ULI Houston - Leadership Series: The Rise of Single Family Rental


Thursday, October 29th, 2020
12:00pm - 1:00pm CDT




Standard Pricing Until October 29 Members Non-Members
Private $20.00 $30.00
Public/Academic/Nonprofit $20.00 $30.00
Retired $20.00 N/A
Student $20.00 $30.00
Under Age 35 $20.00 $30.00
An emerging new asset class, single family rental homes are one of the types of housing most in demand. This underserved market segment, that is discussed in a June 2020 report by ULI’s Terwilliger Center and RCLCO: Family Renter Housing: A Response to the Changing Growth Dynamics of the Next Decade, is getting a lot of attention from developers and investors  around the country. Our expert panel will talk about this emerging asset class and who is looking to develop and invest in Texas and beyond. 
12:00-12:45 Panel Discussion
12:45-1:00   Networking Q&A with Panelists 

”TLaRue"Todd LaRue
Managing Director

Todd joined RCLCO in 2004 and leads our Austin, Texas office. Todd manages and directs engagements for developers, land owners, investors, and public sector entities seeking strategic development, investment, and/or planning advice regarding their real estate. His work is focused on providing strategic guidance for master-planned communities, high-rise mixed-use developments, resorts, and other complex, multi-use, large-scale land use challenges. For these engagements, he conducts highest and best use analyses, market opportunity analyses, consumer research, economic development assessments, financial analyses, fiscal impact analyses, metropolitan growth trends analyses, and various other analytical tasks to help guide clients’ planning decisions and development strategies.

Prior to joining RCLCO, Todd’s professional career includes over seven years of experience in construction management with Skanska in Atlanta, GA and W. H. Bass, Inc. in Norcross, GA. Much of his work was concentrated on managing ground-up construction projects in retail, banking, education, and telecommunication as well as interior build-outs of high-rise office buildings. He received his Master of Business Administration (finance and real estate) from Emory University and a Bachelor of Science in Civil Engineering from the University of Virginia. He is an active member of the Urban Land Institute, serving on ULI Austin’s Advisory Board and the Community Development Council (CDC-Black), and has been a guest speaker/lecturer/panelist at numerous real estate industry events and universities.


Ronald Bonneau
Managing Director

Ron Bonneau joined PCCP in December 2009. Mr. Bonneau is responsible for equity and debt originations in the Southwestern United States, Texas and Hawaii. He also serves as Fund Manager for two of PCCP’s workout investment vehicles. Prior to joining PCCP, Mr. Bonneau was an Associate at Lehman Brothers Real Estate Mezzanine Partners, Lehman's real estate private equity mezzanine platform. While at Lehman, Mr. Bonneau's responsibilities included the origination, asset management, and restructuring of over $900 million in real estate investments across a variety of property types and debt structures. Prior to Lehman Brothers, Mr. Bonneau worked as an Asset Manager for TriMont Real Estate Advisors, where he managed a real estate portfolio of equity and debt investments totaling over $2 billion for AIG, Barclays, Fannie Mae, Hypo Bank, and Lehman Brothers. Mr. Bonneau received a B.S. in Managerial Economics from the University of California, Davis.

”Andy"Andy Carmody
Managing Director
Andy Carmody serves as co-head of Tricon’s U.S. residential development business, including build-to-rent community development. In this role, Mr. Carmody designs and implements strategy, manages senior relationships with key stakeholders, sources investment opportunities, and oversees the investment team responsible for business plan execution and asset management. He is also responsible for overseeing Tricon’s master planned community development platform operated through the Johnson Companies LP.
Mr. Carmody has extensive experience in the acquisition, planning, development and asset management of large-scale master planned and mixed-use communities. He has over 20 years of diverse experience in real estate, business strategy, new business development, product development, marketing, manufacturing and operations across a wide range of industries.

Before joining Tricon in 2017, Mr. Carmody was President, Residential at Crescent Communities where he led all aspects of business strategy, acquisitions, entitlements, planning & design, development & construction, asset management and operations across a portfolio of 18 master-planned communities. Prior to that, Mr. Carmody was Senior Vice President at Kitson & Partners responsible for investment strategy, land acquisition and early-stage investment management for an institutionally-backed real estate investment platform. He has also held roles as a Director of Strategic and Operational Marketing at Centex Homes and as an Engagement Manager at McKinsey & Company, a global management consulting firm. Mr. Carmody has significant technical experience in a variety of engineering roles, including prior work as an Engineering Specialist at The Boeing Company and Plant Manager at Amerigon, Inc.

Mr. Carmody holds a Master of Business Administration degree from Harvard Business School and a Bachelor of Engineering degree from the University of Michigan. He is currently a member of the Community Development Council of the Urban Land Institute.

”Jacque"Jacque Petroulakis
Executive VP Marketing & Investor Relations

Jacque Petroulakis oversees marketing initiatives and brand strategy, responsible for positioning Avilla Homes as an innovative housing option for consumers seeking a luxury leased living experience like no other. In addition to driving brand affinity and vision, she oversees NexMetro's investor relations and strategic communications. Jacque has 20+ years of homebuilding experience from corporate communications and marketing, to zoning entitlements and government relations. Formerly with PulteGroup and Del Webb, she was involved in the start-up, brand development and strategic marketing for large-scale master planned communities, including serving as president of the community council of the 12,000-unit Anthem MPC. She attended the University of Arizona, majoring in Journalism and Spanish.