Mr. Larry J. Kosmont, CRE® is Chairman and CEO of Kosmont Companies, which he founded in 1986. Kosmont Companies is an industry leader in public/private real estate transactions and economic development. In 1990, he founded Kosmont Realty, a real estate brokerage firm. In 2015, he launched Kosmont Transactions Services which sources financing for public/private projects, P3 initiatives, and infrastructure funding. He is a co-principal, California Golden Fund, a USCIS approved EB-5 Regional Center.
Mr. Kosmont’s 40-year career encompasses public/private financial structuring, negotiation, development, and management of real estate and public finance transactions exceeding $12B. He has assisted hundreds of local government agencies in public finance and real estate matters ranging from large-scale economic development programs to site-specific real estate strategies and projects. He has guided over 1,000 private sector projects in obtaining public approvals, structuring deal terms, and securing public/private financing.
Mr. Kosmont served as Interim City Administrator for the City of Montebello, CA from May 2011 to March 2012 which focused on a significant financial turnaround strategy and redevelopment dissolution. From 1975 to 1986, Mr. Kosmont served as a City Manager, Director of Community Development, and Redevelopment Director in the cities of Santa Monica, Seal Beach, Bell Gardens, and Burbank.
LICENSES / AFFILIATIONS
Mr. Kosmont is a Municipal Advisor Representative having achieved the MSRB Series 50 professional qualification, and is duly registered with the U.S. Securities and Exchange Commission. Mr. Kosmont is a licensed real estate broker in California (DRE No. 01182660), a designated Counselor of Real Estate, CRE®, and has served on or is serving on:
- City of Manhattan Beach Economic Dev. Advisory Council – Chairman
- MWD Board (represented City of L.A.)
- State Commissioner – CA Economic Dev. Commission
- USC Exec. Education – Board of Directors
- L.A. City Commissioner – Industrial Development Authority
- CA Assoc. of Local Economic Dev. (CALED) – Board Advisor
- Los Angeles Business Federation (BIZFED) – Board Member
Mr. Kosmont holds a Masters of Public Administration Degree from USC and a B.A. in Political Science from the State University of New York – Binghamton.
Mr. Kosmont is the recipient of the 2016 California Business Properties Association (CBPA) Champion of the Industry Award for his service in real estate and economic development, and the John H. Nail Award from the League of California Cities. Kosmont Companies is the recipient of the California Association for Local Economic Development (CALED) 2017 Award of Excellence for Economic Development Partnerships – Redondo Beach Marine Ave Hotels Project and the CALED 2015 Award of Excellence – South Gate azalea Retail Center Project.