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Berkeley at a Crossroads

Investment, Development, Project Feasibility and the City's Next Chapter

Patrick Kennedy

Patrick Kennedy

Owner

Panoramic Interests

Nhan Nguyen Le

Nhan Nguyen Le

CEO & Founder

Valiance Capital

Alan Dones

Alan Dones

CEO

Strategic Urban Development Alliance

Elizabeth Redman Cleveland

Elizabeth Redman Cleveland

Chief Strategist, Sustainable Growth / Economic Dev

City of Berkeley

Mona Lovgreen

Mona Lovgreen

Partner

DIALOG

Julie Baccelli
Moderator

Julie Baccelli

VP of Acquisition & Corporate Affairs

Build Group

Patrick Kennedy

Owner

Panoramic Interests

Patrick Kennedy is the owner of Panoramic Interests, a development firm that has been building housing, live-work space, and commercial property in the Bay Area since 1990. The firm has focused on dense, mixed-use, mixed-income, infill developments, typically financed with private funds. All of the multi-family housing projects include below market rate units. The firm’s projects incorporate the Smart Growth principles designed to discourage auto use, mitigate sprawl, encourage local business, and enhance the pedestrian streetscape. Mr. Kennedy grew up in the East Bay, and attended Claremont McKenna College, majoring in Economics and English. He is a former member of the Carpenters Union and Steelworkers Union, and the California Bar. After college, he worked as a contractor, and then attended Harvard Law School and MIT, graduating with a J.D. and a Masters in Real Estate Development. Early development work included building his own house, and renovating several small commercial properties. His hobbies include open water swimming and ultra-light backpacking, both of which have furnished surprising insights into his work in development.

Nhan Nguyen Le

CEO & Founder

Valiance Capital

Nhan Nguyen Le is the CEO and Founder of Valiance Capital, a Berkeley-based real estate investment firm specializing in value-add and ground up development in student housing and multifamily. Valiance is a vertically integrated owner-operator with over 1,000 beds under management in Berkeley. With an AUM of over $300 million, aggregated across a 26-property portfolio with a growing pipeline in Berkeley, Valiance is one of the most active and leading market participants. Valiance’s in-house property management division, The Berkeley Group, is amongst the leading specialized student housing management firms in the market, with a nearly perfect 100% year-over-year occupancy, over the past 12 years. Recently, Valiance and The Berkeley Group has become the proud student housing partner of Cal Athletics. Nhan graduated from UC Berkeley and currently lives in Elmwood, Berkeley. For more information visit: www.valiancecap.com

Alan Dones

CEO

Strategic Urban Development Alliance

Alan E. Dones is a licensed contractor, a long-time entrepreneur, an outspoken advocate of equal opportunity in employment and contracting, and an accomplished musician/producer.

Dones is principal of ADCo, LLC and managing partner and co-founder of SUDA, LLC, a firm specializing in large-scale, innovative, public agency projects and mixed-use development. SUDA has completed several landmark projects in Oakland, CA and is currently pioneering international development projects in Africa.

In 1988, Alan Dones co-founded and served as CEO of Rondeau Bay Construction, Inc. (RBC), an engineering and construction firm based in Oakland, CA. Under his leadership, RBC grew to include offices in five major US cities and completed over $70 million of construction projects.

Alan is active in a number of local and national organizations. He has worked with agencies throughout the United States to revise and enhance their small business and W/MBE policies. Currently, he is a member of the City of Oakland’s Workforce Investment Board; member of the Alameda County Health Care Foundation; and member the East Bay Conversion and Reinvestment Commission. Formerly, Dones served as president of the Northern California Chapter of the National Association of Minority Contractors; vice-chairman of the Oakland City Charter Review Committee; board member of the Oakland Chamber of Commerce; delegate to the White House Conference on Small Business; and member of the Legislative Committee for the Engineering and Utility Contractor’s Association.

As a member of the Military Conversion and Reinvestment Commission, Mr. Dones was instrumental in promoting legislation and drafting revisions to the language of the Federal Acquisition Regulations (FAR) that enhanced the ability of Women and Minority owned firms to compete for DOD and conversion related contracts.

Mr. Dones has authored several articles on minority business issues in local and National publications. He has co-authored a measure on the 1996 ballot in Oakland, California to amend Oakland’s City Charter mandating Affirmative Action programs, combating disparities in City employment and contracting. This initiative had national significance in that it is one of the first voter responses to counter the impact of the controversial anti-affirmative action California Civil Right Initiative (CCRI).

Alan Dones is executive producer and co-founder of Strategic Media Alliance, LLC (SMI) ― an international production company based in Oakland, CA.

