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12.10.26 - 15:06
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Elevage Medical Technologies Appoints Michael Wasserman, Ph.D., as Chief Executive Officer (Business Wire)
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AUSTIN, Texas--(BUSINESS WIRE)--Elevage Medical Technologies ("Elevage" or the "Company"), a strategic growth partner to innovative medical technology companies, today announced that its Board of Directors (the “Board”) has promoted Michael Wasserman, Ph.D., from Chief Operating Officer to Chief Executive Officer, effective immediately. Dr. Wasserman succeeds Evan Melrose, M.D., who has been terminated from all positions relating to Elevage, the Board and the companies with which Elevage has partnered.
The Company's strategy, investment approach, and commitment to its partnership companies remain unchanged. Dr. Wasserman brings more than 30 years of health care experience as a scientist, entrepreneur, executive, and investor. Before joining Elevage, he was Managing Partner of Maverix Private Equity and spent 17 years at H.I.G. Capital as a Managing Director in the firm's BioHealth platform. Throughout his career, Dr. Wasserman has partnered with management teams and portfolio com...
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28.09.26 - 10:06
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Odd Lots: Why Building a Crosswalk in LA Is Kafkaesque (Podcast) (Bloomberg)
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Bill McBride did not just predict the 2008 housing bubble, he helped invent financial blogging with his Calculated Risk newsletter. Zach Lasry, meanwhile, is much newer to the scene, but in his career as a real estate developer, he is already responsible for building one of LA's hottest new neighborhoods — Melrose Hill. We spoke to both of them at our live show at the Vermont Hollywood, for a wide-ranging panel discussion on LA real estate. We talk about the difficulty of sourcing construction c...
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14.09.26 - 14:21
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Acadia Realty Trust Provides Investment, Balance Sheet and Leasing Update (Business Wire)
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RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE:AKR) (“Acadia” or the “Company”) today announced an update on its recent investment, balance sheet and leasing activities. Acadia owns and operates a high-quality real estate portfolio of street and open-air retail properties in the nation's most dynamic retail corridors (“REIT Portfolio”), along with an investment management platform that targets opportunistic and value-add investments through its institutional co-investment vehicles (“Investment Management”).
Investment Activity
Acadia has completed approximately $119 million of accretive street retail acquisitions within its REIT Portfolio during the third quarter to date, further building scale in four of its high-growth corridors: Greene Street in SoHo, New York; Bleecker Street in West Village, New York; Greenwich Avenue in Greenwich, Connecticut; and Melrose Avenue in West Hollywood, California. Details provided below:
REIT Portfolio Acquisitions:
SoHo, Manhattan, New York. In S...
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