From marionoc at MIT.EDU Wed May 19 13:40:37 2004 From: marionoc at MIT.EDU (Marion Cunningham) Date: Wed, 19 May 2004 13:40:37 -0400 Subject: [Crealums] MIT/CRE E-NEWSLETTER -- May 2004 Message-ID: Elite o Visionary o Relevant Included in this edition of the MIT/CRE Alumni/ae E-newsletter: a.. NewVisions Campaign (http://web.mit.edu/giving/priorities/schools/architecture/cre.html) b.. MIT Real Estate Exchange c.. Thesis Day Webcast May 25! d.. Spaulding Award Nominations Due 6/15/2004 e.. MIT/CRE Coming Your Way: Las Vegas f.. Save the Dates: Reunion Weekend 9/30-10/2 g.. Professional Development Courses h.. Reminders and Notices Greetings! I believe that the MIT Center for Real Estate is on the cusp of greatness. Hopefully, you have received your invitations to join the MIT Real Estate Exchange; we are in the final stages of bringing a new Chairperson to the Center for Real Estate; and our first Thesis Day Webcast is scheduled for Tuesday, May 25th. In addition, the Center is funding industry relevant, practical research in the areas of affordable housing, real estate and the development of the future: place, product, and prerequisites, investment and portfolio management, lease analysis, and workplace design. We are involved in more projects than ever before in our history. Are these areas relevant to you? If you are interested in having a competitive advantage as a developer, the answer is "yes". If you are interested in maximizing the return of your portfolio, the answer is "yes". If you are interested in making informed investment and acquisition decisions, the answer is "yes". All of the projects I have listed will give you the advantage. The bottom line is that to maintain and sustain the level of creativity, energy, and output that is required to make the Center for Real Estate the international thought leader for the real estate industry, we need you and we need your gifts! That is really the bottom line. In one of my recent e-mails I recounted a story that President Vest shared with a group of administrators. He said that when he first came to MIT he wanted to have a capital campaign and raise $1B. The development team was aghast. Raising that much money was unseemly and unprecedented at MIT. So, President Vest raised the target to $1.5B. $2.0B was raised. The Center for Real Estate's goal is $1.2 million. Is it aggressive? Definitely, but I know we can do it. Our goals are ambitious but so are our graduates. We have done so much in a year; you have done so much in 20 years; we can do so much more together. Support the MIT Center for Real Estate and give today: http://web.mit.edu/giving/priorities/schools/architecture/cre.html MIT REAL ESTATE EXCHANGE (MITREX) -- offered exclusively to alums and members! We invite you to join: http://cre-mitrex.mit.edu/index.html The MIT Real Estate Exchange is open for business! Launched May 14, 2004, MITREX provides information to advance the real estate industry. As a a graduate of MIT's Center for Real Estate and a member of the CRE community, this is your opportunity to find out what's going on at CRE, and connect with others who share an avid interest in real estate. Members are free to download documents, contribute documents, or provide links to documents elsewhere on the web, subject to the MITREX terms of use. We invite you to join MITREX today and begin to tap into the value of this exchange. The more you participate, the more you benefit from MITREX -- information that will advance the real estate industry. THESIS DAY WEBCAST, MAY 25, 2004 -- 12pm EST http://web.mit.edu/webcast/cre/mit-cre-9057-25may2004-56k.ram Thesis Day provides you with the opportunity to get the first look at the thesis work being done by the Class of 2004. This webcast provides Members and Alumni/ae with early insight into the topics being studied, and offers you the opportunity to comment or provide suggestions on a topic of interest. Don't miss out on the chance to take part in research that could have a great impact on you and your business. Topics to be presented include the adaptive reuse of mill buildings, inclusionary housing requirements in California, the permitting process and high community barriers for commercial development, and understanding the Class A office market. To find out what interesting research topics are being pursued, go to http://web.mit.edu/webcast/cre/mit-cre-9057-25may2004-80k.ram or to http://web.mit.edu/webcast/cre/mit-cre-9057-25may2004-56k.ram, on Tuesday, May 25th at 12:00pm EST