Sacramento State of the Market

The Hodgson Company is a Sacramento based real estate development, land use and government advocacy firm which specializes in the entitlement and development of real estate and land use projects throughout Northern California. The Hodgson Company has been involved in some of the area’s most innovative residential and commercial developments, including master planned communities, infill development and mixed-use projects. More recently their focus has been on revitalization and mixed used development in the urban centers of the region. John Hodgson is active in both civic and volunteer organizations. He is a Full Member of the Urban Land Institute (ULI) and past Chair of the ULI Sacramento District Council. He was appointed by Governor Pete Wilson and served six years as the Chair of the Capitol Area Development Authority (CADA). In his capacity as CADA chair he is credited with contributing to the revitalization of midtown Sacramento. John currently serves as a Board member of the Downtown Sacramento Partnership and serves on its Governance Committee. He also serves on the Board and Executive Committee of the Midtown Association. He served several terms as Chair of the Sacramento Council of the North State Building Industry Association and currently serves as Chair of its Urban Infill Group focused on Sacramento downtown and midtown mixed-use development. John is a member of the State Bar of California. He is a graduate of UC Davis and King Hall (UC Davis School of Law). CURRENT/RECENT PROJECTS: 19J project (entitled sustainable 11-story mixed use building at 19th & J St, midtown Sacramento); Panhandle PUD/annexation (600 acre master plan – North Natomas); Eastern Star Building adaptive-reuse (conversion to 133 unit Hyatt House hotel in midtown Sacramento); Woodland Research & Technology Park – research park/mixed use project (350 acres – City of Woodland); Jefferson School site reuse (infill site at 16th & N Streets, midtown Sacramento); Team member of the group which successfully negotiated, designed and entitled the 16 Powerhouse mixed-use project in midtown Sacramento (infill site at 16th & P Streets); Truitt Bark Park in midtown Sacramento; Davis Innovation Center (200 acre innovation tech park – Davis)

From her early beginnings in the affordable housing sector to her leadership roles today, Katherine McFadden has consistently exemplified commitment and expertise. Beginning her journey in 1995, Katherine embarked on her career at the California Tax Credit Allocation Committee (TCAC) in Sacramento. As temporary staff, she was instrumental in assisting the TCAC staff, management, and applicants with both 4% and 9% Low Income Housing Tax Credit Applications, in addition to handling Compliance Reporting. Fast forward to today, and Katherine now leads as the Vice President for Northern California at Jamboree Housing, a pivotal role in one of the region's premier endeavors to provide unparalleled affordable housing and vital services. Her career tapestry is woven with varied experiences, each adding depth to her understanding of housing sectors. At Jamboree, Katherine not only shapes strategic directions but also plays an integral role in developing, financing, and managing affordable housing initiatives across Northern California. Her deep-seated understanding of housing finance intricacies combined with strategic vision ensures the seamless realization of housing projects. Her tenure as Vice President of Housing Development at Domus Development bore witness to her unmatched proficiency. Here, she was central to the development and financing of nine significant affordable housing properties throughout California, collectively valued at $225 million. Yet, this wasn't her inaugural large-scale initiative. During her tenure as the Finance Director for USA Properties Fund, Inc., Katherine orchestrated a remarkable $500 million in debt and equity financing, spearheading the development of over 6,000 multifamily rental housing units across California and Nevada. From her early beginnings in the affordable housing sector to her leadership roles today, Katherine McFadden has consistently exemplified commitment and expertise. Beginning her journey in 1995, Katherine embarked on her career at the California Tax Credit Allocation Committee (TCAC) in Sacramento. As temporary staff, she was instrumental in assisting the TCAC staff, management, and applicants with both 4% and 9% Low Income Housing Tax Credit Applications, in addition to handling Compliance Reporting. Fast forward to today, and Katherine now leads as the Vice President for Northern California at Jamboree Housing, a pivotal role in one of the region's premier endeavors to provide unparalleled affordable housing and vital services. Her career tapestry is woven with varied experiences, each adding depth to her understanding of housing sectors. At Jamboree, Katherine not only shapes strategic directions but also plays an integral role in developing, financing, and managing affordable housing initiatives across Northern California. One example is the successful transformation of a former hotel into the vibrant community known as Vista Nueva that is changing lives. Her deep-seated understanding of housing finance intricacies combined with strategic vision ensures the seamless realization of housing projects. Her tenure as Vice President of Housing Development at Domus Development bore witness to her unmatched proficiency. Here, she was central to the development and financing of nine significant affordable housing properties throughout California, collectively valued at $225 million. Yet, this wasn't her inaugural large-scale initiative. During her tenure as the Finance Director for USA Properties Fund, Inc., Katherine orchestrated a remarkable $500 million in debt and equity financing, spearheading the development of over 6,000 multifamily rental housing units across California and Nevada. Katherine’s engagements with public entities like the California Housing Finance Agency (CalHFA) and the Sacramento Housing & Redevelopment Agency (SHRA) are a testament to her expertise in public finance and real estate development. Her efforts with CalHFA rejuvenated and expanded affordable housing portfolios statewide, while her role at SHRA catalyzed significant affordable housing ventures that culminated in an impressive $85 million in funding. At SHRA, Katherine worked closely with Jamboree on the renovation of the Hotel Berry which is one of her most rewarding affordable housing projects to date, With contributions to non-profit entities like the Tenderloin Neighborhood Development Corporation (TNDC) and LIFESTEPS, and her for-profit experiences, Katherine presents a holistic and comprehensive approach to housing development. A graduate of Westmont College, Katherine further enhanced her academic credentials with Pre-MBA coursework from California State University Sacramento. Her commitment to sustainability is evident from her certification as a Green Building Professional from Build It Green. Outside of work, Katherine enjoys cooking, music, art and watching her youngest son play baseball. In the evolving domain of housing, Katherine McFadden remains a paradigm of expertise and dedication, synergizing her extensive public and private experiences to ensure Northern California's residents have unfettered access to quality, affordable housing.

