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<strong>ULI</strong><br />

<strong>Los</strong> <strong>Angeles</strong><br />

<strong>Annual</strong> <strong>Report</strong> 2010


At the <strong>Urban</strong> <strong>Land</strong> Institute, our mission is to provide<br />

leadership in the responsible use of land and in<br />

creating and sustaining thriving communities<br />

worldwide. <strong>ULI</strong> <strong>Los</strong> <strong>Angeles</strong>, a district council of the <strong>Urban</strong> <strong>Land</strong> Institute,<br />

carries forth that mission as the preeminent real estate forum in Southern California,<br />

facilitating the open exchange of ideas, information and experiences among local,<br />

national and international industry leaders and policy makers.<br />

Established in 1936, <strong>ULI</strong> is a nonprofit education and research institute with over<br />

40,000 members across the globe–1,500 here in the Greater <strong>Los</strong> <strong>Angeles</strong> area.<br />

As a nonpartisan organization, the Institute has long been recognized as one of<br />

America’s most respected and widely quoted sources of objective information on<br />

urban planning, growth, and development.<br />

The membership of <strong>ULI</strong> <strong>Los</strong> <strong>Angeles</strong> represents the entire spectrum of land use<br />

and real estate development disciplines. They include developers, builders, investors,<br />

architects, public officials, planners, real estate brokers, appraisers, attorneys,<br />

engineers, lenders, academics and students. Members of the <strong>Urban</strong> <strong>Land</strong> Institute in<br />

the counties of <strong>Los</strong> <strong>Angeles</strong>, Ventura, Kern, San Luis Obispo, and Santa Barbara are<br />

automatically members of <strong>ULI</strong> <strong>Los</strong> <strong>Angeles</strong>.<br />

<strong>ULI</strong> <strong>Los</strong> <strong>Angeles</strong><br />

444 South Flower Street, Ste. 3880<br />

<strong>Los</strong> <strong>Angeles</strong>, CA 90071<br />

(213) 213-2245<br />

info@uli-la.org<br />

1 | <strong>ULI</strong> <strong>Los</strong> <strong>Angeles</strong> <strong>Annual</strong> <strong>Report</strong> 2010


Alex J. Rose<br />

Chair, <strong>ULI</strong> <strong>Los</strong> <strong>Angeles</strong><br />

Senior Vice President<br />

Development & Asset Management,<br />

Continental Development Corporation<br />

For nearly twenty years, and now as Chair of your <strong>Urban</strong> <strong>Land</strong> Institute’s <strong>Los</strong><br />

<strong>Angeles</strong> District Council, I never cease to be amazed and humbled by the amount<br />

of time and effort, the vast array of creativity and the high degree of passion and<br />

commitment our members volunteer to enable <strong>ULI</strong> to execute its land use<br />

leadership mission here in <strong>Los</strong> <strong>Angeles</strong>. Always a pioneer and program of work<br />

leader among <strong>ULI</strong>’s District Councils, the hard work of our volunteers and<br />

dedicated staff has enabled <strong>ULI</strong> to exponentially expand its community impact<br />

and serve the needs of its members. In the last year alone, <strong>ULI</strong> <strong>Los</strong> <strong>Angeles</strong><br />

launched a variety of bold new initiatives that will not only showcase the<br />

innovation and creativity of its members, but will impart lasting and positive<br />

impacts on the communities in which we all live, work and play. These initiatives<br />

build on and expand the leadership demonstrated by our Executive Committee,<br />

leadership that has positioned <strong>ULI</strong> <strong>Los</strong> <strong>Angeles</strong> as the recognized leader in land<br />

use issues in the region.<br />

In the midst of the most wrenching changes our profession has seen in<br />

generations, it has been particularly gratifying to see significant increases<br />

in attendance at <strong>ULI</strong> events and member participation in organizing these high<br />

quality, full-of-take-home-value initiatives. Perhaps counterintuitive at first<br />

glance, but not necessarily so on deeper reflection. When members channel their<br />

passion to making a difference in the community and elect to make <strong>ULI</strong> their<br />

engagement platform, good things happen and there is a palpable clamber for<br />

more – more programs, more volunteer opportunities, more chances to interact<br />

with and share time with fellow industry leaders. <strong>ULI</strong> LA is dedicated to helping<br />

effectuate those opportunities.<br />

I invite you to see the body of work we have completed and know that you will<br />

agree, there’s a lot going on at <strong>ULI</strong> <strong>Los</strong> <strong>Angeles</strong>... and we’ve only just begun.<br />

We look forward to seeing you be a part of the events that will make 2010<br />

another standout year.<br />

Sincerely,<br />

Alex J. Rose<br />

Chair, <strong>ULI</strong> <strong>Los</strong> <strong>Angeles</strong><br />

Message from the Chair<br />

<strong>ULI</strong> <strong>Los</strong> <strong>Angeles</strong> <strong>Annual</strong> <strong>Report</strong> 2010 | 2


