California CRE Industry Sees Leadership Reshuffling Amid Active Spring Hiring Season

California's commercial real estate sector saw a round of leadership changes during the week of April 3, 2026, spanning brokerage, investment management, and the legal side of the industry.

According to Connect CRE, the following personnel moves were announced:

Key Details

• CBRE named Steffen Kammerer executive managing director for Advisory Services covering Northern California and Reno. Kammerer succeeds Joe Wallace, who moves into a special projects role.
• Passco Companies hired Dayna Abdel as vice president of corporate marketing.
• Four Corners Property Trust, based in Mill Valley, appointed Michael Friedland to its board of directors. Friedland previously served as a vice chair in JPMorgan Chase's Global Corporate Banking division.
• The Los Angeles Superior Court appointed Stephen J. Donell as receiver over C.C.O.A. Housing Corporation.

Market Context

The appointments reflect the range of activity across California's CRE industry heading into spring 2026, from firm-level succession planning at major brokerages to board-level governance moves at publicly traded REITs and court-supervised oversight of housing entities.