AMCAL General Contractors

Mr. Pratt manages and oversees all aspects of development in Los Angeles and the surrounding counties, as well as Northern California and Texas from the company’s West Los Angeles office. His responsibilities encompass site acquisition, obtaining entitlements, feasibility analysis, project scheduling, securing public and private financing and overseeing construction and marketing.

Mr. Pratt has focused on the revitalization of urban communities for the past 20 years working in both the for-profit and nonprofit sectors. He has developed multifamily affordable, mixed-use, and transit-oriented housing, as well as single family homes. Mr. Pratt holds a Juris Doctorate and a Master of Real Estate Development degree from the University of Southern California and BA in Economics from the University of Michigan.

Mr. Nagarkatti oversees the company’s acquisition, finance/development, construction, and asset management departments and has headed up the firm’s expansion into the Texas and Washington affordable housing markets. His expertise in public financing for low-income housing is unmatched, gained through decades of experience in structuring market-rate and affordable housing financing for both residential only and mixed-use communities. He has managed the funding of more than 50 AMCAL developments since 1988.

Mr. Hubbard has more than 25 years in real estate finance and investment including: acquisition and development, project feasibility, financial reporting, budgeting, construction accounting, asset management and investor reporting. His extensive experience includes project financing, market analysis, project valuation, accounting and tax planning, and evaluating internal controls and property operations. Mr. Hubbard worked previously for Ernst & Young Kenneth Leventhal Real Estate Group and Casden Properties where he was instrumental in the financing and development of more than $1 billion of multifamily projects in Southern California. He is a licensed Certified Public Accountant in California. He graduated magna cum laude from California State University, Northridge and earned an MBA in Corporate Finance from the University of Southern California.

Mr. Hansen manages the due diligence, entitlement and design oversight of all AMCAL projects in California and Texas. He collaborates regularly with planning department staffs, and his developments are on the front line to increase housing at infill and transit-oriented locations and in redevelopment areas to accommodate the anticipated large growth in both states in future decades. Prior to joining AMCAL, he had two decades of experience with Southern California regional market-rate home builders.

Mr. Yarden oversees the financial structuring of projects in California and Texas, arranging commercial debt and equity facilities and public agency financing. He supervises the acquisition, due diligence, underwriting, and closing of new projects, manages AMCAL’s relationships with financial partners, and handles company legal matters. Mr. Yarden joined AMCAL in 2003 and has worked in the real estate and affordable housing industries, for over 20 years, including acquisitions, development, and syndication of housing projects financed with low-income housing tax credits and tax-exempt bonds. He also has served as corporate counsel for a national syndicator of housing tax credits. Mr. Yarden obtained a Bachelor’s of Science in Engineering from the University of California, Los Angeles, a juris doctorate from the University of Texas School of Law at Austin, and a Master’s Degree in Real Estate Development from the University of Southern California.

Frank B. Chang joined AMCAL in 2008 and is responsible for implementing the company’s acquisition strategies, including sourcing, underwriting, negotiating and managing acquisition opportunities. Prior to rejoining AMCAL, Mr. Chang was Director of Land Acquisitions for SummerHill Apartment Communities.   He has extensive experience in affordable housing development as Project Manager for Enhanced Affordable Development Co. and in affordable housing finance as an analyst for an investment advisory firm specializing in bond financing for municipalities and affordable housing developers. Mr. Chang earned his BS degree in Finance from the University of Southern California Marshall School of Business.

Mr. Huerta brings 15 years of multi-family construction management expertise to AMCAL, responsible for over 2,000 units throughout his career. Joining AMCAL in 2005, he has supervised construction of more than $200 million in projects. He has managed many complex projects involving high-density buildings with shoring, methane mitigation systems, caissons, low water tables, and tight infill sites with limited access. He has demonstrated acumen in conflict resolution and identifying and solving design issues. He is well seasoned in affordable market rate and student housing construction, including managing prevailing wage and LEED rated projects. Mr. Huerta attended California State University, Northridge where he received a BA in Real Estate and Finance.

Mr. McCloud joined AMCAL in April 2017 and oversees the company’s 7,000+ unit multi-family portfolio which includes affordable, market-rate and student housing assets across California, Texas and Washington.  He has taken a leadership role in optimizing the value of the portfolio through the refinance, sale and repositioning of select assets in addition to supporting key strategic functions including market research, project feasibility, operations and risk mitigation.

A graduate of the W.P. Carey School of Business at Arizona State University, Mr. McCloud brings more than 13 years of expertise in real estate development and business management both nationally and internationally.

Mr. Vaz founded AMCAL in 1978 and has led the company’s dramatic growth, developing $750 million in residential and mixed-use projects throughout California. A highly regarded leader in the affordable housing field, Mr. Vaz has spearheaded the building of 7,000 affordable apartments, raising more than $700 million in tax credit financings. AMCAL housing has changed thousands of lives by providing quality apartments and partnering with local non-profit organizations to empower residents through education and supportive services. Seeing the massive need for affordable housing in fast-growing Texas, Mr. Vaz expanded AMCAL’s operations into that market in 2012.

Mr. Vaz serves on the Board of Directors for the California Housing Consortium, an organization dedicated to advancing affordable housing and community development. He is also a member of the Southern California Association of Non-Profit Housing and the California Redevelopment Association. Entering the student housing field in 2012 to serve California universities that face a housing crisis, he quickly become a recognized expert and AMCAL a preferred builder. He is a frequent speak on affordable and student housing and urban redevelopment at major forums including Urban Land Institute, Pacific Coast Builders Conference, National Housing Conference, Building Industry Association, University of Southern California, Bisnow and numerous affordable housing groups.

Mr. Clarke joined AMCAL in September, 2011, after 18 years in multifamily development. He is responsible for the production of nearly $1 billion in market rate and student housing in 11 California communities. He formerly was CFO at Los Angeles Housing Partnership and prior to that was Director of Development at Cedar Signature Homes. He graduated cum laude from Catholic University of America and then earned an MBA from the Simon Business School at University of Rochester, Beta Gamma Sigma.

Mr. Turner manages and oversees all aspects of development in Orange, San Diego, and Riverside Counties from the company’s Irvine office. His responsibilities encompass site acquisition, obtaining entitlements, feasibility analysis, project scheduling, securing public and private financing and overseeing construction and marketing.

Prior to joining AMCAL, Mr. Turner gained extensive experience in housing finance and development through work in the public, non-profit and private sectors for 15 years. He has developed multifamily affordable, mixed-use, and transit-oriented housing in Northern and Southern California. Mr. Turner holds a Master in City Planning degree from the Massachusetts Institute of Technology and a BA from the University of California, Berkeley.

Ms. Vaz is responsible for corporate accounting and due diligence for all developments. Her team of accountants is expert in accounting for the complex multiple layers of public and private financing in affordable housing developments. In addition, she manages all administrative functions including human resources and organizational structure.