for the live webcast. If you are unable to tune in for the event live, it will be archived at the same location for the duration of the thesis term. SPAULDING AWARD NOMINATIONS DUE! Deadline June 15, 2004 The Spaulding Award This award honors the leadership, energy, and vision Hank Spaulding personified in his work and through his development of the Center for Real Estate. It is given to a graduate of the Center whose work in the industry has enriched the profession and/or who has demonstrated involvement in the community through service or leadership. It was established to honor Hank in June, 1991 when he became Chairman Emeritus of the Center. As Hank said in making the first award to Sarah Abrams, "The winner of this award is supposed to be successful at what she does, but also do it in a way that brings honor to the enterprise." To nominate yourself or a CRE graduate, visit the CRE web site for a nomination form: http://web.mit.edu/cre/about/pdf/spaulform.pdf. Nominations are due by June 15, 2004. The winner will be announced as part of the Alumni Reunion weekend. MIT/CRE Coming Your Way: Las Vegas! ICSC MEETING -- A GATHERING OF CRE ALUMS -- A Change of Venue The location of the ICSC has been moved to the Cheesecake Factory. CRE students & alums now have the following two options: Monday, May 24th: 7:00 PM: Alumni Dinner at the Cheesecake Factory located in the Forum Shops at Caesar's Palace. Please RSVP to Jay Timon at 800-277-0606 ext 205, or via e-mail at jtimon at HOTMAIL.COM. 9:30 PM to 11:00 PM: Cocktails at the Island Bar at Mandalay Bay. RSVP optional. MIT/CRE Coming Your Way: Boston! The Future of Boston's Convention Business On April 27, 2004 The Center for Real Estate joined forces with the Boston Council of the Urban Land Institute to put together a program on the state of tourism and the convention center business. The panelists engaged in a lively debate about Boston's ability to support two convention facilities. If you would like to read about the conference, the URL is http://mit.edu/cre/members/meeting.html. SAVE THE DATES 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! Tours of MIT's state of the art buildings, Simmons Hall and the Stata Center, are planned; a reception at the MIT Museum is scheduled, and all alums are invited to graduation to hear Hong-Bin Kang, former Vice Mayor of Seoul, Korea speak. Additional activities will be announced. If you would like to help plan the weekend, contact Marion Cunningham at marionoc at mit.edu or 617-253-2680. PROFESSIONAL DEVELOPMENT COURSES (http://web.mit.edu/cre/professional/index.html) During the summer of 2004, the Center will be offering the Professional Development Courses listed below. Members of the AACRE receive a 10% discount. For a mere $50, you could save $150. The AACRE membership coordinators can be reached at this URL: http://web.mit.edu/cre/alumni/index.html. We are also pleased to announce that you can now register on-line! The summer 2004 courses are listed below: 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 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.. Class of 2003 Theses (http://web.mit.edu/cre/research/thesis.html). Theses are now available on-line. Take a look! b.. 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. c.. 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! d.. 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. e.. Alumni Projects (http://web.mit.edu/cre/alumni/index.html and http://web.mit.edu/cre/alumni/alumprojects.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/20040519/45edd05e/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/20040519/45edd05e/attachment.gif From marionoc at MIT.EDU Mon May 24 13:31:29 2004 From: marionoc at MIT.EDU (Marion Cunningham) Date: Mon, 24 May 2004 13:31:29 -0400 Subject: [Crealums] MIT/CRE NEWVISIONS COUNT DOWN: 5/24/2004 Message-ID: Dear Alumni/ae of the MIT Center for Real Estate, In April 2004, the Center for Real Estate joined forces with its alums and launched the NewVisions fundraising campaign. Our goals were ambitious, because we are ambitious. We strive towards greatness and big dreams require big dollars. We have done so much in a year; you have done so much in 20 years; we can do so much more together. Support your classmates and the MIT Center for Real Estate and give today: http://web.mit.edu/giving/priorities/schools/architecture/cre.html NewVisions Countdown: 4 Days to Go $178,640 raised; $900,000 is the goal Campaign Deadline: Friday, May 28, 2004 