Urban Land Institute (ULI) leader Eric Tao, Managing Partner of L37 Partners, has been selected as the new Chair-elect of ULI San Francisco (ULI SF), replacing outgoing Chair Drew Hudacek, Chief Investment Officer, Development Properties at Sares Regis Group of Northern California.

The Chair is a vital role for delivering the Institute’s mission throughout the San Francisco Bay Area, where it has 2,200-plus members. ULI is a global, multidisciplinary real estate organization with more than 45,000 members dedicated to shaping the future of the built environment for transformative impact in communities worldwide. ULI SF is one of the largest of the 52 ULI District Councils in the Americas region.

As Chair-elect, Eric Tao will work closely with Drew Hudacek to facilitate a smooth transition over the next few months before assuming office on July 1.

Eric Tao has 20 years of experience in the real estate industry and has led the acquisition, entitlement, financing, development, and disposition of over 1,500 multifamily residential units in the San Francisco Bay Area with a focus on transit-oriented urban infill projects. At L37, he is currently leading housing projects for over 1,200 new, transit-oriented infill projects in San Francisco and South San Francisco.

Eric also has an extensive track record of volunteerism at ULI San Francisco, including his current service as Co-Chair of the Housing the Bay Steering Committee, member of ULI SF’s Executive Board, member of the Equity, Diversity, and Inclusion (EDI) Committee, mentor in the YLG Mentor Program, and panelist on a Technical Advisory Panel for the City of San Jose in 2019.

“I look forward to this opportunity to serve as ULI San Francisco Chair and advance ULI’s tradition of sharing knowledge and building bridges between the public and private sectors,” said Tao. “The lessons I’ve learned and relationships I’ve made through ULI SF’s programs, committees, and initiatives have been monumental in my own personal and professional growth. I am excited to continue to expand ULI SF’s reach and tackle some of the critical real estate and land use challenges facing our region.”

“I am thrilled to work with Eric in his new position as District Council Chair,” said Michelle Malanca Frey, Executive Director of ULI SF. “Our region is undergoing a period of significant change and Eric’s expertise in housing and land use, paired with his visionary and collaborative leadership skills, are perfectly suited to furthering ULI SF’s mission and to navigating the Bay Area’s path forward.”