Longtime ULI leader Steven La Terra, managing director and principal of Paradigm Private Equity Holdings, has been selected as the new chair of the Urban Land Institute, Arizona District Council (ULI Arizona), serving on a voluntary basis for a two-year term that starts July 1.
La Terra, a full member of the Urban Land Institute, has been actively involved in ULI since 2004 and is currently the district council vice chair with responsibility for Mission Advancement. His extensive volunteerism at ULI locally includes district council treasurer, trends day chair, a partnership forum mentor since 2012, and programs committee chair. At the ULI national level, he served as the chair of the Residential Neighborhood Development Council.
La Terra is highly engaged in land use and real estate development endeavors through his professional work as well as his volunteer efforts with ULI and the Real Estate Investment Advisory Council. His charitable work includes several leadership positions within the executive council, EC70 Charities (formerly Boys and Girls Clubs) and the National Kidney Foundation of Arizona. He received a Bachelor of Science in finance from San Diego State University and a Development Certificate from the Masters of Real Estate Program at Arizona State University.
“Our district and national councils are the foundation for ULI’s collective impact. They make an incredible difference in the quality of our work and the fulfillment of our mission,” said ULI Chief Executive Officer Patrick L. Phillips.
La Terra is managing director and founding principal of Paradigm Private Equity Holdings, L.L.C., a land investment and lot banking company based in Scottsdale, Arizona. Paradigm controls approximately 1,000 residential lots and is actively selling finished lots to production homebuilders through rolling option structures in Metropolitan Phoenix. Over the last 20 years, La Terra has purchased or funded more than 20,000 residential lots throughout the United States. Prior to forming Paradigm, he served in principal and senior executive positions with Taro Properties, Land Advisors Capital, APEXCapital and Acacia Capital Corporation.
“I look forward to this opportunity to serve ULI Arizona, and advance ULI’s tradition of knowledge sharing and mentoring through the district council network,” La Terra said. “As a neutral convener, ULI creates forums for highly effective information exchange where members representing vastly different markets can share ideas and best practices. It is one of ULI’s great offerings.”
ULI Arizona is also pleased to announce the following industry professionals will be rounding out the District Council leadership team – Gary M. Linhart, managing director of ViaWest Properties LLC, is the incoming vice chair, and Heidi Kimball, senior vice president of Sunbelt Holdings, is the incoming treasurer. Both have been extensively involved in ULI leadership positions locally and Linhart is chair of the Small Scale Development Council (Gold Flight).
The Urban Land Institute is a 501[c] nonprofit research and education organization supported by its members. Founded in 1936, the Institute now has members in 95 countries worldwide, representing the entire spectrum of land use and real estate development disciplines working in private enterprise and public service. As the preeminent multidisciplinary land use and real estate forum, ULI facilitates an open exchange of ideas, information, and experience among local, national, and international industry leaders and policy makers dedicated to creating better places.