DeBeikes Named to USC Board

SPPD Alumnus DeBeikes Jr. Named to USC Board of Trustees

Richard DeBeikes Jr.

Richard DeBeikes Jr., president of the diversified real estate corporation DeBeikes Investment Co., has been elected to a five-year term on the USC Board of Trustees.

DeBeikes, a 1978 graduate of the USC School of Policy, Planning, and Development, is also outgoing president of the USC Alumni Association Board of Governors, having served for 2008-09.

“I am delighted to welcome Dick DeBeikes to the Board of Trustees,” said USC President Steven B. Sample in announcing DeBeikes’ election. “He has demonstrated leadership abilities, vision, creativity and a spirit of community service both as an accomplished businessman and as an alumnus with an enduring commitment to the mission of the university. He is a valuable addition to our board.”

With a focus on mixed-use developments, the Irvine-based DeBeikes Investment Co. has specialized in reuse or in-fill projects, developing vacant or available land within otherwise built-up areas or creating innovative new spaces out of existing buildings. In 2002, the company was recognized with two Gold Nugget Awards from the Pacific Coast Builders Conference for Ambrose Lane, a single-family residential neighborhood created on a previously “blighted” 3.5-acre site in Old Town Tustin, Calif.

DeBeikes began his career as a construction project manager with the Ernest W. Hahn Co. in 1978. That experience convinced him of the value of reuse and redevelopment, and he founded DeBeikes Investment Co. in 1984. With more than 30 years’ experience in real estate development, DeBeikes has been a principal and/or owner for properties ranging from office and retail spaces to multi-family and master-planned residential developments.

As 2008-09 president of the USC Alumni Association, DeBeikes took an active role in expanding alumni programming, raising funds for the university’s new Epstein Family Alumni Center (slated to open in fall 2010) and reaching out to younger graduates. Previously, he was involved in the association’s effort to reinvigorate the class-reunion program, serving as co-chair for the 25th reunion of the Class of 1978.

DeBeikes currently sits on the SPPD board of councilors and, as chair of the school’s annual giving program, assisted dean Jack Knott in the establishment of its dedicated philanthropic support group, the Athenian Society. DeBeikes is also a member of the USC Lusk Center for Real Estate, where he serves as a guest speaker and a mentor to students pursuing master’s degrees in real estate development. In addition, he and his wife, Bryn ’80, serve on the board of directors of the Friends of the USC Libraries.

DeBeikes and his wife are longtime residents of Irvine. They are proud that all three of their children – Brittany ’05, Richard ’10 and Carly ’12 – are also Trojans.

Photo by Philip Channing