Daryl J. Carter
Chairman and CEO | Avanath Capital Management
Daryl J. Carter is the Founder, Chairman and CEO of Avanath Capital Management, LLC, a California-based investment firm that acquires, renovates, and operates apartment properties, with an emphasis on affordable and workforce communities. Mr. Carter directs the overall strategy and operations of the Company. Since its formation in 2008, Avanath has acquired $4 billion of properties in 15 states in the U.S., comprising 16,000 apartment units. Avanath is vertically integrated and is an SEC registered investment advisor and an institutional fund manager, with capabilities that include acquisition sourcing and underwriting, construction, asset management, and on-site property management.
Mr. Carter is also Co-Founder and Co-President of LSA Management, a Charlotte-based property management entity jointly owned by Avanath and Laurel Street. LSA manages 4,000 affordable and workforce apartments in the Southeast owned by Laurel Street.
Mr. Carter has 42 years of experience in the commercial real estate industry. Previously, he was an Executive Managing Director of Centerline Capital Group, an affiliate of the Related Companies. Mr. Carter became part of the Centerline team when his company, Capri Capital Finance, was acquired by Centerline in 2005. Mr. Carter co-founded and served as Co-Chairman of the Capri Capital family of companies. He was instrumental in building Capri to a diversified real estate investment firm with $8 billion in real estate equity and debt investments under management. Prior to Capri, Mr. Carter held investment positions with Westinghouse Credit Corporation and Continental Illinois National Bank.
Mr. Carter holds a Master’s in Architecture and a Master’s in Business Administration, both from the Massachusetts Institute of Technology. He received a Bachelor of Science degree in Architecture from the University of Michigan. Mr. Carter serves on the Visiting Committee of the MIT Sloan School of Management. In 2015, Mr. Carter received the MIT Sloan School Distinguished Alumni Award and served as the 2015 commencement speaker for the Sloan School MBA graduation.
Mr. Carter is a Past Chairman of the National Multifamily Housing Council. Previously, he served as an independent director on the boards of the following companies: Catellus Development Corporation (CDX), Silver Bay Realty Trust (SBY), and Whitestone REIT (WSR). Mr. Carter currently serves on the board of Bridge Housing, one of the largest affordable housing non-profit in the U.S. Mr. Carter is a 2022 inductee into the Multifamily Executive Hall of Fame.
Jeffrey M. Bramson
Senior Managing Director & Los Angeles Office Co-Head JLL Capital Markets, America | JLL
Jeff is a Senior Managing Director and co-head of the Los Angeles Capital Markets Business. He joined JLL as part of the HFF acquisition in 2019 and, at the time, was responsible for overseeing the investment advisory business in Chicago for JLL Capital Markets. Jeff relocated to Los Angeles in January 2022 and specializes in investment sales advisory throughout the greater Los Angeles area.
Since joined HFF in 2005, he has closed more than $13 billion of investment advisory transactions. Jeff became the co-head of the Chicago office in 2014 and oversaw the business which more than doubled gross revenues during his tenure. Throughout this time, Jeff worked on notable, record-setting transactions such as the Blackstone/Equity Office Properties portfolio sale, 300 North LaSalle and the McDonald’s Global Headquarters building.
Jeff has been in the real estate transaction business since 1990. Prior to joining HFF, he was a co-founder and partner at Cooper Conlin Partners, where he specialized in investment brokerage for Chicago and other Midwest cities. Prior to that, he was a senior director of acquisitions and development with Tishman Speyer Properties, director of acquisitions for Equity Office Properties Trust and a vice president of capital markets at JMB Realty Corporation.
Moussa Diop, Ph.D.
Associate Professor | USC Sol Price School of Public Policy
Dr. Diop most recently held the position of Assistant Professor of Real Estate and Urban Land Economics at the University of Wisconsin-Madison. He was also a Visiting Scholar, Consumer Finance Institute at the Federal Reserve Bank of Philadelphia and formerly the Vice President, Corporate banking for HSBC Bank.
Dr. Diop’s primary research focus is on the effects of regulations and real estate rental market outcomes and mortgage securitization, particularly the mortgage servicing industry. He has also examined the effects of corporate real estate ownership and market structure on firm risk and returns. He’s published in the Journal of Real Estate Finance and Economics, the Journal of Urban Economics, Economic Development Quarterly and Real Estate Economics, where he currently serves on the editorial board.
Dr. Diop received the Edwin S. Mills Real Estate Economics 2018 Best Paper Award, American Real Estate and Urban Economics Association, and the 2016 Outstanding Referee Award from Real Estate Economics. He was also the Homer Hoyt Institute Weimer School of Advanced Studies in Real Estate and Land Economics 2016 Postdoctoral Honoree.
In addition to his Ph.D., Dr. Diop earned an M.A. in economics from the Storrs School at the University of Connecticut, an MBA in finance from the University of Missouri-Columbia, and a B.S. in Civil Engineering from INSA-Lyon, France.
Richard K. Green, Ph.D.
Director and Lusk Chair in Real Estate | USC Lusk Center for Real Estate
Dr. Green holds the Lusk Chair in Real Estate and is Professor in the Sol Price School of Public Policy and the Marshall School of Business. He recently finished a year as Senior Advisor for Housing Finance at the US Department of Housing and Urban Development, and as of July 1, 2016 became a Trustee of the Urban Land Institute. Prior to joining the USC faculty, Dr. Green spent four years as the Oliver T. Carr, Jr., Chair of Real Estate Finance at The George Washington University School of Business. He was Director of the Center for Washington Area Studies and the Center for Real Estate and Urban Studies at that institution. Dr. Green also taught real estate finance and economics courses for 12 years at the University of Wisconsin-Madison, where he was Wangard Faculty Scholar and Chair of Real Estate and Urban Land Economics. He also has been principal economist and director of financial strategy and policy analysis at Freddie Mac. He is or has been involved with the Lincoln Institute of Land Policy, the Conference of Business Economists, the Center for Urban Land Economics Research, and the National Association of Industrial and Office Properties. Dr. Green also is a Weimer Fellow at the Homer Hoyt Institute, and a member of the faculty of the Selden Institute for Advanced Studies in Real Estate. He was recently President of the American Real Estate and Urban Economics Association.
Dr. Green earned his Ph.D. and M.S. in economics from the University of Wisconsin-Madison. He earned his A.B. in economics from Harvard University. His research addresses housing markets, housing policy, tax policy, transportation, mortgage finance and urban growth. He is a member of two academic journal editorial boards, and a reviewer for several others. His work is published in a number of journals including the American Economic Review, Journal of Economic Perspectives, Journal of Regional Science, Journal of Real Estate Finance and Economics, Journal of Urban Economics, Land Economics, Regional Science and Urban Economics, Real Estate Economics, Housing Policy Debate, Journal of Housing Economics, and Urban Studies. His book with Stephen Malpezzi, A Primer on U.S. Housing Markets and Housing Policy, is used at universities throughout the country, and he recently published a book, Introduction to Mortgages and Mortgage Backed Securities. His work has been cited or he has been quoted in the New York Times, The Wall Street Journal, The Washington Post, the Christian Science Monitor, the Los Angeles Times, Newsweek and the Economist, as well as other outlets. He spoke at the 31st annual Federal Reserve Bank of Kansas City Economic Symposium, and he has testified before US Senate and House Committees, as well as California Assembly Committees. The National Association of REALTORS, the Ford Foundation, and the Lincoln Institute for Land Policy have funded grants to support some of Dr. Green’s research. He consults for the World Bank.
Mark A. Jacobs
Managing Director, Co-Portfolio Manager | Oaktree Capital Management, LP
Mark Jacobs joined Oaktree in 2001. He is a managing director and co-portfolio manager of the Real Estate Income strategy. Mr. Jacobs is responsible for sourcing, evaluating, executing and managing equity and debt investment opportunities across all property types. His primary focus is on commercial assets on the West Coast. Mr. Jacobs also oversees the group’s commercial non-performing loan business. Prior to joining Oaktree, he spent seven years with American Trading Real Estate Properties, Inc. / Lord Baltimore Properties.
Mr. Jacobs holds a B.S. degree in business administration and an M.B.A. from the Marshall School of Business at the University of Southern California. He is actively involved with NAIOP, the Commercial Real Estate Development Association, and Urban Land Institute. Mr. Jacobs is a member of the Executive Council of the USC Lusk Center for Real Estate.
Matthew E. Kahn
Provost Professor of Economics and Spatial Sciences | USC Dornsife College of Letters, Arts and Sciences
Matthew E. Kahn focuses his research on urban and environmental economics.
He is a Provost Professor of Economics and Spatial Sciences at the University of Southern California. He is a research associate at the National Bureau of Economic Research and a research fellow at IZA.
From July 2019 to July 2021, he was the Bloomberg Distinguished Professor of Economics and Business at Johns Hopkins University and the Director of JHU's 21st Century Cities Initiative. He has taught at Columbia, the Fletcher School at Tufts University, UCLA, Harvard, and Stanford. In the summer of 2013, he was the Low Tuck Kwong Distinguished Visiting Professor at the National University of Singapore.
In January 2021, Johns Hopkins Press published his new book Unlocking the Potential of Post-Industrial Cities (joint with Mac McComas). He also is the author of Green Cities: Urban Growth and the Environment (Brookings Institution Press 2006) and the co-author (joint with Dora L. Costa) of Heroes and Cowards: The Social Face of War (Princeton University Press 2009). He is also the author of Climatopolis (Basic Books 2010) and Blue Skies over Beijing: Economic Growth and the Environment in China (joint with Siqi Zheng published by Princeton Press in 2016). He has also published three other Amazon Kindle books on urban economics and microeconomics.
In March 2021, Yale University Press published his book titled Adapting to Climate Change.
Jaime Lee
Chief Executive Officer | Jamison Group of Companies
Jaime Lee is the Chief Executive Officer of the Jamison group of companies which controls over 13 million square feet of office and retail properties throughout Southern California and has developed over 3,900 multifamily units in the City of Los Angeles. The privately-held, family-run business has been one of the largest commercial landlords in the region for the past twenty-five years. Since 2014, it has quickly become one of the most active multifamily developers in Los Angeles with over 2,000 adaptive reuse and ground-up units currently under construction and a total pipeline of 10,000 units.
Earning both BA and JD degrees from the University of Southern California, the Los Angeles native currently sits on the USC Board of Trustees. She is also a member of the Board of Councilors for the USC Dornsife College of Letters, Arts and Sciences, a Chairman member of the USC Associates, and a regular lecturer at USC Dornsife College and the USC Marshall School of Business. A long-time university volunteer, Jaime previously served as President of the USC Alumni Association Board of Governors and President of the USC Asian Pacific Alumni Association Board of Directors. Jaime is active with her high school alma mater, where she is a member of the Harvard-Westlake Board of Trustees and a founding board member of the Korean American Alumni Network as well as the inaugural HW Diversity, Equity and Inclusion Council.
Jaime is also involved in a number of civic, philanthropic, and industry organizations at the city, state, and community levels. Appointed by Los Angeles Mayor Eric Garcetti, she was elected President of the Board of Harbor Commissioners for the Port of Los Angeles in April 2018, the largest container port by trade volume in the western hemisphere. She also serves on the Mayor’s International Advisory Council. She previously served the City of Los Angeles for four years as President of the Los Angeles City Employees’ Retirement System Board of Administration, which oversees the City’s $17 billion employee pension fund, and on the boards for the Industrial Development Authority and the Quality and Productivity Commission. She currently serves the State of California on the California Film Commission and is active in the community as a board member of the Los Angeles Organizing Committee for the Olympic and Paralympic Games 2028, the Los Angeles World Affairs Council & Town Hall, and the Anderson Munger Family YMCA. She is a member of YPO’s Bel Air Chapter.
Recognized for her professional and civic contributions, Jaime was named one of the 500 most influential people in Los Angeles by the Los Angeles Business Journal in 2018, 2019, 2020, and 2021 and was honored by Asia Society Southern California as their 2020 Urban Visionary.
She lives in Los Angeles with her husband and three children.
Anita Paryani-Rice
Executive Managing Director, Capital Markets Finance | Newmark
Anita Paryani-Rice is an Executive Managing Director based in Newmark’s Century City and Newport Beach offices who specializes in the origination of a full range of debt and structured finance products for multifamily, office, retail, hotel, industrial and other commercial assets nationwide, including Fannie Mae, Freddie Mac, CMBS, Life Company, Bank, Mezzanine and Bridge/Debt Fund Loan executions.
Paryani-Rice has more than 25 years of experience in the commercial real estate industry specializing in the placement of debt and equity transactions throughout the United States, having placed more than $5 billion in transactions for an array of property types, including multifamily, retail, industrial, office and hotel. Prior to joining Newmark, Paryani-Rice was with Institutional Property Advisors. Before that, she spent time at HFF and Lincoln Property Company. She has been honored with numerous awards including “Rainmaker” by Real Estate Forum, Bisnow’s Power Women and “Women of Influence” by the LA Biz Journal.
Paryani-Rice is actively involved with USC as part of the USC Lusk Center Executive Center, USC Associates and Cardinal and Gold. She also serves on the board for the Progressive Osseous Heteroplasia Association, which works to find a cure for the rare bone disease afflicting her son.
Todd T. Popovich
Senior Vice President & Regional Manager | HSBC Bank USA, NA
Todd has more than 25 years of real estate banking experience. His banking career started in 1995 with the Large Corporate Real Estate Group at Bank One (now JP Morgan Chase). Todd was recruited to Wells Fargo in 1999 when he joined the Real Estate Banking Group at the headquarters office in San Francisco. Upon promotion, Todd relocated to the Real Estate Banking Group office in Los Angeles in 2003. As an Executive Vice President and Regional Manager, Todd managed a multi office geography with a team of 30 and a portfolio exceeding $7 Billion. Todd managed real estate originations, underwriting, risk and portfolio management for sponsors based in Los Angeles, Hawaii and larger institutional sponsors in Arizona and Nevada. Todd maintained $20,000,000 of independent credit approval authority while running the $150,000,000 annual revenue P&L. In 2018, Todd joined HSBC as a Senior Vice President and Regional Head based in Los Angeles. At HSBC, Todd and team are focused on larger institutional clients based in the western United States, along with international sponsors active in the United States.
Todd has been directly involved in originating nearly $20 Billion in loans over his career with a focus on lending to opportunity funds, public and private real estate investors, operators, developers, homebuilders, family offices, REITs, joint venture vehicles and international sponsors. Todd has demonstrated expertise in real estate lending secured by nearly all product types, loan-on-loan, recourse and non-recourse lending both senior and mezzanine, syndicated credits, construction and bridge lending, repositioning finance, perm loans, term loans, revolving lines of credit, unsecured loans both revolving and term along with providing general banking products and services. Todd is adept at recruiting, developing and managing diverse and inclusive teams and has over 15 years of P&L management experience.
Marco Sessa
Senior Vice President, Land Development/Residential | Sudberry Properties, Inc.
Marco Sessa is a Principal/Partner at Sudberry Properties in charge of all aspects of the development of Civita, a 230-acre urban village currently under development on the site of a former quarry in San Diego’s Mission Valley, and Henderson West, a 103-acre mixed-use project in Henderson, Nevada.
Sessa is also responsible for Sudberry’s portfolio of apartment communities, including more than 1,350 luxury units in Civita, 260 apartments in Scripps Ranch and 268 units in Oceanside’s El Corazon community.
Before joining Sudberry Properties in 2002, Sessa was associated with Reno Contracting, Inc., where he managed the construction operations of 670,000 square feet of build-to-suit office developments.
Sessa was the 2013 Chairman of the San Diego Building Industry Association (BIA). Currently, he is the vice-chair of the BIA PAC and a member of the BIA’s Urban Council. He is also a member of the Urban Land Institute, the International Council of Shopping Centers, and Circulate San Diego. His civic involvement includes past board memberships with the Mission Valley Planning Group and the Mission Valley YMCA.
Sessa graduated with honors from the University of Southern California with a Masters of Real Estate Development degree from the School of Policy, Planning, and Development. He also holds bachelor’s and master’s degrees in Civil Engineering (emphasis Construction Engineering Management) from the University of Colorado.
Kathryn M. Wallace
Senior Executive Vice President, Greater Los Angeles Region | Colliers International
Bursting onto the commercial real estate scene in 1997, Kitty quickly rose through the ranks to become an authority in the multifamily market. She has continued to set and surpass performance goals both within the organizations she’s been a part of and the industry altogether. During her accomplished career, Kitty has closed more than 400 transactions that exceed $3 billion in total value while achieving record-breaking prices per unit and square foot. She is consistently recognized as one of the top multifamily brokers in Los Angeles and has amassed a multitude of industry accolades over the years.
Kitty joined Colliers International in January 2010 as Executive Vice President, specializing in investment sales of apartment buildings, land development, condominium conversions, student housing, affordable housing and special assets throughout California and the Western U.S. She previously served as Senior Vice President for Sperry Van Ness where she ranked as the company’s #1 multifamily advisor and #1 rolling agent across all product types nationwide.
Touted by the media as a multifamily expert in Southern California, Kitty has been quoted in such publications as the Los Angeles Times, BisNow, GlobeSt.com, the Los Angeles Business Journal, Multi-Housing News and Multifamily Executive Magazine, among others. She has also served as both moderator and panelist at numerous real estate conferences including RealShare, Apartment Finance Today, BisNow, ULI and Crittenden. EDUCATION AND QUALIFICATIONS
BS, Business Administration University of Southern California
CA License # 01218779
AFFILIATIONS
- USC Lusk Center for Real Estate Executive Committee
- ULI Urban Development and Mixed-Use Council
- GreenPearl Advisory Board
- IRETO Advisory Council
- Upward Bound House Board
- NMHC Advisory Committee