Marisa Kolokotronis is the Director of Operations for SKK Developments managing overall operations and project development strategy. She is responsible for executing as the liaison between project stakeholders including ownership, general contractors, architects, and design consultants, and City officials and staff. Prior to joining the family business, Marisa worked for our partners, The Grupe Company, as Project Manager to three of our joint ventures; Q19 Midtown, H16 Apartments, and Eleanor Apartments. She received her BA in Urban Studies from Brown University.

Ron Brown is the President and CEO of Brown Construction, Inc. one of the Sacramento area's largest general contracting firms building multifamily and commercial projects for over 60 years. Brown Construction has over 2.7 million square feet currently under construction across 12 active multi-unit housing projects in the Sacramento area including in Midtown, Downtown, The Railyards, Roseville, Natomas, South Sacramento, and Elk Grove. Brown is locally-founded and locally-owned here in Sacramento for over 60 years. Ron established a Build It Forward program to build select community-serving projects at no profit. Beneficiaries include Yolo Food Bank, Sacramento Zoo, Fairytale Town, River Oak Center for Children, the City of West Sacramento, Davis High School, and the Yocha Dehe Wintun Nation. Ron is currently on the boards of directors for Region Business, the Sutter Davis Hospital Foundation, the Sacramento Host Committee, and Sacramento Construction Management Education Foundation (SCMEF) at Sacramento State. Ron recently served on the boards of WellSpace Health (13 years), Sacramento State University Alumni Association (8 years), and the Sacramento Regional Builders Exchange (3 years). For more than 21 years, Ron has led and mentored Sacramento State University student teams participating in the annual Associated Schools of Construction (ASC) Construction Management competition.

Tim Schaedler serves as a partner with Panattoni Development Company, one of the largest private industrial real estate development companies in the United States and Europe. Tim is responsible for the company’s development operations and investment decisions in the Northern California and Nevada markets. As partner, Tim oversees all aspects of development of office, industrial and retail projects as well as the supervision of staff personnel in three offices within the region. He manages underwriting investments, due diligence, arranging financing, development entitlements, architectural design, construction budgets, lease negotiations and dispositions. Tim has more than 23 years of experience in land entitlement, development, construction and leasing of office and industrial projects. Over the past two decades, Tim has developed more than $1.5 billion of speculative and build to suit projects for Santa Clara County, Sacramento County, Nationwide Insurance, San Joaquin County, Berlin Packaging, Southern Wine and Spirits, Amazon, Dignity Health, BMW, Volvo, FedEx, JFC International, Loomis Armored, Facebook, Allogene Therapeutics, McKesson Corporation, Home Depot and Restaurant Depot. In addition to his role at Panattoni, Tim serves on the Board of Directors for NAIOP, Sacramento Central Valley. Currently in Northern California, Southern Nevada and Northern Nevada, Panattoni Development Company has more than ten million square feet planned on more than 600 acres with a value of over $1.5 billion.

