Young Alumni Networking!

The Young Alumni Committee sponsored a successful real estate networking event on September 19. Assured Title Agency at 1900 16th St. was the event sponsor and provided a beautiful venue along with food and drinks. Around 30 CU real estate alums were present to hear four successful real estate professionals share their strategies on how to achieve professional goals. The panel was moderated by Ben Woolf, Conscience Bay Company. The panelists were Lindsay Brown, Senior Vice President Tenant Representation, Jones Lang LaSalle; Carl Koelbel, Koelbel & Company; Matt Ritter, Principal, Pinnacle Real Estate Advisors; and Patti Gage, Senior Vice President, Colorado Business Bank.

Many thanks to Committee Chair, Erin Marilley and Andrea Pietka, Assured Title, for coordinating this value-added event.

Real Estate Center - Executive Director Update

After a very busy summer, our academic year is off to a great start! It is wonderful to have the extra energy that our students bring to the Koelbel building every day.

During the past few months our Real Estate Center has been very active:

• We launched our new website. While we are still in the process of adding some new features (videos and a calendar of events), you should be proud of its look and ease of accessing information. You can link directly to it at http://realestate.colorado.edu/ Please add it to your favorites.

• The Dan and Laurie Ivanoff Real Estate Development track was announced. Please see Dr. Tom Thibodeau’s article in the newsletter for more details. It’s a game changer for us!

• Our ULI Hines Design Competition Team garnered yet another award. They received the 2012 ASLA Student Award for a virtual collaboration by students of landscape architecture and real estate finance from two universities located 2,000 miles apart with 100% of the work completed remotely!

• We held our inaugural National Advisory Board meeting for the Center. This new board has 25 members and this first meeting was very active. We received great ideas about enhancements to our program from the board members. This board will help us broaden our reach and visibility nationally and assist our students with internship and job placement searches.

• Our fund raising and membership recruitment continues in full swing.

Recent New Members: Newmark Grubb Knight Frank, The Colorado Group, Jones Lang LaSalle, Keystone Partners/Parkwood RE Partners, Lincoln Property Company, Littleton Capital Partners – Jonathan Bush, First Range Management – Michael Berman, Katchen and Company – Ed Boyle, Dave Vorlage, and Carl Koelbel

Recent Renewals: Goldberg Properties, Freeman Myre, Inc. – Andrew Freeman, and Gittelman Properties – Steve Gittelman

• Katie Latier is back from maternity leave. She and her husband Jeff are the proud parents of another son, Jonathan. We look forward to his enrollment at Leeds in 2030! (Big brother Will with the new addition!)

We have an exciting fall planned with a Quarterly Meeting, a ULI Reception, and graduate and undergraduate club activities. Stay tuned for more announcements in the future.

I would be remiss if I didn’t acknowledge the yeoman’s work Lisa Peck has been doing behind the scenes. Her energy and commitment to our program is contagious. Thanks for all you do Lisa!

We look forward to seeing you at our future events and hearing from you with any ideas to continue to move our program toward Top 10 recognition!

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.