The Real Estate Summit

The 2018 Real Estate Summit: Reclaiming California’s Housing Future

This event has taken place. Download the Catalyst Report to see all of the action items from the 2018 Summit.

Housing in California continues to be one of the state’s most pressing challenges, presenting an ever-growing threat to the state’s economic vitality.

Drawing on its mission to advance housing industry knowledge and innovation, on September 6, 2018, the Center for California Real Estate presented its third Real Estate Summit. Featuring leaders from real estate, finance, academia, public policy, and government agencies, the Summit served as a catalyst for meaningful solutions to the housing affordability crisis and inform the policy agenda in the year ahead.

The three panel sessions featured a broad-based agenda, covering such issues as housing supply and development at the local and regional levels, key housing ballot initiatives, demographic trends, homelessness, livability patterns, and policy challenges.

Featured Panels:

Delivering Solutions for California’s Top Housing Challenges


Setting the agenda for the industry and policy-makers, this panel:

• Reframed challenges to California’s housing supply and provide solutions
• Analyzed the state’s current homelessness situation
• Reviewed key ballot initiatives, such as Costa-Hawkins
• Determined the role of the private sector in solving the affordability crisis

Fixing Housing Supply at Regional and Local Levels

Moderator: Carol Galante, I. Donald Terner Distinguished Professor in Affordable Housing and Urban Policy and the Faculty Director of the Terner Center for Housing Innovation
• Vince Bertoni, Director of Planning, City of Los Angeles
• Deborah Ruane, Executive Vice President and Chief Strategy Officer, San Diego Housing Commission
• William Huang, Director of the Housing Department, City of Pasadena
• Colin Parent, Executive Director and General Counsel, Circulate San Diego, and City Councilmember, City of La Mesa
• Ted Egan, Chief Economist, City and County of San Francisco
• Paavo Monkkonen, Associate Professor of Urban Planning, UCLA Luskin School of Public Affair
• Leslye Corsiglia, Executive Director, Silicon Valley at Home (SV@Home)

Drawing upon the knowledge of seasoned land use and development experts, this panel:

• Explored how policymakers can incentivize and finance housing construction to spur development
• Promoted transparency and accountability in the permitting process
• Roadmapped the policy changes required to ease the state’s housing construction backlog



Mapping the Future of California: Where and How Will Californians Live?

Moderator: Brad Inman, founder, Inman News
• Dowell Myers, Professor of Policy, Planning, and Demography, USC Sol Price School of Public Policy
• Adhi Nagraj, San Francisco Director, San Francisco Bay Area Planning and Urban Research Association (SPUR)
• Pete Peterson, Dean of the School of Public Policy, Pepperdine University
• Joshua Schank, Chief Innovation Officer, Los Angeles Metropolitan Transportation Authority (LA Metro)
• Sarah Hunter, Senior Behavioral and Social Scientist, RAND Corporation
• Jeff Wilson, Co-Founder, Kasita
• Marty Borko, Executive Director, Urban Land Institute, Los Angeles

Featuring a disparate array of thought leaders who will discuss livability trends and demographic patterns with an eye toward ascertaining how Californian’s will live and work in the future, this panel:

• Decoded the demographic, technological and economic shifts destined to mold future California communities
• Analyzed how the concept of place-making can help future communities
• Addressed transportation and urban planning issues


2018 Summit Keynote Speaker

California State Senator Scott Wiener


2018 Summit Opening Session


2016 Real Estate Summit: Housing Affordability and California’s Future
On November 10, 2016, industry leaders from financial institutions, government agencies, academia, real estate, public policy, business, and investing gathered for an invitation-only event hosted by the Center for California Real Estate and the CALIFORNIA ASSOCIATION of REALTORS®. The 2016 Real Estate Summit focused on affordability – the state’s most pressing housing issue. Three private roundtable panels discussed the policy, economics, and real estate aspects of housing affordability. Participants engaged in deliberate and impactful discussions with the goal of generating cogent action items for the state of California via the valuable input of stakeholders and thought leaders.

Watch video coverage of the event and each panel

Read the Summit Report

2016 Summit Program
Housing Affordability in a Post-Brown California: Policy Solutions for the Next Administration

Moderator: Pete Peterson, Dean, School of Public Policy, Senior Fellow, Pepperdine University
Panelists: Ben Metcalf, Director, California’s Department of Housing and Community Development
Matt Schwartz, President & CEO, California Housing Partnership Corporation
Jennifer Hernandez, Partner, Land Use/Environment Group, Holland & Knight
Andy Agle, Director, Housing and Economic Development, City of Santa Monica
Sarah Letts, Executive Director, Hollywood Community Housing Corporation

The Economics of Housing Affordability
Moderator: Joel Singer, Chief Executive Officer, CALIFORNIA ASSOCIATION OF
Panelists: Richard Green, Director and Chair, USC Lusk Center for Real Estate
Michael Lens, Assistant Professor, Urban Planning, UCLA Luskin School of Public Affairs
Nela Richardson, Chief Economist, Redfin
David Min, Assistant Professor, Law, UC Irvine

