News from The Real Estate Center

The Real Estate Center Newsletter

Developments

January 11, 2008

In This Issue

SIOR Scholarship Recipient Announced

Winter 2008 Continuing Education Courses

UPCOMING: Chicago Commercial Real Estate Forecast

UPCOMING: Managing Risk in Sustainable Building Conference

SIOR Scholarship Recipient

In December, the Society of Industrial and Office Realtors Chicago Chapter (SIOR) met to select their 2007 scholarship recipient. The committee considered five highly qualified finalists and awarded the $2,500 scholarship to Lindsey Fahey who is working on her MBA in Real Estate Finance & Investment at DePaul while working as an Associate Planner at TD&A. Her expertise includes Geographic Information Systems, site design, historic preservation and development management.

Fahey Fahey was recognized at SIOR's Holiday Luncheon on December 7, 2007, and she is now eligible to attend SIOR-Chicago Chapter business meetings through her duration in the MBA program.

Winter 2008 Continuing Education

Buildings and Construction Part I: The Design Process, Budget, Construction/Contract Documents and Blueprint Reading

Instructor: Paul Bodine, licensed architect, entrepreneur & veteran of the award-winning W.W. Grainger website division. Bodine, Paul

Date: January 18, 2008
Time: 9:00am-5:00pm
Fee: $300
Registration closes January 14^th. A $50 fee will be charged to late registrants. Day of registrations are not taken.

Register now.

Course Description: This course will provide an overview of the role the Architect plays in the construction process. It will include the information they need to begin their work, the process they follow, the tools and resources they use, construction, budget and permit considerations, and the deliverables they produce that the Contractor follows when building the building. Time will be set aside at the end for the "soup-to-nuts" of blueprint reading.

Buildings and Construction Part II: Building Parts, Systems and Materials

Instructor:
Paul Bodine, licensed architect, entrepreneur & veteran of the award-winning W.W. Grainger website division.
Date: January 25, 2008
Time: 9:00am-5:00pm
Fee: $300
Registration closes January 18^th. A $50 fee will be charged to late registrants. Day of registrations are not taken.

Register now.

Course Description: This course will provide the student with an in-depth understanding of the parts of a building, the equipment that makes up its many building systems-structural, plumbing, fire suppression, electrical, HVAC, etc. and the materials used for its structure, roof, ceilings, floors, windows, doors, walls and surfaces. Guidelines for selection and construction coordination will be provided.

Nuts & Bolts of Condominium Law

Instructor:

Adam T. Berkoff, head of the Condominium Practice Group of DLA Piper
Date: February 26, 2008
Time: 10:00am-2:00pm
Fee: $150
Registration closes February 19^th. A $50 fee will be charged to late registrants. Day of registrations are not taken.

Course Description: This course will examine how a condominium is structured and how a condominium functions, including an in-depth discussion of the requirements of the Illinois Condominium Property Act and the City of Chicago Condominium Ordinance. In addition to examining the traditional residential condominium regime it will include a discussion of "non-traditional" condominium regimes, such as hotel condominium and commercial condominium projects. It will also touch upon compliance with the Federal Interstate Land Sales Full Disclosure Act and some of the nuances involved in structuring mixed-use, mixed-ownership high-rise projects.

Chicago Commercial Real Estate Forecast Conference & Expo

January 22, 2008 - Hyatt Regency Chicago - East Tower - Grand Ballroom

7AM - 8AM - Registration, networking breakfast and table top exhibits

8AM - NOON Conference

Registration is $119

General Session
According to the Economist
Dr. Michael Miller, an economist from DePaul University, provides an evaluation of local, regional and national factors that will shape the economy in 2008 and beyond-recessionary concerns, the housing market, the sub-prime factor, etc.

General Session
Chicago Real Estate: The Big Picture Focus

General Session
Legal Issues Impacting Real Estate

General Session
The Debt Market Outlook for 2008

For more information and to register, click here.

Managing Risk in Sustainable Building: Policy, Performance & Pitfalls

In the rush to build green, owners, developers, contractors and design professionals are taking on new risks--often unknowingly. Many don't understand that sustainable building involves more than achieving ratings.

This two-day conference, co-sponsored by The Real Estate Center and the Alberti Group, will bring risk into the sustainable building equation:

What happens if anticipated "green" benefits fail to meet expectations?
Who bears the risk of failure as the project moves from concept through design and to completion?
How can sustainability move from this year's hot trend toward becoming standard practice if risk is not brought into the equation?

The conference will provide an objective context for professionals, managers and business owners to make better-informed decisions in this fast-moving area.

Speakers include:

Roger H. Bezdek, President of Management Information Services

Dan Lemieux, Wiss Janney Elstner, Washington, DC