Thank you FY09 Sponsors<br />

Benefits of Being a Member<br />

One of the factors that drew me into a career in real estate development is that it’s a business<br />

which deals with many of the issues central to human life: where are we going to live, where<br />

are we going to work, where will we procure our sustenance, what kind of structures will house<br />

these activities, and how will we travel between them.<br />

Moreover, if we succeed in doing our jobs well, we provide significant benefits to our<br />

communities in ways that are harder to measure, such as beauty, quality of public and private<br />

spaces, community interactivity, efficient use of resources, cleaner air and water, traffic<br />

reduction and many more. These can, in turn, contribute to better public health, decreased<br />

crime, improved economic activity, and many other factors that are ingredients of a better quality<br />

of life.<br />

When I joined <strong>ULI</strong>, I was introduced to a network of people who think along these lines – who<br />

work for the bottom line but also have their eyes on the greater good (and who insist that the<br />

two are not incompatible). I have done my part by becoming actively involved with the<br />

organization, saying “Yes” when offered the chance to sit on a committee or help organize an<br />

event. I have met many of the most interesting people I know in the process, and have gained a<br />

more and more well-rounded satisfaction with my professional life.<br />

If you are new to <strong>ULI</strong>, please attend some of our events, large and small. You will not be<br />

disappointed. If you have been around awhile but have not got involved, by all means pull that<br />

thread. You will be happy you did.<br />

Sincerely,<br />

Michael Brown<br />

YLG Communications Co-Chair<br />

Pelican Holdings<br />

3 | <strong>ULI</strong> <strong>Los</strong> <strong>Angeles</strong> <strong>Annual</strong> <strong>Report</strong> 2010<br />

Sustaining Sponsors<br />

Allen Matkins Leck Gamble<br />

Mallory & Natsis LLP<br />

Patron Sponsors<br />

Bank of America<br />

Sheppard, Mullin,<br />

Richter & Hampton LLP<br />

Corporate Sponsors<br />

AREA Property Partners<br />

Barker Pacific Group, Inc.<br />

Beacon Capital Partners, Inc.<br />

CB Richard Ellis<br />

Continental Development<br />

Corporation<br />

Cox, Castle & Nicholson LLP<br />

Cushman & Wakefield<br />

DLA Piper US LLP<br />

Gensler<br />

Greenberg Traurig<br />

LBA Realty<br />

Lowe Enterprises<br />

MetLife Real Estate Investments<br />

Morley Builders<br />

The Ratkovich Company<br />

Reznick Group<br />

Watson <strong>Land</strong> Company<br />

Watt Companies<br />

Friends of <strong>ULI</strong> LA<br />

AEG<br />

Colliers International<br />

<strong>Los</strong> <strong>Angeles</strong> LDC<br />

Paolucci Communication Arts<br />

Paul Hastings<br />

Perkowitz + Ruth<br />

RCLCO<br />

SPF:architects<br />

Michael Brown<br />

YLG Communications, Co-Chair,<br />

Pelican Holdings


PROGRAMS<br />

<strong>ULI</strong> <strong>Los</strong> <strong>Angeles</strong> offers programs that will give you a<br />

bird’s-eye view of what lies ahead in the real estate industry, where you<br />

need to be to stay competitive, and how to prosper in the world of development. We carefully assemble leading<br />

real estate developers, investors, owners, architects, and consulting professionals as speakers and participants<br />

to share best practices and lessons learned. In <strong>2009</strong>, program topics ranged from trends in capital markets,<br />

distressed assets, green industry, SB 375, infill development, new homebuilding solutions, career events, site<br />

tours and more.<br />

rban Marketplace<br />

Christopher Leinberger, The Brookings Institute, discusses<br />

the future growth of transit oriented development.<br />

Cecilia Estolano, Ed Gibson, and Jina Yoon host the CRA/<br />

LA Roundtable.<br />

Xavier Gutierrez, Phoenix Realty Group explores current<br />

trends at the Capital Markets Roundtable.<br />

Bill Fulton, Mayor of the City of Ventura leads the developer panel to explore case studies from Koreatown to the San Fernando Valley with<br />

Edward Dong, Koar Development; Roger Moliere, Metro; Todd Pratt, Chandler Partners; and Renata Simril, Forest City.<br />

The <strong>ULI</strong> <strong>Los</strong> <strong>Angeles</strong> <strong>Urban</strong> Marketplace is a unique conference on investment opportunities<br />

and development strategies for Southern California’s emerging lower-income and distressed<br />

neighborhoods. The <strong>ULI</strong> LA <strong>Urban</strong> Marketplace has become a national model over the past<br />

eight years, attracting 700 real estate and related professionals as well as community and<br />

government leaders to its case studies, roundtable discussions, and exhibits. Attendees learn<br />

best practices and solidify relationships with key professionals and leaders at the forefront<br />

of revitalizing the inner city.<br />

<strong>ULI</strong> <strong>Los</strong> <strong>Angeles</strong> <strong>Annual</strong> <strong>Report</strong> 2010 | 4


