[Crealums] MIT/CRE E-NEWSLETTER -- October 2004

Wed Oct 27 09:25:38 EDT 2004

MITCenter for Real Estate

Elite  o    Visionary    o    Relevant

Greetings!

Included in this edition of the MIT/CRE Alumni/ae E-newsletter are the
following items:

*	

	Alumni/ae Reunion Weekend!! -- 9/30 -10/2
*	

	CRE and AACRE at the ULI -- November 3, 2004

*	

	MIT/CRE Open House -- October 25, 2004

*	

	Bill Wheaton's Course Available On Line!
*	

	Save the Dates

*	

	Reminders and Notices (Class of 2005 Resume Book, Job Postings, and
MITREX!)

The MIT/CRE ALUMNI/AE REUNION WEEKEND a great success! (September 30 -
October 2, 2004)
http://web.mit.edu/cre/events/events/alumniweekend04.html.  

Over 70 graduates of the Center for Real Estate engaged in a wonderful range
of activities over the course of three days.  On Thursday, Jay Timon ('98),
Matt Smith ('00), and Ben Brubaker ('04) provided an overview of the retail
industry and newly minted Spaulding Award Winner Randy Nichols ('89)
presented Clayton Lane, his mixed-use project in Denver, Colorado.  

On Friday, Bill Wheaton was the keynote speaker for the alumni symposium.
Discussing the impact of Boston's Big Dig on adjoining real estate prices,
Prof. Wheaton focused on the "park effect" and the "transportation effect".
Following the symposium, graduates and students returned to the Center for a
demonstration of the MIT Real Estate Exchange.  Those present acted as an
impromptu focus group, offering excellent feedback as we look at Phase 2
improvements to MITREX.   About 35 to 40 people toured the Stata Center, a
building where "usable" space can be measured in cubic terms; the Stata
Center has 6 million cubic feet of space but 720,000 square feet, 60% to 70%
of which is "usable".  Following the tour of the Stata Center, David Geltner
presented his vision of the Center for Real Estate's future.  His
presentation was followed by a reception at the MIT Museum honoring the
Class of 2004 and Randy Nichols as the 2004 recipient of the Spaulding
Award.

At the graduation on Saturday, Dr. Hong-Bin Kang (MIT PhD, '80) addressed
the Class of 2004.  Dr. Kang spoke eloquently, stating that "The true city
builders of today are the enterprising real estate developers. Like able
impresarios, they draw money, talents and technology to produce places in
cities around the world."  

Over the course of the weekend, graduates came from East and West,
reconnecting with classmates, meeting the "new alums", and swapping stories
with the alums to be -- the Class of 2005.  The links below offer more
detailed information about some of these events:

*	

	Overview of the Retail Industry (PDF of Ben Brubaker's thesis
addressing Site Selection criteria)
http://web.mit.edu/cre/events/events/pdf/Final%20Thesis%208-06-04.pdf

*	

	Real Deal presentation -- Clayton Lane, a mixed-use development in
Denver, Colorado 
http://web.mit.edu/cre/events/events/pdf/mit-realdeals2004.pdf

*	

	AACRE/NEWIRE Symposium (Bill Wheaton's Power Point presentation and
the New England Real Estate Journal article about the event)
http://web.mit.edu/cre/events/events/pdf/BigDig.pdf and
<http://web.mit.edu/cre/events/events/pdf/MMack-NEWIRE%20article.pdf>
http://web.mit.edu/cre/events/events/pdf/MMack-NEWIRE%20article.pdf

*	

	David Geltner's State of the Center Presentation
http://web.mit.edu/cre/events/events/pdf/state_of_the_center.pdf

*	

	Research Webcast outlining the Center's three Research Initiatives
http://web.mit.edu/cre/index.html -- "See Also" section

*	

	Graduation Speech -- Dr. Hong-Bin Kang gave an elegant speech that
discussed the role of the developer in the building of cities
http://web.mit.edu/cre/events/events/pdf/graduation-speech.pdf

MIT/CRE & AACRE at the Urban Land Institute's ANNUAL MEETING -- NOV. 3, 2004
AACRE & CRE - New York City Forum on Issues and Innovations in Real Estate
(FIRE!)
 <http://web.mit.edu/cre/alumni/pdf/nov3-panel-invite.pdf>
http://web.mit.edu/cre/alumni/pdf/nov3-panel-invite.pdf

During the Urban Land Institute's annual meeting, the AACRE, CRE, and DUSP
alumni/ae will be hosting a panel discussion (moderated by Chairman Tony
Ciochetti) and reception focusing on one of the biggest issues facing New
York City today -- the redevelopment of Manhattan's west side.  The City's
plan to redevelop the area bound by the Hudson River, 8th Avenue, 42nd
Street and 28th Street will significantly transform the future of the City,
turning acres of rail yards into a thriving center of culture, sports,
tourism, and entertainment.  However, the plan is not without its critics,
who argue that it should be revised and phased differently, and that
alternative uses should be considered for the proposed stadium site on the
Western Yard.. 

Join us to hear what the leading planners and architects on both sides of
this debate have to say about the future of New York's Far West Side.  How
can the City capitalize on the momentum generated by these redevelopment
efforts while simultaneously taking into account the funding necessary for
other much needed capital projects?  Is this where the City's planning
priority should be?  Is the plan for expanded commercial development
feasible?  Join us, the event is free of charge!

