[Crealums] MIT/CRE E-NEWSLETTER -- October 2005 -- APOLOGIES IF DUPLICATIVE

Wed Oct 12 13:08:20 EDT 2005

MITCenter for Real Estate

Interdisciplinary   o    Innovative    o    Industry Relevant   o
International

Greetings!

Every year is an exciting year at the Center for Real Estate and the State
of the Center presentations reflect that energy.  David Geltner became
Director of the Center in July 2003 and he titled his State of Center,
"Coming of Age".  The next year, Tony Ciochetti joined the Center as
Chairman and the State of the Center was called, "Turning the Corner".  Over
the last year, we have gained tremendous momentum and personally, I would
describe our current efforts as "Spanning the Globe - Building the Future".
I encourage you to view the State of the Center webcast.  It offers an
invigorating, insightful, and informative look into the Center and the real
estate industry.

Included in this issue of the e-newsletter are the following:

*	

	Alumni/ae Reunion Weekend: 9/29/2005 to 10/1/2005 Links
 <http://web.mit.edu/CRE/events/events/arw05webcast.html> State of the
Center and Research Webcast
 <http://cre-mitrex.mit.edu/index.html> Industrial Sector Overview, Real
Deal, and Entrepreneurship Notes ==> VISIT MITREX!

*	

	Save the Dates!

Munich FIRE, 10/14
One First REAL DEAL,10/19 --
<https://alum.mit.edu/smarTrans/user/Register.dyn?eventID=4073&groupID=189>
Register Today!
MIT/CRE Open House, 10/24
ULI Fall Meeting MIT/CRE Panel, 11/3

*	

	Jobs Posting URL ( <http://web.mit.edu/cre/jobs/index.html>
http://web.mit.edu/cre/jobs/index.html)
*	

	New on MITREX ( <http://cre-mitrex.mit.edu/index.html>
http://cre-mitrex.mit.edu/index.html)
Alumni/ae Reunion Presentations
AvalonBay Presentation
Class of 2005 Theses

*	

	Reminders and Notices 

  _____  

ALUMNI/AE REUNION WEEKEND (9/29 - 10/1)

The Center held its third Alumni Reunion Weekend September 29th to October
1st.  The theme for the weekend was "Real Estate Theory vs. Practice"  .
The Center takes seriously MIT's mission to make the world a better place by
pursuing research and activities that can have a real impact.  That
seriousness and relevance of purpose was reflected over the course of the
weekend.

We started the ARW with Robert Bransfield of AMB.  Robert talked about AMB
and the strategic need for companies to tie global logistics and
distribution with real estate.  What a contrast when Bill Wheaton talked
about urban economics and how industrial development is typically the lowest
and "worst" use for land!   Bruce Freedman provided additional support for
investing in industrial assets -- a lower risk, competitive return property
type -- when he described a Real Deal that netted about $100 million over a
six year period.   On Friday, the Center hosted Bob Danziger, Founder of
Northland Investment, and Ken Morse, Managing Director of MIT's
Entrepreneurship Center, and they established that entrepreneurship can
definitely be taught.   

The State of the Center report followed the presentations.  We webcast the
presentation and we hope you will visit our home page (web.mit.edu/cre) and
view it.  The State of the Center not only outlined the accomplishments of
the past year, but provided a blue print for the future.  There were several
resounding themes -- all of the themes that introduce these e-newsletters --
"interdisciplinary, innovative, industry relevant, international".   I would
add one more:  interdependent.  Partnering with the Institute, the Industry,
and with our Graduates has become increasingly important.  

I encourage you to visit  <http://cre-mitrex.mit.edu/index.html> MITREX to
view the presentations and to visit our <http://web.mit.edu/cre/index.html>
<http://web.mit.edu/cre/index.html>  web site to take a look at the webcast.