FutureBuild LA<br />

This year, FutureBuild LA <strong>2009</strong> made its debut bringing together developers, financiers, builders, law professionals, policy makers,<br />

planners, politicians, product innovators, building owners and operators, utilities, and other land use and real estate professionals,<br />

to explore sustainability from concept to execution. Through a series of panel discussions, workshops, case studies, seminars and<br />

roundtables, FutureBuild LA created a dynamic forum and fostered dialogue allowing participants to explore.<br />

Lance Williams, U.S. Green Building Council, shares a cultural perspective on green<br />

building.<br />

LARC Awards<br />

<strong>Los</strong> <strong>Angeles</strong> is known as a place of big dreams and big ideas. This year, <strong>ULI</strong> <strong>Los</strong> <strong>Angeles</strong> recognized four recipients who, through their<br />

extraordinary vision and creative action, are helping to change our world (and our lives) – as Angelenos, Americans, and global citizens.<br />

The presenters included a dynamic foursome of <strong>Los</strong> <strong>Angeles</strong> design and development luminaries: Frank Gehry, Bowen “Buzz McCoy”,<br />

Stuart Ketchum, and Stan Ross. The LARC Award recipients include Hollywood Cap Park for Design, Academy of Entertainment<br />

Technology for Place, YOLA – <strong>Los</strong> <strong>Angeles</strong> Philharmonic for Enterprise, and Imagine Mars Project for Idea.<br />

Stan Ross, Frances Anderton, Beth Kubasak, Don Scott of the Hollywood Cap Park Board,<br />

and Vaughan Davies of AECOM.<br />

5 | <strong>ULI</strong> <strong>Los</strong> <strong>Angeles</strong> <strong>Annual</strong> <strong>Report</strong> 2010<br />

James Finlay, Wells Fargo Real Estate Technical services (RETECHS), frames the growing<br />

market for investing in green building and technology.<br />

Frances Anderton of KCRW’s Design and Architecture and Luminary Frank Gehry<br />

recognize YOLA – <strong>Los</strong> <strong>Angeles</strong> Philharmonic for the LARC Enterprise Award.<br />

Stan Ross, USC and Wayne Ratkovich, The Ratkovich Company. Sandra Kulli, Kulli Marketing, Clare DeBriere, The Ratkovich Company, and Marissa Levi,<br />

Foursome Investments.<br />

LARC photographs courtesy of Randall Michelson Photography


Xavier Gutierrez, Phoenix Realty Group, moderates capital provider panel at Emerging<br />

Trends with Alan Fox, FundCore, Patrick Crandall, CIBC; and Greg Galusha, PCCP.<br />

Meet & Greets<br />

This year members had the opportunity for intimate discussions<br />

with <strong>Los</strong> <strong>Angeles</strong>’s public officials and other prominent leaders,<br />

including: LA County Supervisor Mark Ridley Thomas, California<br />

Department of Housing and Community Development Director<br />

Lynn Jacobs, Metro’s Former CEO Roger Snoble and Chief of<br />

Real Property Management and Development Roger Moliere,<br />

and President of the LA Planning Commission Bill Roschen.<br />

Maguire Properties’ President and CEO Nelson Rising was also<br />

honored as an industry luminary.<br />

Forty members take an exclusive tour of the Ritz-Carlton luxury hotel and LA Live.<br />

Career and Networking<br />

Programs<br />

Minorities in Real Estate presented participants with strategies<br />

to continue to expand and grow professional opportunities.<br />

The Thrive Not Survive program featured seasoned members<br />

who shared their experiences from past downturns and offered<br />

tips for maintaining their professional relationships in<br />

challenging times.<br />

Capital Markets<br />

and Trends<br />

In a changed economy, <strong>ULI</strong> <strong>Los</strong> <strong>Angeles</strong> held a series of capital<br />

markets and trends programs to help its members gain the<br />

insight needed to get deals done. The series culminated with<br />

the <strong>ULI</strong> and PricewaterhouseCoopers Emerging Trends in Real<br />

Estate ® program which provided an outlook on U.S.<br />

investment and development trends, real estate finance and<br />

capital markets, property sectors, and other real estate issues.<br />

The program featured industry experts and a candid<br />

discussion among seasoned developers and capital providers<br />

on their evolving strategies.<br />

Mitch Menzer, Paul Hastings; Katherine Perez, <strong>ULI</strong> LA; Roger Moliere, Metro; Roger Snoble,<br />

formerly of Metro; and John Whitaker, DLA Piper.<br />

Case Studies<br />

and Site Tours<br />

<strong>ULI</strong> <strong>Los</strong> <strong>Angeles</strong> held numerous case studies this year<br />

including: a first glimpse of the Century luxury residences<br />

in Century City; new amenities and retail with Campus El<br />

Segundo and Plaza El Segundo in the South Bay;<br />

the redevelopment of Santa Monica Place with YLG; and<br />

an exclusive tour of the Ritz Carlton Residences and LA Live<br />

also hosted by YLG.<br />

Richard Green, Michael Sanchez, Michael Banner, Starlett Quarles, Xavier Gutierrez, Kelli Bernard,<br />

Sam Sarpong, and Dora Gallo share strategies for career growth in a downturn at the Minorities<br />

in Real Estate.