MIT/CRE OPEN HOUSE -- OCTOBER 25, 2004
The 2004 Open House was held on Monday, October 25, 6:00-8:00 pm at the
Center for Real Estate.  Potential applicants were literally sitting in the
aisles and were full of questions for the faculty, staff, and for the three
alumni panelists (Jamie Pennington '02, Amanda Strong '02, and Jay Valenta
'03) in attendance.  The group was energetic and engaged.  For those of you
who referred people to us -- thanks so much and keep up the good work!

BILL WHEATON'S MARKETS COURSE AVAILABLE ON-LINE!

<http://ocw.mit.edu/OcwWeb/Sloan-School-of-Management/15-021jSpring2004/Cour
seHome/index.htm>
http://ocw.mit.edu/OcwWeb/Sloan-School-of-Management/15-021jSpring2004/Cours
eHome/index.htm

This course, offered by the MIT Center for Real Estate, focuses on
developing an understanding of the macroeconomic factors that shape and
influence markets for real property. Prof. Wheaton develops the theory of
land markets and locational choice. The material covered includes studies of
changing economic activities, demographic trends, transportation and local
government behavior as they affect real estate.  Much of the information on
the site is new and not in the text, makes extensive use of data from Torto
Wheaton, and includes lecture notes, a reading list, and if you are "up" to
it, homework!

SAVE THE DATES!

November 8,  2004 -- CRE FIRE (Forums on Issues and Innovations in Real
Estate) Washington, D.C.  In collaboration with Carr Capital and Trammell
Crow, the Center's Chairman will be moderating a panel addressing local real
estate issues.  How long can the D.C. real estate market stay "hot"? 

December 6,  2004 -- CRE FIRE (Forums on Issues and Innovations in Real
Estate) London.  In collaboration with Deutsche Bank, the Center for Real
Estate's Tony Ciochetti will be moderating a panel discussion and program on
real estate financial markets. 

CRE FIRE -- San Francisco.  Co-sponsored with member firm, AMB Property
Corporation, we look forward to a San Francisco forum on the impact of
technology on the demand for commercial real estate.  Keep an eye on the
Center's web site for further details!

CRE FIRE -- Asia and Germany.  Also stay tuned to the e-newsletters and web
site for information about 2005 programs in Germany and Asia.  We are very
excited about these international engagements and will update you as the
details are confirmed.

March 18 - 19, 2005 -- MIT/CRE'S 20TH ANNIVERSARY BASH.   In March, the
Center  for Real Estate will be celebrating its 20th Anniversary.  Included
in the festivities will be a NewVisions Gala for both alumni and members and
a conference spotlighting the Center's role as a thought leader in the real
estate industry.  Mark your calendars!  Our 20th Anniversary promises to be
a landmark and celebratory event!

Reminders and Notices 

*	Support the Center for Real Estate (
<http://web.mit.edu/giving/priorities/schools/architecture/cre.html>
http://web.mit.edu/giving/priorities/schools/architecture/cre.html).   The
need for funding to support the "new vision" of the Center is ongoing.
Please continue your support! 

*	Update Your Alumni Contact Information (
<http://web.mit.edu/cre/alumni/alumupdate.html>
http://web.mit.edu/cre/alumni/alumupdate.html).  We want to stay in touch
and keep you informed.  To help us do so, please use this URL to update your
contact information.  

*	Alumni Network Services and Alumni  <http://alum.mit.edu/> Directory
( <http://alum.mit.edu/index.html> http://alum.mit.edu/index.html).  Visit
the MIT Alumni Association's web site to find addresses and contact
information for classmates.  To request an electronic copy of the CRE Alumni
Directory, e-mail Marion Cunningham at marionoc at mit.edu. 

*	Join the Alumni Association of the CRE, AACRE(
<https://alum.mit.edu/smarTrans/user/PayDues.dyn?groupID=189>
https://alum.mit.edu/smarTrans/user/PayDues.dyn?). Thanks to joining the
larger MIT Alumni Association, CRE Alumni can pay their dues on line.  Log
in using your Infinite Connection login.  Select the dues type you'd like to
pay from the simple, secure, one-page form. Enter your billing and credit
card information, and your dues are paid for this fiscal year (7/1 to 6/30).
If you would prefer to complete your membership by mail, click on the
"Request to Pay Dues" option on the dues payment website and you will be
sent a form.  

*	MIT Real Estate Exchange, MITREX (
<http://cre-mitrex.mit.edu/index.html>
http://cre-mitrex.mit.edu/index.html).  MITREX identifies documents and
other MITREX members with similar profiles.  A searchable database, MITREX
can also be used to find documents of specific interest. This promises to be
an invaluable tool for the real estate industry.  Keep an eye out for new
information.  New data is added regularly! 

*	MIT/CRE Resume Book ( <http://web.mit.edu/cre/resumehome.html>
http://web.mit.edu/cre/resumehome.html).  The Class of 2005 resume book has
joined the Class of 2004 resume book on line.  Our students and graduates
are impressive! 

*	Note New URL!! Job Listings (
<http://web.mit.edu/cre/jobs/index.html>
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 they will be posted.  

*	Alumni Projects ( <http://web.mit.edu/cre/alumni/index.html>
http://web.mit.edu/cre/alumni/index.html and
http://web.mit.edu/cre/alumni/alumprojects.html
<http://web.mit.edu/cre/alumni/alumprojects.html and
http://web.mit.edu/cre/alumni/index.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/> 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/20041027/fda65c94/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/20041027/fda65c94/attachment.gif