List Advisory Board or Community Board Members:
The mission of the Center is to promote the professional growth and development of faculty, students, and real estate practitioners by providing a forum for the discussion of current real estate issues, providing professional and advisory services, raising financial support for students and offering educational opportunities.
The Center will build upon its past successes. This will entail the continuation of providing scholarships for students and educational opportunities for the real estate professional community. We will also expand our activities to get alumni more involved with our students, the College and the University.
The objectives of the Center will be to:
1. Provide scholarships to students completing the real estate major.
2. Provide funds to enable students to network with real estate professionals.
3. Connect current students with mentors from the real estate community.
4. Create a Real Estate Alumni Association which will provide alumni with networking opportunities and increase their involvement with the University.
5. Provide educational opportunities to the real estate community.
6. Provide resources for faculty research.
7. Provide resources for real estate classes.
1. Scholarships: The Real Estate Land Use Institute has agreed to provide funds for scholarships. We are currently in discussions with the International Council of Shopping Centers and the Appraisal Institue. We will also be pursuing scholarships from alumni and other organizations.
2. Student Networking: Last year we provided funds for students to attend the Annual Conference of the International Council of Shopping Centers. The ICSC is providing opportunities for students to enroll as Student Members for a nominal charge. We are also in discussions with local real estate organizations to invite students to their monthly meetings.
3. Mentors: The International Council of Shopping Centers has agreed to provide students with mentors. We will contact other organizations through alumni.
4: Alumni Involvement: Create a Real Estate Alumni Association which will provide alumni with networking opportunities and increase their involvement with the University.
5. Educational Opportunities: This will be done through programming which will consist of the Economic Summit and/or panels on various real estate topics of interest to real estate professionals and investors. The Lambda Alpha International Real Estate Honor Society has agreed to provide speakers. We have, also, begun preliminary plans to co-sponsor events with the International Conference of Shopping Centers.
6. Research Resources: CoStar has agreed to donate their extensive database to the Center. The database contains extensive sales, rental and economic data. The Center has also purchased a subscription to the Reis Reports. The subscription was purchased at a large discount.
7. Class Resources: The Center has purchased a subscription to Marshall Valuation Service. The package will enable students to estimate construction costs for their class projects. We are also in discussions with CoStar to donate a temporary account for each student. Economic data will be generated and provided to students via the Reis Reports.
Since 1998 we have created a network of involved real estate professionals. There has also been a growing network of real estate alumni. This has provided us with access to real estate corporations and professionals.