Mr. Carl M. Rheuban brings a multitude of experiences and skills to his role as Managing Director for Rheuban Partners. Founded in 1994, Rheuban Partners is a real estate and energy advisement firm. In his role as Managing Director, Carl Rheuban leverages over 35 years of real estate and finance expertise toward advising various companies on the intricate and sometimes complex details of acquisition, development, and operations of real estate and energy projects. Individually, Carl Rheuban has purchased hundreds of millions of dollars worth of office and commercial real estate properties for his own account and for others. His many successes have led Carl Rheuban to become one of the most well-respected and trusted names in the industry. As managing partner of Rheuban Partners, Carl Rheuban is responsible for advising his clients on the proper acquisition, management, and operation of real estate and energy projects. A lifetime of work in the real estate sector has made Carl Rheuban uniquely qualified for his role and earned him the trust and confidence of business leaders around the world.Carl Rheuban began his long career in real estate in 1973 as a Co-General Partner of De Anza Group Properties with Herb Gelfand.   He led the acquisition and development of the most high quality manufactured home community portfolio in the nation with over 10,000 homes. In 1994, De Anza was sold  to Manufactured Housing communities, Inc. , an REIT organized by  Sam Zell, for an amount in excess of $190 million.

 

In addition to real estate, Carl Rheuban has a keen understanding of finance. As the man behind the concept of mortgage-backed securities, Carl Rheuban founded Conventional Mortgage Corporation (Connie Mac) in March, 1979, which became the first private company in history in 1979 to pool mortgages purchased from banks and savings & loans into mortgage-backed securities. Through its affiliations with major banks (which served as master services collecting funds and reports and supervising institutions serving as seller-Servicers throughout the United States), Connie Mac was able to achieve an “AA” investment grade rating from Standard & Poor’s on all of its security issuances (none of which went into any default).

Carl Rheuban also co-founded and served on the board of directors of Mercantile National Bancorp (the parent of Mercantile National Bank) in 1981.

In 1984, Carl Rheuban purchased the first thermal solar field in the world, developed by Luz International in the Mojave Desert in California.

Carl Rheuban graduated in 1973 with a Juris Doctor degree from Southwestern University School of Law. A highly involved and committed student, Carl Rheuban participated in several extracurricular organizations, including the Southwestern Legal Aid Society, and served as the Associate Editor of the Loyola Law School Consumer Protection Journal. While operating De Anza, Carl Rheuban served as a professor of Law at Southwestern University from 1974 to 1978, where he taught Corporate, Partnership Law and Tax. He was also the founding Chairman of the Dean’s Circle at Southwestern University. During this time, Carl Rheuban also: (i)  was also appointed by the California State Bar as the reporter and draftsman of the Limited Partnership Act that was adopted in California in 1977, (ii) served on the Partnership Law Committee and the Partnership Tax Committee of the American Bar Association; and (iii) was a frequent speaker at numerous courses of the California Continuing Education of the Bar sponsored by the California State Bar and the University of California, where he lectured to numerous practicing attorneys on business organizations, partnerships, real estate, securities law and tax; (iv) served as Chairman of the Legislative and Regulatory Committee of the Real Estate Securities Institute of the National Association of Realtors and a member of the editorial board of the Real Estate Securities Journal. Later, Carl Rheuban represented Clarence Chance in a landmark wrongful incarceration suit (Mr. Chance served 17 years in prison for a crime in which he was later found to have been framed and completely innocent), which won Mr. Chance the largest personal injury settlement in history from the City of Los Angeles.

A charitable man, Carl Rheuban has shown as high a commitment to philanthropic causes as he has to his own business career. Affiliated with a number of important causes to the Jewish community, Carl Rheuban was formerly the General Chairman of the Israel Bond Campaign, the Major Gifts Co-Chairman of the Los Angeles Jewish Welfare Drive, the Western Regional Chairman of the AIPAC (American Israel Public Affairs Committee), Chairman of Aish Hatorah (a non-profit, apolitical network of Jewish educational centers), and Vice President of the American Technion Association (the support organization for Technion University in Israel). He also served on the Board of Governors of the Performing Arts Council of the City of Los Angeles.

In his personal life, Carl Rheuban is a loving father of five children. A resident of sunny Southern California, Carl Rheuban enjoys spending time in the water in his spare time. Scuba diving, jet skiing, boating, and paragliding are among his favorite activities. But one of his true passions is performing magic, which he has done since age five. A former professional magician during his teenage years, Carl Rheuban is a life member of the Academy of Magical Arts & Sciences and a member of the International Brotherhood of Magicians. Carl Rheuban has given hundreds of magic performances in a variety of venues.