CoStar's People of Note (March 7-13)This week's People of Note includes the following markets: Los Angeles, New York City, Northern New Jersey and Orange County
LOS ANGELES
Studley Names Wilder as Senior Managing Director
The West Los Angeles office of Studley promoted Stacy A. Wilder...
Phoenix Realty Names Head of National AcquisitionsEdward J. Ratinoff, a former J.E. Robert Cos./JER Partners executive, joined Phoenix Realty Group’s National Acquisitions unit as managing director. He will head the acquisitions teams responsible for PRG’s two funds that total $470 million in capital...
Studley Taps Wilder as Senior Managing DirectorThe West Los Angeles office of Studley promoted Stacy A. Wilder to senior managing director, project management services.
The former corporate managing director was recognized because, in addition to her other duties, “she continues to manage and...
CalSTRS Buys Soon-Maturing Mezz Debt on City National PlazaThe California State Teachers' Retirement System (CalSTRS) acquired all of the mezzanine debt on City National Plaza at 505-555 S. Flower St. in downtown Los Angeles. Thomas Properties Group Inc., CalSTRS' partner in City National Plaza, completed the...
LA School District Acquires Culver City Retail Bldg.The Los Angeles Unified School District purchased a freestanding retail building at 3833 Crenshaw Blvd. in Los Angeles, CA, from Laul Holdings LLC for $2.8 million, or about $180 per square foot. The school district will occupy the building as an adult...
CBRE Names CFO; Turns Over Reins of Private Client GroupGil Borok was promoted to chief financial officer of CB Richard Ellis Group Inc. He takes over from Bob Sulentic who will continue as CBRE’s president running day-to-day operations and principal business activities worldwide. Both will report to CEO Brett...
Younan Properties Taps Peddicord as COOYounan Properties created a new chief operating officer position and named Robert C. Peddicord to the post. With more than two decades of leadership experience, Peddicord will provide direction for the property operations, leasing, construction and development...
Lease Up/Lease Down (Mar. 7-13): UBS Renews, Postal Service Unveils 10-Year PlanCoStar compiles news of corporate expansions, relocations, extensions, closures, layoffs, lease cancellations and mergers in the weekly Lease Up/Lease Down news report, a concise read keeping you updated on major corporate moves affecting commercial...
In The Pipeline: CoStar Development and Construction News for March 7-13In this week's edition of In The Pipeline, Forest City's Atlantic Yards mixed-use project is scheduled to finally break ground this week. Meanwhile, another long delayed development project, the Guasti Historic District in Ontario, CA,has begun with...
CoStar's Retail News Roundup: Mar. 7 - 13, 2010This week in the Retail Roundup, CoStar reports on expansions or new concepts at TJX Companies and Kohl's; closings, cutbacks, bankruptcy, default, receivership or foreclosure news at Swoozie's and the Northgate Mall; acquisition, merger, loan, sale...
Lease Up/Lease Down (Feb. 28 - Mar. 6): Hummer: Stalling Out for Good?CoStar compiles news of corporate expansions, relocations, extensions, closures, layoffs, lease cancellations and mergers in the weekly Lease Up/Lease Down news report, a concise read keeping you updated on major corporate moves affecting commercial...
"I believe in commercial multifamily properties, especially in Los Angeles, because they are low risk investments where investors can add value in spite of negative market conditions. This belief has led me to a career in commercial real estate sales, and over the years, I have developed a brokerage philosophy which has brought me much success and more importantly, happy clientele. The philosophy is simple: The best service I can provide is egoless representation of client's needs while aggregating the necessary knowledge to empower my clients in skillfully negotiating the constantly changing real estate climate."
- Peter Ciriello