If you have not responded to our Reunion Survey, a survey we are encouraging
all alums to answer (even those who were unable to attend this year's ARW),
do so  by clicking on the following link: ALUMNI
<http://www.zoomerang.com/recipient/survey-intro.zgi?p=WEB224NNQGEPK8>
REUNION SURVEY.

  _____  

SAVE THE DATES!

CRE Forum on Issues and Innovations in Real Estate
( <http://web.mit.edu/cre/events/events/cre-fire.html>
http://web.mit.edu/cre/events/events/cre-fire.html)

Munich, Germany
October 14, 2005
2:30pm - 5:00pm
 <http://www.kempinski-vierjahreszeiten.de/en/hotel/index.htm?folding=1>
Hotel Vier Jahreszeiten Kempinski München
Maximilianstrasse 17
80539 München
Germany

German REITs: A Transatlantic Real Estate Investment Concept?

Co-Sponsor:  <https://www.tiholdings.com/Pages/new/alt2/index.php> Taurus
Investment Holdings, LLC

As the global demand for real estate investment products continues to grow,
there is increasing interest in the creation of a REIT structure in Germany.
This forum brings together a group of academic and industry experts to
discuss the status of G-REITs and to address the challenges and
opportunities associated with this ownership arrangement. 

Panelists

*	Prof. Dr. Tony Ciochetti
Chairman, MIT Center for Real Estate 

*	Mo Barzegar
Chief Investment Officer, AMB Property Europe B.V. 

*	Prof. Dr. Karl-Werner Schulte
Head of Department of Real Estate, European Business School 

*	Dr. Hans Volckens
Partner, Beiten Burkhardt Rechtsanwaltsgesekkschaft 

*	Dr. Heiko Beck
General Counsel, Dekabank Deutsche Gironzentrale 

*	Dr. Jürgen Schäfer
Executive Member of the Board, FERI Wealth Management 

*	Dr. Herbert Grebenc
Head of Real Estate, BMW AG 

  _____  

Real Deals -- Fall 2005
The Real Deals program is returning with an important change.  To encourage
alumni/ae participation, the sessions will be held at the Center in the
evenings.  Refreshments will be provided.  The dates and projects are listed
below:

October 19, 2005
6pm - 8:30pm
One First Street; Cambridge, MA
Leggat McCall Properties

The AACRE and the Center for Real Estate cordially invite you to One First
Street, a Real Deal Presentation, on Wednesday, October 19, 2005 at the
Center for Real Estate (120 Massachusetts Avenue, 3rd Floor).  The
presentation will be provided by John Soininen (CRE '99), project manager,
of Leggat-McCall Properties.  

Get the Real Deal behind this urban condominium development that features a
whole city block of new construction interwoven with historic buildings in
East Cambridge.  The presentation will start a 6pm at the Center, and a
reception, Q and A, and tours will be held at 7:30 at the Sales Center and
Model (One First Street, First and Cambridge Streets; East Cambridge, MA). 

 <https://alum.mit.edu/smarTrans/user/Register.dyn?eventID=4073&groupID=189>
Click here to register for this informative session.  Price: The Real Deal
at the Center is free.   Prices for the Reception are as follows: Members
$20, Non-Members $30, Current Students $0

NEXT REAL DEAL:
November 16, 2005
6pm - 8pm
505 Atelier; Boston, MA
The Druker Company

  _____  

RICS Americas: Upcoming Events in NYC, LA, Chicago, and Toronto
  <http://www.rics.org/americas> http://www.rics.org/americas

New York City - October 18: Valuation in the New Regulatory Environment:
Sarbanes-Oxley, Market Value Reporting and Other Perils. 
In conjunction with the NY Chapter of Appraisal Institute
 < <http://www.ricsamericas.com/NY10-05.pdf>
http://www.ricsamericas.com/NY10-05.pdf>

Los Angeles - October 20: Value Creation - Understanding the Developer's
Bottom Line 
< <http://www.ricsamericas.com/SoCal10-20.pdf>
http://www.ricsamericas.com/SoCal10-20.pdf>

