From marionoc at MIT.EDU Fri Feb 20 16:18:49 2004 From: marionoc at MIT.EDU (Marion Cunningham) Date: Fri, 20 Feb 2004 16:18:49 -0500 Subject: [Crealums] MIT/CRE E-NEWSLETTER -- February 2004 Message-ID: Greetings! The Eastman Chair Search Committee has met and selected three finalists, all of whom have visited MIT. We expect to make a decision soon and will then move the appointment process through the departmental, school, and Academic Council levels, with the Chair hopefully in place by the end of the summer. We have redefined the position of the Eastman Chair to reflect the emphasis on navigating effectively both the academic and industry environments, consistent with our strong commitment to bridge the two in all our activities and programs. Moreover, given our commitment to building our research platform, we felt the Center needed a PhD-level Chair who would participate in research and, therefore, who could more effectively bring this perspective to industry. Things are moving at an aggressive clip so stay tuned. MIT/CRE RESEARCH INITIATIVES (http://web.mit.edu/cre/research/index.html) The CRE faculty is engaged in several research initiatives. Each of these initiatives are outlined on the Center's web site. Topics include the Workplace of the Future, the development of a Commercial Property Pricing Index, and studies that look at Single Family Housing Prices, the Term Structure of Office Leases, and the Degree of Land Use Regulation in Massachusetts. Also under development are research programs that assess housing affordability and ways to incorporate and reflect technology in the development of urban areas. AMB PROPERTY CORPORATION (http://web.mit.edu/cre/events/pdf/B%20FREEDMAN%20021204%20MIT%20FINAL.ppt) On Friday, February 13th the Class of 2004 was treated to an excellent overview of the industrial sector. The overview was provided by Bruce Freedman, EVP with AMB Property Corporation. A copy of Mr.. Freedman's Power Point is available on the MIT/CRE web site: http://web.mit.edu/cre/events/pdf/B%20FREEDMAN%20021204%20MIT%20FINAL.pp ALUMNI/AE DEVELOPMENTS Artist Space Initiative, Boston, MA Peter Roth '85, President, New Atlantic Development Corporation New Atlantic was designated developer by the Boston Redevelopment Authority to redevelop three urban renewal parcels in the South End for a mixed- use project that includes artist studios and gallery space, affordable artists' live/work space, and market rate condominiums. This project represents the first public land disposition related to the Mayor's Artist Space Initiative. It's a really interesting and unusual project, and Peter is very excited to have won the competition. A rendering of the project is on the CRE web page: http://web.mit.edu/cre/alumni/alumprojects.html Wall Street Journal, More Wires, More Brands, More Owners (WSJ, 2/9/2004) (http://web.mit.edu/cre/alumnews.html) Andrew Henshon, '02 Boston Consulting Group In the Wall Street Journal's February 9, 2004 article on real estate trends, CRE graduate Andrew Henshon was quoted regarding the value of branding. To read the full article, click here: (http://web.mit.edu/cre/alumnews.html) SAVE THE DATES April 27, 2004. The Center for Real Estate has joined forces with the Boston Council of the Urban Land Institute to put together a program on the fate of tourism and the convention center business. The program will be held the morning of Tuesday, April 27th at Boston's Hynes Convention Center. Additional details will be presented in future e-newsletters and posted on the Center's web page. May 25, 2004. A webcast of student thesis proposals is planned for Tuesday, May 25, 2004. Students will present their thesis ideas for feedback from the alumni/ae and member communities. September 30 - October 2, 2004. Next year Alumni Reunion weekend will be September 30th through October 2nd. Mark your calendars now and make plans to visit the Center! PROFESSIONAL DEVELOPMENT COURSES (http://web.mit.edu/cre/professional/index.html) During the summer of 2004, the Center will be offering the following Professional Development Courses: June 14-15 Fundamentals of Real Estate Finance. This two-day seminar introduces the basic concepts and tools used by real estate developers, investors, lenders, architects, and public sector officials to analyze the financial feasibility of real estate development. June 16 -17 Real Estate Development. This course is designed to present the real estate development process primarily from the perspective of the equity participant. June 18 Legal Issues in the Development Process. Legal Issues in the Development Process will address the legal issues that arise in acquisitions, financing, and leasing. June 21 - 22 Real Estate Markets. The course will provide participants with the latest perspective and economic research about what forces are currently shaping cities, and how US real estate markets will likely behave in the decade ahead. June 23 - 24 Topics in Real Estate Finance. Current topics of interest to real estate professionals will be addressed in this course. Topics will include the pricing of commercial real estate, the optimal financial structure for real estate organizations, and investment opportunities in the lower-rated CMBS market. June 28 ? 29 or July 19 - 20 Portfolio & Asset Management. Portfolio and Asset Management is designed to provide the student with an overview of the institutional process associated with the selection, acquisition, management and disposition of real estate assets. June 30 - July 1 Affordable Housing Development. This two-day course will address the business, legal, and financial aspects of developing affordable housing. July 2004 Entrepreneurship in the Built Environment. This one-day seminar will concentrate on entrepreneurial opportunities in the built environment. The course will discuss the concepts, skills, information, attitudes, and resources that entrepreneurs need. July 15-16 Green Development .This two-day course is designed to give an in-depth overview as well as a level of hands-on experience related to green development. Reminders and Notices a.. State of the Center. If you did not receive a copy of David Geltner's State of the Center report and would like one, contact Rosrin (rosrin at mit.edu, 617-253-8311). b.. Class of 2003 Theses (http://web.mit.edu/cre/research/thesis.html). Theses are now available on-line. Take a look! c.. Updated Alumni Directory Now Available. The Center has updated the Alumni Directory. To get an electronic copy contact Stephanie Bright at sbright at mit.edu or 617-253-8308. d.. Class of 2004 Resume Book (http://web.mit.edu/cre/resumehome.html). The Class of 2004 resume book joins the Class of 2003 resume book on line. Take a look; you will be impressed! e.. Note New URL!! Job Listings (http://web.mit.edu/cre/jobs/index.html). Have a job you want to fill or seeking a new opportunity? We have the right person and the right job! Send your job listings to marionoc at mit.edu and I will post them. f.. Alumni Projects (http://web.mit.edu/cre/alumni.html). Send me (marionoc at mit.edu) notices of your projects, publications, promotions, and noteworthy events for posting on the MIT/CRE web site. Best regards, Marion O. Cunningham Associate Director MIT/Center for Real Estate 77 Massachusetts Avenue W31-310 Cambridge, MA 02139-4307 Phone: (617) 253-2680 Fax: (617) 258-6991 http://web.mit.edu/cre/ CRE: 20 Years of Building the Future -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.mit.edu/pipermail/crealums/attachments/20040220/3dbf91de/attachment.htm -------------- next part -------------- A non-text attachment was scrubbed... Name: not available Type: image/gif Size: 4067 bytes Desc: not available Url : http://mailman.mit.edu/pipermail/crealums/attachments/20040220/3dbf91de/attachment.gif