LAND USE LEADERSHIP<br />

Climate Change and the<br />

Future of Development<br />

<strong>ULI</strong> <strong>Los</strong> <strong>Angeles</strong> created a series of programs<br />

to keep <strong>ULI</strong> membership abreast of California’s<br />

evolving climate change policy and to implement<br />

sustainable development within the region.<br />

In collaboration with the <strong>Los</strong> <strong>Angeles</strong> Chapter of<br />

the American Planning Association, <strong>ULI</strong> LA led a<br />

lively discussion with the <strong>Los</strong> <strong>Angeles</strong> members<br />

of the Regional Targets Advisory Committee<br />

- Richard Katz and Michael Woo on changing<br />

climate change regulations and regional<br />

thinking. A panel forum was also held on infill<br />

and development on the edge with Rick Cole,<br />

City Manager of the City of Ventura, Rick Bishop,<br />

Executive Director of the Western Riverside<br />

Council of Governments, Bob Santos,<br />

President - Heritage Fields <strong>Land</strong> Division for<br />

Lennar Corporation, and moderated by Bill<br />

Devine of Allen Matkins.<br />

TAP<br />

Infrastructure Summit<br />

Cities are built and sustained by the quality of<br />

their infrastructure. Through the Infrastructure<br />

Summit, <strong>ULI</strong> LA created a heightened<br />

awareness of public infrastructure–especially<br />

the relationship between infrastructure and land<br />

use, developing models for better infrastructure<br />

decision making, and financing models.<br />

1000 Homes<br />

1000 Homes is an initiative focused on helping<br />

to end chronic homelessness in LA County.<br />

It represents a long-term commitment by the<br />

<strong>ULI</strong> <strong>Los</strong> <strong>Angeles</strong> District Council to remain<br />

engaged in this complex and multi-faceted<br />

issue and provide leadership in a form that is<br />

contributive to the cause of ending<br />

homelessness. The involvement of the private<br />

sector in the battle to end chronic homelessness<br />

is critical in order to develop solutions that are<br />

effective, practical, and attainable. This year,<br />

1000 Homes included a design competition and<br />

a conference.<br />

The <strong>ULI</strong> LA Technical Assistance Panel (TAP) program brings the finest expertise in the real estate, planning and<br />

development fields together to collaborate on complex land use and redevelopment projects. TAPs are designed to<br />

offer public agencies, private firms, and nonprofit organizations expertise and objective advice on a specific land<br />

use and real estate issue.<br />

7 | <strong>ULI</strong> <strong>Los</strong> <strong>Angeles</strong> <strong>Annual</strong> <strong>Report</strong> 2010<br />

Technical Assistance Panels<br />

Technical Assistance Panels (TAPs) provide objective independent<br />

and pragmatic advice on complex land use issues.


TAPTechnical Assistance Panels Continued<br />

Westchester Town Center<br />

The panel offered strategies for<br />

Westchester Business Improvement<br />

District (BID) to maximize the development<br />

opportunities and create a gateway to <strong>Los</strong><br />

<strong>Angeles</strong>.<br />

Martin Luther King, Jr. Medical Center<br />

Panel members envisioned the future hospital<br />

and district for the Martin Luther King, Jr.,<br />

Medical Campus in the Watts Willowbrook<br />

area.<br />

Whittier Boulevard, Boyle Heights<br />

CRA/LA engaged <strong>ULI</strong> LA in a Technical<br />

Assistance Panel to offer ideas on improving<br />

Whittier Boulevard in the Adelante Eastside<br />

Region and prioritize investments in the<br />

corridor.<br />

David Wong, Peter Belisle, Scott Cooper, Bob Tarnofsky, Jim Lott, Dan Cushing, John Ellis and Michael<br />

Banner review the final presentation.<br />

Panel Chair<br />

Javier Mariscal, AICP, Southern California Edison<br />

Panel Members<br />

Donald Brackenbush, Principal, Public Private Ventures<br />

Edward D. Fox, Partner, Vantage Property Investors, LLC<br />

John A. Fransen, President, The Fransen Company<br />

Bill Fulton, Mayor, City of Ventura<br />

Jim Kumon, Project Manager, Miralles Associates<br />

Neal Payton, Senior Principal, Torti Gallas and Partners, Inc.<br />

Neil Resnick, Executive Vice President/Transaction Services, Grubb & Ellis Company<br />

Richard W. Thompson, AIA, AICP, Principal, <strong>Urban</strong> Design & Planning, AC Martin Partners<br />

Panel Chair<br />

Michael Banner, President & CEO, <strong>Los</strong> <strong>Angeles</strong> LDC, Inc.<br />

Panel Members<br />

Peter T. Belisle II, President, Project and Development Services, Jones Lang LaSalle<br />

