Teresa Black

Teresa Black, Controller

Teresa Black serves as Controller at IndiCap, bringing over 10 years of experience in finance and accounting, primarily within the real estate industry. Her expertise spans development, property, and private equity funds, as well as systems implementation and process improvement. At IndiCap, Teresa assists the CFO with reporting to all stakeholders in the company’s capital stack, including institutional investors, lenders, and joint venture partners. She also supports day-to-day operations in accounting, financial planning & analysis, treasury, human resources, and information technology.

Before joining IndiCap in 2023, Teresa held key positions at Shopoff Realty Investments and Sares Regis Group, where she gained experience managing complex financial operations. As a senior accountant at a real estate development, investment, and management firm, she oversaw 100+ debt and preferred return schedules, as well as distributions and transactions for highly active joint ventures. In addition, she has a strong background in accounting for real estate funds, managing 18+ entities and ensuring compliance for several commercial properties and private equity funds totaling $92 million in capital raised. Teresa began her career as a financial statement auditor at Moss Adams, where she contributed to over 25 audits across various industries.

Teresa earned both a Bachelor of Science inAccounting and a Bachelor of Science in Business Administration with a concentration in Entrepreneurship from the University of Southern California. She is a Certified Public Accountant in California (License No. 128635).