Fall 2016 Academic Director Update

Scott Cox has agreed to teach our undergraduate Real Estate Development course this fall. Between 2004 and April 2016, Scott was with IHP Capital Partners. IHP has invested more than $19B in for-sale residential projects throughout the US. For ten years prior to IHP, Scott was the Regional Manager of Residential Construction Lending and Public Homebuilding for Guarantee Bank. Scott has an MBA from UCLA, a Bachelor of Architecture from Cal Poly-San Luis Obispo, is a licensed architect and a member of ULI’s Community Development Council. Thanks to Eliot Hoyt for introducing Scott to CUREC.

Our MS program has 5 students enrolled in the 2016-2017 MS in Real Estate program.

2016 Enrollment Breakdown for MBA & MS Students:

  • 24 - Real Estate Finance and Investments
  • 23 - Real Estate Economics
  • 15 - Real Estate Law
  • Our undergraduate program continues to grow:

  • Principles of Real Estate - 4 sections with a total of 161 students (9 waitlisted)
  • Real Estate Finance and Investments - 2 sections with a total of 67 students
  • Real Estate Law - 1 section with 57 students
  • Real Estate Development - 1 section with 33 students
  • Introduction to Real Estate - 1 section with 14 students
  • GREA Update

    The GREA co-organized happy hour event with CUREC at the LazyDog in downtown Boulder. Students utilized the opportunity to network with fellow real estate students as well as some of our academic staff.

    The GREA successfully delivered our first lunch and learn which the main focus was on an internship panel of second years who had an internship opportunity in real estate over the summer. Multiple students came up to GREA after the meeting thanking us for such an informative meeting.

    The GREA in particular Katie Bloudoff and Chris Antonov, successfully led our first off site with Morgan Creek Ventures. Twelve students were able to attend in addition to Katie Latier. I have heard rave reviews on the tour, the GREA will make it a priority to lead similar type event in the near future.

    Undergraduate Real Estate Program Update

    The RE Certificate Program continues to show solid growth. The real estate seniors are breaking our record as our largest senior class of 94 students. Ten of them are graduating in December 2016 and the other 84 will be enrolled in the 2017 spring RE Internship class. Here’s a breakdown of what they are studying in addition to the Real Estate Certificate.

    Overall, we currently have a total of 141 seniors, juniors and sophomores signed up to earn the Real Estate Certificate including 40 young women. This fall we are offering 6 sections of real estate classes (Principles, Finance, Law and Development) and have filled 320 seats with interested students.

    Co-Curricular Events this Academic Year - In addition to the bi-weekly meetings of the RE Club with outstanding industry speakers, construction site tours and Habitat for Humanity service projects, the Center offers a large number of co-curricular activities. Every fall we have a basic Excel training class for 6 weeks (non-credit) plus an advanced Excel for real estate analysis workshop in early December.

    The undergraduate club is organizing an industry association night in early November. We should have 14 or so associations present (ULI, NAIOP, CREW, etc) to talk to students about student memberships and events. The graduate real estate students (MBA/MS) will be invited, too.

    Job Placement for the May and August 2016 Grads - Job placement this past spring and summer was very successful with a 93% placement rate for the real estate seniors who were looking for employment. Newly minted graduates are working for CBRE (Denver), Marcus & Millichap (Chicago and San Diego), Prologis, King Soopers Real Estate Division, United Properties, Broe RE Group, Conscience Bay, Rare Space, Prior and Associates, Bellweather Asset Management (LA), Ruschmeyer Corporation, Inverness Properties, McCaffrey Interests and Berland Development Group among others.

    MBA Internships and Job Placement

    Thank you to all of the companies that have placed our graduate students and graduates into internships and permanent jobs this year!

  • Baceline Investments
  • Coburn
  • D4 Urban
  • Dividend Capital
  • EverWest
  • First National
  • Forum Real Estate
  • Headwaters MB
  • JL Properties
  • JLL
  • Legacy Capital
  • McCaffery Interests
  • McKinsey & Company
  • Morgan Creek Ventures
  • Palisade Partners
  • Pulte Mortgage
  • RE Solutions
  • Sandia Labs
  • SB Clark
  • Silverwest
  • Trammell Crow Residential
  • UDR
  • Urban Villages
  • UNDERGRADS TO ADD RE CASE COMPETITIONS

    The CU Real Estate Center will again be sending teams of undergrad real estate students to several real estate case competitions this year. A couple of years ago we only participated in one event – the USC International Real Estate Case Competition each spring semester. Last year we participated in three events, and this year the plan is to add a fourth competition.

    This year’s case competitions open with the Sherman Miller Real Estate Competition later in the fall semester. This event enters its third year and pits teams from CU, CSU and DU fighting it out over instate bragging rights. CU won the inaugural event in 2014, but placed second to CSU in last year’s event. CU plans to return to its winning ways as DU hosts the event for the first time on November 4th.

    First up in the spring semester will be the new event for CU – the Villanova Real Estate Challenge. Just a couple of weeks later comes the international competition at USC. And the final event will be the retail case competition hosted by Cornell at ICSC’s annual RECon convention in Las Vegas in May. As you can see, there’s no rest for the weary during our spring semesters.

    These case competitions give our students a fantastic opportunity to take what they have learned and are continuing to learn in the classroom and put it all together in a “real life” application. It is not only very challenging and rewarding in itself, we’ve found it gives our students a major advantage as they enter the industry with experience in organizing, analyzing and presenting complex real estate investment and development deals.

    Our participation in these events would not be possible without ongoing support from our Council Members and other industry partners. Thank you!