[5] Karatz is managing partner at MDK Angelo Holdings, LLC, a private real estate and investment company based in Los Angeles.
Karatz worked in the commercial real estate industry as the real estate portfolio manager for Avondale Investments, and as Vice President of Development and Acquisition at Caruso Affiliated.
[3] In addition, Karatz held several positions at KB Home's businesses in southern California, and served as the company's senior director of land acquisitions.
[4][7] In February 2013, Karatz resigned his post as deputy mayor and stated his plans to return to the private sector.
[2] In 2013, Karatz joined the Rubicon Project as chief of staff and head of strategic operations.