probate,trust sales,and other complex transactions.
Gallaher Senior Livinghas formed a partnership with WellQuest Livingto manage three senior living communities under Gallaher’s banner: Santianna,Viena at Santianna,and Laurel Heights.These communities offer independent living,assisted living,memory care services for seniors.The new management will bring fresh ideas and enhanced services for residents.
HGA ,an interdisciplinary design firm,today announced its acquisition of brick.,a 25-person architecture firm based in Oakland.Brick.will now operate under HGA Oakland,focusing on urban infill projects,mixed-use developments,and community-oriented projects throughout California. This acquisition strengthens HGA’s presencein the Bay Areaand expands their capabilities across the state.
