DePaul University 
The Real Estate Center Newsletter
Developments
April 8, 2009
In This Issue
Prestigious Academic Real Estate Medal Awarded to Dr. James Shilling
Faculty in the Media
New Post-MBA Concentration Program
DREAA Speed Networking Event
RERC Provides Practical Experience to Graduate Class
DePaul Real Estate Center Joins CCIM University Alliance Program
Prestigious Academic Real Estate Medal Awarded to Dr. James Shilling 
 
The American Real Estate Society (ARES) annually recognizes a
person who has created a significant body of published research in academic and refereed professional journals, spanning at least two decades, that includes multiple important, influential writings in journals and/or books.  The David Ricardo Medal represents the highest recognition by ARES of scholarly work in the real estate discipline. 
 
ShillingThis year, the committee selected Dr. James Shilling, the Michael J. Horne Chair of Real Estate Studies at DePaul University, as the honored recipient.  Dr. Shilling received the award at the annual ARES conference on April 2, 2009 in Monterey, CA. 
 
Faculty in the Media
 
ColeChicago media frequently rely on the expertise of DePaul's real estate faculty to share their knowledge and insights on current affairs.  Dr. Rebel Cole has been a regular go-to recently.  Some of his interviews include:
 
 
 
 
 
 
 
Jan. 22, 2009: First Business: Obama's Plan: Will it Work?
Jan. 23, 2009: First Business: New Treasury Secretary
Feb. 2, 2009: WFLD FOX 32 Chicago: Interview on Wall Street Bonuses
Feb. 3, 2009: First Business Bank Bank, Bad Idea?
Feb. 10, 2009: First Business Fixing the Economy
Feb. 11, 2009: WTTW 11 Chicago: Chicago Tonight/The Bottom Line: Stimulus Package
Feb. 12, 2009: WLS ABC 7 Chicago: Older Workers Have High Hopes for Stimulus
March 17, 2009: First Business: Bear Stearns--One Year Later
New Post-MBA Concentration Program
 
The Kellstadt Graduate School of Business (KGSB) now offers a new program - available exclusively to its alumni - that provides the opportunity for KGSB graduates with an MBA to earn an additional concentration at a significantly reduced tuition rate. In light of the current economic situation, it is essential for those with careers in business to respond to changes taking place in the global market. Staying ahead of the curve and expanding one's skill set can help ensure that one reaches their long-term career goals, while also fostering new professional opportunities.
 
Earning a new concentration will typically be accomplished by taking three courses (click here for more information about specific concentrations and specific requirements). Upon completion, the new concentration will be added to your official DePaul transcript.
Click here for more information on the program and how to apply. 
DePaul Real Esate Alumni Alliance Speed Networking Event 
 
The DePaul Real Estate Alumni Alliance (DREAA) is partnering with eXtreme Networking, the world leader in speed networking software, to introduce real estate professionals to the benefits of speed networking.  According to eXtreme Networking, "these high-speed events scientifically match professionals using our proprietary scheduling software, which is optimized based on relevancy and personal preferences.  Each one-on-one speed date is five minutes in duration.  The theory is chaos simplified: when you meet many more people in much less time, the odds greatly increase that you'll meet people who you deem a business match."
 
Join DREAA members and other real estate professionals at this unique networking event:
 
When:     Tuesday, April 28, 2009
               Check in: 530pm
               Event: 6:00-9:00pm
 
Where:    DePaul University, Loop Campus
 
Registration fees:
               DePaul Alumni & Graduate Students: $25
               Non-DePaul Real Estate Professionals: $40
 
Registration closes April 24, 2009
 
RERC Provides Practical Experience to Graduate Class
 
Real Estate Research Corp. is pleased to provide the RERC Commercial Real Estate Management Information System (MIS) for DePaul students in the Real Estate Investment graduate level class. The System brings together a variety of real-time commercial real estate data, reports, and other research into a single, user-friendly platform. Tremendously flexible, the web-based RERC MIS gives clients the tools they need to conduct sophisticated analysis of the data, streamline their operations, and improve the operational efficiency of their reporting and data management functions.   Students will use this software to prepare a group presentation to a mock investment company.
 
Headquartered in Chicago, RERC was founded in 1931, and is one of the longest-serving national firms devoted to unbiased commercial real estate research, valuation, consulting, management information services, litigation support, and independent fiduciary services. RERC's clients include institutional and individual investors, development and investment firms, and government agencies at all levels. Corporations, pension funds, and institutions seeking to diversify their investment portfolios frequently call on RERC to provide consulting, portfolio, or valuation services. RERC is well-known for publishing the quarterly RERC Real Estate Report, the RERC/CCIM Investment Trends Quarterly, and co-publishing the annual Expectations & Market Realities in Real Estate. 
DePaul Real Estate Center Joins CCIM University Alliance Program 
   
The CCIM/University Fast Track Program is an initiative that allows graduates of real estate Master's programs from prestigious institutions of higher learning to become a Certified Commercial Investment Member (CCIM) at an accelerated pace. The CCIM/University Fast Track initiative affords students of these university programs the opportunity to become part of the CCIM network of commercial real estate professionals, and take advantage of the technology and business resources available to CCIMs.

As a participating University in the program, DePaul real estate graduate students who wish to become a CCIM designee have the opportunity to waive the following courses required as part of the CCIM designee education:
  • CI 101 Financial Analysis
  • CI 102 Market Analysis
  • CI 104 Investment Analysis

Students who wish to apply to this valuable program can find the application here.  For more information about the CCIM Institute, visit www.ccim.com

Calendar of Events
April 17
Collegiate Real Estate Conference
 
April 28
 
May 4-8 
CCIM Course: CI 102 
Market Analysis
 
June 8-12 
CCIM Course: CI 101 
Financial Analysis
 
July 20-24 
CCIM Course: CI 103 
User Decision Analysis
 
September 14-16
CCIM Course: CI 104
Investment Analysis
 
October 19-23
CCIM Course: CI 101
Financial Analysis
 
November 16-20
CCIM Course: CI 102
Market Analysis
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