MIT Center for Real Estate E-newsletter - OCTOBER 2007

Tuesday, October 9, 2007 MIT Center for Real Estate E-newsletter -- October 2007   VOLUME 1 ISSUE 57  
Cambridge - Maastricht Conference 2007

The Center for Real Estate hosted this year’s MIT-Cambridge-Maastricht Real Estate Finance & Investment Symposium on October 12-14. Sponsored by the Journal of Real Estate Finance & Economics, the annual international conference has been hosted alternately by Cambridge University and Maastrict University since 2000. This is the first year that the MIT/CRE has hosted the conference, a reflection of the Center’s increasing eminence in international real estate education.

The conference was attended by representatives of sixteen universities from China, England, France, Korea, the Netherlands, Singapore, Sweden, and the United States as well as representatives of seven leading and diverse real estate companies, partners of the MIT/CRE.

The Friday, October 12 segment of the program focused on institutional investment and real estate development decision-making and featured presentations by Professors Olivier de Weck and Richard de Neufville, of the MIT School of Engineering. The two professors discussed recent research, conducted collaboratively with the Center for Real Estate, on tools that can be useful for decision-making in real estate development, including an engineering perspective on “real options,” computer simulation decision tools aimed at valuing flexibility in design and construction, and addressing uncertainty in project development.

To learn more about the Symposium and read some of the papers presented, visit the web site.


 
Wheaton Shares Prestigious Graaskamp Award

Wheaton & Torto Win Prestigious Graaskamp Award

September 26, 2007

The Pension Real Estate Association (PREA) has announced that MIT/CRE Professor William Wheaton and his business partner Raymond Torto have been awarded the 2007 PREA Graaskamp Award. Granted every other year, the award is among the most prestigious in the real estate investment industry, recognizing those "who contribute to the common body of knowledge some practical insights gained through significant research." The award is named in memory of the late researcher Dr. James A. Graaskamp, a distinguished professor of real estate at the University of Wisconsin, "a champion of research of immediate use to investment decision makers." The award winners designated MIT/CRE as the recipient of the award's $10,000 scholarship.


 
New Boston Fund Sponsors Thesis Award for the Alumni Association of the Center for Real Estate at MIT
NBF pledges sponsorship for years to come; Sustainability research honored in 2007

BOSTON (October 10, 2007) – Aaron Binkley recently won this year’s Thesis Award from MIT's Alumni Association for the Center for Real Estate (AACRE).  The award is sponsored by New Boston Fund, Inc., a real estate investment, development and management firm.

 

The annual fellowship is awarded to a graduating student whose thesis work exemplifies a high level of excellence, and has the potential for meaningful contributions to the MIT Center for Real Estate, the real estate industry, and society as a whole. Candidates are nominated by a faculty advisor and the winner is chosen by an outside nominating committee.


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GRADUATION WEEKEND WEBCAST

Watch the Webcast of Graduation Weekend Events:

Research Overview
Select Thesis Presentations from the Class of 07
Sustainability Presentations by Prof. William Mitchell and Prof. John Fernandez

Webcast URL: http://web.mit.edu/cre/


 
Transportation Becomes Architecture in MIT's City Car
Graduation Weekend: Former Dean Bill Mitchell & the City Car

Transportation Becomes Architecture in MIT's City Car

If you own a car and live or work in a major city, you've had the experience of circling the block and driving street after street trying to find a place to park. How much time and gas do you waste before your "parking angel" finally comes through?

William J. Mitchell has wondered as well. As Director of the Design Laboratory at MIT's Media Lab, Mitchell is part of a research team that is rethinking the nature of urban personal transportation. In a guest presentation on September 28th at the MIT Center for Real Estate's annual Graduation Weekend, Mitchell gave a talk about his team's City Car, a revolutionary concept vehicle that seeks to dramatically raise urban transportation's efficiency and lower its environmental impact.

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ARE YOU LINKED IN?
AACRE Adds MIT/CRE to Linked In

You're invited to join the MIT/CRE Alumni Group on LinkedIn. Joining will allow
you to find and contact other MIT/CRE alumni/ae members on LinkedIn. The goal of
this group is to help members:

  • Reach other members of the MIT/CRE 
  • Accelerate careers/business through referrals from MIT/CRE Group members
  • Know more than a name - view rich professional profiles from fellow
    MIT/CRE Group members
     

Here's the link to join:
http://www.linkedin.com/e/gis/35790/0013327F7D80

Hope to see you in the group,

- The AACRE Team


 
JOB UPDATES
Recent Additions to Job Postings
http://cre-mitrex.mit.edu/mitrex/



Analyst, Real Estate

10/15/2007

Development Assistant
10/15/2007

Full Time Development Associate
10/15/2007

Vice President of Valuations
10/15/2007

Managing Director, Real Estate Advisory Services
10/15/2007

 

For detailed job postings, visit MITREX:  http://cre-mitrex.mit.edu/mitrex/.


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