Real Estate Club volunteers for a Habitat for Humanity Build on Saturday, September 15th

Nine students volunteered to help build a Habitat for Humanity house on Saturday in Longmont. The day started early as the students met the Club advisor, Lisa Chambers, at 7:15 am on campus. The day was a beautiful fall day predicted to be in the 80’s with no rain in sight! Everyone carpooled to the build site in north Longmont and the work began at 8:00 am.

The house under construction was part of a four-plex. The jobs on Saturday were putting up the framing, siding and insulation panels. The students learned how to use a compressed air nail gun to hang the siding along with a level, hammer, table saws and other tools of the trade. They all wore hard hats, safety glasses and nail aprons.

The work ended around 3:30 pm. Everyone felt that they had made a real contribution and learned a lot about home construction. The new homeowner was also there volunteering and knowing that a family was very excited about moving into their new home was just an added bonus. The rewards of volunteering are many, and extend far beyond the good feelings the students got from helping Habitat. This was a great way to explore career options and enhance your resume and will continue to be an annual fall event for the Real Estate Club.

Kudos to the 9 students who spent their Saturday as volunteering: Maggie Devlin, Jack Krowl, Cooper Jacobs, Davis Niederman, Clair Stowell, Anna Davis, Allison Rudy, Parker Brown and Shea Kutner.

Real Estate Development Track Announcement

The Leeds School of Business, the CU-Boulder College of Engineering & Applied Science and the University of Colorado Real Estate Center are pleased to announce the creation of a construction management track within the MBA program. The track will prepare students for careers in construction management and will begin accepting graduate student applicants in the fall of 2013. Students enrolled in this track will take all MBA core classes (in accounting, finance, management, and marketing), five MBA real estate courses (Principles of Real Estate, Real Estate Finance and Investments, Real Estate Economics, Real Estate Transactions Law, and the NAIOP Project Competition class) and three courses in the Department of Civil Engineering. The three courses in Civil Engineering are Project Management, Design/Build and Construction Law. The track was made possible by a generous grant from Dan and Laurie Ivanoff and the DLSC Foundation. The new track will be called the Dan & Laurie Ivanoff MBA Real Estate Construction Management Track. The gift will also fund a faculty fellowship in the Department of Civil, Environmental and Architectural Engineering. Dan is a Buff who earned his MBA and Masters in Civil Engineering degrees from the University of Colorado-Boulder. He is the CEO and co-founder of Seattle, Washington based Schnitzer Northwest LLC. Schnitzer is a commercial real estate development company operating on the west coast.

Associate Professor Liang Peng

Please join the University of Colorado Real Estate Center in congratulating Liang Peng for his promotion to Associate Professor with tenure. Associate Professor Peng holds a PhD in Economics from Yale University and joined the Leeds School of Business as an Assistant Professor in 2005. He teaches undergraduate courses in Principles of Real Estate and Real Estate Finance and Investments. He has also taught the MBA Real Estate Finance and Investments course at Leeds. His research includes the econometrics of estimating price indices for illiquid assets, the housing market, and the risk and returns of commercial real estate. External reviews of Liang’s research noted that his research is creative, original, exhibits mastery of technical skills while being useful to real estate practitioners. He has presented his research over 40 times at academic conferences and at invited university research seminars. The academic real estate community has recently recognized Professor Peng’s research contributions with the Weimer Institute for Advanced Real Estate Studies Post-Doctoral Award. Post-Doctoral awards are given to three young faculty each year in recognition of their past academic contributions to the field of real estate and for their potential to continue making contributions in the future. His research is routinely funded by the Real Estate Research Institute. Congratulations Liang.

ARGUS DCF Certification Course Announcement

Professor Tom Thibodeau will be offering an ARGUS DCF Certification class beginning Tuesday, October 30, at 6:30pm. The class will meet for three hours on seven consecutive Tuesday evenings. The class will not meet during Thanksgiving week. The ARGUS DCF Certification exam will be given during the last class period. The cost of the class for CUREC members is $1,499. $499 of this goes to ARGUS and includes a student license of ARGUS DCF that is valid for six months, printed certification course materials and the fee for taking the exam. $1,000 of the course fee goes to support the University of Colorado Real Estate Center. Professor Thibodeau has taught 75 students in five ARGUS DCF Certification classes over the past four years. 74 of the 75 students passed the ARGUS DCF Certification exam on their first attempt. If you want to register for this class, send Professor Thibodeau an email at You must register by October 20 to enroll. You will receive your student license of ARGUS DCF as soon as ARGUS receives payment for the course. You should know that ARGUS property files created in the student version of ARGUS DCF will not work in the commercial version of ARGUS DCF and vice versa. If you have any additional questions, email Professor Thibodeau.

Alumni Gathering - July 25, 2012

On Wednesday, July 25th, the CU Real Estate alumni gathered at the Mellow Mushroom on the 16th St. Mall in Denver for a networking event. With around 25 attendees, there was plenty of real estate chatter! Tickets to an upcoming Rockies game were given away as door prizes and everyone was encouraged to attend the August 18th Rockies game with the CU Boulder Alumni Association. You can buy discounted tickets for that game at