Lifestyle Communities has appointed Michael Jordan as Chief Investment Officer as the firm advances its expansion across major US markets. Announced in Columbus, Ohio, Jordan will lead investment strategy, financing and capital partnerships alongside Founder and CEO Michael DeAscentis Jr. With more than $5 billion in career transactions, he joins from GIC Real Estate as LC targets growth in cities including Nashville, Charleston and Austin.
The New York City Economic Development Corporation (NYCEDC) has appointed RYBAK Development to lead the next phase of housing development at Coney Island West. The project, named Tilyou Towers in honour of Steeplechase Park founder George C. Tilyou, will transform “Parcel A,” an 80,000-square-foot city-owned lot, into more than 500 mixed-income residences, including 25 percent affordable units, alongside retail space and modernised public parking facilities.
Dubai developer Nakheel, part of Dubai Holding Real Estate, has released an exclusive range of luxury waterfront villas at Palm Jebel Ali, signalling further progress in the development of one of the emirate’s most ambitious island communities. The launch features 11 architecturally distinct villa styles within The Beach and The Coral Collections, designed in partnership with international architectural studios and offering direct beachfront access along with expansive Arabian Gulf views.
Sunrise Berhad has announced two key leadership appointments as part of its ongoing strategy to strengthen governance and drive future growth. The property developer named Shaharul Farez Hassan as its new Managing Director and Chief Executive Officer, and Grace Yap Mei Wan as an Independent Non-Executive Director to its Board of Directors.
Aldar Properties has announced AED 3.8 billion in new projects across Abu Dhabi, including residential communities, a business park, and a logistics expansion. The developments, aimed at addressing growing rental and commercial demand, take the company’s develop-to-hold portfolio to AED 17.6 billion.
Sumou Real Estate Company has signed a SAR135 million ($36.01 million) contract with Diyar Real Estate Development Company, managed by Sedco Capital, to deliver infrastructure works for a 960,000-sq-m project in Jeddah’s North Obhur district. The two-year project is expected to positively impact Sumou’s financial performance.
![[IRHM] logo](https://irhmagazine.com/wp-content/uploads/2025/08/IRHM-AWARDS-2025-1024x683.jpg)
