Brian Saenger, CEO of Los Angeles-based The Ratkovich Company, gets a new role.
Saenger has been asked to join the advisory board of UCLA Anderson Forecast, an economic forecasting group for California, according to a statement last week.
UCLA Anderson Forecast was founded in 1952 and publishes regional and government forecasts based on econometric models that predict trends.
Saenger will join the group’s constituent advisory board along with other CEOs, including Cathay Banks ‘Chang Liu, and legal experts, including Allen Matkins’ John Tipton.
Saenger was used to specifically bring real estate expertise to the board, given his tenure of more than 10 years at The Ratkovich Company.
He took on the role of CEO in February, succeeding Wayne Ratkovich, who founded the firm in 1977. Before taking the top job, Saenger served as chief operating officer and vice president of acquisitions and corporate counsel.
Recently, The Ratkovich Company worked on its $ 150 million project to rebuild the 42-acre former San Pedro Public Market under a 66-year lease with the city of Los Angeles.
The company also rebuilt The Bloc in Downtown Los Angeles, spending $ 180 million on connecting a former department store to 7th Street / Metro Center light rail station and turning the entire property into an outdoor shopping area. The development is currently planning to add a residential tower on top of its parking structure.
Saenger’s “insight into the micro and macro effects of real estate development in California complements our focus on development as a critical economic driver,” said Jerry Nickelsburg, head of UCLA Anderson Forecast, in a statement.