ULI Trustee Profile

I am: Daryl J. Carter.

A ULI Member since: 1989.

I live in: Coto de Caza, California.

Favorite room in my home: Family room—has big, comfortable sectional and a big-screen TV with surround sound and a play area for Nathan, our nine-month-old son.

Favorite way to spend time with family: Watching on TV or attending a sporting event. My wife Renee and I are major basketball, football, and golf fans. Baby Nathan also enjoys sports, especially going to L.A. Clipper games—we have season tickets.

How I unwind: Reading the paper first thing in the morning at Starbucks, participating in sports—basketball, tennis, and golf—playing scrabble with Renee, and playing with Nathan.

What makes me laugh: Seinfeld reruns, Nathan’s baby adventures, basketball commentaries by Bill Walton and Charles Barkley, and the tomfoolery of some of my friends.

What makes me angry: Racist and sexist attitudes and behaviors, people lacking common sense, and rudeness.

Last book I’ve read: Good to Great: Why Some Companies Make the Leap . . . and Others Don’t.

Individuals I admire most: My parents, Nolan and Flossie Carter—their sacrifices, ethics, motivation, and wisdom are the foundations of my success.

The person I rely on most: My wife, Renee, my best friend, soul mate, and confidante. In second place is my business partner for 11 years and friend for 33 years, Quintin Primo.

First (salaried) job: Real estate associate at Continental Bank in Chicago.

What I do now for a living: I am cochairman of Capri Capital, LP, a diversified real estate investment firm with $6.5 billion in assets under management. I cofounded Capri in 1992 with Quintin Primo—Capri is a combination of our two last names.

Project I’m now working on: Numerous projects—probably spending more time on two initiatives: our technology platform for asset management and servicing, and our urban investment strategy in California.

Area of my work that makes me proudest: Our lending and investment activities in inner-city markets that traditionally have been underserved by the real estate capital markets.

Why I would tell someone to join ULI: ULI is the premier organization for real estate, promoting education, smart growth, and overall professional quality. It provides a fantastic forum for networking—both through the district councils and the product councils. I am also proud of ULI’s focus on increasing diversity in both the organization and the real estate profession.