George Condon is West Region Partner of Dermody Properties and is responsible for the company’s regional portfolio as well as new industrial speculative and build-to-suit projects, acquisitions and dispositions in Northern California. Mr. Condon was previously the Principal and Founder of Sponsor Properties. He has developed more than 20 million square feet in Northern California during the last 20 years. He also served as Senior Development Manager with Panattoni Development Company and Property Manager with Hogland, Bogart + Bertero. He has extensive experience in industrial development from land acquisition to project completion. His specialties include deal sourcing, due diligence, development/repositioning, team selection, project design and budgeting, proforma and DCF development, equity and debt offerings, land acquisition, entitlements, permits, project management, marketing, leasing, tenant improvements and disposition. Mr. Condon received his bachelor’s degree from Santa Clara University and an M.B.A. from the University of California, Davis.

Denton Kelley is a Managing Principal of LDK Ventures, LLC, an entity formed with his father, Larry Kelley, with a focus on value-add real estate acquisition and development opportunities in the Western Region of the US. Mr. Kelley is responsible for identifying and executing new real estate investment opportunities. Mr. Kelley is also responsible for sourcing equity capital requirements for all LDK acquisition and development projects. Mr. Kelley is currently an owner in McClellan Business Park. Prior to joining LDK Ventures, LLC, Mr. Kelley worked as an equity research analyst at Bessent Capital (a global macro hedge fund in New York) covering financials, real estate, health care and other diversified industry sectors. Mr. Kelley worked directly with Scott Bessent, the current CIO of Soros Fund Management. Mr. Kelly spent 3 years at Robertson Stephens in the Investment Banking Division where was promoted to Associate from Analyst. The first year was dedicated to the real estate sector and he then spent the next two years banking the semiconductor and technology industries working on multiple IPO's, follow-on offerings and various other corporate finance deals. Prior to Robertson, he worked for Prentiss Properties, LLC. (an office REIT based in Dallas, TX) as an acquisition and development analyst and was also partly responsible for the asset management of the 2 million square feet office/industrial portfolio in the Southwestern US. Mr. Kelley received his Bachelors of Science in Business Administration from the University of Colorado at Boulder. He was a scholarship athlete during his collegiate tenure on the track and field team.

Dr. Sanjiv Malhotra is the founder and CEO of Sparkz—a battery start-up establishing the lithium battery ecosystem and re- engineering the battery supply chain.    Malhotra has been a leader in the energy sector for nearly three decades as a founder, investor and executive. Most recently, he served as the first director for Energy Investor Center at the U.S Department of Energy (DOE), serving under both Democratic and Republican administrations.     At US DOE, Malhotra led the Obama Administration’s initiative to boost public- private partnerships to accelerate the commercialization of technologies developed in DOE National Labs such as Lawrence Berkeley National Labs, Lawrence Livermore and the other 15 National Labs.    Malhotra was recruited to the Department of Energy after a successful exit of Oorja Protonics—the world leader in methanol fuel cells—which he founded and led as CEO for 10 years.  Oorja raised $50 Million in equity financing from leading VCs such as Sequoia, DAG Ventures, Artis Capital and others during his time at Oorja. He boosted Oorja’s revenue and profitability growth, while expanding operations globally in Japan, China, South Africa, Mexico, and India.   Oorja was acquired in 2014 by a Private Equity firm MinXing Growth Fund.   As an investor and consultant, Malhotra has worked at leading venture capital firms including Kleiner Perkins Caufield and Byers as an advisor on clean energy and advanced materials.   Earlier in his career, Malhotra led the engineering and product development team at H Power, a pioneer in hydrogen fuel cells. As part of the management team, he managed the successful IPO, which raised more than $100 million in August 2000.   He began his career as a post-doctoral fellow at the renowned Lawrence Berkeley National Labs on electrochemical storage systems. Dr. Malhotra has authored seven patents and more than 40 publications in various fields of energy storage technology and materials. He holds a PhD in chemical engineering from and an M.B.A from University of Iowa.

As Chargie’s Vice President, David is responsible for driving growth of the company’s EV charging network through the leadership and mentorship of a national sales team. He also oversees long-term partnerships with some of the largest multifamily and commercial real estate developers in the country. David brings nearly 20 years of experience in operations and management. Before joining Chargie, David led business development efforts at PCS Energy, the largest installer of commercial solar systems in Los Angeles. He also served as a founding partner of Nexcut, a leading provider of document destruction and recycling services. He holds a bachelor’s degree from Western Washington University.