Interim Executive Director Update

As I conclude my duties as Interim Executive Director, I want to take the opportunity to sincerely thank the faculty, staff, council members, board members, and administration for their support over the last year. The CU Real Estate Center is fortunate to have so many supporters, at all levels, who are committed to making the Center one of the leading Centers of Excellence at the University of Colorado, and also one which is very highly regarded by the industry with which it is aligned. It has been an honor to fill in after the loss of our dear friend, Sherman Miller, and I, like you, am excited to have our new Executive Director, Mike Kercheval, step in and take the Center to new heights.

Since last June, we have been able to continue our historical program trends of very high student placement rates and satisfaction, and have provided great programs and networking opportunities to our various stakeholders and alumni. Last fall, we undertook our first stakeholder survey, learned that we are performing well, doing the right things, and that all stakeholders want to see the Center grow in both scope and stature. Our Annual Forum was well-attended and highly successful, and we have undertaken a serious look at our membership/sponsorship structure, with the end goal to increase involvement and minimize the multiple asks that have become burdensome in the past. We sponsored our second Student Trek, visiting the San Francisco area with twenty undergraduate and graduate students who visited ten firms over three days, to great reviews by the both the students and our sponsoring companies. We hired Stephen Billings as a new Associate Professor, who will start in August, and who will pick up the additional burden which had been shouldered by Tom Thibodeau and the rest of the faculty since the departure of Liang Peng last spring. And, of course, we undertook an extensive Executive Director search process, headed by Tom Thibodeau, which resulted in hiring Mike Kercheval. Mike will be stepping in to the Executive Director role after a highly successful career in the private sector, and as the long-time head of ICSC where he achieved great success in growing that organization and its support base. Please welcome Mike as he starts his new role on July 1.

All-in-all, the past year has been a solid period one for the Center, and one that has helped position us for a great future. Thank you all for your past and continuing support of the CU Real Estate Center. I look forward to seeing all of you at one of our future events!


Kim J. Koehn
Interim Executive Director

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