Urban Catalyst, a real estate firm focused on opportunity zone development projects in downtown San Jose, reported that partner and chief administrative officer, Sean Raft, was promoted to general counsel.
Raft has experience in real estate, law, and securities, and provides supervision, analysis, and advice on company structure, compliance, finance, accounting, organizational and legal strategies.
In 2020, he was admitted as a member of The Opportunity Zones Working Group, which advises the U.S. Department of Treasury, Internal Revenue Service, the Community Development Financial Institutions Fund, members of Congress, and other federal and state agencies on best practices and practical applications for the opportunity zone program.
“Since joining Urban Catalyst in 2019, Sean has been an invaluable member of our leadership team, ensuring everything we do falls within the letter and spirit of the law,” said founder Erik Hayden. “With his legal acumen and keen understanding of how to build and operate a business, promoting Sean to serve as general counsel is an important step in strengthening Urban Catalyst.”
Raft has previously served as partner, portfolio manager and general counsel at North American Capital and received his law degree from the Santa Clara University School of Law.
Urban Catalyst’s first fund, Urban Catalyst Opportunity Fund I, closed in 2020 after raising $131 million from investors. Urban Catalyst Opportunity Zone Fund II is currently open to investors.