Dan Chandler, President, Chandler Partners<br />

Scott Cooper, Partner, Sidley Austin, LLP<br />

Dan Cushing, Executive Vice President, McKissak & McKissak<br />

John G. Ellis, President, Director of <strong>Urban</strong> Design, WRT | Solomon E.T.C.<br />

Stephen Jones, Board of Directors Chair, HOAG Hospital<br />

Jim Lott, Executive Vice President, Hospital Association of Southern California<br />

Robert E. Tarnofsky, Director of Real Estate. Continental Development Corporation<br />

David Wong, Director of Acquisitions, Our Castle Homes<br />

Panel Chair<br />

Ernesto Vasquez, Partner, MVE & Partners, Inc.<br />

Panel Members<br />

Amitabh Barthakur, Principal, ERA<br />

Vanessa Delgado, Director of Development, Primestor<br />

Pablo Leon, Managing Partner, Golden Pacific Partners<br />

Adriana Martinez, Adriana Martinez Group<br />

Xavier Gutierrez, Senior Vice President, Capital Markets, Phoenix Realty Group<br />

Kevin Tyrrell, Principal, Quatro Design<br />

Bill Fulton shares his perspective on the political<br />

challenges facing Westchester Town Center.<br />

Xavier Gutierrez, Vanessa Delgado, Adriana<br />

Martinez, Ernie Vasquez, Kevin Tyrell, Isidro Cerda,<br />

Amitabh Barthakur, and Pablo Leon look at<br />

development possibilities on Whittier Boulevard.


This year, <strong>Urban</strong>Plan LA<br />

was the largest ever in its<br />

history with over 70 professional<br />

volunteers, 220 students on<br />

43 teams competing from 10<br />

different high school programs<br />

with 12 teachers.<br />

“<strong>Urban</strong>Plan is an opportunity to expose students at a young age to the diversity of career paths available to them in<br />

real estate. It is an extremely rewarding experience to inspire young talent, at a time in many of their lives when they<br />

are unsure of their future path, to join our industry and become future leaders in shaping our communities.” - Alex<br />

Stone Volunteer, <strong>ULI</strong> LA Young Leader<br />

9 | <strong>ULI</strong> <strong>Los</strong> <strong>Angeles</strong> <strong>Annual</strong> <strong>Report</strong> 2010<br />

<strong>Urban</strong>Plan<br />

<strong>Urban</strong>Plan is a simulation classroom<br />

exercise for high school students.<br />

Students work in development teams<br />

to analyze and respond to an RFP for<br />

the redevelopment of a specific urban<br />

area. Development teams compete to<br />

secure the rights from a fictitious city<br />

council made up of <strong>Urban</strong>Plan<br />

volunteers.<br />

<strong>ULI</strong> <strong>Los</strong> <strong>Angeles</strong><br />

<strong>Urban</strong>Plan<br />

High Schools<br />

Kennedy High School, Granada Hills<br />

Cleveland High School, Reseda<br />

Birmingham High School, Van Nuys<br />

Wilson High School, N. Downtown LA<br />

Jefferson High School, S. Downtown LA<br />

Westchester High School, Westchester<br />

Hamilton High School, <strong>Los</strong> <strong>Angeles</strong><br />

Cheviot Hills High School, <strong>Los</strong> <strong>Angeles</strong><br />

City of Angels High School, Hollywood<br />

Crenshaw High School, <strong>Los</strong> <strong>Angeles</strong>


YOUNG LEADERS GROUP<br />

The mission of the <strong>ULI</strong> <strong>Los</strong> <strong>Angeles</strong> Young Leaders Group (YLG) is<br />

to create opportunities for young professionals to develop skills and<br />

build relationships that will help them advance in their careers, to help<br />

foster a connection to, and an understanding of, thoughtful land use<br />

and development practices.<br />

Programs and Case Studies<br />

The Young Leaders Group hosted a number of exciting programs that<br />

sparked insightful discussions and highlighted best practices of exciting<br />

new initiatives and development projects, including: Public Private<br />

Partnerships and New Ways to Create Open Space, Downtown Loft Tour,<br />

LA Live Development Tour, and the Repositioning Retail: Remaking Santa<br />

Monica Place.<br />

Leading the Way Breakfast Series<br />

YLG launched a new monthly breakfast series titled Leading the Way<br />

which provided an up close and personal opportunity sit down with top<br />

real estate industry professionals and gain insight into leadership, career<br />

paths, success, lessons learned, and what <strong>ULI</strong> means to them. Thank you<br />

to Scott McMullin of HFF, John Adams and J. Kevin Heinly of Gensler, Gail<br />

Goldberg Director of LA City Planning, Scott Bottles of Wells Fargo, Ethan<br />

Penner of CBRE, Marc Rennard of Cushman & Wakefield.<br />

Community Service<br />

YLG hosted two community service projects this year: Project Chicken<br />

Soup and Canstruction. For Project Chicken Soup, YLG members<br />

successfully cooked and delivered meals to individuals with aids.<br />

A part of the Canstruction LA Program, YLG assembled a team to create<br />

an exciting exhibit made entirely of cans of food and later donated to the<br />

<strong>Los</strong> <strong>Angeles</strong> Food Bank.<br />

Partnership Forums<br />

The <strong>ULI</strong>/LA YLG Partnership Forum provides an ongoing opportunity<br />