Many classes are making excellent progress and some have even raised their goals. It is getting very exciting as we approach the campaign deadline. Campaign Statistics as of May 24, 2004 (based on pledge sheets received) Class Cash Major Gifts Pledges Total Goal % of Goal Achieved % Class Participation Special Notes 1985 100,000 50,000 150,000 15% 20% 1986 100,000 50,000 150,000 1% 8% No class reps; David Geltner, Bill Wheaton, Maria and Marion making calls 1987 75,000 50,000 125,000 1988 75,000 25,000 100,000 1989 60,000 50,000 110,000 50% 16% 1st class to have a $10,000 donor 1990 50,000 50,000 12% 6.25% 1991 50,000 50,000 1992 50,000 50,000 100,000 30% 23% 1993 50,000 25,000 75,000 1994 50,000 25,000 75,000 27% 6% 1995 50,000 50,000 27% 11% 1996 50,000 50,000 1997 40,000 40,000 51% 48% 1st to submit pledge forms Four 1st time donors Most pledge sheets submitted 1998 40,000 40,000 1999 20,000 20,000 2000 15,000 15,000 3% 3% 2001 10,000 10,000 4% 9% 2002 8,000 8,000 80% 59% Leading in % of goal reached! Leading in % participation! 2003 8,000 8,000 31% 37% All gifts are from 1st time donors 2004 5,000 5,000 Totals 906,000 325,000 1,231,000 15.0% -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.mit.edu/pipermail/crealums/attachments/20040524/42696d05/attachment.htm -------------- next part -------------- A non-text attachment was scrubbed... Name: not available Type: image/gif Size: 2528 bytes Desc: not available Url : http://mailman.mit.edu/pipermail/crealums/attachments/20040524/42696d05/attachment.gif From marionoc at MIT.EDU Wed May 26 17:09:00 2004 From: marionoc at MIT.EDU (Marion Cunningham) Date: Wed, 26 May 2004 17:09:00 -0400 Subject: [Crealums] MIT/CRE NEWVISIONS COUNT DOWN: 5/26/2004 Update Message-ID: Dear Alumni/ae of the MIT Center for Real Estate, In April 2004, the Center for Real Estate joined forces with its alums and launched the NewVisions fundraising campaign. Our goals were ambitious, because we are ambitious. We strive towards greatness and big dreams require big dollars. We have done so much in a year; you have done so much in 20 years; we can do so much more together. Support your classmates and the MIT Center for Real Estate and give today: http://web.mit.edu/giving/priorities/schools/architecture/cre.html NewVisions Countdown: 2 Days to Go $277,600 raised; $900,000 is the goal but we are targeting $500,000 as an Interim Goal with Participation by All Classes Campaign Deadline: Friday, May 28, 2004 Here are some special "shout outs": a.. Class of 1989 -- Largest dollar amount raised and the most $10,000 donations b.. Class of 1997 -- Largest number of donors and first to submit forms c.. Class of 2002 -- First to reach and surpass their goal!!!! Yeah Class of 2002. d.. Class of 2003 -- All first time donors and largest % participation Put your class on the map and make a gift now! http://web.mit.edu/giving/priorities/schools/architecture/cre.html Campaign Statistics as of May 26, 2004 (based on pledge sheets received) Class Cash Major Gifts Pledges Total Goal % of Goal Achieved % Class Participation Special Notes 1985 100,000 50,000 150,000 16% 20% 1986 100,000 50,000 150,000 18% 11% No class reps; David Geltner, Bill Wheaton, Maria and Marion making calls 1987 75,000 50,000 125,000 20% 1988 75,000 25,000 100,000 2% 1989 60,000 50,000 110,000 59% 24% The class with the greatest number of $10,000 donors Largest dollar amount raised 1990 50,000 50,000 31% 9% 1991 50,000 50,000 1% 1992 50,000 50,000 100,000 33% 28% 1993 50,000 25,000 75,000 16% 1994 50,000 25,000 75,000 27% 6% 1995 50,000 50,000 28% 11% 1996 50,000 50,000 1% 1997 40,000 40,000 53% 55% 1st to submit pledge forms Four 1st time donors Most pledge sheets submitted 1998 40,000 40,000 3% 1999 20,000 20,000 2000 15,000 15,000 5% 3% 2001 10,000 10,000 4% 9% 2002 8,000 8,000 136% 52% Leading in % of goal reached! First to surpass goal!! 2003 8,000 8,000 46% 57% All gifts are from 1st time donors Largest % participation Totals 906,000 325,000 1,231,000 23.0% -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.mit.edu/pipermail/crealums/attachments/20040526/279997f2/attachment.htm -------------- next part -------------- A non-text attachment was scrubbed... Name: not available Type: image/gif Size: 2528 bytes Desc: not available Url : http://mailman.mit.edu/pipermail/crealums/attachments/20040526/279997f2/attachment.gif From marionoc at MIT.EDU Fri May 28 11:31:08 2004 From: marionoc at MIT.EDU (Marion Cunningham) Date: Fri, 28 May 2004 11:31:08 -0400 Subject: [Crealums] MIT/CRE NEWVISIONS COUNT DOWN: 5/28/2004 Update Message-ID: Dear Alumni/ae of the MIT Center for Real Estate, Words like "visionary", "cutting edge", "innovative" and "thought leadership" are so overused that when they are appropriate, their value is diminished. So we have to come up with new words! Exquisite Magnificent Prophetic Bold Original The Center for Real Estate and its graduates are all of these things and your response to the call for support has been outstanding! I will provide updates throughout the day, but I thought I would provide a preliminary update, a preliminary word or two of "thanks", and a preliminary list of adjectives that describe you and your support of the Center. Continue to support your classmates and the MIT Center for Real Estate and give today: http://web.mit.edu/giving/priorities/schools/architecture/cre.html Listed below is our current tally of gifts. It is changing moment by moment. We are looking to hit an interim goal of $500,000 with participation from all of the classes. We want the people who are reaching out to you to lead the way with their gifts so we are listing the names of the members of the Class Teams and whether or not they have given. So far, we have participation from most of the classes. We have the following notables: a.. Class of 1986 -- A classmate has offered to match the contributions of fellow classmates b.. Class of 1989 -- The most $10,000 donations c.. Class of 1989 -- Largest dollar amount raised d.. Class of 1997 -- Largest number of donors and first to submit forms e.. Classes of 1998, 1999, & 2001 -- Greatest percentage increase in a 24-hour period f.. Class of 2001 -- A classmate has offered to match the contributions of fellow classmates g.. Class of 2002 -- First to reach and surpass their goal!!!! Yeah Class of 2002. h.. Class of 2003 -- All first time donors and largest % participation NewVisions Countdown: The Final Day $386,235 raised; $900,000 is the goal but we are targeting $500,000 as an Interim Goal with Participation by All Classes Campaign Deadline: Friday, May 28, 2004 Put your class on the map and make a gift now! http://web.mit.edu/giving/priorities/schools/architecture/cre.html Campaign Statistics as of May 28, 2004 (based on pledge sheets received) Class Cash Major Gifts Pledges Total Goal % of Goal Achieved % Class Participation Class Co-Chairs and Ambassadors 1985 100,000 50,000 150,000 16% 20% Sarah Abrams and Jim Thomas 1986 100,000 50,000 150,000 18% 11% No class reps; David Geltner, Bill Wheaton, Maria and Marion making calls 1987 75,000 50,000 125,000 20% Ted Horton and Mike Smith 1988 75,000 25,000 100,000 2% Kathy MacNeil and Chip DeMoss 1989 60,000 50,000 110,000 59% 24% David Marvin and Peter Genta are Co-Chairs, both have supported the campaign Largest dollar amount raised 1990 50,000 50,000 31% 9% Adam Meinstein and Gilles Quintal 1991 50,000 50,000 1% Mike Cercone and Lynn Fitzpatrick 1992 50,000 50,000 100,000 84% 59% Oliver Carr and Clint Fisch are Co-Chairs, both have supported the campaign Moved to the front in terms of absolute dollars raised!! 1993 50,000 25,000 75,000 16% Peter Merrigan and Kristin Olson 1994 50,000 25,000 75,000 27% 6% Jeff Johnston and John Perkins 1995 50,000 50,000 28% 11% Matt Ostrower and Roger Mann 1996 50,000 50,000 1% Roberto Arista and Sameer Nayar 1997 40,000 40,000 53% 55% Kristi Prigmore and Josh Anderson 1st to submit pledge forms Four 1st time donors Most pledge sheets submitted 1998 40,000 40,000 3% Kristin Blount and Anthony Simboli 1999 20,000 20,000 Jake Boyer and Lisa Davis 2000 15,000 15,000 5% 3% Ben Pettigrew and Matt Smith 2001 10,000 10,000 4% 9% Jen Cookke and Bryan Shumway are Co-Chairs, both have supported the campaign 2002 8,000 8,000 136% 52% Jamie Pennington and Amanda Strong Leading in % of goal reached! First to surpass goal!! 2003 8,000 8,000 46% 57% Forrest Westin and Walker Collier are Co-Chairs, both have supported the campaign Dustin DeNunzio and Elizabeth Wolff are Ambassadors and have also supported the campaign All gifts are from 1st time donors Largest % participation Totals 906,000 325,000 1,231,000 31.0% -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.mit.edu/pipermail/crealums/attachments/20040528/71437b34/attachment.htm -------------- next part -------------- A non-text attachment was scrubbed... Name: not available Type: image/gif Size: 2528 bytes Desc: not available Url : http://mailman.mit.edu/pipermail/crealums/attachments/20040528/71437b34/attachment.gif