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Speakers and Panels

Daryl Carter

Daryl Carter

Chairman & CEO

Avanath Capital

Tonja Boykin

Tonja Boykin

COO

Weingart Center

Eddie Lorin

Eddie Lorin

CEO & Founder

Strategic Realty Holdings

Daryl Carter

Chairman & CEO

Avanath Capital

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 $2.5 billion of properties in 13 states in the U.S., comprising 12,000 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 has 40 years of experience in the commercial real estate industry. Previously, he was an Executive Managing Director of Centerline Capital Group. 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 was Regional Vice President at Westinghouse Credit Corporation and a Second Vice President at Continental 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, Mr. Carter 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).

Tonja Boykin

COO

Weingart Center

Tonja Boykin joined the Weingart Center in 2016 to serve as its Chief Operating Officer. Tonja has 28 years working as a high-performing nonprofit management executive with national and regional expertise in building/optimizing organizational processes, measurement systems, and infrastructure to maximize business results in philanthropy, resident programs and permanent and affordable housing development industries. She is a skilled strategist who transforms strategic plans into workable solutions and benchmarks performance against key operational targets/goals. Tonja is recognized as a national leader in community organizing, program development and strategic initiatives focused on the hardest to serve populations including families, youth, seniors, and individuals experiencing homelessness or at risk of losing their housing.

Prior to joining the Weingart Center, Tonja served as the Chief Operating Officer for Skid Row Housing Trust and the Regional Director of Philanthropy for Mercy Housing California. Tonja’s career with Mercy Housing began in 2001 and she served in various regional and national capacities throughout her fourteen year career there. Her early working life began as a program liaison in Mayor Richard Riordan’s office for L.A.’s Best After-School Enrichment program. She was also a Program Director at the Weingart Urban Center YMCA and a Senior Development Associate at Netzel Associates prior to joining Mercy Housing.

Tonja studied at Pepperdine University in Malibu, California, Pacific Oaks in Pasadena California, and the Fashion Institute Design and Merchandising in Los Angeles, California.

Eddie Lorin

CEO & Founder

Strategic Realty Holdings

Eddie Lorin is managing member and co-founder of Strategic Realty Holdings. He is a real estate owner, developer and acting principal. Through the course of his career, Eddie has successfully acquired more than 200 properties; 40,000 units contained in over $4.2 billion in real estate.

Eddie is one of the original “mission-oriented investors” before impact investments focused on delivering a triple bottom line…financial, environmental and social returns to its investors, residents and its stakeholders. Eddie is a member of the EIG and the Novogradac coalitions for Opportunity Zones.

Eddie is also co‐founder of the 501c3 HAPI Foundation with his wife Jane which was

developed to promote health and wellness in low-income apartment communities.

Earning his bachelor's degree from the University of California, Los Angeles and has been a licensed California real estate broker since 1988. He has two college-age daughters and lives in Westlake Village, CA with his wife.

Summary

  1. How is the coronavirus impacting production of affordable housing?

  2. Will a looming recession impede funding of affordable housing?

  3. How are affordable housing owners responding to rent forbearance?

  4. While affordable housing can be a steady investment in a downturn, will investors be convinced to take the risk?

  5. What programs are owners of affordable housing putting in place to help their residents?

Agenda

Time Activity
6:00 PM
6:30 PM
LA Affordable Housing & Coronavirus

How to Maintain Production & Financing During & After the COVID-19 Outbreak

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