to share and discuss with a group of peers the issues that real estate<br />

professionals and related industry professionals face each day. <strong>ULI</strong> LA<br />

and the YLG would like to thank each of our moderators for their time and<br />

commitment to mentoring the next generation of leaders in the real estate<br />

industry.<br />

<br />

<br />

<br />

<br />

<br />

<br />

<br />

Education<br />

The YLG hosted a distressed debt and a rebranding you career workshop<br />

last year to help their peers expand their professional expertise and remain<br />

relevant in the changing economic times.<br />

Join the <strong>ULI</strong> LA YLG Facebook Group<br />

www.uli-la.org/young-leaders<br />

David Wong welcomes participants to the YLG Santa Monica Place Case Study.<br />

Richard Green, USC Lusk Center shares insight into current economic trends.<br />

Tom Weston, Weston Mason; Ehud Mouchly, READI, LLC; and Aynsley Armbrust, Norris<br />

Realty Advisors at the Partnership Forums Kick-Off.<br />

Sandra Burga, Melissa Epstein, and Ryan Spruston at a YLG Social Networking Hour.<br />

<strong>ULI</strong> <strong>Los</strong> <strong>Angeles</strong> <strong>Annual</strong> <strong>Report</strong> 2010 | 10


<strong>ULI</strong> <strong>Los</strong> <strong>Angeles</strong> Committees<br />

Executive Committee – Alex Rose, Continental Development<br />

Communications – Jack Skelley, Paolucci Communication Arts<br />

Finance – Deni Shulz, First Citizens Bank<br />

FutureBuild LA – Robert Arbour, Triple Net Equities<br />

<strong>Land</strong> Use Leadership – Ron Altoon, Altoon + Porter, Mitch<br />

Menzer, Paul Hastings, John Whitaker, DLA Piper<br />

LARC Awards – Clare De Briere, The Ratkovich Company, and<br />

Sandra Kulli, Kulli Marketing<br />

Membership – George Garfield, Transwestern Commercial<br />

Services<br />

Programs – David Waite, Jeffer, Mangels, Butler, & Marmaro<br />

Sponsorship – William Durslag, CB Richard Ellis<br />

Committee Chairs at Work<br />

Ryan Spruston, Gensler; Tim Leiweke, AEG; and<br />

Lev Gershman, GE Capital at the YLG LA Live<br />

Program and Site Tour.<br />

<strong>ULI</strong><br />

<strong>Los</strong> <strong>Angeles</strong><br />

Staff<br />

Katherine Aguilar Perez, Executive Director<br />

Christine Aure, Director of Programs<br />

Ciara Contreras, Program Manager<br />

Stephan Sampson, Intern<br />

11 | <strong>ULI</strong> <strong>Los</strong> <strong>Angeles</strong> <strong>Annual</strong> <strong>Report</strong> 2010<br />

Mitch Menzer, Paul Hastings talks about the work<br />

of <strong>ULI</strong> <strong>Los</strong> <strong>Angeles</strong> as a leader in real estate in <strong>Los</strong><br />

<strong>Angeles</strong>.<br />

Technical Assistance Panels – Jonathan Curtis, Trevear<br />

Holdings<br />

TOD Marketplace – John Waldron, Waldron + Waldron<br />

Architects, Ramin Kolahi, Lighthouse Investments,<br />

and Neal Payton, Torti Gallas<br />

<strong>Urban</strong>Plan – Starlett Quarles, The Bedford Group, and Michael<br />

Donovan III, MD3 Consultant Group<br />

<strong>Urban</strong> Marketplace – Charmaine Atherton, Bank of America<br />

Young Leaders Group – <strong>2009</strong> - Shahrouz Golshani, 2010 Lev<br />

Gershman, GE Capital<br />

1000 Homes – Shahrouz Golshani, Plaza Property Group<br />

Starlett Quarles, The Bedford Group and Michael<br />

Banner, <strong>Los</strong> <strong>Angeles</strong> LDC, receive sponsorship<br />

from Capri Capital Partners.<br />

Katherine Perez, <strong>ULI</strong> LA and David Waite, Jeffer<br />

Mangels, prepare for the Emerging Trends<br />

program.