Chicago - October 26: Value Creation - Understanding the Developer's Bottom
Line 
< <http://www.ricsamericas.com/Chicago10-05.pdf>
http://www.ricsamericas.com/Chicago10-05.pdf>

Toronto - October 27: 2005 Real Property Perspectives Lecture: 
Is Real Estate at the Top of its Valuation Cycle? An Investment Manager's
Perspective
 < <http://www.schulich.yorku.ca/srpaaevents/>
http://www.schulich.yorku.ca/srpaaevents/>

For more information, contact:

Ms. Jessica P. Horan
Education Development Manager
RICS Americas | The Chrysler Building
405 Lexington Avenue, Suite 2623 | New York, NY  10174
T: (917) 368.8120 | F: (917) 368.8136 | E: jhoran at rics.org |

  _____  

MIT/CRE OPEN HOUSE
( <http://web.mit.edu/cre/events/events/openhouse05.html>
http://web.mit.edu/cre/events/events/openhouse05.html)
October 24, 2005
6:00pm - 8:00pm
MIT Center for Real Estate, Building W31, 3rd floor

Do you remember attending an Open House when you were considering applying
to the Center? The Open House includes presentations by Center faculty,
students and alumni, and the reception which follows the program provides a
more informal opportunity for prospective applicants to ask any questions
they may have about the Center. Faculty, alumni, and current students are
available to respond to inquiries about curriculum, student life,
admissions, career development, financial aid, and more.   We encourage
alumni/ae to participate!!  You could be the person who makes the difference
in a prospective applicant's decision.

To RSVP for this event please e-mail Jennifer Boyles at jboyles at mit.edu.

  _____  

MIT/CRE ULI FIRE Event
( <http://web.mit.edu/cre/events/events/openhouse05.html>
http://web.mit.edu/cre/events/events/openhouse05.html)
November 3, 2005
6:00pm - 8:00pm
MIT Center for Real Estate, Building W31, 3rd floor

The Center for Real Estate has organized a panel discussion on graduate
education as part of the Urban Land Institute's Fall Meeting in Los Angeles.
A number of you are scheduled to attend the meeting, if you are in the
vicinity, we encourage you to come to the panel.  Participants will include
academics from MIT, the University of Wisconsin, the University of Southern
California as well as industry members.  The panel will be followed by a
reception.  It promises to be a lively discussion.

  _____  

Reminders and Notices 

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

*	Center for Real Estate Alumni Directory.  To request an electronic
copy of the CRE Alumni Directory, e-mail Marion Cunningham at
<mailto:marionoc at mit.edu> 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?groupID=189). 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, go
to the CRE alumni web site ( <http://web.mit.edu/cre/alumni/index.html)  and
download the membership form> http://web.mit.edu/cre/alumni/index.html)  and
download the membership form.  

*	MIT Real Estate Exchange, MITREX (
<http://cre-mitrex.mit.edu/index.html>
http://cre-mitrex.mit.edu/index.html).  MITREX  is a searchable database
that  can be used to find documents of specific interest and alumni/ae and
members with expertise or interests in specific areas. Currently, MITREX has
332 members and 325 items. This promises to be an invaluable tool.   

*	MIT/CRE Resume Book ( <http://web.mit.edu/cre/resumehome.html>
http://web.mit.edu/cre/resumehome.html).   Take a look, 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 (with contact information) to
<mailto:marionoc at mit.edu> marionoc at mit.edu and they will be posted.  

*	Update Your Alumni Contact Information
(http://web.mit.edu/cre/alumni/update.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 ( <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.  

*	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 and
http://web.mit.edu/cre/alumni/index.html>
http://web.mit.edu/cre/alumni/alumprojects.html ).  Send me (
<mailto:marionoc at mit.edu> marionoc at mit.edu) notices of your projects,
publications, promotions, and noteworthy events for posting on the MIT/CRE
web site.   

Best regards,

Marion Cunningham

Managing  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:  Our Graduates Build the Future

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