Related California Co-Founder Bill Witte Stepping Down as CEO
Related California, the West Coast affiliate of Related Companies, announced that co-founder, CEO and chairman Bill Witte will step down from day-to-day leadership, effective Jan. 1, 2026. Gino Canori will become president and CEO of Related California’s market-rate division, and Ann Silverberg will become president and CEO of its affordable division. Witte will assume the role of chairman emeritus.
Witte co-founded Related California with Stephen Ross in 1989. Along with longtime business partner Frank Cardone, he grew the company into a prolific affordable housing developer. Under Witte’s leadership, Related California has become one of the largest real estate companies on the West Coast.
“Bill has been an absolute force in California real estate, not only by driving the success of the business for over 35 years, but by helping shape the broader landscape of affordable housing and development,” said Jeff T. Blau, CEO of Related Companies. “We are grateful for his leadership, friendship and dedication and we have full confidence in Gino and Ann to steward this next chapter for Related California.”
Attend Connect Southeast Multifamily on December 4th in Key Biscayne when the market experts share the playbook for where capital is moving next, and how the region’s power players are positioning themselves to stay ahead of the national curve. Be there to explore the opportunities, challenges, trends, and the future outlook for the multifamily landscape throughout Florida and the Southeast. www.ConnectSEMF2025.com
Other News
Queens’ Tallest Tower Reaches 90% Leased, Adds First Retail Tenants
BLDG Management Co., Inc announced that The Orchard, Queens’ tallest tower, has surpassed 90% leased across its 824 residences nine months after launching residential leasing. The milestone occurs as the 70-story Long Island City development recently signed its first three retail tenants: K-beauty brand Tokimo, Japanese tea and beverage brand Mollytea and financial technology platform...
Learn more
80-Unit Seniors Housing Development Opens in Suburban Chicago
Leyden Senior Apartments, a new four-story independent senior living development in Franklin Park, recently opened. Located at 2506 N. Mannheim Road, Leyden Senior Apartments offers one- and two-bedroom residences. The adjacent newly constructed Carl Fiorito Senior Center will be available to the entire community. Owned by Leyden Apartments LP, Leyden Senior Apartments was designed by...
Learn more
312-Unit Multifamily in Indiana Changes Hands
Northmarq’s Investment Sales team, led by Bobby Schiavone, Jordan Arand and Adam Klenk, led the sale of The Bend Apartments, a 312-unit garden apartment community located at 1909 Greentree Blvd. in Clarksville, Indiana. Northmarq represented the seller, a regional multifamily developer. The buyer was a private investor. “The Bend generated significant investor demand, further proving...
Learn more
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout