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A study conducted by Columbia Business School’s Prof. Stephan Meier, Regina Pitaro Associate Professor of Business, Management, and Charles Sprenger, Assistant Professor, Stanford University Department of Economics, determines that there may be a psychological reason for why people default on their mortgages.

BusinessWeek highlighted the Nonprofit Board Leadership Program, which pairs MBA students with alumni mentors serving on New York City nonprofit boards.

DRO PhD student Mehmet Saglam won first place in the Student Paper Competition

Professor Lynne Sagalyn kicked off the Fourth Annual Columbia Business School Real Estate Symposium with one word to describe the state of the Real Estate program: "strong." The 2011 Real Estate Symposium keynote address was delivered by Richard B. Saltzman, president of Colony Capital.

The main panel on designing and executing investment strategies centered on an outlook of cautious optimism amidst a backdrop of unprecedented uncertainty for real estate markets over the next few years.

Andrew Jacobs '96, managing director and partner of Metropolitan Real Estate Equity Management and adjunct professor at the School moderated a discussion on investor demand within the real estate equity universe - from publicly traded REITs to real estate private equity and investments.

Jeffrey Barclay '83, managing director and CIO of Goldman Sachs Asset Management's Real Estate Investment Group, adjunct professor at Columbia Business School, and chairman of the 2011 Real Estate Symposium Steering Committee moderated the panel discussion on the state of the commercial real estate debt markets.

The Future Development in New York panel, moderated by Tommy Craig '82, senior vice president, Hines, and adjunct professor, Columbia Business School, addressed the challenges and opportunities of creating large, mixed-use development projects in New York.