MIT Center for Real Estate E-newsletter - May 2008

Tuesday, May 6, 2008 MIT Center for Real Estate E-newsletter -- May 2008   VOLUME 1 ISSUE 85  
AACRE/NAIOP SPRING SYMPOSIUM - MAY 16, 2008
http://web.mit.edu/cre/

Real Estate Capital Markets:
Strategies in Uncertain Times

Friday, May 16, 2008
MIT Faculty Club (50 Memorial Drive, 6th floor, map)

7:45 am - 12:00 pm


Real estate capital markets have sailed headfirst into rough seas of softening economic fundamentals, greater risk premiums, and tightening credit. How can capital providers and users thrive? On Friday, May 16th, the Alumni Association of the Center for Real Estate (AACRE) and the National Association of Industrial and Office Properties (NAIOP) are sponsoring a Spring Real Estate Symposium that will present some of the region's biggest stakeholders as they offer strategies for 2008 and beyond.  (To Register)


7:45 - 8:15
Registration and Breakfast
 
8:15 - 8:30
Greetings and Introduction of Keynote Speaker
 
8:30 - 9:00
Keynote Speaker - Bill Wheaton (Torto Wheaton)
 
9:00 - 9:15
Introduction of Panelists
 
9:15 - 10:30am
Panel 1
Capital Providers - A new lending paradigm?
 
Moderator - Riaz Cassum (HFF)
CMBS: Chris Tierney (Goldman Sachs)
Bank: Susan Leff (Wells Fargo)
Life: Bill McPadden (John Hancock)
Equity: Martin Zieff (Alcion)
 
10:45am - 12:00pm
Panel 2
Capital Users - How are projects breaking ground and deals getting done?
 
Moderator - Brian Kavoogian (Charles River Realty Investors)
Development: Jay Doherty (Cabot, Cabot & Forbes)
Development: Tom O'Brien (JPI)
Development/Value Add: Eric Schlager (The Bulfinch
Companies)
Development/Value Add: Young Park (Berkeley
Investments)


 
AACRE-NY EVENT: REAL ESTATE CRISIS OR CORRECTION?
A Discussion with Industry Leaders

A near-capacity crowd of alumni and students filled the Grand Salon at the 3 West Club in New York on Thursday, May 1 to hear a panel of real estate industry leaders assess the current status of the commercial real estate market. Developed in cooperation with the MIT Alumni Club of New York and the Alumni Association of the Center for Real Estate (AACRE), the popular program was the kick-off to this year’s New York City Trek, the MIT/CRE’s highly anticipated annual investigation of the nation’s commercial real estate center.


[FULL STORY]
 
ALUM, ROBERTO ARISTA, OFFERS WORDS OF WISDOM
Grad and His Banker Team Up to Teach
http://web.mit.edu/cre/alumni/arista96_entrepreneu...



Entrepreneur Roberto Arista '96 and his banker Janet Spencer established a remarkably rewarding and successful business partnership — so much so that they regularly visit the Center to give students an inside look at its day-to-day workings. Their presentation series "The Entrepreneur and His Banker" is now in its 4th year, and details the evolution of their working relationship, the growth of his companies, and the mechanics of financing in good markets and bad.


 
UPCOMING EVENTS: MIT/CRE Professional Development Courses
Alums Receive 10% Discount; AACRE Members Receive 25% Discount

 

Courses Start in June!

Enroll in the Center for Real Estate's
Summer 2008 Professional Development Institute 

http://web.mit.edu/cre/education/profed/

Education in the MIT Tradition

Real Estate Executive Series

Four courses targeting the needs of senior executives in the real estate industry form the core of the Executive Series. Designed in response to feedback from senior executives in the real estate industry and tailored to meet their needs, all of the courses are high level and address the complex day-to-day needs of top real estate professionals in a global industry faced with increasing challenges.

 

Registration Information


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




Use MITREX to access the following job postings:


Vice President

at CresaPartners
Posted 5/9/2008
The nation's fastest-growing national Tenant Representation firm in the Corporate Real...

Research Associate II
at CresaPartners
Posted 5/9/2008
The nation's fastest-growing national Tenant Representation firm in the Corporate Real...

INTERNSHIP - REAL ESTATE SUMMER MBA
at Oaktree Capital Management, L.P.
Posted 5/9/2008
Oaktree Capital Management, L.P., is a Los Angeles-based investment management firm with more...

Real Estate Research and Strategy – Asia Pacific Markets - Director/VP
at Management Recruiters of Shorewood Hills
Posted 5/2/2008
Location:   New York City Metro Area – with eventual relocation to Asia

Senior Director of Real Estate
at The MENTOR Network
Posted 5/2/2008
The MENTOR Network, a leading provider of home and community-based human services to individuals...

Chief Investment Officer
at Kenniff & Racine
Posted 5/2/2008
Our client is the largest company in the Canadian seniors housing sector and the third largest in...

RETAINED SEARCH: Business Analyst – Real Estate and IT Background
at Management Recruiters of Shorewood Hills
Posted 5/2/2008
Client of Management Recruiters of Shorewood Hills is looking for a Business Analyst with a...

Investments Manager/Director
at AvalonBay Communities, Inc.
Posted 4/22/2008
POSITION BACKGROUND: AvalonBay Communities, Inc. is a real estate investment trust (a...


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


 
The MIT REAL ESTATE EXCHANGE (MITREX)
Recent Additions!
http://cre-mitrex.mit.edu/mitrex/




MITREX UPDATES:



Real Estate Information in Japan (May 2008)
5/9/2008

Key Transactions (Reported in April 2008)
5/9/2008

Seducing the Sun
5/2/2008

Real Estate Crisis or Correction? A Discussion with Industry Leaders
5/2/2008




Note: NEW LOGIN INFORMATION
Please note, user passwords were reset in the process of migrating from MITREX-1 to MITREX-2.  Your new password is your e-mail address.   Please log into MITREX using your e-mail address as your login.  Once logged in, click on "My Profile" and then "Edit My Personal Information" to change your password into something more secure.

If you haven't already signed up to access MITREX, we invite you to do so.


 
AACRE News and Updates
http://web.mit.edu/cre/alumni/

AACRE Network AACRE MEMBERSHIP
Have you renewed your AACRE membership? The $50 dues payment provides discounts to AACRE events and a 25% discount on PDCs!
Click to pay dues.  


Calling all Europe-based Alumni/ae
Do you work with or have an interest in European Real Estate? A network of Europe-based alumni/ae has formed, and their goal is to develop and expand the real estate network. If you are interested in joining the MIT/CRE European network, e-mail Nick Spencer (CRE '03) with your contact details. Nick can be reached at
nspencer@alum.mit.edu.


Calling all San Francisco-based Alumni/ae
San Francisco alums have been gathering monthly to eat, catch up on the local commercial property market, and network.  The next gathering is scheduled for Wednesday, May 21st:

Wed May 21 6pm - 8pm
(Timezone: Pacific Time)
Palio d'Asti Restaurant, 640 Sacramento Street, San Francisco, CA (map)

For more information contact Ted Horton at
theodorehorton@gmail.com or tedh@antaeus.com.

 
REMINDERS AND NOTICES

Support the Center for Real Estate. The need for funding to support the "new vision" of the Center is ongoing. Click here to continue your support!


The 2008 Version of the MIT/CRE Alumni Directory is NOW available through 
MITREX


Join AACRE, the Alumni Association of the MIT/CRE
. Thanks to the MIT Alumni Association, MIT/CRE alumni/ae 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).  


The  Class of 2008 MIT/CRE Resume Book is now available in
MITREX. Take a look, our students and graduates are impressive! 


Alumni Network Services. Visit the MIT Alumni Association's web site to find addresses and contact information for classmates.


 
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