Executive Committee<br />

Ron Altoon, Altoon + Porter Architects, LLP<br />

Charmaine Atherton, Bank of America<br />

Richard Bruckner, County of <strong>Los</strong> <strong>Angeles</strong><br />

Dan Chandler, Chandler Partners<br />

Scott Cooper, Sidley Austin LLP<br />

Jonathan Curtis, Trevear Holdings, LLC<br />

Clare De Briere, The Ratkovich Company<br />

Bill Durslag, CB Richard Ellis Inc.<br />

George Garfield, Transwestern Commercial Services<br />

Richard Gentilucci, BTG-Advisors, LLC<br />

Lev Gershman, GE Capital Real Estate<br />

Shahrouz Golshani, Plaza Property Group<br />

Richard Green, USC Lusk Center for Real Estate<br />

Xavier Gutierrez, Phoenix Realty Group<br />

Lew Horne, CB Richard Ellis Inc.<br />

Con Howe, CityView<br />

Jennifer Keith, View Capital, LLC<br />

Past Chairs<br />

Michael Banner, <strong>Los</strong> <strong>Angeles</strong> LDC, Inc.<br />

Donald Brackenbush, Public Private Ventures, Inc.<br />

James Goodell, Public Private Ventures, Inc.<br />

Thomas Larmore, Harding, Larmore, Kutcher & Kozal<br />

Richard Lawrence, Law Offices of Richard A. Lawrence<br />

John Menne, Metlife Real Estate Investments<br />

Ronald Silverman, Cox, Castle & Nicholson LLP<br />

Wayne Ratkovich, The Ratkovich Company<br />

Inner City Advisor<br />

Kelli Bernard, Office of City Council President Eric Garcetti<br />

Academic Fellows<br />

Raphael Bostic, US Department of Housing and <strong>Urban</strong> Development<br />

Stuart Gabriel, UCLA Ziman Center for Real Estate<br />

Trustees<br />

Michael Banner, <strong>Los</strong> <strong>Angeles</strong> LDC, Inc.<br />

John C. Cushman, III, Cushman & Wakefield<br />

Robert J. Lowe, Sr., Lowe Enterprises, Inc.<br />

Wayne Ratkovich, The Ratkovich Company<br />

<br />

* All images taken by John Dlugolecki unless otherwise noted.<br />

<strong>ULI</strong> <strong>Los</strong> <strong>Angeles</strong> Leadership<br />

<strong>ULI</strong> <strong>Los</strong> <strong>Angeles</strong> Recognizes Our Local Leaders<br />

Sandra Kulli, Kulli Marketing<br />

Scott McMullin, McMullin Investments<br />

Mitch Menzer, Paul, Hastings, Janofsky & Walker, LLP<br />

Ehud Mouchly, READI, LLC<br />

Tom Neary, Morley Builders<br />

Richard Newman, Lowe Enterprises Real Estate Group, West<br />

Starlett Quarles, The Bedford Group<br />

John Quiter, Cuningham Group Architecture, PA<br />

Alex Rose, Continental Development Corporation<br />

Dan Rosenfeld, Office of Supervisor Mark Ridley Thomas<br />

Peter J. Roth, Esq., Allen Matkins Leck Gamble Mallory & Natsis LLP<br />

Bob Ruth, The Ruth Group<br />

Michael Sanchez, Capital Stack<br />

Greg Schultz, First American Title Insurance Co.<br />

Deni Schulz, First Citizens Bank<br />

Jack Skelley, Paolucci Communication Arts<br />

David Waite, Jeffer Mangels Butler & Marmaro LLP<br />

John Whitaker, DLA Piper US, LLP<br />

Kevork Zoryan, Morgan Stanley | Merchant Banking<br />

Board of Advisors<br />

William Bogaard, City of Pasadena<br />

Rick Caruso, Caruso Affiliated<br />

John Cushman III, Cushman & Wakefield, Inc.<br />

Gail Goldberg, City of <strong>Los</strong> <strong>Angeles</strong><br />

Brian Jones, Forest City Development<br />

Stuart Ketchum, Stuart M Ketchum Real Estate Investments<br />

Bob Lowe, Lowe Enterprises, Inc.<br />

Bruce Ludwig, ING Clarion Partners<br />

Robert F. Maguire III, Maguire Properties<br />

Michael Matkins, Allen Matkins Leck Gamble & Mallory LLP<br />

Bowen "Buzz" McCoy, Buzz McCoy Associates, Inc.<br />

Stan Ross, Lusk Center for Real Estate<br />

Bill Tooley, Tooley Investment Company<br />

<strong>ULI</strong> Life Trustees in <strong>Los</strong> <strong>Angeles</strong><br />

Stan Ross, Lusk Center for Real Estate<br />

Buzz McCoy, Buzz McCoy Associates, Inc.<br />

<strong>ULI</strong> Staff<br />

Katherine Perez, <strong>ULI</strong> <strong>Los</strong> <strong>Angeles</strong><br />

Christine Aure, <strong>ULI</strong> <strong>Los</strong> <strong>Angeles</strong><br />

Ciara Contreras, <strong>ULI</strong> <strong>Los</strong> <strong>Angeles</strong><br />

<strong>ULI</strong> <strong>Los</strong> <strong>Angeles</strong> <strong>Annual</strong> <strong>Report</strong> 2010 | 12


Upcoming Programs<br />

& Initiatives for 2010<br />

TOD<br />

2010<br />

Transit-Oriented Development Opportunities In <strong>Los</strong> <strong>Angeles</strong> County<br />

