Michael Banner, President and CEO, Los Angeles LDC, Inc.
Michael Banner is the President and CEO of the Los Angeles LDC, Inc. (LDC), a mission driven community development finance advisor that provides capital and advisory services to foster positive community development impacts in distressed neighborhood. The LDC is an expert at aligning the needs of both borrowers and investors and has delivered $400 million of capital into transactions located in low income and communities of color. Banner is a much sought after community development solution provider and is well known for turning around failed economic development finance organizations and managing targeted investment funds that produce market rate returns and high quality community impacts. He has been an active key leader in ULI and received the 2016 Robert M. O’Donnell award for outstanding contributions to the success of ULI’s Advisory Services Program.
Beyond his dedication to the mission of ULI, he volunteers on numerous business and community development initiatives and serves on the board of the USC Ross Minority Program in Real Estate, ULI America’s Executive Committee, and Diversity Equity and Inclusivity Committee. Prior to taking over the leadership of the LDC, Michael Banner was a Vice President with Security Pacific National Bank. During his tenure in the banking industry, he held a variety of positions in commercial lending, credit administration, credit training and retail bank management.
He is a graduate of the Ross Minority Program in Real Estate at the University of Southern California, and holds a degree in Business Administration from Loyola Marymount University. A Los Angeles native, Banner is a founding member of the ULI Los Angeles Urban MarketPlace.