Business Advisory Council
Advisory Council members are alumni and friends of the school:
John R. Williams, Jr., B'86
President & CIO, Avanath Capital Management
John R Williams is President and Chief Investment Officer of Avanath Capital Management (“Avanath”) an investment manager of real estate and real estate-related investments, based in Irvine, California. Avanath focuses on generating attractive risk-adjusted returns through current income and capital appreciation from its investments. Avanath utilizes a differentiated investment strategy to pursue opportunities in the Affordable/Workforce Housing, and Urban Multifamily market sector. Since its inception in 2008, Avanath has raised over $300 million of investment capital, primarily from Endowments, Pension Funds, Foundations, Banks and Life Insurance Companies. Over the past four years, Avanath has acquired in excess of $700 million in affordable/workforce apartment communities nationwide (28 assets/5,038 units). Mr. Williams is also the Vice Chairman of McKinley-Avanath, a property management company focused on the affordable apartment sector, an entity owned jointly by Avanath and McKinley, Inc.
Previous to joining Avanath in 2012, John R. Williams was Managing Partner, Capital Markets of Carmel Partners, Inc. (‘Carmel Partners”), a real estate development and investment firm based in San Francisco, California. At Carmel Partners, Mr. Williams was responsible for capital formation, fund management, investor relations, joint ventures, credit facilities and financing of all Carmel Partners investments. Mr. Williams was also a member of Carmel Partners’ Senior Investment Committee. Under Mr. Williams’ direction, Carmel Partners raised over $4.0 billion of debt and closed four discretionary real estate investment funds with total equity of $2.2 billion. Capital for these funds was provided by some of the nation’s most prestigious university endowments, foundations and high net worth individuals.
Prior to joining Carmel Partners in 2000, Mr. Williams was a Partner and Director at Acacia Capital Corporation (“Acacia”). In this capacity, Mr. Williams was responsible for capital formation and the identification, acquisition and financing of multi-family and commercial properties. Acacia managed investment capital totaling $500 million. These funds were raised primarily from university endowments and high net worth individuals. Acacia's multi-family and commercial portfolio included interests in approximately 9,300 apartment units and 2.3 million square feet of industrial and commercial space, having an asset value of over $700 million.
A native of Philadelphia, Mr. Williams received his BS degree in finance from Duquesne University and attended the Executive Education Program at the Harvard University Graduate School of Design. Mr. Williams is a Governor of the Urban Land Institute (“ULI”), Past Chairman of the ULI Silver Multi-Family Council, a member of the Executive Committee of the National Multi Housing Council (“NMHC”), a Fellow of the Aspen Institute and is on the Board of Directors of the Aspen/Snowmass Jazz Festivals. He is a frequent speaker at national real estate conferences sponsored by the ULI, Harvard Business School, University of California-Berkeley, Stanford Business School, UCLA Real Estate Forum, USC Lusk Graduate School of Real Estate, Duquesne University, the California Bar Association, Pension Real Estate Association (“PREA”), California Association for Economic Development, the California Mortgage Bankers Association and the Lambda Alpha Honorary Real Estate Society.