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22 more than 4.5 billion records spanning more than 50 years, providing detailed coverage of property, mortgages, and other encumbrances, consumer credit, tenancy, location, hazard risk and related performance information. e markets CoreLogic serves include real estate and mortgage finance, insurance, capital markets, and the public sector. KERREL GOMES TAPPED TO LEAD NEW WESTERN'S VIRGINIA BEACH BRANCH New Western, a source of fix-and-flip residential investment properties, has announced the opening of its first Virginia office and 52nd local market, in Virginia Beach, to be led by Kerrel Gomes, General Manager. "Virginia Beach is an exciting market for us to enter as it begins to turn to favor rentals over buying," said Kurt Carlton, Co-Founder and President of New Western. "With a local naval base, Virginia Beach has a steady and strong rental market that is recession-resistant, and allows New Western to identify homes in need of repair that local investors can fix and flip or rent. We are confident about the opportunities for investors, buyers and sellers in Virginia Beach." For investors, the Virginia Beach area's historic charm presents an opportunity to revitalize aging homes' infrastructure, and return them to market at affordable prices, as New Western's rehabbed homes are nearly 31% more affordable than a new build. Gomes, who will serve as General Manager, began his real estate career in New Western's Raleigh, North Carolina, office when it first launched and brings that experience and expertise to the Virginia Beach office opening. "I started my career in real estate, working alongside my father who was a contractor for fix-and-flip properties," Gomes said. "Working with him inspired me to pursue the real estate investment market full-time, which brought me to New Western's Raleigh team where I learned and became part of an incredibly talented and amazing group of people. Now I have the opportunity to run our Virginia Beach office, working with our team of investors to bring supply to an in-demand market and revitalizing an area that is filled with historic charm." Since 2008, New Western has bought and sold more than $15 billion worth of residential real estate by leveraging data and local market insight to stock its marketplace with exclusive investment properties. New Western's marketplace connects more than 150,000 local investors looking to rehab houses with sellers. PRETIUM NAMES NEW COO OF BUSINESS DEVELOPMENT Pretium, a specialized investment firm with more than $50 billion in assets under management, has named Emily Stecher Managing Director and COO of the Business Development team. Stecher will be responsible for bolstering the firm's product and strategy creation, as well as optimizing client engagement efforts. "At Pretium, our entrepreneurial spirit and steadfast commitment to unlocking value for our stakeholders set us apart," said Lee Alexander, Senior Managing Director and COO at Pretium. "As we continue to expand the exceptional team we have in place, Emily's significant experience stewarding diverse strategic initiatives will be an invaluable asset as we enhance our platform and capabilities." Prior to joining Pretium, Stecher held roles of increasing responsibility at Goldman Sachs, where she most recently served as Managing Director, Head of U.S. Wealth Management Alternative Sales, and was responsible for distributing alternative investment products to U.S.-based financial intermediaries. "Emily is a dynamic leader, and we are thrilled that she's joined the Pretium team," said Jennifer Strickland, Senior Managing Director and Head of Business Development at Pretium. "Her background and direct and insightful approach make her the perfect fit for Pretium, and I look forward to working with her to advance our product development and capital raising capabilities, while continuing to optimize how we engage with clients." Previously, she was a VP, Head of Product Strategy & Development and a VP in the Alternative Capital Markets group at Goldman Sachs. Stecher began her career as a Management & Strategy Analyst in Goldman's Private Wealth Management business. During her tenure at Goldman Sachs, she oversaw a range of activities, including managing a multibillion-dollar annual budget, developing and executing on new business opportunities for GSAM alternative investment funds and directing a secondary private equity program for clients. "Pretium is a unique firm on a remarkable growth trajectory, and I am excited to join a team of innovative, specialized professionals," Stecher said. "I look forward to supporting the firm's mission and success by identifying new products and further opportunities to deliver tailored solutions for Pretium's stakeholders." S E R V I C E P R O V I D E R S JOE CUTRONA NAMED AUCTION.COM'S CHIEF BUSINESS OFFICER Auction.com has announced that Joe Cutrona has been named Chief Business Officer. In his new role, Cutrona will oversee business development and online operations, including maintaining and creating new client relationships and helping the company to optimize capacity to execute at speed during and through a unique real estate cycle. "We are very excited to add such an outstanding leader to our executive team," said Ali Haralson, President of Auction.com. "Joe has vast industry knowledge and senior management experience that will help us continue to create better outcomes for neighborhoods, buyers, and sellers through transparency, technology, and care." One of Cutrona's first goals is to develop a deeper connection with the people and culture of Auction.com. "e end game is to continue creating strong relationships and delivering value to our strategic partners," Cutrona said. "e endless pursuit of scorecard dominance has many unique metrics, and I'm fortunate to be building on the high-level trust that Auction.com has created over the years." Before joining Auction.com, Cutrona spent 10 years with Xome as its Division President/ SVP, overseeing residential real estate listings and building its online auction marketplace, asset management solutions, and mortgage servicing default liquidation strategies. He also worked at Movers & Shakers Got something to share with us? Send it to Editor@DSNews.com.