13 <strong>ULI</strong> <strong>Los</strong> <strong>Angeles</strong> <strong>Annual</strong> <strong>Report</strong> 2010<br />

<strong>Urban</strong> Marketplace is a unique conference, brought to you<br />

by the Inner City and <strong>Urban</strong> Policy Committee, on investment opportunities<br />

and development strategies for Southern California’s emerging lower-income<br />

and distressed neighborhoods. Featuring: Mayor Antonio Villaraigosa,<br />

Councilwoman Jan Perry, Stan Ross Chariman USC Lusk Center.<br />

Infrastructure Series and Summit recognizes the<br />

need to invest in roads, bridges, and public transit to waterlines hidden under<br />

city streets is greater than ever. The Infrastructure Summit offers a compelling<br />

discussion of best practices and solutions towards an infrastructure strategy<br />

for <strong>Los</strong> <strong>Angeles</strong>.<br />

Transit Oriented Development Summit<br />

Through the TOD Summit and Technical Assistance Program, <strong>ULI</strong>-LA strives<br />

to engage public and private sector leaders to discuss pressing transportation<br />

and land use challenges with the intent to identify common goals and<br />

principles that will lead to successful development around transit.<br />

Keynote by US Senator Barbara Boxer.<br />

Future of Downtown <strong>Los</strong> <strong>Angeles</strong> explores challenges<br />

and opportunities for attracting and retaining established and growing<br />

population of young, creative professionals. Presented in collaboration with<br />

Christopher Hawthorne of The LA Times.<br />

FutureBuildLA creates a dynamic forum and fosters dialogue<br />

allowing participants to explore sustainable technology, and the connection<br />

between transportation, green infrastructure, incentives, LEED, building<br />

design, and building operation.<br />

LARC Awards The <strong>Los</strong> <strong>Angeles</strong> Real Creativity Award is designed<br />

to discover and bring into the limelight new innovators in the <strong>Los</strong> <strong>Angeles</strong><br />

region. The awards program recognizes four recipients which are presented by<br />

creative giants in the industry.<br />

High Speed Rail Summit offers California expertise and best<br />

practices for development of high speed rail transit stations that create and<br />

develop quality mixed-use communities.<br />

March 18<br />

March-<br />

September<br />

June 4<br />

June<br />

October<br />

December 4<br />

September<br />

23-24


Technical Assistance Panels offer public agencies, private firms,<br />

and nonprofit organizations facing complex land use and real estate issues in the<br />

greater <strong>Los</strong> <strong>Angeles</strong> region expert and objective advice.<br />

<strong>Urban</strong>Plan is a simulation classroom exercise from January to June for high<br />

school students created by the <strong>Urban</strong> <strong>Land</strong> Institute. Students work in development<br />

teams to analyze and respond to a hypothetical “Request for Proposal” for the<br />

redevelopment of a specific urban area. Development teams compete to secure the<br />

rights from a fictitious city council made up of <strong>Urban</strong>Plan volunteers.<br />

1000 Homes is an initiative focused on helping to end chronic homelessness<br />

in LA County. Spearheaded by <strong>ULI</strong> <strong>Los</strong> <strong>Angeles</strong>, 1000 Homes includes partnerships<br />

with several prominent organizations working jointly with <strong>ULI</strong> LA to achieve<br />

this important goal. The program educates the <strong>ULI</strong> membership on the issue of<br />

homelessness and supports innovation in the creation of permanent supportive<br />

housing.<br />

Breakfast Programs is a monthly program series for the whole <strong>ULI</strong><br />

membership to gain new perspectives and skills for <strong>ULI</strong> <strong>Los</strong> <strong>Angeles</strong>. In the past, <strong>ULI</strong><br />

LA has featured a Resuscitating Retail program, Capital Markets series, Beyond the<br />

Bubble: housing solutions, the Century Site Tour, and more.<br />

The Young Leaders Group creates opportunities for young<br />

professionals to develop skills and build relationships that will help them advance in<br />

their careers, and to foster a connection to the <strong>ULI</strong> broader membership.<br />

Site Tours & Case Studies offer members the opportunity to tour<br />

project and construction sites to get a first hand look at the process in action. These<br />

tours are led by individuals instrumental to the project, providing a one of a kind<br />

experience.<br />

Meet and Greets are opportunities to learn about and discuss current<br />

projects, initiatives, and future goals from prominent individuals in the planning, design<br />

and government realms in the <strong>Los</strong> <strong>Angeles</strong> region.<br />

Upcoming Programs<br />

& Initiatives for 2010<br />

<strong>ULI</strong> <strong>Los</strong> <strong>Angeles</strong> <strong>Annual</strong> <strong>Report</strong> 2010 14


<strong>ULI</strong> <strong>Los</strong> <strong>Angeles</strong> District Council<br />

444 South Flower Street, Suite 3880<br />

<strong>Los</strong> <strong>Angeles</strong>, CA 90071<br />

213.213.2245<br />

www.uli-la.org

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