a smiling team of professionals on a stage in front of a screen that says "AMDP Class 24, Term 2" — An image from the AMDP Team Project Jury Day presentations. Forrest Corral is second from the right.

How the AMDP Community Impacts Me Every Day: Forrest Corral, Class 24

Forrest Corral is one of the most beloved members of AMDP Class 24 – as evidenced by the parade of praise he received in the Class 24 dinner speeches given by his fellow participants. Forrest was never shy about his affection for the program, but we were surprised to hear that Forrest was actively recruiting for the AMDP… in an online open enrollment program… before his first term!!!

We spoke with Forrest right before the Class 24 Award Ceremony about the impact of the AMDP community on his daily life.

Key Quotes

“At a moment’s notice, you really can call anybody [in the program]”

“This really is the most exclusive commercial real estate club in the world.”

About Forrest

For a span of thirty years, Forrest Corral has navigated a distinguished career trajectory within the realm of commercial real estate. This extensive tenure has seen him occupy significant roles such as Principal, Chief Investment Officer, and Chief Financial Officer across a spectrum of public and private enterprises. Demonstrating his astuteness, Mr. Corral has masterfully concluded more than a hundred transactions, encompassing investments and initiatives spanning the financial gamut from $10 million to an impressive in excess of $3.4 billion. His proficiency further extends to the proficient aggregation of structured financing surpassing the $3 billion benchmark.

Presently, Forrest serves as Principal and Chief Investment Officer (CIO) for the multifamily platforms of LTL Investments, LTL Multifamily II B.V. and Praxis Capital. In this capacity, he bears the pivotal responsibility of steering the investment strategy, which encompasses both acquisitions and dispositions. Noteworthy is his accomplishment of successfully orchestrating transactions exceeding $3.7 billion since 2010, underscoring his strategic acumen. Additionally, he assumes an integral role as a member of the LTL and Praxis Capital’s Investment Committees.

Before his tenure with Praxis and LTL Investments, Forrest held the interim position of Chief Financial Officer for First Capital Real Estate. In this capacity, he aptly presided over a significant upREIT transaction involving a portfolio of 30 commercial real estate assets.

Preceding his tenure at First Capital, Mr. Corral demonstrated his financial prowess as assistant Chief Financial Officer for Lyon Capital Ventures. In this role, he adroitly navigated the acquisition, renovation, development, and disposition of more than 18,000 multi-family units. A notable accomplishment was his stewardship of the entitlement and conversion process for over 3,000 multi-family units, transforming them into for-sale condos with a cumulative valuation surpassing $750 million. Simultaneous with this role, Forrest played an integral part in meticulous financial reporting, serving both internal and external stakeholders. This involved overseeing financial matters for a diverse portfolio comprising over 100 LLCs, partnerships, trusts, and other entities.