Larry H. Padilla '94 MSRED
Regional Vice President, Caribbean office for The Michaels Organization
Mr. Padilla is currently the Regional Vice President of the Caribbean office for The Michaels
Organization, one of the nation’s largest multi-family developers and operators, responsible for
overseeing all aspects of development activity, including acquisitions, planning, land-use
approvals, and development financing for Puerto Rico the US Virgin Islands and Southeast
Florida.
Throughout his career, Larry has held roles in the private, public, and non-profit sectors, giving
him a unique perspective on the multi dynamic forces that impact any project. Over the years, he
has led award-winning development, investment, acquisitions, management and construction
initiatives averaging over $4 billion dollars in multi-asset and mixed-use projects. Prior to joining
Michaels, Larry served as the Senior Director of Real Estate and Development Finance for the
Philadelphia Redevelopment Authority, responsible for the agency’s property dispositions, land
development, affordable and work force housing initiatives, and community finance
functions. Larry also served as the Chief Operations Officer at the Charlotte Housing Authority,
Chief Development Officer for Transom Development/SunTrust Bank, Chief Operations Officer
for a real estate development and construction conglomerate in Puerto Rico, and as Director of
Development for a community builder in Harlem, New York. He has also consulted as a Special
Assistant to the HUD Secretary, and contributed to national housing strategies to the National
Economic Council, office of the Vice President of the United States.
Larry holds a Master’s in Real Estate Development and Finance from Columbia University and a
BA in Architecture and Environmental Design from the University at Buffalo, as well as
certifications in Project, Property and Construction Management.
He currently serves on the Puerto Rico Homebuilders Board, the US territory’s most influential
construction, builder and development advocacy group and is an active member of ULI’s South
East Florida and Caribbean committee.