His musical credits are many. Alan co-authored the 1981 hit single, “Be Yourself” with world-renowned bassist, Nathan East. The song appeared on singer Debra Laws’ first solo album, “Very Special” and rose to the top-ten mark on Billboard’s R&B charts [listen]. In 1981, Dones co-authored, “Go For It”, performed by Bill Summers & Summers’ Heat and featured on their classic Jam the Box album.

Alan has produced, written and performed with many of the Bay Area’s top artists, including Rodney Franklin, Ray Obeido, Larry Batiste, Jennifer Johns, Hannibal Means, Patricia Banks, Harvey Scales, David Daniel, and The Nemonics. He performed for more than a year in the award-winning and highly acclaimed San Francisco musical review, “Soul, Style & Sass.”

Elizabeth Redman Cleveland

Chief Strategist, Sustainable Growth / Economic Dev

City of Berkeley

Utilizing her partnership development, stakeholder engagement, project management, facilitation, and research skills, Elizabeth draws on her past cross-sector experience to design city policies and programs to ensure socially and environmentally responsible economic growth. Before joining city government, Elizabeth led IHS Markit’s Economic Strategy Solutions regional competitiveness consulting practice and launched the corporate Sustainable Customer Solutions initiative to help clients leverage IHS’ information, analytics and insight to achieve their own sustainability objectives. In the last decade, Elizabeth has also founded her own consulting firm (Cross Sector Strategies); designed regional industry cluster development strategies at the Economic Competitiveness Group; and advised many business associations, academic institutions, philanthropies, and non-profit organizations on a broad range of economic and workforce development topics. While her current focus is local, Elizabeth’s work experience spans the globe: she has worked on industry development and policy research projects in multiple US states, Asia, Africa, and the Middle East. In Berkeley, she leverages the leadership and knowledge of California’s life science industry leaders to foster local job creation, innovation and community well-being.

Mona Lovgreen

Partner

DIALOG

Mona Lovgreen is a Partner at DIALOG. An architect and urban designer, she specializes in large-scale mixed-use, transit-oriented, and community-focused developments across North America. Her work focuses on bringing together housing, mobility, economic development, sustainability, and public realm design to create vibrant and resilient urban communities.

Mona works closely with public agencies, developers, institutions, and community stakeholders to navigate the complexities of city-building and deliver projects that balance design excellence with economic and social impact. In addition to her professional practice, she teaches urban design at the University of California, Berkeley and serves in leadership roles with the Urban Land Institute (ULI) and SPUR, helping advance conversations around housing, mobility, and the future of cities.

Julie Baccelli

Moderator

Build Group

Julie Baccelli is a Bay Area native and construction industry veteran. Consulting to the industry for over a decade on new business development strategies and client management. At Build Group, San Francisco headquarters she is responsible for the tenant improvement projects for Bay Area hospitality, retail, and restaurants. Build Group has offices in Los Angeles, Silicon Valley and Seattle.

Can Berkeley Deliver the Housing It Needs?

Development, Investment, Policy and the Future of Affordable, Student, and Market Rate Housing

Amir Massih

Amir Massih

President

4Terra Investments

Jordan Klein

Jordan Klein

Director, Planning & Development

City of Berkeley

Riaz Taplin

Riaz Taplin

CEO and Founder

Riaz Capital

Derik DeLonzor

Derik DeLonzor

Sr. Project Manager

West Builders

Nicholas DuBroff
Moderator

Nicholas DuBroff

Partner

Allen Matkins

Amir Massih

President

4Terra Investments

Amir Massih is President, Northern California for 4Terra Investments. 4Terra Investments is an innovative and entrepreneurial multi-family development company focused on the western United States. The executive team is comprised of highly qualified, multi-disciplined industry professionals with combined experience of more than 70 years in the apartment development sector. Their expertise in acquisition, entitlement, development and construction of virtually every type of multifamily and mixed-use product is responsible for the creation of more than 30,000 units.

Jordan Klein

Director, Planning & Development

City of Berkeley

The Office of the Director provides department-wide leadership, management oversight, and policy direction for overall operations and implementation. The office oversees information technology projects, special projects and research, budget and fiscal oversight, regulatory compliance and reporting, and purchasing, payroll and accounting services for the entire Department.

Riaz Taplin

CEO and Founder

Riaz Capital

Riaz Taplin has been thinking about workforce housing for most of his professional life. Growing up in a real estate family, Riaz detoured early in his career from the family business to develop his own style by founding a design/build firm and developing over 50 ultra-luxury residences in the Bay Area. Completing his last project just before the great recession, Riaz refocused his vision to workforce housing in Oakland. Over the next decade, Riaz built a portfolio of over 1,300 units in the workforce housing category. In the process, Riaz consistently worked to innovate market-rate approaches to workforce housing, also known as naturally-occurring affordable housing. In successive projects and ventures, Riaz explored co-living, adaptive reuse micro-units, student housing, and traditional ground-up construction – all of which led to the firm’s custom workforce housing solution – the ABD Studio.