Residential Real Estate Development and Affordability: Supply, Zoning, and Land Use in California
Moderator: Liam Dillon, Journalist, Los Angeles Times
Panelists: Richard Lyon, Senior Vice President, Public Policy, California Building Industry Association
Hasan Ikhrata, Executive Director, Southern California Association of Governments
Nicholas Marantz, Assistant Professor, Planning, Policy & Design, School of Law, UC Irvine
Ann Sewill, VP, Housing & Economic Opportunity, California Community Foundation

Keynote Speaker: Carol Galante, I. Donald Terner Distinguished Professor in
Affordable Housing and Urban Policy; Faculty Director, Terner Center for Housing Innovation, UC Berkeley

 2014 Real Estate Summit: Partnering for Change in California
(Read a full recap of the event in California Real Estate Magazine)
On November 14, 2014, an audience of nearly 300 real estate executives and practitioners, industry stakeholders, economists, and policymakers gathered in Los Angeles for the inaugural Real Estate Summit: Partnering for Change in California, which featured a keynote speech from U.S. Secretary of Housing and Urban Development Julián Castro. Convened by the Center for California Real Estate and the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.), this day-long conference examined real estate’s role in driving the state’s economic future, as well as other issues beyond residential real estate. This inaugural event was held in partnership with the state’s top universities, including UCLA's Ziman Center, USC's Lusk Center, UC Irvine's Center for Real Estate, Berkeley’s Fisher Center for Real Estate, UCLA’s Anderson Forecast, and Stanford's Professionals in Real Estate (SPIRE).

The Summit brought together influential economists, policymakers, and business leaders to dissect and suggest solutions to the state’s biggest economic and real estate challenges, including housing affordability, homeownership, infrastructure, foreign investment, consumer trends, housing finance, and California's business environment. Attendees of this exclusive, invitation-only event were comprised of industry leaders from financial institutions, government agencies, academia, real estate, public policy, business, and investing

The highlight of the day was a keynote luncheon speech by HUD Secretary Julián Castro, a California-educated leader who, in a very short period of time, has made a significant impact on the communities he’s served. He spoke about the need for housing finance reform and expanding access to credit to help families who are recovering from the great recession—and doing everything right—rebuild the American dream. He added that it’s time to remove the stigma from promoting homeownership and wants to make helping responsible people buy their first home one of his top priorities.

Watch video coverage of the event and each panel below:


Summit Keynote Speaker:

    Julián Castro
    Secretary of HUD

Partner Speakers:

Kerry Vandell
UC Irvine, Director of the Center for Real Estate

           Richard Green
USC, Director of the Lusk Center for Real Estate

           Stuart Gabriel
UCLA, Director of the Ziman Center for Real Estate
           Ken Rosen
UC Berkeley, Chair of the Fisher Center for Real Estate
           Ed Leamer
UCLA, Director of the Anderson Forecast

Summit Panelists:

Bill Lockyer
California State Treasurer

           Anna Caballero
Secretary of CA's Business, Consumer Svcs & Housing Agency

           Dan Schnur
Executive Director of the Jesse M. Unruh Institute of Politics at USC
           Tim Quinn
Director of the Association of California Water Agencies
           Perry Wong
Managing  Director, Research, at The Milken Institute
Sonny Abbasi
Director of Mortgage Policy, Structured Finance Industry Group (SFIG)
           Ruben Rojas
Deputy Director of CA Infrastructure and Econ. Development Bank
           Dale Bonner
Executive Chairman of Plenary Concessions
           Julia Gouw
President and COO of East West Bank
Chris Porter
VP / Chief Demographer at John Burns Real Estate Consulting

Frank Mottek
Award-winning broadcast journalist
           Ken Rapoza
Forbes Journalist Covering BRIC Nations and China
           Joel Singer
           Claudia Cappio
Director of Dept. of Housing and Community Development
  David Stevens
CEO of Mortgage Bankers Association
Elinor Ochs
UCLA, Professor of Anthropology, Director of Center on Everyday Lives of Families
           J. Walker Smith
Executive Chairman of The Futures Company
           Ron Loveridge
Director, UCR Center for Sustainable Suburban Development
           Leslie Appleton-Young
  Rick Davidson
CEO of Century 21 Real Estate, LLC

2014 Summit Program:

State of the State: Assessing the Effects of California’s Infrastructure Challenges
California’s water supply, deteriorating infrastructure, and insufficient transportation corridors pose significant challenges to future housing markets. Experts examine how to accommodate population growth as well as solutions that promote economic prosperity amid these infrastructure challenges.

The Impact of Foreign Investment on California’s Economy
Foreign investors spend billions on U.S. real estate—particularly in California. This discussion analyzes how these buyers continue to affect the overall housing market, the role they play in the state’s economy, and what’s on the horizon for foreign investment in California.

Housing in the 21st Century: Changing Demographics and Consumer Trends
Discussants assess how consumer decisions now and in the future, as well as key demographic shifts, are shaping how and where people live in a fascinating look at the potential of communities to evolve in the 21st Century.

Solutions for a Recovering Market: Housing Affordability and Financing Homeownership
With home prices rising faster than both incomes and rent as the country continues its slow climb out of the Great Recession, economists and financial experts provide an overview of hurdles in the housing market. This panel will evaluate how interest rates, access to capital, and price increases all present significant challenges to homeownership.

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