The essence of real estate practice is the transformation of space. MIT/CRE and its graduates have been transforming space globally for nearly 25 years, encouraging a culture of sustainability as we meet the challenges of an increasingly complex, interconnected world.

Crossing the boundaries between academic and industry disciplines – as well as nations – we have pursued innovative solutions that leverage every possible resource at MIT, applying creative approaches that improve the built environment socially, economically, and aesthetically. 

This has been possible only with the generous support of our alumni/ae. We are grateful to every graduate who has financially supported our efforts, and as our fiscal year ends, we hope your support will continue.

Please Give Now!

 

Courses Started 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

• Fundamentals of Real Estate Finance (Tod McGrath)
  DATE: June 16-17 and July 21-22

• Introduction to Commercial Real Estate Development
  (Tony Ciochetti)
  DATE: June 18-19 and July 23-24

• Real Estate Sustainability: Building Technology, Economics and Decision Making  (John Macomber)
  DATE: July 15-16

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.

• Asset and Portfolio Management (Steve Marsh)
  DATE: June 23-24

• Innovation & Entrepreneurship in the Real Estate Industry (Bill Aulet)
  DATE: July 17-18

• Real Estate Equity Derivatives I: The Basics (David Geltner)
  DATE: June 25-26 (Cambridge, MA) and July 28-29 (New York, NY)

• Real Estate Equity Derivatives II: Advanced Topics
  (David Geltner)
  DATE: July 30-31 (New York, NY)

Registration Information

The latest results of the Moodys/REAL CPPI show a decrease of 2.3% in March for the all properties national index. All four national property sectors are down from their peak prices of 2007 (with peaks in different quarters of last year for different property types). Retail is down the most from its peak, -5.7%, while offices and industrial are down the least, by -2.0% and -2.3% respectively. Apartments are in the middle, with price declines of -3.4% since that asset type's peak a year ago in the first quarter of 2007.

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After a decade in operation, Blue Cross/Blue Shield headquarters in downtown Chicago has begun its long-awaited vertical expansion. Among the world's most iconic expressions of real options theory, the building was erected in the 1990s to extend vertically while in full operation. Expansion from 36 to 60 floors is now underway, and the project team visited MIT/CRE to share their innovative solutions to the job's unique challenge.

Full Story

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.