Today, Riaz leads Riaz Capital, a vertically integrated workforce housing developer and institutional-grade sponsor with a core team of over fifty professionals managing a portfolio of over 1,300 units, and with over 1,000 residences in the pipeline. Riaz is a board member of the Oakland Promise, the urban planning think tank SPUR, and co-chair of the American India Foundation SF Bay Area board. He earned a B.A. in Economic History from the London School of Economics.

Derik DeLonzor

Sr. Project Manager

West Builders

With over a decade of dedicated service at WEST Builders, Derik's project experience spans a wide variety of multifamily projects across California, ranging from the Bay Area to Orange County. This includes successfully delivering student housing, low-income developments, market-rate residences, and hospitality projects. A proud graduate of Cal Poly, SLO with a degree in Architecture, Derik leverages his background to champion WEST Builder's holistic project management approach. He takes pride in seamlessly integrating all aspects of the construction industry, from preliminary design and budget management to field operations and successful project closeout. Outside of the office, Derik holds a deep appreciation for California’s open spaces. In his free time, he can often be found hiking, biking, and backpacking throughout the Sierra Nevada mountains.

Keynote from Berkeley's Mayor

Hear Berkeley's Vision for the City's Innovation Ecosystem and Future Growth

Adena Ishii
Keynote

Adena Ishii

Mayor

City of Berkeley

Why You Won't Want To Miss This Conference:

Berkeley is entering a pivotal moment as housing projects move from planning to construction, innovation districts gain momentum, and new zoning policies reshape opportunities for growth. With demand evolving beyond the traditional student market and public-private partnerships driving investment, the city is positioning itself for its next chapter. Join the industry's leading developers, investors, and public officials to explore the trends, projects, and strategies shaping Berkeley's future.

What You'll Learn: 

  • Gain insight into the major developments in Berkeley's pipeline and the projects expected to have the greatest impact across the market.

  • Understand the outlook for multifamily and student housing development, including the opportunities and challenges shaping new construction.

  • Learn how developers, investors, and city leaders are addressing housing demand, affordability, and long-term growth.

  • Explore how Berkeley's research institutions and innovation ecosystem are creating opportunities across AI, technology, and commercial real estate.

  • Discover how today's capital markets and financing environment are influencing acquisitions, development, and investment decisions.

  • Hear how industry leaders are evaluating project feasibility while navigating evolving policies, infrastructure needs, and entitlement processes.

  • Learn how successful partnerships between the public and private sectors are driving investment and supporting Berkeley's next phase of development.

How You'll Do More Business: Join us to gain insight into Berkeley’s evolving real estate landscape, where multifamily and student housing demand remains strong. According to Matthews, over 400 multifamily units are currently under construction in Berkeley, and vacancy has stabilized around 8.0%, with leasing momentum particularly strong near UC Berkeley and transit corridors. Further, according to CBRE MarketBeat, the Bay Area life sciences sector saw net absorption turn positive in Q4 2025 for the first time in several quarters, signaling gradual improvement in lab and R&D space demand. Learn where capital is flowing, which development strategies are gaining traction, and how local stakeholders are influencing project outcomes. Walk away with actionable intelligence on emerging opportunities across multifamily, life sciences, mixed‑use development, and technology‑driven growth, and position your business to compete in Berkeley’s next chapter.

Why You Should Attend: Whether you're looking to invest, develop, finance, or do business in Berkeley, this event brings together the people making decisions across the city's real estate landscape. Hear directly from the public and private sector leaders influencing development today while building relationships that can lead to your next deal, partnership, or project.

Who You'll Network With At This Discussion: Owners, Developers, Investors, Financial Institutions, Government Officials, Architects, Construction, Designers, Brokers, & Lawyers.

For information on sponsorship, pricing and availability at this event, contact max.stein@bisnow.com. For questions, recommendations, comments or press inquiries please email our event producer, Emily Cox at emily.cox@bisnow.com. 

Berkeley News and Projects

Agenda

Time Activity
3:00 PM
4:00 PM
Networking, Breakfast & Coffee
4:00 PM
4:30 PM
Keynote with Berkeley's Mayor
4:30 PM
5:15 PM
Can Berkeley Deliver the Housing It Needs?

Development, Investment, Policy and the Future of Affordable, Student, and Market Rate Housing

5:15 PM
5:45 PM
Quick Networking Break!
5:45 PM
6:30 PM
Berkeley at a Crossroads

Investment, Development, Project Feasibility and the City's Next Chapter

6:30 PM
7:00 AM
More Networking!

Sponsors

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