BS in Real Estate Development Faculty
Jorge de la Roca
Jorge De la Roca is an Assistant Professor at the USC Sol Price School of Public of Policy. His research interests include urban economics, labor economics and economic geography. His research focuses on understanding the benefits of working in big cities and studying urban migration across cities of different sizes. He is currently working with colleagues to study how young workers assess their own ability and how this affects the size of the cities they choose to live in. Recently he has also studied the consequences of racial segregation on minorities in the United States, co-authoring an article on the subject in Regional Science and Urban Economics. He has also published on wage cyclicality in SERIEs: Journal of the Spanish Economic Association.
Dr. De la Roca earned his doctorate and master’s at CEMFI in Spain and his Bachelor Degree at Universidad del Pacífico in Peru. Before joining the Price School, he was a research fellow at New York University’s Furman Center for Real Estate and Urban Policy. He has also worked at Harvard University’s Center for International Development; the International Food Policy Research Institute in Washington, D.C.; and the Group for the Analysis of Development in Lima, Peru.
Associate Professor (Teaching)
Liz Falletta teaches architectural and urban design at USC’s Price School of Public Policy. She has over fifteen years of experience teaching design across disciplines at both undergraduate and graduate levels. Her courses focus on design as an interdisciplinary activity and explore how the intersecting values of architecture, planning and development can inform the design process and improve design outcomes. She is currently at work on By-Right | By-Design, an interdisciplinary housing reference text. The project studies significant Los Angeles housing design precedents and their related development types. A side-by-side comparison of these projects – real estate development models built in large numbers as of right, versus singular examples of innovative architecture built by variance – reveals new insights for future housing production in Los Angeles and elsewhere. Projects are examined through the lenses of real estate development, urban planning and design, expanding the context in which these works can be understood, evaluated, and, ultimately, built upon.
In addition to teaching full time, Ms. Falletta is principal of Falletta Development, which developed one of the first small lot subdivisions in Los Angeles, located on Huntington Drive in El Sereno. She has consulted on many small lot subdivisions throughout Los Angeles and worked as an entitlements consultant on various single and multi-family housing projects. Liz is a licensed architect and a licensed real estate broker in the state of California.
In recognition of the breadth of her expertise, Liz was recently appointed to the City of Los Angeles’ Zoning Advisory Committee (ZAC). This 21-member group is the first line of critique for the city’s recode LA project, a $5 million dollar, five year plan to overhaul the zoning code. Liz is leading the Housing Working Group, a subcommittee of the ZAC working to prioritize issues of housing production, affordability and sustainability throughout the recode project. Ms. Falletta is also a member of the California Planning Roundtable.
Richard K. Green
Director and Chair of the USC Lusk Center for Real Estate
Richard K. Green is the Director of the USC Lusk Center for Real Estate. He holds the Lusk Chair in Real Estate and is Professor in the USC Sol Price School of Public Policy and the Marshall School of Business.
Prior to joining the USC faculty, Dr. Green spent four years as the Oliver T. Carr, Jr., Chair of Real Estate Finance at The George Washington University School of Business. He was Director of the Center for Washington Area Studies and the Center for Real Estate and Urban Studies at that institution. Dr. Green also taught real estate finance and economics courses for 12 years at the University of Wisconsin-Madison, where he was Wangard Faculty Scholar and Chair of Real Estate and Urban Land Economics. He also has been principal economist and director of financial strategy and policy analysis at Freddie Mac. More recently, he was a visiting professor of real estate at the University of Pennsylvania’s Wharton School, and he continues to retain an affiliation with Wharton. He is or has been involved with the Lincoln Institute of Land Policy, the Conference of Business Economists, the Center for Urban Land Economics Research, and the National Association of Industrial and Office Properties. Dr. Green also is a Weimer Fellow at the Homer Hoyt Institute, and a member of the faculty of the Selden Institute for Advanced Studies in Real Estate. He was recently President of the American Real Estate and Urban Economics Association.
Dr. Green earned his Ph.D. and M.S. in economics from the University of Wisconsin-Madison. He earned his A.B. in economics from Harvard University.
