Real Estate

The conference “State Intervention and Private Enterprise: Japan, the U.S., and China” addressed state intervention in private enterprise, comparing recent and historical trends in the United States, China, and Japan. Speakers and discussants including Paul Milstein Professor of Real Estate Christopher J. Mayer addressed a broad range of topics relevant to the subject of intervention, including real estate finance.

Alicia Glen, managing director at Goldman, Sachs & Co., heads the firm’s Urban Investment Group (UIG), which provides capital to underserved domestic urban markets. Also an adjunct professor in the Finance and Economics Department, she teaches Social Impact Real Estate Investing and Development, offered for the first time in fall 2012. In a recent interview with Annie Koo ’14, Glen discussed how to connect the dots between the public and private sectors as well as her career path and teaching.

Professor Lynne B. Sagalyn traveled to Sydney in May to advise the Australian School of Business at the University of New South Wales on establishing a real estate program. During her visit as the Andrew Roberts Visiting Professor, Sagalyn conducted a research seminar, met with academics and industry professionals, and participated in an industry panel discussion on commercial real estate market trends.

Tomasz Piskorski, Edward S. Gordon Associate Professor of Real Estate at Columbia Business School, has been named a co-recipient of the 2013 AQR Insight Award for his research on how to identify and quantify misreported loans in the $2 trillion market for private mortgage-backed securities.

The Columbia Business School Real Estate Association (REA) is pleased to announce the co-presidents and vice presidents elected for the 2013-14 academic year.

Columbia Business School is pleased to have two real estate-focused women awarded real estate scholarships from WX New York Women Executives in Real Estate.

The largest-ever gathering of real estate alumni, spanning more than 50 class years, took place on April 30 at the Columbia Club of New York. This 2013 Annual Alumni Real Estate Reception honored Distinguished Real Estate Partner John R. Klopp of Morgan Stanley Real Estate Investing.

Neng Wang, the Chong Khoon Lin Professor of Real Estate at Columbia Business School, has been awarded a 2013 Research Grant from the School’s Jerome A. Chazen Institute of International Business to further his work on dynamic entrepreneurial finance.

Andrew Jacobs '96, managing director and partner at Metropolitan Real Estate Equity Management, focuses on identifying, evaluating, and overseeing real estate private equity fund managers and investment opportunities in the eastern United States and Latin America. An adjunct associate professor in the Finance and Economics Department, he teaches the Real Estate Project Class. In a recent interview with Diego Banos Garcia '13, he discussed his firm’s business, opportunities in the current economic climate and his teaching.

South America’s leading economy and one of the most intriguing markets for global real estate investors was the destination for this year’s Columbia Business School Real Estate Association international study trip. From March 16 to 24, twenty-eight students and two faculty members traveled to Brazil, meeting with more than a dozen financial institutions, government organizations, and real estate developers, investors, and service companies in Sao Paulo and Rio de Janeiro to gain a sense of the market landscape and understand how companies are approaching current opportunities.