Lawrence Souza

Dr. Lawrence A. Souza

Adjunct Professor


Dr. Souza has over 30 years of experience in the commercial real estate industry and has been teaching college-level courses for the past 25 years at numerous colleges in the Bay Area. Companies he's previously worked at include New York Life Insurance Company/NYLIFE Securities, Charles Schwab Investment Management, Global Real Analytics, and the Quantum Financial Network. He has also held senior positions in strategic portfolio research and analysis with various real estate services firms. Dr. Souza is also a registered representative and investment advisor, as well as a real estate consultant, licensed California insurance agent, and real estate investment broker.

Research Areas

  • Monetary policy, macroeconomics and financial institutions
  • Real estate economics
  • Urban economics
  • Real estate market research and analysis
  • Real estate investment analysis and valuation
  • Comparative and U.S. housing policy, politics and economics
  • Institutional real estate capital markets
  • Real estate investment trusts (REITs)
  • Commercial mortgage backed securities
  • Real estate technology applications
  • Real estate cycles and indexes


  • Golden Gate University, DBA, Corporate Finance/Real Estate Management
  • San Francisco State University, MPA, MA, Political Science
  • San Francisco State University, MA, Applied Economics
  • University of San Francisco, MS, Information Systems
  • Golden Gate University, MS, Finance
  • San Francisco State University, BS, BA, Economics

Prior Experience

  • President/CEO, Applications Economics Inc. (AEI)/Johnson/Souza Group, Inc.
  • Managing Director, Brookwood-Starboard Commercial
  • Commercial Real Estate Associate Mortgage Broker, SearchLight Lending Solutions
  • Vice President, Greensparc
  • Real Estate Economic Advisor/Business Development,
  • Adjunct Professor (Saint Mary's College, University of San Francisco, and Menlo College)

Awards & Distinctions

  • Outstanding Faculty Advisor for a SEBA Club, May 2019

  • Outstanding Faculty Service Award, May 2019

Selected Publications

  • U.S. Housing Policy, Politics and Economics: Outcomes and Bias, 2021

  • The Technological Impact on Real Estate Investing: Humans vs. Robots, 2021

  • Alexander Hamilton and the Origins of the Federal Reserve (Book Review), 2021

  • Systematic Fragility in the Global Economy (Book Review), 2018

  • Central Bankers at the End of Their Rope (Book Review), 2017