His research addresses housing markets, housing policy, tax policy, transportation, mortgage finance and urban growth. He is a member of two academic journal editorial boards, and a reviewer for several others. His work is published in a number of journals including the American Economic Review, Journal of Economic Perspectives, Journal of Real Estate Finance and Economics, Journal of Urban Economics, Land Economics, Regional Science and Urban Economics, Real Estate Economics, Housing Policy Debate, Journal of Housing Economics, and Urban Studies. His book with Stephen Malpezzi, A Primer on U.S. Housing Markets and Housing Policy, is used at universities throughout the country. His work has been cited or he has been quoted in the New York Times, The Wall Street Journal, The Washington Post, the Christian Science Monitor, the Los Angeles Times, Newsweek and the Economist, as well as other outlets. He recently gave a presentation at the 31st annual Federal Reserve Bank of Kansas City Economic Symposium, where his work was cited by Federal Reserve Chairman Ben Bernanke. The National Association of REALTORS, the Ford Foundation, and the Lincoln Institute for Land Policy have funded grants to support some of Dr. Green’s research. He consults for the World Bank.
Ramcharan is an Associate Professor of Public Policy and Research Director of the Lusk Center for Real Estate. Previously, Dr. Ramcharan worked at the Board of Governors of the Federal Reserve System, serving most recently as the first chief of the newly created Systemic Financial Institutions and Markets Section. In that role, he helped develop analyses to understand better the role of financial institutions in the US economy, and contributed to the regulatory policy discussions at both the Federal Reserve and at Basel. Ramcharan also worked for the International Monetary Fund for 10 years during which he contributed to policy discussions on exchange rates and monetary policy in emerging markets such as South Africa and in a number of developing economies. His research has appeared in many of the top economics and finance journals, including the American Economic Review and the Journal of Finance. In 2014, his research was awarded the Wharton-WRDS prize for the best empirical finance paper at the Western Finance Association.
Christian L. Redfearn
Borstein Family Endowed Professor of Real Estate
Director, Programs in Real Estate
Christian L. Redfearn is the director of the Dollinger Master of Real Estate Development program and director of the new undergraduate Bachelor of Science in Real Estate Development. His research fields cover real estate, urban, and regional economics as well as real estate finance and policy. Prof. Redfearn’s research interests include urban agglomeration and polycentricity in metropolitan areas, persistence in urban form, neighborhood change, housing price dynamics – including house price index construction, local house prices, hedonic and nonparametric regression, housing affordability, foreclosure, and mortgage flows.
Professor Redfearn’s work has been published in the Journal of Urban Economics, Regional Science and Urban Economics, Regional Science, Journal of Real Estate Finance and Economics, Real Estate Economics, Environment and Planning A. He is also a full member of ULI and serves on the Land Use Leadership Committee on the Los Angeles Chapter of ULI. Prof. Redfearn is a Distinguished Research Fellow of the National Association of Industrial and Office Parks.
David Sloane, Ph.D., teaches courses in urban planning, policy, and history, and community health planning and policy. His research examines the urban planning and public health, American, health disparities and community development, neighborhood dynamics of public safety and crime, and public and private commemoration. He is currently engaged in research projects regarding the role of resource environments in health disparities in cardiovascular disease and diabetes among African Americans, changing styles of commemoration in post-Vietnam America, civil gang injunctions and public safety, and a social assessment of Hollywood, California. He authored, The Last Great Necessity: Cemeteries in American History (1991) and co-authored, Medicine Moves to the Mall (2003), as well articles and book chapters on related research topics. He has served on the board of advisors to the Journal of the American Planning Association and as a director of the Vernacular Architecture Forum. He currently serves as moderator for the Medicine and Public Health Work Group sponsored by the Huntington-USC Institute for the Study of California and the West.
Adjunct Associate Professor, Price School
Adjunct Assistant Professor, Architecture and Planning
Managing Director, Ares Management
President, Palm Tree Communities Consulting
Vice President of Leasing, Caruso Affiliated
James A. Osterling
Managing Member, Bridge Realty Advisors
Managing Principal, BrandView, Inc.