Pacific Oak Capital Markets Group, a wholesaler and managing broker-dealer for alternative investment offerings, has hired Rigo Medina as senior regional vice president for the Southern California region and Erica Blue as senior internal sales associate.
Pacific Oak Capital Markets Group works with registered investment advisors and broker-dealers throughout the country to distribute Pacific Oak’s various real estate-related investment products.
“Pacific Oak’s extensive real estate investment expertise continues to give rise to new opportunities, and we anticipate Rigo and Erica will play pivotal roles in furthering the strategic expansion of the firm’s sales and distribution effort,” said Mick Manning, chief executive officer of Pacific Oak Capital Markets Group. “Both of these individuals have demonstrated consistent, strong track records throughout their careers, and we are pleased they have chosen to continue building their success with us.”
In his new role, Medina will educate financial intermediaries on Pacific Oak’s investment products and the general trends occurring in the real estate and alternative investment sectors.
He has more than a decade of financial services experience, and prior to joining the firm, was vice president at CION Investments. Medina has held similar positions at Resource Real Estate and KBS Capital Markets Group. The company noted that throughout his career, he has received numerous awards for total sales, sales growth and new producers.
Blue will partner with Travis Hamlin to provide marketing and sales support to the “Four Corners” region, covering Colorado, Utah, Arizona and New Mexico. She has more than a decade of industry experience and has been recognized as a top-performing internal wholesaler in previous roles with Legendary Capital, Select Capital Corporation and Thompson National Properties, the company said.
In other Pacific Oak news, alternative investment sponsor Pacific Oak Capital Advisors recently rebranded several single-family rental subsidiaries and renamed its flagship operating entity Pacific Oak Residential Inc. (formerly known as DayMark).
Pacific Oak sponsors Pacific Oak Strategic Opportunity REIT Inc., a publicly registered non-traded real estate investment trust, which merged with Pacific Oak Strategic Opportunity REIT II Inc. in October.